NOT LISTED FOR SALE

1506 Beaver Lake Dr Mahomet, IL 61853

Estimated Value: $438,000 - $527,000

4 Beds
3.5 Baths
2,453 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $410,000 $167 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,975/month

118 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Recreation Room
  • Traditional Architecture
  • Formal Dining Room

About This Home

As of June 2022

This beautiful 2-story home, situated on a cul-de-sac in popular Lakes at Riverbend Subdivision, lends itself to celebrations (big or small), family holidays, and life-long memories with friends and family. New hardwood floors grace the formal living room and dining room. The open eat-in kitchen and family room sit in the heart of the home and boasts new carpet and a fireplace in the family room while the chef of the family will appreciate the well-appointed eat-in kitchen. The second-floor spacious master suite boasts a vaulted ceiling, walk-in closet and full ensuite bath. Three additional bedrooms, a full bath and the laundry room complete the upper level. Take advantage of the additional living space in the basement offering a versatile rec room, full bath and storage space. Walk outside and enjoy the stone patio overlooking the in-ground pool and fenced-in backyard. New pool cover & filter in '21, new pool robot in '20 and new liner in '18. Don't miss this one, call today to schedule your private showing!

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 10/25/2021

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,001

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 165x82x123x76
  • Cul-De-Sac
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,453 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Mahomet Elementary School
  • Mahomet Junior High School
  • Mahomet-Seymour High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Lakes At Riverbend Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,001

Year Built

Built in 2003

Lot Details

0

HOA Fees

$11 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lakes at Riverbend
  • Year Built: 2003
  • Age: 16-20 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 128 LAKES AT RIVERBEND PHASE 1B
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 801
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Second Floor Laundry
  • LivingArea: 2453
  • Room Type: Recreation Room, Eating Area
  • Estimated Total Finished Sq Ft: 3254
  • Basement Description: Partially Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2453
  • Basement Sq Ft: 1181
  • Fireplace Location: Family Room
  • Total Sq Ft: 3634
  • Unfinished Basement Sq Ft: 380
  • Upper Level Sq Ft: 1272
  • Main Level Sq Ft: 1181
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool
  • List Price: 419900
  • Lot Features: Cul-De-Sac, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.31
  • Lot Dimensions: 165X82X123X76
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 8001.12
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jun 14, 2022
Sold by
Kaur Singh and Kaur Tajinder
Bought by
Singh Baljit and Sekhon Tajinder Kaur
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Sold Price
$410,000
Current Estimated Value
$481,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,876
Avg. Annual Appreciation
4.60%
Original Mortgage
$410,000
Outstanding Balance
$391,234
Interest Rate
4.74%
Mortgage Type
VA
Estimated Equity
$81,306

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jul 22, 2016
Sold by
Clouse William E and Clouse Kellie S
Bought by
Singh Baljit and Sekhon Tajinder Kaur
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Teri Thrasher
eXp Realty-Champaign
List Price
$349,900
Sold Price
$338,500
Premium/Discount to List
-$11,400
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$270,800
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2003
Sold by
Signature Construction Inc
Bought by
Clouse William E and Clouse Kellie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,900
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Mid America Sand & Gravel Co
Bought by
Signature Construction Inc
Source: Public Records

Range of Values:

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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
Singh Baljit $410,000 None Listed On Document
Singh Baljit $338,500 None Available
Clouse William E $236,500 --
Signature Construction Inc $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Baljit $410,000
Previous Owner Singh Baljit $375,000
Previous Owner Singh Baljit $270,800
Previous Owner Clouse William E $164,250
Previous Owner Clouse William E $170,314
Previous Owner Clouse William E $30,000
Previous Owner Clouse William E $188,600
Previous Owner Clouse William E $188,900
Previous Owner Signature Construction Inc $204,081
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $410,000 -2.4% $167 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
01/05/2022 01/05/22 For Sale -- -- --
11/27/2021 11/27/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $419,900 +24.0% $171 / Sq Ft
07/28/2016 07/28/16 Sold $338,500 -3.3% $138 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $349,900 -- $143 / 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 $4,054 $135,240 $25,050 $110,190
2023 $4,054 $122,940 $22,770 $100,170
2022 $8,589 $113,310 $20,990 $92,320
2021 $8,145 $107,100 $19,840 $87,260
2020 $8,001 $105,310 $19,510 $85,800
2019 $7,801 $103,650 $19,200 $84,450
2018 $7,583 $101,420 $18,790 $82,630
2017 $7,478 $98,940 $18,330 $80,610
2016 $7,440 $98,940 $18,330 $80,610
2015 $7,357 $98,940 $18,330 $80,610
2014 $7,175 $95,400 $18,460 $76,940
2013 $7,050 $93,990 $18,190 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11250359

Midwest Real Estate Data (MRED)

APN: 15-13-21-280-046