NOT LISTED FOR SALE

406 E Franklin St Mahomet, IL 61853

Estimated Value: $207,000 - $234,421

6 Beds
4 Baths
1,230 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $215,000 $175 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,501/month

About This Home

As of February 2024

Sold at list

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 01/11/2024

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 01/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1992

Lot Details

  • 0.25

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

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

Additional Features

  • Lot Dimensions are 66x165
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,699

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 22 HAWE'S, C.C., ADD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2

Exterior Features

  • List Price: 215000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 66X165
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2698.88
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 6, 2024
Sold by
Heath Travis and Heath Amanda
Bought by
Jhcs Properties Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$215,000
Sold Price
$215,000
Views
3
Current Estimated Value
$225,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,355
Avg. Annual Appreciation
3.34%
Original Mortgage
$125,000
Outstanding Balance
$101,314
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$123,443

Purchase Details

Closed on
Oct 2, 2020
Sold by
Newcomb Investments Llc
Bought by
Heath Travis and Heath Amanda

Purchase Details

Closed on
May 1, 2018
Sold by
Heath Travis J
Bought by
Newcomb Investmens Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2016
Sold by
Drmr Properties Llc
Bought by
Heath Travis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2015
Sold by
Wilberg Richard W and Wilberg Danielle M
Bought by
Drmr Properties Llc Series Franklin

Purchase Details

Closed on
Jul 30, 2010
Sold by
Taylor Russell H and Taylor Richard W
Bought by
Wilberg Richard W and Wilberg Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,875
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Jhcs Properties Llc $215,000 None Listed On Document
Heath Travis -- Attorney
Newcomb Investmens Llc -- Attorney
Heath Travis J $114,500 None Available
Drmr Properties Llc Series Franklin -- Attorney
Wilberg Richard W $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jhcs Properties Llc $125,000
Open Jhcs Properties Llc $182,750
Previous Owner Newcomb Investments Llc $440,000
Previous Owner Heath Travis $114,171
Previous Owner Newcomb Investments Llc $288,500
Previous Owner Travis Heath Maanda Heath Llc $710,000
Previous Owner Heath Travis J $119,000
Previous Owner Wilberg Richard W $73,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $215,000 0.0% $175 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $215,000 -- $175 / 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 $2,936 $47,410 $12,180 $35,230
2023 $2,936 $43,100 $11,070 $32,030
2022 $2,699 $39,720 $10,200 $29,520
2021 $2,541 $37,540 $9,640 $27,900
2020 $2,490 $36,910 $9,480 $27,430
2019 $2,423 $36,330 $9,330 $27,000
2018 $2,348 $35,550 $9,130 $26,420
2017 $2,241 $33,850 $8,690 $25,160
2016 $2,710 $33,850 $8,690 $25,160
2015 $2,191 $33,850 $8,690 $25,160
2014 $2,182 $33,190 $8,520 $24,670
2013 $2,659 $33,190 $8,520 $24,670
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2024

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 493-5068

    2,386 Total Sales

    Ryan Dallas
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981070

Midwest Real Estate Data (MRED)

APN: 15-13-15-176-024

Illinois Champaign County Mahomet 61853

406 E Franklin St, Mahomet, IL

This home is located at 406 E Franklin St, Mahomet, IL 61853 since 11 January 2024 and is currently estimated at $225,355, approximately $183 per square foot. This property was built in 1992. 406 E Franklin St is a home located in Champaign County with nearby schools including Middletown Prairie Elementary, First School, and Mahomet Christian School.

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