NOT LISTED FOR SALE

1714 W Spring Ln Mahomet, IL 61853

Estimated Value: $261,056 - $437,000

3 Beds
2 Baths
1,721 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $200,000 $116 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,109/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • 1-Story Property
  • Senior Tax Exemptions
  • Attached Garage
  • Combination Kitchen and Dining Room
  • Wood Siding

About This Home

As of October 2021

Rare price-point opportunity to be right on beautiful 'Spring Lake' with exceptional views of the water! Well over 100 feet of lake frontage and direct access, watch the wildlife (and occasional Bald Eagle) through the wall of windows right from your home! Home was built in 1958 and has had only 3 other owners... move right in and enjoy it as original, or do a remodeling to update and make it all your own while increasing the value considerably with sweat equity! Tucked back private on the 1st cul-de-sac on the south side of the lake. Open concept for its time, original hardwood floors & brick fireplace in the beamed ceiling living room, the family room has original brick/tile flooring plus a 2nd full bath. Bonus room (great computer/office room) off bedroom 3, that also has a bank of window overlooking the lake & a private door leading to the deck as well. All new membrane roof installed in 2018. Attached 3-car garage for plenty of space for your stuff & toys. Legendary Mahomet schools & parks while close to C-U. Current homeowner also owns an over-sized lot to the immediate south that partially borders this home's lot, that can be purchased as well (see separate listing under land/lots, 1712 Spring Lane). Flexible closing/possession date. All appliances (including newer washer & working dryer) are included. Original antique 'saw art' painting of the home hanging over the fireplace is also included with this sale. Call your agent today, these special properties & remodel opportunities are rare and should not last long!

Last Agent to Sell the Property

Bradley Coats

RE/MAX REALTY ASSOCIATES-CHA License #475126018 Listed on: 08/18/2021

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Natalie Nielsen

Pathway Realty, PLLC License #471021839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • 1958

Lot Details

  • 0.58

HOA Fees

  • $42 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Wood Siding

Interior Spaces

  • Dual Sinks
  • 1,721 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Community Details

  • Property managed by Spring Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

1958

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOTS PT 55, 56 SPRING LAKE SUB TBV
  • Architectural Style: Ranch
  • Directions: From Mahomet west side, take 150 west, south on 125E to Spring Lake, cross bridge by main lake and take first left on W. South Shore Drive, then 1st left on Spring Lane to end of cul-de-sac on the main lake.
  • Lot Size: 230X116X156X40X81
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Spring Lake
  • Special Features: None
  • Year Built: 1958

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Built-In Oven, Range Hood, Water Softener Owned
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 1721
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1721
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1721
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1721
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, Built-in Features, Bookcases, Beamed Ceilings
  • Other Equipment: Water-Softener Owned, TV-Cable, Ceiling Fan(s)
  • Dining Room Type: Office, Foyer, Utility Room-1st Floor

Exterior Features

  • Exterior Building Type: Wood Siding
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Spring Lake
  • Management Contact Name: HOA
  • Management Phone: 000-000-0000
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Community Features: Lake, Water Rights

Fee Information

  • Association Fee Includes: Lake Rights

Schools

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

Lot Info

  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 3321.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 19, 2021
Sold by
Stonecipher Bonnie S and Stonecipher Jerre
Bought by
Burd Nicholas Alan and Harris Alan Pauline
Seller's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Natalie Nielsen
Pathway Realty, PLLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$326,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,264
Avg. Annual Appreciation
13.30%
Original Mortgage
$224,550
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burd Nicholas Alan $249,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burd Nicholas Alan $224,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $200,000 -11.1% $116 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $225,000 -- $131 / 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 $4,058 $69,440 $20,610 $48,830
2023 $4,058 $63,130 $18,740 $44,390
2022 $3,743 $58,180 $17,270 $40,910
2021 $3,388 $54,990 $16,320 $38,670
2020 $3,322 $54,070 $16,050 $38,020
2019 $3,233 $53,220 $15,800 $37,420
2018 $2,958 $52,070 $15,460 $36,610
2017 $2,990 $49,590 $14,720 $34,870
2016 $2,980 $49,590 $14,720 $34,870
2015 $2,993 $49,590 $14,720 $34,870
2014 $2,969 $47,500 $14,100 $33,400
2013 $2,961 $47,500 $14,100 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11183272

Midwest Real Estate Data (MRED)

APN: 15-13-17-376-020