NOT LISTED FOR SALE

1516 Estate Dr Normal, IL 61761

Estimated Value: $325,000 - $341,248

4 Beds
3.5 Baths
2,007 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $314,000 $156 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,320/month

110 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Laundry Room
  • Normal Community High School Rated A-
  • Living Room
  • Ceramic Tile Flooring

About This Home

As of December 2024

This home is located at 1516 Estate Dr, Normal, IL 61761 since 15 July 2024 and is currently estimated at $331,312, approximately $165 per square foot. This property was built in 2003. 1516 Estate Dr is a home located in McLean County with nearby schools including Fairview Elementary School, Chiddix Junior High School, and Normal Community High School.

Last Agent to Sell the Property

Adam Merrick

Adam Merrick Real Estate License #471018071 Listed on: 07/15/2024

Co-Listed By

Stephen Bogart

Adam Merrick Real Estate License #475176868

Last Buyer's Agent

Monica Washington

Coldwell Banker Real Estate Group License #475160743

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 69x116

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,007 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave

Flooring

  • Partially Carpeted
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

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

Schools

  • Fairview Elementary School
  • Kingsley Jr High Middle School
  • Normal Community High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Collie Ridge Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,735

Year Built

Built in 2003

Lot Details

0

Parking

2

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: Collie Ridge
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, Second Floor Laundry, Some Carpeting
  • LivingArea: 2007
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2691
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 3233
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fairview Elementary
  • High School: Normal Community High School
  • Middle/Junior School: Kingsley Jr High

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 69X116
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 6735
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Dec 10, 2024
Sold by
Jordan Demarco Anthony
Bought by
Wilks Monica
Seller's Agent
Adam Merrick
Adam Merrick Real Estate
Buyer's Agent
Monica Washington
Coldwell Banker Real Estate Group
List Price
$310,000
Sold Price
$314,000
Premium/Discount to List
$4,000
1.29%
Views
101
Current Estimated Value
$344,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,306
Avg. Annual Appreciation
4.91%
Original Mortgage
$308,312
Outstanding Balance
$304,569
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$26,743

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 8, 2020
Sold by
Solomon Devon M and Solomon Chrity C
Bought by
Jordan Demarco Anthony
Seller's Agent
Mike Hutson
RE/MAX Rising
Buyer's Agent
Amanda Wycoff
BHHS Central Illinois, REALTORS
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$225,060
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Jul 16, 2014
Closed on
Jun 10, 2015
Sold by
American International Relocation Soluti
Bought by
Solomon Devon M and Solomon Christy C
Seller's Agent
Ed Neaves
BHHS Central Illinois, REALTORS
Buyer's Agent
Mike Hutson
RE/MAX Rising
List Price
$223,000
Sold Price
$206,500
Premium/Discount to List
-$16,500
-7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%
Original Mortgage
$196,175
Interest Rate
3.82%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Heggen Erik E and Heggen Nicole D
Bought by
American International Relocation Soluti

Purchase Details

Closed on
Aug 24, 2006
Sold by
Ftacek John and Ftacek Lynn
Bought by
Land America One Stop Inc Trust
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Wilks Monica $314,000 Mclean County Title
Wilks Monica $314,000 Mclean County Title
Jordan Demarco Anthony $220,000 Alliance Land Title
Solomon Devon M $206,500 Alliance Land Title
American International Relocation Soluti $223,000 Attorneys Title Guaranty Fun
Land America One Stop Inc Trust $203,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilks Monica $308,312
Closed Wilks Monica $308,312
Previous Owner Jordan Demarco Anthony $225,060
Previous Owner Solomon Devon M $196,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $314,000 +1.3% $156 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $310,000 0.0% $154 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $310,000 +1.6% $154 / Sq Ft
10/21/2024 10/21/24 Price Changed $305,000 0.0% $152 / Sq Ft
10/21/2024 10/21/24 For Sale $305,000 +1.7% $152 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/24/2024 08/24/24 Price Changed $299,900 -3.3% $149 / Sq Ft
07/16/2024 07/16/24 For Sale $310,000 +40.9% $154 / Sq Ft
05/12/2020 05/12/20 Sold $220,000 -2.2% $78 / Sq Ft View Prior Sale
03/26/2020 03/26/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $224,900 +8.9% $80 / Sq Ft
06/17/2015 06/17/15 Sold $206,500 -7.4% $99 / Sq Ft View Prior Sale
05/15/2015 05/15/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $223,000 -- $107 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,334 $94,577 $20,905 $73,672
2022 $6,334 $76,507 $16,911 $59,596
2021 $6,087 $72,183 $15,955 $56,228
2020 $6,047 $71,433 $15,789 $55,644
2019 $5,839 $71,049 $15,704 $55,345
2018 $5,769 $70,297 $15,538 $54,759
2017 $5,564 $70,297 $15,538 $54,759
2016 $5,503 $70,297 $15,538 $54,759
2015 $5,853 $68,650 $15,174 $53,476
2014 $5,026 $68,650 $15,174 $53,476
2013 -- $65,686 $15,174 $50,512
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112251

Midwest Real Estate Data (MRED)

APN: 14-22-179-002