NOT LISTED FOR SALE

1107 Farm Lake Dr Mahomet, IL 61853

Estimated Value: $464,804

4 Beds
3.5 Baths
2,219 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $427,500 $193 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,256/month

Highlights

  • Home Office
  • Bar
  • Laundry Room
  • 3 Car Attached Garage
  • Living Room
  • Entrance Foyer

About This Home

As of June 2023

Sold At List

Last Agent to Sell the Property

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 01/10/2023

Last Buyer's Agent

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 01/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,493

Year Built

  • Built in 2011

Lot Details

  • 10,324

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,219 Sq Ft Home
  • 2-Story Property
  • Bar
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Mahomet Junior High School
  • Mahomet-Seymour High School

Additional Features

  • Lot Dimensions are 87 x 125 x 77 x 125
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,493

Year Built

Built in 2011

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2011
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 132 OF WHISPER MEADOW FIRST
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 872
  • LivingArea: 2219
  • Room Type: Bedroom 5, Office, Foyer
  • Estimated Total Finished Sq Ft: 3091
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 2219
  • Basement Sq Ft: 1021
  • Total Sq Ft: 3240
  • Unfinished Basement Sq Ft: 149
  • Upper Level Sq Ft: 1137
  • Main Level Sq Ft: 1082
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 427500
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mahomet Junior High School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School
  • Middle/Junior School District: 3

Lot Info

  • Lot Dimensions: 87 X 125 X 77 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7493.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jun 7, 2023
Sold by
Ade Nelson and Ade Christina
Bought by
Sylvester Patrick J and Sylvester Julie A
Seller's Agent
Brian Hannon
Taylor Realty Associates
Buyer's Agent
Brian Hannon
Taylor Realty Associates
List Price
$427,500
Sold Price
$427,500
Views
6
Current Estimated Value
$464,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,304
Avg. Annual Appreciation
3.51%
Original Mortgage
$426,500
Outstanding Balance
$417,333
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$42,412

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 28, 2021
Sold by
Melchiorre Kevin M and Melchiorre Geri A
Bought by
Ade Nelson and Ade Christina
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Brian Hannon
Taylor Realty Associates
List Price
$399,900
Sold Price
$397,450
Premium/Discount to List
-$2,450
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$355,876
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2012
Sold by
Scott Nelson Construction Inc
Bought by
Melchiorre Kevan M and Melchiorre Geri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Whisper Meadow Development Llc
Bought by
Scott Nelson Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Sylvester Patrick J $427,500 Chicago Title
Ade Nelson $397,500 None Available
Melchiorre Kevan M $270,000 First Community Title
Scott Nelson Construction Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Patrick J $426,500
Previous Owner Ade Nelson $355,876
Previous Owner Melchiorre Kevan M $198,000
Previous Owner Melchiorre Kevan M $196,000
Previous Owner Scott Nelson Construction Inc $212,000
Previous Owner Sjoken Anthony W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $427,500 0.0% $193 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $427,500 +7.6% $193 / Sq Ft
10/28/2021 10/28/21 Sold $397,450 -0.6% $128 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $399,900 -- $129 / Sq Ft
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 $8,522 $125,040 $26,060 $98,980
2023 $8,522 $113,670 $23,690 $89,980
2022 $7,905 $104,760 $21,830 $82,930
2021 $7,493 $99,010 $20,630 $78,380
2020 $7,361 $97,360 $20,290 $77,070
2019 $7,177 $95,830 $19,970 $75,860
2018 $6,975 $93,770 $19,540 $74,230
2017 $6,702 $89,300 $18,610 $70,690
2016 $6,669 $89,300 $18,610 $70,690
2015 $6,712 $89,300 $18,610 $70,690
2014 $6,566 $87,810 $18,300 $69,510
2013 $6,555 $87,810 $18,300 $69,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11698500

Midwest Real Estate Data (MRED)

APN: 15-13-22-428-004