NOT LISTED FOR SALE

507 Red Bud Dr Mahomet, IL 61853

Estimated Value: $361,000 - $410,000

4 Beds
3.5 Baths
2,060 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2024

Last sale price $322,500 $157 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,631 / mo

4 Days on Market

Highlights

  • Waterfront
  • Deck
  • Recreation Room
  • Community Lake
  • Pond
  • Traditional Architecture

About This Home

As of March 2024

Discover the epitome of suburban living in this two-story gem nestled in Mahomet's coveted Prairie Crossing subdivision. Highly sought after for its school district and proximity to Lake of the Woods Park, this residence offers a perfect blend of comfort, style, and convenience. Boasting 4 bedrooms and 3.5 bathrooms, this home is a testament to quality with 2x6 wall construction. The front porch, featuring a covered patio, offers an ideal retreat to unwind and appreciate your surroundings. As you step inside, the entryway greets you with shiplap-lined walls that seamlessly extend into the living space. The kitchen offers a kitchen island, stainless steel appliances, and features an arch window over the newly installed oversized sink, combining functionality with traditional style. The kitchen opens into an inviting eating space that overlooks the large living room. Both the living room and kitchen treat you to western lake views. The first-floor flex room is a versatile space that can adapt to your needs, serving as a bedroom, in-law suite, or a home office. Enhancing its charm are the board and batten walls, creating a stylish backdrop, and the added convenience of its own attached bathroom. This flexible area offers endless possibilities to suit your lifestyle. The large master suite is a retreat in itself, flooded with natural light, featuring a walk-in closet, and a soaking tub for ultimate relaxation. Oversized windows saturate every room in natural light, creating a warm and inviting atmosphere. Enjoy scenic lake views from various vantage points, including the large deck off the back of the home. The backyard is an oasis, featuring a playset, a built-in fire pit area overlooking the water, and a black aluminum fence enclosing the entire space. Convenience is key with quick access to Lake of the Woods Park and Interstate 74. The roof was updated in 2020, HVAC in 2018, and the basement, fully finished with new carpet, offers ample storage, a family room, and a dedicated rec space for the kids to entertain. Experience the best of Mahomet living in this meticulously maintained home where every detail has been thoughtfully curated for your comfort and enjoyment. Recent updates include: Mohawk engineered hardwood on the main level (2017), high efficiency furnace and air conditioning units (2018), second floor carpet with Tigressa carpeting (2018), landscaping (2019), installed insulation and OSB board on garage walls and added storage shelving and organization units (2019), SS GE appliances gas stove/range, microwave, fridge, dishwasher (2020), roof (2020)

Last Agent to Sell the Property

Nate Evans

Nate Evans Group License #475124281 Listed on: 12/29/2023

Last Buyer's Agent

Kymberly McCarthy-Hosier

KELLER WILLIAMS-TREC License #475190430

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 99x125x70x125
  • Waterfront
  • Cul-De-Sac
  • Fenced Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Home Office
  • Recreation Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Outdoor Features

  • Tideland Water Rights
  • Pond
  • Deck
  • Porch

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

  • Prairie Crossing Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,542

Year Built

Built in 2006

Lot Details

10,454 Sq Ft Lot

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Prairie Crossing
  • Year Built: 2006
  • Age: 16-20 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 104 PRAIRIE CROSSING 2ND SUB
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • LivingArea: 2060
  • Room Type: Recreation Room, Office
  • Estimated Total Finished Sq Ft: 2060
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 3090
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Fenced Yard, Pond(s), Water Rights, Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • 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
  • Community Features: Lake, Curbs
  • Master Association Fee: No
  • 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

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 99X125X70X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 6542.32
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Jan 10, 2024
Sold by
Lantz John and Lantz Caitlin
Bought by
Meyer Andrew J and Meyer Emma L
Seller's Agent
Nate Evans
Nate Evans Group
Buyer's Agent
Kymberly McCarthy-Hosier
KELLER WILLIAMS-TREC
List Price
$334,900
Sold Price
$322,500
Premium/Discount to List
-$12,400
-3.7%
Views
60
Current Estimated Value
$382,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,443
Avg. Annual Appreciation
8.40%
Original Mortgage
$306,375
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2020
Sold by
Ross Taylor W and Ross Christina F
Bought by
Lantz John and Lantz Chaitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Ade Larry Edward and Ade Sue Ellen
Bought by
Ross Taylor W and Ross Christina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Wonderful World Of Homes Llc
Bought by
Ade Larry Edward and Ade Sue Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,210
Interest Rate
3.25%
Mortgage Type
Unknown
Source: Public Records
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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
Meyer Andrew J $322,500 None Listed On Document
Lantz John $244,000 Attorney
Ross Taylor W -- None Available
Ade Larry Edward $181,500 None Available
Wonderful World Of Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Andrew J $306,375
Previous Owner Lantz John $207,400
Previous Owner Ross Taylor W $177,300
Previous Owner Ade Larry Edward $145,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 Sold $322,500 -3.7% $157 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $334,900 -- $163 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $7,059 $104,710 $17,610 $87,100
2023 $7,059 $95,190 $16,010 $79,180
2022 $6,542 $87,740 $14,760 $72,980
2021 $6,198 $82,930 $13,950 $68,980
2020 $6,087 $81,550 $13,720 $67,830
2019 $5,933 $80,260 $13,500 $66,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11951684

Midwest Real Estate Data (MRED)

APN: 15-13-12-351-009

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