NOT LISTED FOR SALE

1601 W Point Dr Mahomet, IL 61853

Estimated Value: $256,605 - $308,000

2 Beds
1 Bath
1,536 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $245,000 $160 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,817/month

Highlights

  • Waterfront
  • Ranch Style House
  • Central Air
  • Family Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of April 2024

Beautiful spacious lake view from the large windows in the living room and family room. This cute house is located in Spring Lake Subdivision! Two wood burning fireplaces in living and family room. Will make your winter enjoyable. Country style living near great schools. Relax on the terrific deck overlooking the lake and fish or boat from your own private dock. Oversized 2 car garage. New septic system (2021). HVAC (2021). Culligan soft water (2021). Brick Paved patio (2021). 2019 Lowe pontoon boat is negotiable.

Last Agent to Sell the Property

Jing Allen

Coldwell Banker R.E. Group License #475173482 Listed on: 03/21/2024

Coldwell Banker R.E. Group

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 109x45x71x109
  • Waterfront

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Association fees include lake rights
  • Spring Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,527

Year Built

Built in 1962

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Spring Lake
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 22 SPRING LAKE SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • LivingArea: 1536
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1536
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1536
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 1536
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1536
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 249900
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights

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

  • Lot Dimensions: 109X45X71X109
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 3527
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 25, 2024
Sold by
Bao Wally and Bao Wuli
Bought by
Murphy Coady and Brockett Alex
Seller's Agent
Jing Allen
Coldwell Banker R.E. Group
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Views
25
Current Estimated Value
$274,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,401
Avg. Annual Appreciation
8.31%
Original Mortgage
$240,562
Outstanding Balance
$237,346
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$37,055

Purchase Details

Closed on
Feb 23, 2017
Sold by
Leenerman Arthur L
Bought by
Bao Wuli and Lu Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Murphy Coady $245,000 None Listed On Document
Bao Wuli $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Coady $240,562
Previous Owner Bao Wuli $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $245,000 -2.0% $160 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $249,900 -- $163 / 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 $3,789 $58,690 $10,310 $48,380
2023 $3,789 $53,350 $9,370 $43,980
2022 $3,527 $49,170 $8,640 $40,530
2021 $3,352 $46,480 $8,170 $38,310
2020 $3,295 $45,700 $8,030 $37,670
2019 $3,216 $44,980 $7,900 $37,080
2018 $3,130 $44,010 $7,730 $36,280
2017 $1,863 $41,910 $7,360 $34,550
2016 $1,856 $41,910 $7,360 $34,550
2015 $1,864 $41,910 $7,360 $34,550
2014 $1,906 $40,140 $7,050 $33,090
2013 $1,901 $40,140 $7,050 $33,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12009748

Midwest Real Estate Data (MRED)

APN: 15-13-17-405-006