NOT LISTED FOR SALE

2503 500 E Mahomet, IL 61853

Estimated Value: $254,000 - $324,000

3 Beds
2 Baths
1,540 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $170,000 $110 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,855/month

135 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Detached Garage
  • Recreation Room
  • Ranch Style House
  • Dry Bar

About This Home

As of November 2019

Beautiful Country Home offering 3 Bedrooms, 2 full Baths. The Open Floor Plan offers a nice sized Family Room with Dining area open to the large Kitchen with plenty of Counter space, all appliances included! Vaulted Ceiling with Large built-in Plant Shelf, Family Room with wood burning corner Fireplace. 3 nice sized bedrooms, 2 full baths. Washer & Dryer included. Just outside the Kitchen you will find large Deck with fantastic view of the tree-lined Back Yard and a 3 Car Garage (designed to accommodate a Car Lift) with Concrete pad for parking, 1 bay Finished for entertaining! Be sure to check out the Man Cave/Party Room (19.5 X 30)with baseboard heat, wood look laminate flooring, drywalled, looks amazing! Yard Barn also included. Central A/C & Furnace in 2013. New Asphalt Drive in 2018. Water Softener is rented, Propane by Hicksgas. Private Well & Private Multi-Flow Septic. * 2 Chandeliers not included. Seller offering $1,000 for closing costs with full price offer!!

Last Agent to Sell the Property

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 05/21/2019

Last Buyer's Agent

Brenda Keith

Brenda Keith Realty INC License #471020707

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,313

Year Built

  • 1977

Lot Details

  • Rural Setting
  • East or West Exposure

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Recreation Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Water Softener Leased
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,313

Year Built

1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Special Service Area: T
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1540
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1977
  • Tax Exemptions: Homeowner
  • Rural: Y
  • Total Sq Ft: 1540
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Dry, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Rented
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 30X19, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X8, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1540
  • Estimated Total Finished Sq Ft: 1540
  • Main Level Sq Ft: 1540
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.5

Garage/Parking

  • Number of Cars: 15
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Off Street, Driveway
  • Number Parking Spaces: 12
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt, Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Propane

Condo/Co-op/Association

  • Special Assessments: Y
  • Assessed Sq Ft: 1238

Schools

  • School District: 3
  • Elementary School: Mahomet Elementary School
  • Middle School: Mahomet Junior High School
  • High School: Mahomet-Seymour High School
  • Junior High Dist: 3

Lot Info

  • Lot Dimensions: 109.8 X 200
  • Parcel Identification Number: 160726477006

Tax Info

  • Taxes: 3122.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Nov 1, 2019
Sold by
Reeves Trent A and Reeves Tiffani L
Bought by
Musson Richard E and Musson Robin L
Seller's Agent
Brian Hannon
Taylor Realty Associates
Buyer's Agent
Brenda Keith
Brenda Keith Realty INC
List Price
$209,000
Sold Price
$170,000
Premium/Discount to List
-$39,000
-18.66%
Current Estimated Value
$273,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,203
Avg. Annual Appreciation
7.72%
Original Mortgage
$136,000
Outstanding Balance
$121,152
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$139,771

Purchase Details

Closed on
Jul 20, 2012
Sold by
Porter David W and Porter Cynthia G
Bought by
Reeves Trent A and Reeves Tiffani I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,550
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
Tuthill Jason A and Tuthill Jacqueline J
Bought by
Porter David W and Porter Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.95%
Mortgage Type
Balloon
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
Musson Richard E $170,000 Attorney
Reeves Trent A $154,000 None Available
Porter David W $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musson Richard E $136,000
Previous Owner Reeves Trent A $158,550
Previous Owner Porter David W $94,400
Closed Porter David W $11,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $170,000 -8.1% $110 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $184,900 -4.9% $120 / Sq Ft
08/19/2019 08/19/19 Price Changed $194,500 -2.5% $126 / Sq Ft
07/01/2019 07/01/19 Price Changed $199,500 -3.6% $130 / Sq Ft
06/17/2019 06/17/19 Price Changed $207,000 -1.0% $134 / Sq Ft
05/21/2019 05/21/19 For Sale $209,000 -- $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 $4,313 $66,950 $9,740 $57,210
2023 $4,313 $60,640 $8,820 $51,820
2022 $3,590 $56,100 $8,160 $47,940
2021 $3,427 $53,740 $7,820 $45,920
2020 $3,287 $51,730 $7,530 $44,200
2019 $3,256 $51,730 $7,530 $44,200
2018 $3,127 $50,080 $7,290 $42,790
2017 $3,140 $50,080 $7,290 $42,790
2016 $2,865 $46,030 $6,700 $39,330
2015 $2,800 $44,950 $6,540 $38,410
2014 $2,714 $43,980 $6,400 $37,580
2013 $2,710 $43,980 $6,400 $37,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10388071

Midwest Real Estate Data (MRED)

APN: 16-07-26-477-006