150 Tipperary Court, Woodstock | Zillow
150 Tipperary Court, Woodstock | Zillow
Illinois' highest-in-the-nation property taxes are eroding home equity and depressing home values across the state. This report is part of a SYHN News Service series on recent home sales that demonstrate the consequences.
The home: 150 Tipperary Court, Woodstock
The 2,628-square-foot home has 4 bedrooms, 4 baths, an in-ground pool and barn on 3 acres of land.
The seller: Danny Thompson
The purchase: In May 2003, Thompson paid $470,000 for the home, or roughly $643,485 in today's dollars.
The sale: According to Zillow, Thompson sold the home for $415,000 on Jan. 9, or an estimated $228,485 less than the original purchase price, in today's dollars.
Thompson originally listed the home for $439,900 in May 2018. He dropped the price to $423,000 in October 2018.
The property taxes: Johnson paid $43,565 in property taxes from 2013 to 2017, or approximately 11 percent of the sale price.
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