NOT LISTED FOR SALE

2490 County Road 550 E Dewey, IL 61840

Estimated Value: $1,054,064 - $1,331,000

6 Beds
7 Baths
9,341 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2022

Last sale price $925,000 $99 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,791 / mo

42 Days on Market

Highlights

  • Formal Dining Room
  • Attached Garage
  • Library with Fireplace

About This Home

As of February 2022

Resting against a spectacular wooded backdrop, this breathtaking Colonial Williamsburg Plantation style home has it all and does in style with privacy and tons of space! Beautiful hardwood floors lead throughout the spacious main level, which is filled with a soaring 2-story living room with access to the massive screened sunporch overlooking a pond, woods, and the inground pool with pool house, a stunning gourmet kitchen with wine cooler, new cooktop and huge island, office space off of the kitchen with built-in desk/cabinetry plus a separate den with French doors, walnut built-ins and a cozy fireplace. The mudroom entry from the 4-car attached garage offers ample cabinetry and bench area. The first-floor deluxe master suite also boasts hardwood floors, access to screened porch & a private garden area, and features an unparalleled fully outfitted walk-in closet with your own washer/dryer area and a beautiful ensuite bath. Three additional bedrooms with hardwood floors & their own private baths plus a huge rec/bonus room and tons of attic storage space complete the upper level. The walk-out basement has been recently finished and offers another deluxe master suite with walk-in closet and a spa-like master bath, a huge family/rec room with a kitchenette, a theater room, and tons more storage space. Accessing all levels is made easy with the built-in elevator. You will be anxious for warmer weather so you can enjoy and gather with friends and family around the inground pool and pool house offering a half bath, changing area and great storage. This home is one-of-a-kind and a must-see!

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 10/19/2021

Last Buyer's Agent

Diane Dawson

RE/MAX REALTY ASSOCIATES-CHA License #475126019

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Year Built

  • 2006

Lot Details

  • 3.5

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Interior Spaces

  • 9,341 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Library with Fireplace

Finished Basement

  • Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2006

Lot Details

3.5 Acres

Parking

4

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 202 SUMMERFIELD EAST SUB, REPLAT LOTS 2 AND 3
  • Directions: N on Rt47, E on 2500, S on 550 to home
  • Lot Size: 384X396
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Summerfield Estates
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Has Basement: Walkout
  • Estimated Total Finished Sq Ft: 9341
  • Basement Description: Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Basement,Den/Library
  • Total Sq Ft: 9693
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Dining Room Type: Bedroom 5, Bedroom 6, Den, Bonus Room, Theatre Room

Exterior Features

  • Exterior Features: Porch, Porch Screened, In Ground Pool
  • Exterior Building Type: Cedar
  • Other Structures: Pool House
  • Waterfront: No

Garage/Parking

  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Propane
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 3
  • Middle Or Junior School: Mahomet Junior High School

Lot Info

  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 13210.72
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Feb 22, 2022
Sold by
Bought by
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,176,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,766
Avg. Annual Appreciation
5.65%
Original Mortgage
$740,000
Interest Rate
0.0325%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
0.0425%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,840
Interest Rate
0.0575%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 None Listed On Document
-- --
$30,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $740,000
Previous Owner $180,000
Previous Owner $261,840
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $925,000 0.0% $99 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $925,000 -- $99 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,771 $266,080 $13,540 $252,540
2024 $15,405 $245,910 $12,510 $233,400
2023 $15,405 $222,740 $11,330 $211,410
2022 $14,323 $206,050 $10,480 $195,570
2021 $13,725 $197,370 $10,040 $187,330
2020 $13,211 $189,960 $9,660 $180,300
2019 $13,088 $189,960 $9,660 $180,300
2018 $12,608 $183,890 $9,350 $174,540
2017 $12,660 $183,890 $9,350 $174,540
2016 $11,657 $169,010 $8,590 $160,420
2015 $11,424 $165,050 $8,390 $156,660
2014 $11,099 $161,500 $8,210 $153,290
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263209

Midwest Real Estate Data (MRED)

APN: 16-07-36-200-022

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