NOT LISTED FOR SALE

502 S Jeffery Dr Mahomet, IL 61853

Estimated Value: $364,000 - $398,000

5 Beds
3.5 Baths
3,061 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $327,520 $107 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,762/month

64 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Fenced Yard
  • Main Floor Bedroom
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of November 2023

Nothing to do but move in and enjoy this beautiful home in Sandy Ridge Subdivision offering five bedrooms, two and a half baths & is perfect for a growing family. The split bedroom floorplan includes a formal dining room, large eat-in kitchen & family room all centered around a living room with a gas log fireplace. 9' ceilings throughout and 12' ceilings in the dining room and foyer, plus gorgeous hardwood flooring in all bedrooms and the family room. The first-floor primary suite has a large walk-in closet and a full ensuite bath with dual sinks. The quiet family room includes a second fireplace and access to the covered deck and patio. Your guests will enjoy the privacy of the 2nd-floor bedroom suite with a private full bath. The covered deck and patio, overlooking the fenced-in backyard and the Water Tower Park, will quickly become your favorite spot to unwind from the day or gather with friends & family. Don't miss this one, call today to schedule your private showing!

Last Agent to Sell the Property

Craig Buchanan

RE/MAX REALTY ASSOCIATES-CHA License #475128118 Listed on: 08/22/2023

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Alisa DeMarco

Coldwell Banker R.E. Group License #475180310

Coldwell Banker R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,905

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90x150
  • Fenced Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 3,061 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

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

Community Details

  • Sandy Ridge Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,905

Year Built

Built in 1996

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Sandy Ridge
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 250 SANDY RIDGE SUB NO 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 3061
  • Room Type: Bedroom 5, Eating Area
  • Estimated Total Finished Sq Ft: 3061
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3061
  • Basement Sq Ft: 0
  • Total Sq Ft: 3061
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 493
  • Main Level Sq Ft: 2568
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 325000
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick,Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

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 Size Acres: 0.31
  • Lot Dimensions: 90X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 7904.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 17, 2023
Sold by
Holmes Heather L
Bought by
Miranda Joselito Erasmo and Miranda Claudia
Seller's Agent
Craig Buchanan
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Alisa DeMarco
Coldwell Banker R.E. Group
List Price
$325,000
Sold Price
$327,520
Premium/Discount to List
$2,520
0.78%
Views
165
Current Estimated Value
$372,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,037
Avg. Annual Appreciation
10.43%
Original Mortgage
$321,586
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2016
Closed on
Jul 15, 2016
Sold by
Malaise Rene E and Malaise Lana K
Bought by
Holmes Jeremy L and Holmes Heather L
Seller's Agent
Bill Craig
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Tynan Cain
eXp Realty-Schaumburg
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$256,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Miranda Joselito Erasmo $328,000 None Listed On Document
Holmes Jeremy L $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Joselito Erasmo $323,352
Closed Miranda Joselito Erasmo $321,586
Previous Owner Holmes Jeremy L $256,500
Previous Owner Malaise Rene E $171,000
Previous Owner Malaise Rene E $25,000
Previous Owner Malaise Rene E $153,750
Previous Owner Malaise Rene E $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $327,520 +0.8% $107 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $325,000 0.0% $106 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $325,000 -3.0% $106 / Sq Ft
08/31/2023 08/31/23 Price Changed $335,000 -6.9% $109 / Sq Ft
08/22/2023 08/22/23 For Sale $359,900 +33.3% $118 / Sq Ft
07/15/2016 07/15/16 Sold $270,000 -1.8% $85 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $274,900 -- $86 / 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 $8,521 $125,030 $18,580 $106,450
2023 $8,521 $113,660 $16,890 $96,770
2022 $7,905 $104,760 $15,570 $89,190
2021 $7,494 $99,020 $14,720 $84,300
2020 $7,361 $97,360 $14,470 $82,890
2019 $7,176 $95,820 $14,240 $81,580
2018 $6,973 $93,750 $13,930 $79,820
2017 $5,091 $89,290 $13,270 $76,020
2016 $5,066 $89,290 $13,270 $76,020
2015 $5,098 $89,290 $13,270 $76,020
2014 $4,959 $87,800 $13,050 $74,750
2013 $4,951 $67,790 $13,050 $54,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11855875

Midwest Real Estate Data (MRED)

APN: 15-13-14-308-010