Karen Wilson
Coldwell Banker Real Estate Group
(309) 485-5516
217 Total Sales
2 in Mahomet
$199K - $345K Price Range
505 E State St Mahomet, IL 61853
Mahomet AreaEstimated Value: $210,000 - $224,000
3
Beds
2
Baths
1,565
Sq Ft
$140/Sq Ft
Est. Value
About This Home
As of July 2024Conveniently located on East State Street, this home offers easy access to downtown Mahomet's shops, restaurants, parks, and schools. Enjoy the convenience of small-town living with the amenities of a larger city just blocks away. Brand new furnace and AC installed in 2024, new vinyl plank flooring on 1st level, with a remodeled tile bathroom. Boasting three bedrooms and two bathrooms, this home offers ample living space for families of all sizes. The open floor plan creates a seamless flow between the living areas, perfect for entertaining guests or simply relaxing with loved ones. Laundry room is attached to 1.5 car garage that comes with a new roof. This property has been owner occupied, long term rental, and currently used as Airbnb rental to fit whatever real estate needs interests you. Easy access to major highways and public transportation makes commuting a breeze, whether you're headed to work or exploring the surrounding area. Agent owned.
Last Agent to Sell the Property
eXp Realty-Schaumburg License #475175106 Listed on: 03/06/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,352
Year Renovated
- 2024
Lot Details
- Lot Dimensions are 50x148.5
Parking
- 1 Car Attached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,565 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Mahomet Elementary School
- Mahomet Junior High School
- Mahomet-Seymour High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
Jul 11, 2024
Sold by
Bought by
Seller's Agent
Quentin McNew
eXp Realty-Schaumburg
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$216,000
Sold Price
$192,000
Premium/Discount to List
-$24,000
-11.11%
Views
278
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,343
Avg. Annual Appreciation
6.55%
Original Mortgage
$193,476
Outstanding Balance
$190,375
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$28,968
Purchase Details
Listed on
Mar 6, 2024
Closed on
Jul 9, 2024
Sold by
Bought by
Seller's Agent
Quentin McNew
eXp Realty-Schaumburg
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$216,000
Sold Price
$192,000
Premium/Discount to List
-$24,000
-11.11%
Views
278
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,476
Outstanding Balance
$190,375
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$28,968
Purchase Details
Closed on
May 9, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 10, 2022
Closed on
Mar 23, 2022
Sold by
Bought by
Seller's Agent
Kyle Koester
KELLER WILLIAMS-TREC-MONT
Buyer's Agent
Brandon Moore
RE/MAX REALTY ASSOCIATES-CHA
List Price
$129,000
Sold Price
$153,154
Premium/Discount to List
$24,154
18.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$140,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,020
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 26, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Mahomet, IL
-
Karen Wilson
-
Jake Patterson
Jake Patterson
Realty Select One
(217) 858-3002
137 Total Sales
21 in Mahomet
$56K - $780K Price Range
-
Lindsay Prewitt
Lindsay Prewitt
eXp Realty
(309) 490-8455
217 Total Sales
1 in Mahomet
$379,900 Price
-
Carol Meinhart
Carol Meinhart
Responds QuicklyThe Real Estate Group LLC
(217) 858-4967
768 Total Sales
2 in Mahomet
$192K - $430K Price Range
-
Laura Heiser
Laura Heiser
The Real Estate Group,Inc
(217) 858-3171
203 Total Sales
4 in Mahomet
$265K - $575K Price Range
-
Barb Schwartz
Barb Schwartz
Keller Williams Realty Atl. Partners
(217) 794-6090
89 Total Sales
2 in Mahomet
$283K - $348K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $192,000 | Chicago Title | ||
| -- | None Listed On Document | ||
| $195,000 | None Listed On Document | ||
| $6,000 | Wells & Grabarczyk Pc | ||
| $101,000 | None Available | ||
| $63,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $193,476 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $140,000 | ||
| Previous Owner | $103,020 | ||
| Previous Owner | $73,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2024 07/17/24 | Sold | $192,000 | -7.7% | $123 / Sq Ft | |
| 05/18/2024 05/18/24 | Pending | -- | -- | -- | |
| 03/25/2024 03/25/24 | Price Changed | $208,000 | -3.7% | $133 / Sq Ft | |
| 03/06/2024 03/06/24 | For Sale | $216,000 | +41.0% | $138 / Sq Ft | |
| 03/24/2022 03/24/22 | Sold | $153,154 | +18.7% | $101 / Sq Ft | View Prior Sale |
| 02/13/2022 02/13/22 | Pending | -- | -- | -- | |
| 02/10/2022 02/10/22 | For Sale | $129,000 | +13.2% | $85 / Sq Ft | |
| 10/09/2014 10/09/14 | Sold | $114,000 | -3.0% | $84 / Sq Ft | View Prior Sale |
| 08/08/2014 08/08/14 | Pending | -- | -- | -- | |
| 05/21/2014 05/21/14 | For Sale | $117,500 | -- | $86 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,276 | $44,890 | $12,950 | $31,940 |
| 2024 | $2,563 | $42,230 | $12,180 | $30,050 |
| 2023 | $2,563 | $38,390 | $11,070 | $27,320 |
| 2022 | $2,352 | $35,380 | $10,200 | $25,180 |
| 2021 | $2,211 | $33,440 | $9,640 | $23,800 |
| 2020 | $2,166 | $32,880 | $9,480 | $23,400 |
| 2019 | $2,106 | $32,360 | $9,330 | $23,030 |
| 2018 | $2,039 | $31,660 | $9,130 | $22,530 |
| 2017 | $1,943 | $30,150 | $8,690 | $21,460 |
| 2016 | $1,933 | $30,150 | $8,690 | $21,460 |
| 2015 | $1,898 | $30,150 | $8,690 | $21,460 |
| 2014 | $1,891 | $29,560 | $8,520 | $21,040 |
| 2013 | $1,793 | $28,380 | $8,180 | $20,200 |
Source: Public Records
Agents Affiliated with this Home
-
Quentin McNew
Q
Seller's Agent in 2024
Quentin McNew
eXp Realty-Schaumburg
(217) 552-4062
19 Total Sales
-
Carol Meinhart
Buyer's Agent in 2024
Carol Meinhart
The Real Estate Group,Inc
(217) 840-3328
768 Total Sales
-
Kyle Koester
Seller's Agent in 2022
Kyle Koester
KELLER WILLIAMS-TREC-MONT
(217) 210-4944
699 Total Sales
-
Brandon Moore
Buyer's Agent in 2022
Brandon Moore
RE/MAX
(217) 841-7048
92 Total Sales
-
Bradley Coats
Seller's Agent in 2014
Bradley Coats
RE/MAX
(217) 840-2064
61 Total Sales
-
M
Buyer's Agent in 2014
Marlo Wax
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11997307
APN: 15-13-15-176-041
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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