NOT LISTED FOR SALE

503 Turkey Farm Rd Mahomet, IL 61853

Estimated Value: $364,000 - $384,869

3 Beds
3 Baths
3,224 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $300,000 $93 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,476/month

48 Days on Market

Highlights

  • Formal Dining Room
  • 1-Story Property
  • Senior Tax Exemptions
  • Attached Garage

About This Home

As of October 2021

Welcome home! This extremely well built brick home in Mahomet sits on 3.55 acres and is calling your name! The first floor offers you a kitchen with plenty of cabinet space, a breakfast area with a sliding glass door that leads you to the back deck, a spacious living/ dining room combined with a lot of natural light shining through, a master bedroom with an attached full bathroom with not only 1 closet, but 2! On the first floor you will also find two other nicely sized bedrooms and another full bathroom. The 1,616 square foot walk out basement offers you a large family room perfect for entertaining guests, a 19X10 wet bar area, an office that could also be used as a 4th bedroom, a laundry room, a half bathroom and TONS of storage space. That's not all! Outback you will find a deck where you can sip your morning coffee while enjoying your beautiful country views. This home wont last long! So, don't miss out on this great opportunity. Call us today to schedule a private showing!

Last Agent to Sell the Property

Steve Littlefield

KELLER WILLIAMS-TREC License #475138856 Listed on: 07/13/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • 1974

Lot Details

  • 3.55

Parking

  • Attached Garage
  • Parking Included in Price

Interior Spaces

  • 3,224 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: SEC 08. TWP 20N RNG 7E
  • Directions: Take Rt 150 to Turkey Farm Rd then turn North and the house will be on your left.
  • Lot Size: 676.61 X 251.4
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Range
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 3224
  • Assessed Sq Ft: 1560
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1608
  • Basement Sq Ft: 1616
  • Total Sq Ft: 3224
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1608
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1616
  • Dining Room Type: Breakfast Room, Office, Storage

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Septic-Private
  • Water Source: Private Well

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mahomet Junior High School
  • High School: Mahomet-Seymour High School
  • Junior High Dist: 3
  • Middle Or Junior School: Mahomet Junior High School

Lot Info

  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 4552.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 15, 2021
Sold by
Price Michael and Price Sandra Jo
Bought by
Elliot Andrea
Seller's Agent
Steve Littlefield
KELLER WILLIAMS-TREC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%
Current Estimated Value
$365,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,113
Avg. Annual Appreciation
4.53%
Original Mortgage
$300,000
Interest Rate
3.12%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2011
Sold by
Rueter Sandra Jo
Bought by
Rueter Sandra Jo and Sandra Jor Rueter Declaration Of Trust
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
Elliot Andrea $300,000 Allied Capital Title
Rueter Sandra Jo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Andrea $380,400
Closed Newton Elliott Robert $75,000
Closed Elliott Andrea S $50,000
Closed Elliot Andrea $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $300,000 -11.7% $93 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $339,900 -- $105 / 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 $5,723 $95,200 $25,780 $69,420
2023 $5,723 $86,550 $23,440 $63,110
2022 $5,723 $79,770 $21,600 $58,170
2021 $3,738 $75,400 $20,420 $54,980
2020 $4,552 $74,140 $20,080 $54,060
2019 $4,430 $72,970 $19,760 $53,210
2018 $4,294 $71,390 $19,330 $52,060
2017 $4,098 $67,990 $18,410 $49,580
2016 $4,083 $67,990 $18,410 $49,580
2015 $4,101 $67,990 $18,410 $49,580
2014 $3,872 $65,120 $17,630 $47,490
2013 $3,862 $65,120 $17,630 $47,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11154548

Midwest Real Estate Data (MRED)

APN: 15-13-08-476-011