NOT LISTED FOR SALE

480 Norman Dr Groveland, IL 61535

Estimated Value: $344,000 - $366,000

3 Beds
2 Baths
3,545 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $250,000 $71 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,395/month

Highlights

  • Deck
  • Cathedral Ceiling
  • Garage
  • Morton High School Rated A-
  • Ceiling Fan

About This Home

As of June 2020

Quality built! Immaculate and move in ready! Beautiful setting! 1.5 story home features 3 bedrooms and 2 full baths. The spacious great room boasts a stunning vaulted ceiling with tongue and groove ceiling boards and a floor to ceiling stone fireplace. Kitchen features custom Roecker cabinets and quartz counter tops. Pella windows. Slider to deck from informal dining area - perfect for entertaining. Gorgeous custom built stair railing leads you to the upstairs - and what a view from the open balcony to great room! Upstairs bedrooms have cedar walk in closets. Finished basement complete with a fireplace, family room, office/hobby room, and laundry area. Abundance of storage! Over sized 2 car garage. Annual HOA fee includes access to Northern Oaks and Grand Oaks lake, beaches and clubhouse.

Last Agent to Sell the Property

Michelle Bennett

RE/MAX Traders Unlimited License #475120635 Listed on: 05/12/2020

RE/MAX Traders Unlimited

Last Buyer's Agent

Mary Ann Ladendorf

RE/MAX Traders Unlimited License #475099545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1980

Lot Details

  • 0.61

Parking

  • Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Association fees include clubhouse, lake rights

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,255

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: Sec 27 T25N R4W Grand Oaks Est Sec 2 Lot 15 NW 1/4
  • Lvt Date: 05/12/2020
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Fireplace: Family Room, Gas Lighter, Great Room, Wood Burning
  • Interior Amenities: Cable Tv Available, Ceilings/Cath/Vault/Tray, Blinds, Ceiling Fan
  • Number Fireplaces: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 14x11, On Level: Main, Flooring: Carpet
  • Basement Foundation: Concrete, Finished, Full, Poured
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11x15, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x15, On Level: Upper, Flooring: Carpet
  • Den: Dimensions: 25x11, On Level: Basement, Flooring: Carpet
  • Family Room: Dimensions: 36x23, On Level: Basement, Flooring: Carpet
  • Formal Dining Room: Dimensions: 13x11, On Level: Main, Flooring: Carpet
  • Great Room: Dimensions: 25x20, On Level: Main, Flooring: Carpet
  • Informal Dining Room: On Level: Main, Flooring: Hardwood
  • Kitchen: Dimensions: 22x11, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining Formal, Dining Informal, Pantry
  • Laundry: Dimensions: 11x11, On Level: Basement, Flooring: Other
  • Basement Finished Sq Ft: 1400
  • Total Basement Sq Ft: 1521
  • Price Per Sq Ft: 116.55
  • Finished Sq Ft: 3545
  • Total Sq Ft: 2145
  • Finished Main Level Sq Ft: 1521
  • Upper Level Finished Sq Ft: 624

Exterior Features

  • Exterior: Brick
  • Exterior Amenities: Deck
  • Road Access: Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached, Oversized
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air, Whole House Fan
  • Water Sewer: Public Water, Septic System

Condo/Co-op/Association

  • HOA Fee Includes: Clubhouse, Lake Rights
  • Association Annual Fee: 300
  • Annual Mandatory Association: Yes

Lot Info

  • Estimated Lot Size: 150x175
  • Lot Description: Level
  • Subdivision: Grand Oak
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 5255.28
  • Parcel Id Number Tax Id: 05-05-27-106-010
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2019

MLS Schools

  • High School School District: Morton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 5, 2020
Sold by
Hounshell William H and Hounshell Carolyn W
Bought by
Milroy Michael J and Milroy Brittany
Seller's Agent
Michelle Bennett
RE/MAX Traders Unlimited
Buyer's Agent
Mary Ann Ladendorf
RE/MAX Traders Unlimited
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$356,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,102
Avg. Annual Appreciation
6.74%
Original Mortgage
$220,000
Outstanding Balance
$195,013
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$161,089
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
Milroy Michael J $250,000 Hometown Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milroy Michael J $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $250,000 -3.8% $71 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $260,000 -- $73 / Sq Ft
Source: RMLS Alliance

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 $6,250 $102,560 $18,440 $84,120
2023 $6,250 $94,160 $16,930 $77,230
2022 $6,039 $87,100 $15,660 $71,440
2021 $5,784 $83,750 $15,060 $68,690
2020 $5,266 $83,750 $15,060 $68,690
2019 $5,255 $83,750 $15,060 $68,690
2018 $5,158 $83,750 $15,060 $68,690
2017 $4,952 $80,120 $14,590 $65,530
2016 $4,898 $80,120 $14,590 $65,530
2015 $4,728 $0 $0 $0
2013 $4,683 $80,120 $14,590 $65,530
Source: Public Records

Agents Affiliated with this Home

  • Michelle Bennett

    Seller's Agent in 2020

    Michelle Bennett

    RE/MAX

    (804) 512-4303

    207 Total Sales

    Michelle Bennett
    Section Image

  • M

    Buyer's Agent in 2020

    Mary Ann Ladendorf

    RE/MAX

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAPA1214975

RMLS Alliance

APN: 05-05-27-106-010

Illinois Tazewell County Groveland 61535

480 Norman Dr, Groveland, IL

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