NOT LISTED FOR SALE

1602 Beaver Lake Dr Mahomet, IL 61853

Estimated Value: $472,000 - $567,328

5 Beds
5 Baths
2,630 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $377,500 $144 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,850/month

12 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of May 2020

Gorgeous home situated on a large lot boasts an open floorplan with an abundance of natural light, five bedrooms, four and a half baths, full basement and so much more! Beautiful hardwood floors grace the open living room with floor to ceiling windows, fireplace and open staircase. The kitchen is a delight offering a plethora of cabinets, island, planning desk and is complete with stainless steel appliances. The first floor also hosts the master suite with a walk-in closet, full ensuite bath, and access to the back deck. Continue the fun in the partially finished basement offering a large family/rec room with fireplace, playroom, full bath, and 5th bedroom plus plenty of storage space. As the weather warms, the large back deck is the perfect place to relax and/or entertain. Enjoy the neighborhood walking paths and easy access to the neighborhood lake. A must see home, call today to schedule your private showing.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 04/06/2020

Co-Listed By

Craig Buchanan

RE/MAX REALTY ASSOCIATES-CHA License #475128118

Last Buyer's Agent

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 04/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,967

Year Built

  • 2004

Lot Details

  • Cul-De-Sac
  • Irregular Lot

HOA Fees

  • $8 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Play Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub

Partially Finished Basement

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

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,967

Year Built

2004

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 2630
  • Unfinished Basement Sq Ft: 638
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 4378
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 11
  • Living Room: Dimensions: 19X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, Oven/Built-in
  • Equipment: Sump Pump, Radon Mitigation System(s)
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 7X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: 5th Bedroom, Eating Area, Play Room
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X12, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Eating Area, Dimensions: 13X12, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Playroom, Dimensions: 23X12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2630
  • Estimated Total Finished Sq Ft: 3740
  • Basement Sq Ft: 1748
  • Basement Finished Sq Ft: 1110
  • Main Level Sq Ft: 1748
  • Upper Level Sq Ft: 882
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X16, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch
  • Exposure: N (North)
  • Acreage: 0.36

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance, Lawn Care
  • Assessment Association Fees: 100

Schools

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

Lot Info

  • Lot Dimensions: 59.15X88.99X160X47.91X175.53
  • Lot Description: Cul-de-sac, Irregular
  • Parcel Identification Number: 151321280042

Tax Info

  • Taxes: 9829.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
May 29, 2020
Sold by
Gongwer Andrew G and Gongwer Nicole M
Bought by
Morrissey Joseph and Campbell Margaret
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Nick Taylor
Taylor Realty Associates
List Price
$385,000
Sold Price
$377,500
Premium/Discount to List
-$7,500
-1.95%
Current Estimated Value
$522,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,634
Avg. Annual Appreciation
5.64%
Original Mortgage
$302,000
Outstanding Balance
$270,289
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$232,474

Purchase Details

Closed on
Aug 4, 2017
Sold by
Garner Ronald W and Garner Disa A
Bought by
Gongwer Andrew G and Gongwer Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2013
Sold by
Redden David E and Redden Carla J
Bought by
Garner Ronald W and Garner Disa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Zakaria Aamir M
Bought by
Redden David E and Redden Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,075
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Chicago Title Land Trust Company
Bought by
Zakaria Aamir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Azwell Scott and Shaw Pamela S
Bought by
Chicago Title Land Trust Company and Trust #F634493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Ironwood Builders Inc
Bought by
Azwell Scott and Shaw Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.08%
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
Morrissey Joseph -- None Available
Gongwer Andrew G $365,000 None Available
Garner Ronald W $350,000 None Available
Redden David E $349,500 None Available
Zakaria Aamir M $345,000 Allied
Chicago Title Land Trust Company $345,000 Allied
Azwell Scott $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrissey Joseph $302,000
Previous Owner Gongwer Andrew G $346,750
Previous Owner Garner Ronald W $300,000
Previous Owner Redden David E $297,075
Previous Owner Zakaria Aamir M $276,000
Previous Owner Chicago Title Land Trust Company $34,500
Previous Owner Azwell Scott $212,000
Previous Owner Azwell Scott $291,000
Previous Owner Azwell Scott $291,500
Previous Owner Azwell Scott $292,000
Previous Owner Azwell Scott $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $377,500 -1.9% $144 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $385,000 -- $146 / 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 $11,967 $172,920 $25,050 $147,870
2023 $11,967 $157,200 $22,770 $134,430
2022 $11,116 $144,890 $20,990 $123,900
2021 $10,549 $136,950 $19,840 $117,110
2020 $10,366 $134,660 $19,510 $115,150
2019 $10,110 $132,540 $19,200 $113,340
2018 $9,830 $129,690 $18,790 $110,900
2017 $9,697 $126,520 $18,330 $108,190
2016 $9,648 $126,520 $18,330 $108,190
2015 $9,266 $126,520 $18,330 $108,190
2014 $9,040 $118,640 $18,460 $100,180
2013 $8,885 $116,890 $18,190 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10684295

Midwest Real Estate Data (MRED)

APN: 15-13-21-280-042