NOT LISTED FOR SALE

205 E Oak St Mahomet, IL 61853

Estimated Value: $127,000

0.25 Acre
$508,000 Price per Acre
10,890 Sq Ft Lot

Last Sold June 29, 2021

Last sale price $75,000

Est. 69% increase in value since last sale

Current estimated payment $798/month

226 Days on Market

About This Lot

As of June 2021

Very nice commercial lot in the heart of Mahomet. This lot location offers high traffic visibility. The lot is considered to be a zero lot. This would be be a great lot to build your new office or business.

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 10/26/2020

Co-Listed By

John Rawdin

Taylor Realty Associates License #475128770

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 10/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,419

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66 x 149.75
  • Property fronts a state road
  • Property is zoned COMMR

Home Design

  • Mixed Use

Schools

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

Utilities

  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,419

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: None
  • Legal Description: BROWN'S T.M. PLAT 205 E. OAK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road, State Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water-Municipal

Schools

  • Elementary School: Mahomet Elementary School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 66 X 149.75
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1418.88
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2025
Sold by
Clark Clayton
Bought by
Clark Real Estate Company Llc
Current Estimated Value
$127,000

Purchase Details

Closed on
Nov 15, 2021
Sold by
Triple 7 Holdings Llc
Bought by
Clark Clayton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jun 25, 2021
Sold by
Mccormick Flynn C and Mccormick Flynn C
Bought by
Triple 7 Holdings Llc
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,947
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2014
Sold by
Mccormick Flynn C and Carleen Mccormick T
Bought by
Mccormick Flynn C and The Flynn C Mccormick Self Dec
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Clark Real Estate Company Llc -- None Listed On Document
Clark Clayton $210,000 Act
Triple 7 Holdings Llc $75,000 Attorney
Mccormick Flynn C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Clayton $153,750
Previous Owner Triple 7 Holdings Llc $76,947
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $75,000 -16.7% --
10/26/2020 10/26/20 For Sale $90,000 -- --
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 $1,667 $23,170 $23,170 --
2023 $1,667 $21,060 $21,060 $0
2022 $1,554 $19,410 $19,410 $0
2021 $1,478 $18,350 $18,350 $0
2020 $1,453 $18,040 $18,040 $0
2019 $1,419 $17,760 $17,760 $0
2018 $1,381 $17,380 $17,380 $0
2017 $1,344 $16,710 $16,710 $0
2016 $1,338 $16,710 $16,710 $0
2015 $1,346 $16,710 $16,710 $0
2014 $1,341 $16,710 $16,710 $0
2013 $1,014 $12,650 $12,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10916999

Midwest Real Estate Data (MRED)

APN: 15-13-15-306-003