NOT LISTED FOR SALE

1505 Forest Ridge Dr Mahomet, IL 61853

Estimated Value: $721,000 - $805,000

5 Beds
4 Baths
3,770 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 1505 Forest Ridge Dr, Mahomet, IL 61853 and is currently estimated at $765,644, approximately $203 per square foot. 1505 Forest Ridge Dr is a home located in Champaign County with nearby schools including Middletown Prairie Elementary and First School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Armstrong Construction Of Champaign Inc
Bought by
Anand Vikrant V and Anand Anne M
Current Estimated Value
$765,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,800
Outstanding Balance
$332,814
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$432,830

Purchase Details

Closed on
Jul 20, 2016
Sold by
Mahoment Land Company
Bought by
Armstrong Construction Of Champaign Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
3.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Anand Vikrant V $501,000 Attorney
Armstrong Construction Of Champaign Inc $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand Vikrant V $400,800
Previous Owner Armstrong Construction Of Champaign Inc $353,000
Source: Public Records

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 $15,462 $221,500 $35,500 $186,000
2023 $15,462 $201,360 $32,270 $169,090
2022 $14,373 $185,580 $29,740 $155,840
2021 $13,648 $175,410 $28,110 $147,300
2020 $13,413 $172,480 $27,640 $144,840
2019 $13,083 $169,760 $27,200 $142,560
2018 $12,723 $166,100 $26,610 $139,490
2017 $4,020 $75,960 $25,960 $50,000
2016 $0 $0 $0 $0
Source: Public Records

Map

Illinois Champaign County Mahomet 61853

1505 Forest Ridge Dr, Mahomet, IL

Not Listed for Sale

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