NOT LISTED FOR SALE

1128 Lear Ln Mascoutah, IL 62258

Estimated Value: $311,327 - $340,000

3 Beds
2 Baths
1,645 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $199,900 $122 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,321/month

127 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Living Room with Fireplace
  • Mascoutah High School Rated A
  • Open Floorplan
  • Lake, Pond or Stream

About This Home

As of February 2017

The Magnolia at Townsend Square is currently under construction and will be available early this fall. It offers 1,645 sq ft living space, plus a full unfinished basement with rough-in for a full bath. Sporting an open floor concept, this three-bedroom/two-bath home features a gas fireplace in the living room/dining room combo, a large kitchen with appliances and breakfast room, as well as a main floor laundry room. The spacious master bedroom suite includes a huge walk-in closet and a full master bath. Zoned heating and cooling with damper control and a Lifetime PolyCoat Waterproofing Warranty. Highly energy efficient, exceeding all energy conservation laws and codes.

Last Agent to Sell the Property

Mark Pulliam

Worth Clark Realty License #475150952 Listed on: 09/01/2016

Last Buyer's Agent

Karen Cornell

Re/Max Signature Properties License #475122278

Re/Max Signature Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,978

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Waterfront
  • Backs To Open Common Area

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,645 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Low Emissivity Windows
  • Tilt-In Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch

Additional Features

  • Doors with lever handles
  • Gas Water Heater

Community Details

  • Built by New Tradition Homes

Property Details

Property Type

Other

Est. Annual Taxes

$6,978

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Homebuilder: New Tradition Homes
  • Cross Street: Cirrus Dr
  • Special Areas: Entry Foyer, Living Room, Main Floor Laundry
  • Special Description: No Exemptions
  • Special Features: NewHome
  • Property Sub Type: Other

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Fireplaces: 1
  • Basement: Full, Sump Pit/Pump, Unfinished
  • Bedroom Types: Divided Bdr Flr Plan, Main Floor Master, Master Bdr. Suite
  • Dining Room: Dining/Living Rm Cmb
  • Fireplace Location: Living Room
  • Fireplace Type: Gas
  • Interior Amenities: Open Floor Plan, Walk-In Closets
  • Kitchen: Breakfast Room
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Full Bath
  • Misc Features: Smoke Alarm/Detec, Some Carpeting, Some Wood Floors, Walk-In Closets
  • Total Living Area: 1645.00
  • Windows/Doors: 36" Minimum Entry Door, Lever Style Door Handles, Low-E, Sliding Glass Doors, Some Tilt-In Windows

Exterior Features

  • Roof: Composition
  • Exterior Features: Brick/Stone Msn Pred, Vinyl Siding
  • Architecture: Traditional

Garage/Parking

  • Garage Size: 19 x 21
  • Garage Spaces: 2
  • Parking: Attached Garage, Garage Door Opener, Off Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air 90+
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Yearly
  • Amenities: Ceiling Fan, Covered Porch, Patio
  • Total Number of Units: 1.00

Schools

  • School District: Mascoutah DIST 19
  • Elementary School: MASCOUTAH DIST 19
  • Middle School: MASCOUTAH DIST 19
  • High School: Mascoutah

Lot Info

  • Lot Description: Backs to Comm. Grnd, Pond/Lake, Streetlights, Waterfront Lot
  • Lot Dimensions: 50 x 120
  • Lot Number: 54
  • Lot Sq Ft: 6098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Feb 24, 2017
Sold by
New Tradition Homes Llc
Bought by
Overmyer Carolyn A and Overmyer Paul
Seller's Agent
Mark Pulliam
Worth Clark Realty
Buyer's Agent
Karen Cornell
Re/Max Signature Properties
List Price
$210,000
Sold Price
$199,900
Premium/Discount to List
-$10,100
-4.81%
Current Estimated Value
$328,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,182
Avg. Annual Appreciation
5.87%
Original Mortgage
$201,919
Outstanding Balance
$166,027
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$162,055

Purchase Details

Closed on
Apr 4, 2016
Sold by
Straqr Properties Llc
Bought by
New Tradition Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 26, 2010
Sold by
Stifel Bank
Bought by
Straqr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 2, 2008
Sold by
Concord Bank
Bought by
Stifel Bank & Trust and Southern Commercial Bank

Purchase Details

Closed on
Jan 3, 2007
Sold by
Townsend Square Llc
Bought by
T R Hughes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,465,710
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Overmyer Carolyn A $200,000 Attorney
New Tradition Homes Llc $56,000 Fatic
Straqr Properties Llc $1,030,000 None Available
Stifel Bank & Trust -- Benchmark Title Company Llc
Concord Bank -- Benchmark Title Company Llc
T R Hughes Inc $3,280,500 Benchmark Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overmyer Carolyn A $201,919
Previous Owner New Tradition Homes Llc $171,200
Previous Owner Straqr Properties Llc $515,000
Previous Owner T R Hughes Inc $2,465,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $199,900 0.0% $122 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
11/14/2016 11/14/16 Price Changed $199,900 -2.5% $122 / Sq Ft
10/31/2016 10/31/16 Price Changed $205,000 -2.4% $125 / Sq Ft
09/01/2016 09/01/16 For Sale $210,000 -- $128 / Sq Ft
Source: MARIS MLS

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 $6,978 $99,919 $7,108 $92,811
2023 $6,624 $91,317 $6,496 $84,821
2022 $6,526 $83,106 $5,912 $77,194
2021 $6,128 $77,188 $5,726 $71,462
2020 $5,856 $72,403 $5,371 $67,032
2019 $5,711 $72,403 $5,371 $67,032
2018 $5,582 $70,459 $5,227 $65,232
2017 $2,764 $54,890 $5,591 $49,299
2016 $502 $5,510 $5,510 $0
2014 $445 $5,384 $5,384 $0
2013 $372 $5,308 $5,308 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16062359

MARIS MLS

APN: 10-30.0-210-008