NOT LISTED FOR SALE

502 E Elk Dr Mahomet, IL 61853

Estimated Value: $394,000 - $460,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

About This Home

This home is located at 502 E Elk Dr, Mahomet, IL 61853 and is currently estimated at $419,836. 502 E Elk Dr is a home located in Champaign County with nearby schools including Middletown Prairie Elementary and First School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Petrilli Amy L
Bought by
Petrilli Thomas P
Current Estimated Value
$419,836

Purchase Details

Closed on
May 18, 2012
Sold by
M O B B Llc
Bought by
Petrilli Thomas P and Petrilli Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Country Ridge Investors Llc
Bought by
M O B B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,915
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 19, 2009
Sold by
Anderson Steven W and Anderson Patricia K
Bought by
Country Ridge Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,875
Interest Rate
5.28%
Mortgage Type
Future Advance Clause Open End Mortgage
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.

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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.

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First American

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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.

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Average Value
Not Available
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
Petrilli Thomas P -- None Available
Petrilli Thomas P $252,000 First Community Title
M O B B Llc $49,500 Frontier Title Co
Country Ridge Investors Llc $821,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrilli Thomas P $228,000
Open Petrilli Thomas P $1,500,000
Closed Petrilli Thomas P $225,000
Previous Owner M O B B Llc $220,915
Previous Owner Country Ridge Investors Llc $655,875
Source: Public Records

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 $8,185 $120,360 $23,460 $96,900
2023 $8,185 $109,420 $21,330 $88,090
2022 $7,592 $100,850 $19,660 $81,190
2021 $7,196 $95,320 $18,580 $76,740
2020 $7,068 $93,730 $18,270 $75,460
2019 $6,891 $92,250 $17,980 $74,270
2018 $6,696 $90,260 $17,590 $72,670
2017 $6,433 $85,960 $16,750 $69,210
2016 $6,401 $85,960 $16,750 $69,210
2015 $6,442 $85,960 $16,750 $69,210
2014 $6,302 $84,520 $16,470 $68,050
2013 $6,291 $84,520 $16,470 $68,050
Source: Public Records

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