NOT LISTED FOR SALE

2483 County Road 550 E Dewey, IL 61840

Estimated Value: $502,000 - $639,000

5 Beds
5 Baths
2,347 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $310,000 $132 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,710/month

60 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Attached Garage
  • Main Floor Bedroom
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of December 2014

Beautiful home in 1.73 acres in country subdivision. Living room features 2 story ceiling; large bedrooms, grand entry, first floor master, finished basement is great space with family room, utility room, bedroom, bath, plus a bonus room. This home has a Dewey address, but used a Mahomet address on the listing for search purposes only. Water softener is a rental from Quality Solutions, Cisna Park.

Last Agent to Sell the Property

Scott Bechtel

KELLER WILLIAMS-TREC License #471003745 Listed on: 10/02/2014

KELLER WILLIAMS-TREC

Last Buyer's Agent

Sharlyn Franzen

Champaign County Realty License #475123558

Home Details

Home Type

  • Single Family

Year Built

  • 2010

Lot Details

  • 1.73

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Additional Features

  • North or South Exposure
  • Patio
  • Cul-De-Sac

Listing and Financial Details

  • $250 Seller Concession

Home Details

Home Type

Single Family

Year Built

2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4.1
  • Total Sq Ft: 2347
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2010

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Vaulted/Cathedral Ceilings
  • Living Room: Dimensions: 18.2, On Level: Main Level, Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
  • Equipment: Sump Pump
  • Fireplace Details: Gas Logs
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12 X, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17 X, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Walk In Closet
  • Master Bedroom: Dimensions: 16 X, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 16 X, Flooring: Carpet
  • Bedroom 2: Dimensions: 21 X, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 16 X, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12 X, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2347
  • Estimated Total Finished Sq Ft: 3597
  • Basement Sq Ft: 1401
  • Basement Finished Sq Ft: 1250
  • Main Level Sq Ft: 1401
  • Upper Level Sq Ft: 946
  • Existing Basement Foundation: Yes
  • Dining Room Type: Separate
  • Family Room: Dimensions: 30 X, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio
  • Exposure: N (North)
  • Acreage: 1.73

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 3

Utilities

  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Propane, Forced Air

Schools

  • Junior High Dist: CUSD

Lot Info

  • Lot Dimensions: 53X55X250X470X455
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 160736126015

Tax Info

  • Taxes: 6168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Scheiding Kathryn L and Scheiding Wyatt A
Bought by
Kathryn L Scheiding Living Trust and Wyatt A Scheiding Living Trust
Current Estimated Value
$564,544

Purchase Details

Closed on
Feb 15, 2017
Sold by
Dodge N P
Bought by
Scheidine Wyatt A and Scheidine Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,704,085
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2017
Sold by
Carber Todd L and Carber Revkah L
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,704,085
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2011
Sold by
Summerfield Land Company Llc
Bought by
Farmland Reserve Inc

Purchase Details

Closed on
Aug 4, 2008
Sold by
Summerfield Land Co Llc
Bought by
Rasche Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kathryn L Scheiding Living Trust -- None Listed On Document
Scheidine Wyatt A $390,000 None Available
Dodge N P $390,000 None Available
Farmland Reserve Inc $285,000 None Available
Rasche Homes Inc $69,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheidine Wyatt A $3,704,085
Previous Owner Rasche Homes Inc $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2014 12/22/14 Sold $310,000 -3.1% $132 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $320,000 -- $136 / 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 $9,449 $141,190 $33,890 $107,300
2023 $8,662 $127,890 $30,700 $97,190
2022 $8,040 $118,310 $28,400 $89,910
2021 $7,696 $113,320 $27,200 $86,120
2020 $7,401 $109,070 $26,180 $82,890
2019 $7,332 $109,070 $26,180 $82,890
2018 $7,057 $105,580 $25,340 $80,240
2017 $7,086 $105,580 $25,340 $80,240
2016 $6,509 $97,040 $23,290 $73,750
2015 $5,923 $88,470 $22,740 $65,730
2014 $6,178 $86,560 $22,250 $64,310
2013 $6,168 $86,560 $22,250 $64,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09438330

Midwest Real Estate Data (MRED)

APN: 16-07-36-126-015