5
Beds
3
Baths
4,757
Sq Ft
0.81
Acres
Highlights
- Lake Front
- Boat Slip
- Mature Trees
- Tri-Valley Elementary School Rated A
- Open Floorplan
- Community Lake
About This Home
As of March 2025Experience breathtaking lake views from this stunning 5-bedroom, 3-bathroom walkout ranch in the sought-after Mallingham subdivision. Situated on a huge 0.81-acre lot, this home offers the perfect combination of serene lakefront living and ample space for outdoor fun. The front yard alone is big enough for a game of flag football or a competitive game of "WooshBall"(not a typo, look it up). It also provides a nice resting area for the local deer population when you aren't playing. Oh, speaking of nature, the beach area and back deck allow you an absolutely serene spot to watch the swans and other birds right from your favorite chair. Step inside to find an inviting open-concept layout perfect for entertaining and your holiday gatherings. The updated kitchen boasts stainless steel appliances, new counters and backsplash and a breakfast area that is open to the living room. The living room captures tons of natural light from the south facing windows, so your plants can stay happy all year long. Need something a little more formal? There is a separate dining area as well. So when you have to bust out the "fine china" and dress to impress, you have the perfect space to make it happen . From either of your eating areas you can access the screened porch where you can continue to wow your guests, or just enjoy your morning coffee in a nice private setting overlooking the lake. The walkout lower level is designed for entertaining as well. From the wet bar and a large family room you can access the private beach area. Literally right outside your back door. It even has a sidewalk in the backyard. Do you have a sidewalk in your backyard? You don't?.... you could if you lived here. The lower level also includes a 5th bedroom and full bath, ideal for guests or a private retreat. Enjoy waking up in the primary bedroom and having the lake right outside your window. There are literally lake views from almost every room in the house. Cooking dinner in the kitchen? Lake view. Watching TV in the living room? Lake view. Relaxing in the family room in front of the fireplace? Lake view. Playing a game of foosball or cards downstairs? Lake view. Have a guest coming to stay in the 5th bedroom down stairs? You guessed it. They will have a lake view when they wake up as well. You basically have to play hide-n-seek here to not have a lakeview. Ohh, we haven't even mentioned the sunsets yet, but oh my! You're going to want to see them. We could go on forever about all the things that make this such a unique property, however you're probably getting tired of reading, so let's wrap it up. We made some videos for you to watch and made a 3D model for those of you in a rush, so go check them out on the property website or our social media pages. A three-car garage provides plenty of storage and there is also a large storage room for all your "treasures" just off the work out room in the lower level. Located in the Tri-Valley School District, this rare lakefront gem is a must-see! Schedule your private showing today!
Last Agent to Sell the Property
RE/MAX Rising License #475156751 Listed on: 02/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,619
Year Built
- Built in 1988
Lot Details
- 0.81 Acre Lot
- Lot Dimensions are 300x200x50x180
- Lake Front
- Paved or Partially Paved Lot
- Mature Trees
HOA Fees
- $30 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Walk-Out Ranch
- Asphalt Roof
Interior Spaces
- 4,757 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bookcases
- Bar
- Ceiling Fan
- Gas Log Fireplace
- Family Room Downstairs
- Combination Dining and Living Room
- Game Room
- Screened Porch
- Water Views
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
- Dual Sinks
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Boat Slip
- Balcony
- Deck
- Patio
- Gazebo
Schools
- Tri-Valley Elementary School
- Tri-Valley Junior High School
- Tri-Valley High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Shared Well
- Water Purifier is Owned
- Water Softener is Owned
- Private or Community Septic Tank
Community Details
- Association fees include lake rights
- Mallingham Way Subdivision
- Community Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2020
Closed on
Feb 22, 2021
Sold by
Moudy James R and Moudy Betty L
Bought by
Ogrady Ryan and Ogrady Michelle
Seller's Agent
Daniel Carcasson
RE/MAX Rising
Buyer's Agent
Ryan Esposito
RE/MAX Rising
List Price
$339,000
Sold Price
$322,500
Premium/Discount to List
-$16,500
-4.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,387
Avg. Annual Appreciation
13.24%
Original Mortgage
$306,375
Outstanding Balance
$276,509
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$277,378
Similar Homes in Downs, IL
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $322,500 | Ftc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $306,375 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $561,500 | +2.1% | $118 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $550,000 | +70.5% | $116 / Sq Ft |
| 02/22/2021 02/22/21 | Sold | $322,500 | -4.9% | $68 / Sq Ft |
| 12/16/2020 12/16/20 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | For Sale | $339,000 | 0.0% | $71 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $339,000 | -- | $71 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,168 | $121,529 | $39,313 | $82,216 |
| 2022 | $8,168 | $103,980 | $33,636 | $70,344 |
| 2021 | $9,201 | $109,681 | $32,349 | $77,332 |
| 2020 | $9,211 | $109,681 | $32,349 | $77,332 |
| 2019 | $8,289 | $109,681 | $32,349 | $77,332 |
| 2018 | $8,221 | $108,821 | $32,095 | $76,726 |
| 2017 | $8,074 | $106,991 | $31,555 | $75,436 |
| 2016 | $8,019 | $106,005 | $31,264 | $74,741 |
| 2015 | $7,921 | $105,248 | $31,041 | $74,207 |
| 2014 | $6,846 | $95,330 | $8,729 | $86,601 |
| 2013 | -- | $95,330 | $8,729 | $86,601 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Esposito
Seller's Agent in 2025
Ryan Esposito
RE/MAX
(309) 275-4361
86 Total Sales
-
Kyle Koester
Buyer's Agent in 2025
Kyle Koester
KELLER WILLIAMS-TREC-MONT
(217) 210-4944
623 Total Sales
-
Daniel Carcasson
Seller's Agent in 2021
Daniel Carcasson
RE/MAX
(309) 310-5949
272 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12270795
APN: 22-29-476-005
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