NOT LISTED FOR SALE

2402 Appaloosa Ln Mahomet, IL 61853

Estimated Value: $408,000 - $550,000

4 Beds
3 Baths
2,400 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $350,000 $146 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,016/month

17 Days on Market

Highlights

  • River Front
  • Mature Trees
  • Vaulted Ceiling
  • Heated Floors
  • Deck
  • Ranch Style House

About This Home

As of June 2021

The best of both worlds - this home is situated in a small country subdivision on a beautiful, tree-filled, nearly 3 acre lot backing to the Sangamon River. In the past few years, this home has been renovated from end to end, including the addition of a 3rd full bath, a complete kitchen makeover, and new wood flooring throughout. The kitchen features an oversized island, quartz countertops, and skylights that provide loads of natural light. A new bar/serving area was added for entertaining guests. The mud room addition is a perfect spot to unload as you enter the home from the garage, complete with a custom bench. The landscaping just received a professional touch-up, and you'll enjoy both a screened back porch and an open deck area with an outdoor cooking set-up. The roof was replaced in 2015. What appears to be a shed outside is actually a fully-functional (heated and cooled, with power) office/studio - could be used as an outdoor clubhouse, too! An additional concrete pad has been poured next to the home, perfect for parking a boat or camper, or as a great start to adding a second detached garage. The best feature of all is access to the Sangamon River for those who enjoy fishing or kayaking, or simply listening to nature!

Last Agent to Sell the Property

Carrie Johnston

Taylor Realty Associates License #475169758 Listed on: 05/03/2021

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,310

Year Built

  • Built in 2003

Lot Details

  • 2.97 Acre Lot
  • Lot Dimensions are 250x500x251.86x522.49
  • River Front
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

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

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Screened Porch
  • Crawl Space
  • Breakfast Bar
  • Laundry on main level

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Fire Pit

Schools

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

Utilities

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

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,310

Year Built

Built in 2003

Lot Details

0

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
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 40 MEADOWS SUB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, Heated Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2400
  • Room Type: Eating Area, Foyer
  • Estimated Total Finished Sq Ft: 2400
  • Assessed Sq Ft: 2700
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2400
  • Basement Sq Ft: 0
  • Square Footage Comments: Measured with Matterport scanner, deemed reliable but not guaranteed.
  • Total Sq Ft: 2400
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 2400
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Deck, Porch, Porch Screened, Fire Pit
  • List Price: 349900
  • Lot Features: River Front, Wooded, Mature Trees
  • OtherStructures: Other
  • Waterfront: Yes
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 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
  • Laundry Features: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

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 Size Acres: 2.97
  • Lot Dimensions: 250X500X251.86X522.49
  • Rural (Y/N): Y
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 5310.04
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 25, 2021
Sold by
Brady Brett and Brady Kailey
Bought by
Milinkovic Peter and Milinkovic Terri Lynn
Seller's Agent
Carrie Johnston
Taylor Realty Associates
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
Sold Price
$350,000
Current Estimated Value
$456,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,448
Avg. Annual Appreciation
5.10%
Original Mortgage
$350,000
Outstanding Balance
$320,312
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$109,229

Purchase Details

Closed on
Mar 31, 2009
Sold by
Fitch Judith A
Bought by
Jamison Matthew T and Hedrick Tina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,594
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2005
Sold by
Tucker Owen J and Tucker Laura J
Bought by
Fitch Vernon W and Fitch Judith A

Purchase Details

Closed on
Dec 31, 2003
Sold by
Tucker Owen J and Tucker Laura J
Bought by
Tucker Owen J and Tucker Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.88%
Mortgage Type
Unknown
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
Milinkovic Peter $350,000 None Available
Jamison Matthew T $188,000 None Available
Fitch Vernon W $180,000 --
Tucker Owen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milinkovic Peter $350,000
Previous Owner Herring Kailey $184,000
Previous Owner Brady Brett $174,250
Previous Owner Jamison Matthew T $184,594
Previous Owner Tucker Owen J $125,000
Previous Owner Tucker Owen J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $350,000 0.0% $146 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale -- -- --
05/03/2021 05/03/21 For Sale $349,900 -- $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 $6,208 $103,540 $27,840 $75,700
2023 $6,208 $93,790 $25,220 $68,570
2022 $6,208 $86,760 $23,330 $63,430
2021 $2,549 $83,110 $22,350 $60,760
2020 $5,310 $79,990 $21,510 $58,480
2019 $5,261 $79,990 $21,510 $58,480
2018 $5,059 $77,430 $20,820 $56,610
2017 $5,080 $77,430 $20,820 $56,610
2016 $4,657 $71,170 $19,140 $52,030
2015 $4,557 $69,500 $18,690 $50,810
2014 $4,423 $68,010 $18,290 $49,720
2013 $4,416 $68,010 $18,290 $49,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11074338

Midwest Real Estate Data (MRED)

APN: 16-07-36-351-008