Seller's Agent in 2021
Russ Taylor
Taylor Realty Associates
(217) 898-7226
557 Total Sales
2471 County Road 550 E Dewey, IL 61840
Estimated Value: $596,000 - $687,116
4
Beds
4
Baths
2,463
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Formal Dining Room
- Attached Garage
About This Home
As of October 2021Beautifully remodeled 2-story brick home sitting on 19.46 acres at the end of a quarter mile black topped lane. Situated in a grove of mature oak trees overlooking the Sangamon River this remodeled house includes new HVAC with heat pump, gas water heater, windows and kitchen appliances, as well as bathroom updates. Abundant with natural light, solid oak hardwood and tile floors throughout. The first floor offers gracious living space with a living room and family room with a fireplace, an open kitchen, an office that is perfect for work-from-home or as an added bedroom, an oversized laundry room and 1/2 bath. The second floor boasts a master bedroom with ensuite bath, multiple closets and a balcony that spans the entire length of the house and provides a beautiful view of the property (perfect for that morning cup of coffee). Additionally on the second floor, there are two more bedrooms with ample storage closets, a reading nook, and a hall bath with dual vanities. Other highlights include a 3-season room, floor to ceiling windows, a spacious deck, a full basement that is wired and ready for your personal touch, and oversized 2-car attached complete with a 3/4 bath. There is a 30x45 foot barn that has electricity, 3 box stalls and is tall enough for RV storage. The property, which has water front on two sides, give lots of opportunities for fishing, wildlife viewing, entertaining, bonfires, mushroom hunting, snowmobiling, atv riding, hiking, etc. all in your own private woods. Finally, for agriculturists, the 6.5 tillable acres will bring out the farmer in you (the current tenants have the rights to the 2021 crop). This special property sits 10 miles outside of Champaign-Urbana and in located in the Mahomet-Seymour school district. *Freshly painted garage, and brand new water heater as of 8/2/21*
Last Agent to Sell the Property
Taylor Realty Associates License #471001422 Listed on: 08/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,200
Lot Details
- 19.46
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,463 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Formal Dining Room
- Unfinished Basement
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2021
Closed on
Oct 15, 2021
Sold by
Oman Kathleen S and Lawle Harold B
Bought by
Gergen Mark and Gergen Amanda
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Rick Wilberg
eXp Realty-Champaign
List Price
$529,900
Sold Price
$498,000
Premium/Discount to List
-$31,900
-6.02%
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
$141,372
Avg. Annual Appreciation
2.14%
Original Mortgage
$398,400
Outstanding Balance
$271,439
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$268,998
Purchase Details
Closed on
Jun 19, 2008
Sold by
Lawler Harold B and Lawler Mary Ellen
Bought by
Lawler Harold B and Lawler Mary Ellen
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gergen Mark | $498,000 | Attorney | |
| Lawler Harold B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gergen Mark | $398,400 | |
| Previous Owner | Oman Kathleen | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $498,000 | -6.0% | $202 / Sq Ft |
| 08/29/2021 08/29/21 | Pending | -- | -- | -- |
| 08/29/2021 08/29/21 | For Sale | $529,900 | -- | $215 / 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 | $9,200 | $168,370 | $13,040 | $155,330 |
| 2023 | $9,200 | $152,570 | $11,700 | $140,870 |
| 2022 | $8,543 | $124,850 | $10,690 | $114,160 |
| 2021 | $8,169 | $119,430 | $10,010 | $109,420 |
| 2020 | $7,847 | $114,800 | $9,420 | $105,380 |
| 2019 | $7,756 | $114,530 | $9,150 | $105,380 |
| 2018 | $7,460 | $110,780 | $8,710 | $102,070 |
| 2017 | $7,478 | $110,600 | $8,530 | $102,070 |
| 2016 | $6,881 | $101,750 | $7,790 | $93,960 |
| 2015 | $6,733 | $99,270 | $7,470 | $91,800 |
| 2014 | $6,180 | $97,100 | $7,240 | $89,860 |
| 2013 | $6,166 | $97,040 | $7,180 | $89,860 |
Source: Public Records
Agents Affiliated with this Home
-
Russ Taylor
-
Rick Wilberg
Buyer's Agent in 2021
Rick Wilberg
eXp Realty-Champaign
(217) 202-5281
213 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11203931
APN: 16-07-36-105-002
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