407 S Spring Lake Rd Mahomet, IL 61853
Estimated Value: $258,000 - $293,000
3
Beds
2
Baths
2,214
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Attached Garage
- Patio
- Baseboard Heating
- Breakfast Bar
- Dry Bar
- Wood Burning Fireplace
About This Home
As of July 2016What a fabulous and rare find! Nicely tucked away under a mature canopy of trees sits your own 2,214 square foot home on a 5 acre private lake. This home has been beautifully updated and offers multiple living spaces. A new roof in 2005, siding and windows in 2004, an expanded kitchen for cooking and entertaining, and much more. All bedrooms are generously sized, as well as the bathrooms. The 155 foot deep lot gives you a great setback off the property as well as fabulous lake views and western sunsets. If you pay attention to the Mahomet market these lake properties do not come up often, so don't miss your chance. Property also offers a 12 x 20 outbuilding and garden shed.
Last Agent to Sell the Property
eXp Realty-Mahomet License #475124281 Listed on: 02/29/2016
Last Buyer's Agent
Cheryl Mumm
BRONZE KEY REALTY License #475129572
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,767
Year Built
- 1975
Lot Details
- 0.5
HOA Fees
- $29 per month
Parking
- Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- Dry Bar
- Wood Burning Fireplace
Kitchen
- Breakfast Bar
- Cooktop with Range Hood
- Dishwasher
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiant Heating System
- Baseboard Heating
- Well
- Mechanical Septic System
Additional Features
- Patio
- East or West Exposure
Listing and Financial Details
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2016
Closed on
Jul 22, 2016
Sold by
Sparrow William D
Bought by
Wegrzyn Emily Marie
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Cheryl Mumm
BRONZE KEY REALTY
List Price
$180,000
Sold Price
$175,430
Premium/Discount to List
-$4,570
-2.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,658
Avg. Annual Appreciation
4.97%
Original Mortgage
$175,430
Interest Rate
3.54%
Mortgage Type
VA
Similar Homes in Mahomet, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wegrzyn Emily Marie | $175,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wegreyn Emily Marie | $224,600 | |
| Closed | Wegrzyn Emily Marie | $164,730 | |
| Closed | Wegrzyn Emily Marie | $164,730 | |
| Closed | Wegrzyn Emily Marie | $175,430 | |
| Previous Owner | Sparrow Ii William D | $159,600 | |
| Previous Owner | Hart Ernie W | $39,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2016 07/28/16 | Sold | $175,430 | -2.5% | $79 / Sq Ft |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- |
| 02/29/2016 02/29/16 | For Sale | $180,000 | +7.1% | $81 / Sq Ft |
| 07/15/2015 07/15/15 | Sold | $168,000 | -11.5% | $76 / Sq Ft |
| 05/28/2015 05/28/15 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | For Sale | $189,900 | -- | $86 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,767 | $67,690 | $18,210 | $49,480 |
| 2023 | $3,767 | $61,530 | $16,550 | $44,980 |
| 2022 | $3,459 | $56,710 | $15,250 | $41,460 |
| 2021 | $3,252 | $53,600 | $14,410 | $39,190 |
| 2020 | $3,187 | $52,700 | $14,170 | $38,530 |
| 2019 | $3,279 | $51,870 | $13,950 | $37,920 |
| 2018 | $3,004 | $50,750 | $13,650 | $37,100 |
| 2017 | $2,908 | $48,940 | $13,160 | $35,780 |
| 2016 | $3,076 | $48,940 | $13,160 | $35,780 |
| 2015 | $2,611 | $48,940 | $13,160 | $35,780 |
| 2014 | $2,546 | $46,580 | $12,520 | $34,060 |
| 2013 | $2,539 | $46,580 | $12,520 | $34,060 |
Source: Public Records
Agents Affiliated with this Home
-
Nate Evans
Seller's Agent in 2016
Nate Evans
eXp Realty-Mahomet
(217) 493-9297
1,762 Total Sales
-
Buyer's Agent in 2016
Cheryl Mumm
BRONZE KEY REALTY
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09424970
APN: 15-13-17-301-041
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