NOT LISTED FOR SALE

485 Basswood Ln Normal, IL 61761

Estimated Value: $267,000 - $297,000

3 Beds
3 Baths
1,536 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $168,500 $110 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,996/month

9 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Traditional Architecture
  • Normal Community High School Rated A-
  • Vaulted Ceiling
  • Porch

About This Home

As of June 2016

This home has a great layout for entertaining. There is a nice sized kitchen, with newer stainless appliances, that opens into the eat-in area and family room. For those more formal dinners, there is a nice sized dining room. The master bedroom has two closets, great full bath and vaulted ceilings, making it feel grand. The outside yard is large and you are just a short walk down to the heated community pool. This is an amazing value for all of the amenities that are offered.

Last Agent to Sell the Property

Chet Boyle

RE/MAX Rising License #475157821 Listed on: 04/01/2016

Last Buyer's Agent

Dotty Mitchell

BHHS Central Illinois, REALTORS

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,306

Year Built

  • 2005

Lot Details

  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $15 per month

Parking

  • Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • $405 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,306

Year Built

2005

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1536
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Total Sq Ft: 2322
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Walk-In Closet(s)
  • Number Of Rooms: 6
  • Appliances: Dishwasher, Refrigerator, Oven/Range, Microwave
  • Equipment: Ceiling Fan
  • Fireplace Details: Gas Logs, Attached Fireplace Doors/Screen
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X5, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 15X20, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1536
  • Estimated Total Finished Sq Ft: 1536
  • Basement Sq Ft: 786
  • Main Level Sq Ft: 786
  • Upper Level Sq Ft: 750
  • Family Room: Dimensions: 13X16, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio, Porch

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 180

Schools

  • School District: 5
  • Elementary School: FAIRVIEW ELEMENTARY
  • Middle School: CHIDDIX JR HIGH
  • High School: NORMAL COMMUNITY HIGH SCHOOL
  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 63X105
  • Lot Description: Mature Trees, Landscaped Professionally
  • Parcel Identification Number: 1422152016
  • BNAR Zoning: R1C

Tax Info

  • Taxes: 4411.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 14, 2016
Sold by
Doughty Scott W and Doughty Angela D
Bought by
Wilcox Matthew C and Wilcox Caitlin Z
Seller's Agent
Chet Boyle
RE/MAX Rising
Buyer's Agent
Dotty Mitchell
BHHS Central Illinois, REALTORS
List Price
$169,900
Sold Price
$168,500
Premium/Discount to List
-$1,400
-0.82%
Current Estimated Value
$281,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,696
Avg. Annual Appreciation
5.56%
Original Mortgage
$160,075
Outstanding Balance
$127,117
Interest Rate
3.25%
Estimated Equity
$149,587

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jul 14, 2015
Sold by
Reinmann Dustin J and Reinmann Sarah
Bought by
Doughty W Scott and Doughty Angela D
Seller's Agent
Noelle Burns
RE/MAX Rising
Buyer's Agent
Mike Hutson
RE/MAX Rising
List Price
$179,900
Sold Price
$165,500
Premium/Discount to List
-$14,400
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$132,400
Interest Rate
3.75%

Purchase Details

Closed on
Mar 3, 2013
Sold by
Armstrong Builders Inc
Bought by
Reinmann Dustin J and Reinmann Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2013
Sold by
Scott James C and Scott Kelly A
Bought by
Armstrong Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Scott Kelly A and Scott James C
Bought by
Scott James C and Scott Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,289
Interest Rate
4.86%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Web Construction Co
Bought by
Leese Kelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
5.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 7, 2005
Sold by
Pinehurst Development Inc
Bought by
Web Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.89%
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
Wilcox Matthew C $168,500 Alliance Land Title
Doughty W Scott $165,500 Frontier Title Co
Reinmann Dustin J $170,000 Mclean County Title
Armstrong Builders Inc $175,000 Mclean County Title
Scott James C -- Transtar National Title
Leese Kelley A -- None Available
Web Construction Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Matthew C $160,075
Previous Owner Doughty W Scott $132,400
Previous Owner Reinmann Dustin J $166,920
Previous Owner Scott James C $181,289
Previous Owner Robbins Harry William $84,900
Previous Owner Leese Kelley A $34,400
Previous Owner Leese Kelley A $137,600
Previous Owner Web Construction Co $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $168,500 -0.8% $110 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $169,900 +2.7% $111 / Sq Ft
07/15/2015 07/15/15 Sold $165,500 -8.0% $108 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $179,900 -- $117 / 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 $5,306 $80,438 $16,620 $63,818
2022 $5,306 $65,070 $13,445 $51,625
2021 $5,094 $61,392 $12,685 $48,707
2020 $5,060 $60,754 $12,553 $48,201
2019 $4,886 $60,428 $12,486 $47,942
2018 $4,826 $59,788 $12,354 $47,434
2017 $4,654 $59,788 $12,354 $47,434
2016 $4,604 $59,788 $12,354 $47,434
2015 $4,467 $58,386 $12,064 $46,322
2014 $4,411 $58,386 $12,064 $46,322
2013 -- $58,386 $12,064 $46,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10193561

Midwest Real Estate Data (MRED)

APN: 14-22-152-016