Jacksonville Property Sold for $580,000
Table of Contents
A residential property located on Concord Arenzville Road in Jacksonville, Illinois, recently changed ownership for $580,000. The transaction involved Daryl L. Quigg, serving as trustee for the Daryl L. Quigg Trust, and Patricia L.
This sale represents a notable transaction within the Jacksonville real estate market. Property transfers are a key indicator of economic activity and investment within the community.
Transaction Details
| Property Address | Sale Price | Trustee | Co-Owner |
|---|---|---|---|
| Concord Arenzville road | $580,000 | Daryl L. Quigg | Patricia L. |
Did You Know?
Property transactions are public record, providing transparency into local real estate activity.
The role of a trustee, such as Daryl L. Quigg in this case, is too manage assets for the benefit of the trust’s beneficiaries. Trusts are often used for estate planning and asset protection.
Pro Tip:
Regularly checking local property records can provide valuable insights into neighborhood trends and potential investment opportunities.
ancient Context & Jacksonville Real Estate
Jacksonville, Illinois, has a diverse housing market, ranging from historic homes to newer developments. real estate is an important driver of the local economy.
– Jacksonville area Chamber of Commerce.
While specific data on recent market trends requires further examination, property sales like this one contribute to the overall economic health of the city. the Jacksonville Journal-Courier regularly reports on local property transfers.
“Property ownership is a cornerstone of the American dream.” – National Association of Realtors
Understanding the details of these transactions-sale price, involved parties, and property location-offers a snapshot of the current real estate landscape in Jacksonville.
What factors do you think are driving property values in Jacksonville right now? and how important is transparency in local property transactions to you?
Evergreen Context: Real Estate Trends
real estate markets are cyclical, influenced by factors like interest rates, economic growth, and population shifts. Long-term trends in Jacksonville, like those observed nationally, often involve a balance between affordability and desirability. Monitoring these trends is crucial for both buyers and sellers.
Frequently Asked Questions
- What is a property trustee? A trustee manages assets held within a trust, acting in the best interests of the beneficiaries.
- Are property transactions public record? Yes, property transactions are generally considered public record and can be accessed thru local county offices.
- What influences property values? Factors like location, size, condition, and market conditions all influence property values.
- Where can I find more information on Jacksonville real estate? The Jacksonville Journal-courier and local real estate agents are good resources.
- What is the meaning of a $580,000 property sale in Jacksonville? It indicates a substantial investment in the local housing market and contributes to the area’s economic activity.
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