NOT LISTED FOR SALE

2518 500 E Mahomet, IL 61853

Estimated Value: $366,000 - $542,783

3 Beds
3.5 Baths
1,779 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $479,900 $270 Per Sq Ft

Current estimated payment $3,266/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Deck
  • Whirlpool Bathtub
  • Mature Trees
  • Ranch Style House
  • Mud Room

About This Home

As of June 2024

Very Unique and Rare Opportunity to find such a meticulously maintained, sprawling ranch home sitting with a full, partially finished walk out basement, perched on 5 beautiful wooded acres. As you pull down your private lane, you are amazed by the beautifully groomed lawn, dense woods that are filled with wildlife, providing natural interaction with deer and more. As you enter the home you will immediately note the abundance of large windows that flood the home with natural light, while offering unsurpassed views from every room in the home. The Chef's Kitchen provides a plethora of cabinets with built in pantry, sliding drawers, soft close door/drawers, stainless steel appliances, quartz countertops and eating bar while opened up to the primary living room and deck, all perfect for entertaining. Improvements include, but not limited to, an architecturally shingled roof, high efficiency heating/cooling system, with whole house humidifier, on demand water heater, lighting, paint, doors, trim, custom closet organizers and renovated custom bathrooms. Don't miss the hall that has a Pure Air Soaker Tub with multi-level electronically controlled jets and built-in lighting system. In the basement you will find a family/theater/game room with flat screen tv, projector and retractable screen, built-in surround sound setup (upstairs as well), two bedrooms and full bathroom. Outside you will find an oversized deck, custom brick patio with built-in firepit and above ground heated swimming pool, all for your enjoyment. There is also a newer shed measuring in at 24ftX32ft with 10ftX10ft overhead, electricity in place, new concrete floor and pad providing many options for hobbyists, collectors, boats, camper, or your off-road vehicles that are ready to go explore your property. Schedule your tour today to view this pristine property for your consideration and you will be glad you did.

Last Agent to Sell the Property

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641 Listed on: 04/08/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641 Listed on: 04/08/2024

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,408

Year Built

  • Built in 1976

Lot Details

  • 5 Acre Lot
  • Mature Trees
  • Wooded Lot

Parking

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

Home Design

  • Ranch Style House

Interior Spaces

  • 1,779 Sq Ft Home
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Whirlpool Bathtub

Finished Basement

  • Partial Basement
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Shared Well
  • Private or Community Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,408

Year Built

Built in 1976

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: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: PART OF SW 1/4 SEC 25 T21N R7E
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Cooktop, Range Hood
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom
  • LivingArea: 1779
  • Other Equipment: TV-Cable, CO Detectors, Sump Pump
  • Room Type: Bedroom 5, Mud Room, Pantry, Foyer
  • Estimated Total Finished Sq Ft: 3307
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: Sqftg from Illini360
  • Total Sq Ft: 3307
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio, Above Ground Pool
  • Lot Features: Wooded, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Propane, Forced Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • 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

Lot Info

  • Lot Size Acres: 5
  • Lot Dimensions: 5.0
  • Rural (Y/N): Y
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 8407.86
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Hedlund Danny and Hedlund Susan
Bought by
Danny J Hedlund And Susan M Hedlund Trust
Current Estimated Value
$480,696

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 23, 2024
Sold by
Williams Brian T and Williams Ericka K
Bought by
Hedlund Danny and Hedlund Susan
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$479,900
Sold Price
$479,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%

Purchase Details

Closed on
Oct 2, 2009
Sold by
Vaughan Jeffrey D and Vaughan Lauren L
Bought by
Williams Brian T and Williams Ericka K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Bosshart Robert J and Bosshart Lucille F
Bought by
Vaughan Jeffrey D and Vaughan Lauren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Danny J Hedlund And Susan M Hedlund Trust -- None Listed On Document
Hedlund Danny $480,000 None Listed On Document
Williams Brian T $299,000 None Available
Vaughan Jeffrey D $215,500 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Brian T $284,050
Previous Owner Vaughan Jeffrey D $240,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $479,900 0.0% $270 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $479,900 -- $270 / 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 $9,062 $151,710 $23,820 $127,890
2023 $9,062 $137,420 $21,580 $115,840
2022 $8,408 $127,120 $19,960 $107,160
2021 $8,037 $121,760 $19,120 $102,640
2020 $7,730 $117,190 $18,400 $98,790
2019 $7,200 $117,190 $18,400 $98,790
2018 $6,947 $107,160 $17,810 $89,350
2017 $6,694 $109,430 $17,810 $91,620
2016 $6,123 $100,580 $16,370 $84,210
2015 $5,984 $98,230 $15,990 $82,240
2014 $5,806 $89,970 $15,650 $74,320
2013 $5,797 $89,970 $15,650 $74,320
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020124

Midwest Real Estate Data (MRED)

APN: 16-07-25-300-013