NOT LISTED FOR SALE

3940 E 550th Rd Mendota, IL 61342

Estimated Value: $320,000 - $362,084

3 Beds
2 Baths
1,550 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $300,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,188/month

31 Days on Market

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • Formal Dining Room
  • Deck
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of March 2023

This is the place that checks the boxes of many! Built in 2005, this one owner, 1550 square foot 3 bedroom home is perfect for the family, the down sizers, country living, simplifiers, or whatever you need! The list of greats is many! Starting outside - big long concrete driveway, fenced in backyard, 32' x 32' shed with concrete floor and 2 overhead doors, Generac whole house generator, 3 acres to enjoy! The home features include -open floor plan with vaulted ceilings, dinning area, breakfast bar, breakfast area, main level laundry, master bath with like new jacuzzi tub, separate shower, double vanities, his and her closets. The full, look out basement is roughed in and ready for a bathroom and is ready to be finished to your liking! Come and check out his great home and property today!

Last Agent to Sell the Property

Nathan Gudmunson

Coldwell Banker Real Estate Group License #475185944 Listed on: 12/15/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Becky McPheeters

Town & Country Realty Sales

Town & Country Realty Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 2005

Lot Details

  • 3.03 Acre Lot
  • Lot Dimensions are 200 x 675
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Panel Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Sub-Basement
  • Rough-In Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Lincoln Elementary School
  • Northbrook Middle School
  • Mendota Twp High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator
  • Well
  • Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,170

Year Built

Built in 2005

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: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Water Purifier Owned, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), First Floor Bedroom, First Floor Laundry, Walk-In Closet(s), Some Carpeting
  • LivingArea: 1550
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump, Generator, Water Heater-Gas
  • Room Type: Deck
  • Estimated Total Finished Sq Ft: 1550
  • Assessed Sq Ft: 1550
  • Basement Description: Unfinished,Sub-Basement,Bathroom Rough-In,Egress Window
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1550
  • Basement Sq Ft: 1550
  • Fireplace Location: Living Room
  • Total Sq Ft: 4650
  • Unfinished Basement Sq Ft: 1550
  • Main Level Sq Ft: 1550
  • Door Features: Panel Door(s)
  • Window Features: Blinds,Window Treatments
  • Unfinished Lower Sq Ft: 1550
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Workshop
  • Foundation Details: Concrete Perimeter
  • List Price: 314900
  • Lot Features: Fenced Yard, Horses Allowed
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Mendota Twp High School
  • Middle/Junior School: Northbrook School
  • Middle/Junior School District: 289

Lot Info

  • Lot Size Acres: 3.03
  • Lot Dimensions: 200 X 675
  • Rural (Y/N): Y
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4169.96
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 15, 2023
Sold by
Coleman James S A and Coleman Sarah L
Bought by
Guerrero Jacob and Guerrero Alysa
Seller's Agent
Nathan Gudmunson
Coldwell Banker Real Estate Group
Buyer's Agent
Becky McPheeters
Town & Country Realty Sales
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Views
169
Current Estimated Value
$337,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,521
Avg. Annual Appreciation
2.34%
Original Mortgage
$240,000
Outstanding Balance
$233,561
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$84,803

Purchase Details

Closed on
Nov 8, 2007
Sold by
Jones Donald and Jones Paulette
Bought by
Coleman James and Coleman Sarali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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
Guerrero Jacob $300,000 None Available
Coleman James $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Jacob $240,000
Previous Owner Coleman James $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $300,000 -4.7% $194 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
01/15/2023 01/15/23 Price Changed $314,900 -6.0% $203 / Sq Ft
01/06/2023 01/06/23 Price Changed $334,900 -4.3% $216 / Sq Ft
12/16/2022 12/16/22 For Sale $350,000 -- $226 / 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 $4,874 $78,775 $17,274 $61,501
2023 $4,301 $69,040 $15,139 $53,901
2022 $4,239 $72,650 $18,749 $53,901
2021 $4,170 $70,961 $18,313 $52,648
2020 $4,060 $70,961 $18,313 $52,648
2019 $3,940 $68,787 $17,752 $51,035
2018 $3,938 $64,888 $16,746 $48,142
2017 $4,137 $66,192 $17,083 $49,109
2016 $4,213 $67,440 $17,405 $50,035
2015 $4,034 $64,716 $16,702 $48,014
2012 -- $60,698 $15,665 $45,033
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11688697

Midwest Real Estate Data (MRED)

APN: 06-13-431000