NOT LISTED FOR SALE

9N311 Muirhead Rd Elgin, IL 60124

Estimated Value: $432,331 - $491,000

5.25 Acres
$89,111 Price per Acre
228,690 Sq Ft Lot

Last Sold January 07, 2019

Last sale price $215,000

Est. 118% increase in value since last sale

Current estimated payment $3,123/month

20 Days on Market

About This Lot

As of January 2019

5.25 WOODED ACRES WITH BOWES CREEK RUNNING THROUGH THIS ABSOLUTELY GORGEOUS PROPERTY WHICH ADJOINS THE 241 ACRE BOWES CREEK WOODS FOREST PRESERVE. 54X60 OUTBUILDING WITH CEMENT FLOOR & HOOK-UPS FOR RADIANT HEAT (THE TUBES ARE IN BUT NOT HOOKED UP) AND IT IS ROUGHED IN FOR A KITCHEN & BATH. IT DOES HAVE OVERHEAD GAS FORCED AIR HEAT. 2 LARGE OH DOORS WITH OPENERS. 220 ELECTRICAL SERVICE. OFFERS ABUNDANT STORAGE FOR CAR ENTHUSIASTS ETC.. BASEBALL HITTING/PRACTICE TUNNEL CAN STAY. HORSES ALLOWED.

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 10/15/2018

RE/MAX Horizon

Last Buyer's Agent

Michelle Collingbourne

RE/MAX All Pro - St Charles License #475142210

RE/MAX All Pro - St Charles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,940

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$7,940

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: School Bus Service
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Horses Allowed, Sloping, Stream, Wooded
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 5.0-5.99 Acres
  • Waterfront: Yes
  • Acreage: 5.25
  • Frontage Access: Township Road
  • Front Footage: 200

Schools

  • Junior High Dist: 301
  • Other Public School District: 301

Lot Info

  • Lot Dimensions: 200X582X430X128X87X
  • Parcel Identification Number: 0527328001

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 4288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jan 7, 2019
Sold by
Anderson Jerry
Bought by
Porto Dennis J
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Michelle Collingbourne
RE/MAX All Pro - St Charles
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$467,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,833
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Sep 25, 2018
Sold by
Anderson Gloria
Bought by
Anderson Jerry

Purchase Details

Closed on
May 26, 2011
Sold by
Turner Aaron L and Turner Sara A
Bought by
Anderson Jerry

Purchase Details

Closed on
Jul 28, 2004
Sold by
Head Dennis P and Head David P
Bought by
Turner Aaron L and Turner Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
In Head Michael J and In Clarence A Head Jr Personal
Bought by
Head Dennis P and Head David P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Porto Dennis J $215,000 Chicago Title Insurance Co
Anderson Jerry -- Attorney
Anderson Jerry -- Attorney
Anderson Jerry $165,000 Chicago Title Insurance Co
Turner Aaron L $390,000 Chicago Title Insurance Comp
Head Dennis P -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Aaron L $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $215,000 -4.4% --
11/04/2018 11/04/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,940 $119,327 $55,275 $64,052
2023 $4,997 $60,814 $50,000 $10,814
2022 $5,110 $60,253 $49,833 $10,420
2021 $5,076 $58,210 $48,143 $10,067
2020 $5,062 $57,164 $47,278 $9,886
2019 $5,063 $56,425 $46,667 $9,758
2018 $4,448 $49,843 $41,040 $8,803
2017 $4,389 $48,619 $40,280 $8,339
2016 $4,660 $47,465 $39,324 $8,141
2015 -- $46,611 $39,324 $7,287
2014 -- $46,611 $39,324 $7,287
2013 -- $39,996 $39,996 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10113493

Midwest Real Estate Data (MRED)

APN: 05-27-328-001