NOT LISTED FOR SALE

505 Southwood Dr Mahomet, IL 61853

Estimated Value: $236,000 - $279,000

3 Beds
2 Baths
1,455 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $225,000 $155 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,693/month

6 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Laundry Room
  • Formal Dining Room
  • Living Room
  • 1-Story Property

About This Home

As of May 2022

Great three-bedroom ranch in Western Hills Subdivision! Spacious living room with fireplace, roomy dining area with sliding doors leading to oversized deck overlooking the large yard with mature trees and garden shed. Master bedroom with private bath. New roof in 2015

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 03/25/2022

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1978

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 112x200x56x93x156

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Well
  • Mechanical Septic System

Community Details

  • Western Hills Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,177

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Western Hills
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 76 WESTERN HILLS 3RD SUB MAHOMET
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1455
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1455
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1455
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 1455
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1455
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 219900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

  • Sewer: Septic-Mechanical
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Shared Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

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: 0.46
  • Lot Dimensions: 112X200X56X93X156
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3177.46
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 23, 2017
Sold by
Boaz Denzil M
Bought by
Gordon Nicolas D and Kempen Jenna N
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$145,000
Sold Price
$142,900
Premium/Discount to List
-$2,100
-1.45%
Current Estimated Value
$253,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,977
Avg. Annual Appreciation
6.66%
Original Mortgage
$114,320
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Gordon Nicolas D $142,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Nicholas D $112,000
Closed Gordon Nicolas D $114,320
Previous Owner Boaz Denzil M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $225,000 +2.3% $155 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $219,900 +53.9% $151 / Sq Ft
03/24/2017 03/24/17 Sold $142,900 -1.4% $98 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $145,000 -- $100 / 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 $3,725 $64,300 $15,280 $49,020
2023 $3,725 $58,450 $13,890 $44,560
2022 $3,434 $53,870 $12,800 $41,070
2021 $3,239 $50,920 $12,100 $38,820
2020 $3,177 $50,070 $11,900 $38,170
2019 $3,094 $49,280 $11,710 $37,570
2018 $3,002 $48,220 $11,460 $36,760
2017 $2,511 $45,920 $10,910 $35,010
2016 $2,502 $45,920 $10,910 $35,010
2015 $2,513 $45,920 $10,910 $35,010
2014 $2,366 $44,070 $10,470 $33,600
2013 $2,716 $44,070 $10,470 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358869

Midwest Real Estate Data (MRED)

APN: 15-13-09-352-018