NOT LISTED FOR SALE

507 W Riverbend Blvd Mahomet, IL 61853

Estimated Value: $500,000 - $572,000

4 Beds
3.5 Baths
3,188 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $525,000 $165 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,919/month

1 Day on Market

Highlights

  • Recreation Room
  • Sitting Room
  • 3 Car Attached Garage
  • Home Office
  • Formal Dining Room
  • Wet Bar

About This Home

As of June 2024

Step into luxury as you enter this grand and gracious home, featuring a custom floorplan designed for elegance and comfort. The dramatic 2-story foyer sets the tone, with a unique turned staircase serving as the focal point, creating a striking first impression. Boasting approximately 4500 finished square feet, this residence offers an abundance of luxurious living space to accommodate your lifestyle. With five bedrooms and three and a half baths, there's room for everyone to enjoy. The main level invites you to entertain in style offering a formal living and dining room with gleaming hardwood flooring, perfect for hosting gatherings and special occasions. The large eat-in kitchen, complete with a family room adjacent, serves as the heart of the home, ideal for everyday meals and casual get-togethers. A cozy sitting room, adorned with a bay window and window seat, provides a tranquil space that could easily double as a home office or study. Upstairs, the primary suite awaits, featuring a vaulted ceiling, expansive walk-in closet, and a spa-like ensuite bath, offering a private retreat for relaxation. The upper level also encompasses three additional bedrooms and a full bath, providing plenty of space for family and guests. Downstairs, the expansive rec room beckons for play and relaxation, complete with a convenient wet bar for entertaining. A fifth bedroom and full bath offer additional accommodations, while a storage room provides ample space for organization. Step outside to the back patio, where you'll find a serene oasis overlooking the spacious backyard and beautiful landscaping. With an open field beyond, enjoy panoramic views of the Midwest sunsets, creating the perfect backdrop for outdoor gatherings and quiet moments of reflection. This remarkable home offers a blend of elegance, comfort, and functionality, providing an exceptional opportunity to experience gracious living in a desirable setting. Don't miss your chance to make this your own slice of paradise. Schedule your showing today and prepare to fall in love with everything this property has to offer.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 04/12/2024

Last Buyer's Agent

Natalie Nielsen

Pathway Realty, PLLC License #471021839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,382

Year Built

  • Built in 2002

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 90x180

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 3,188 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

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

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Lakes At Riverbend Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,382

Year Built

Built in 2002

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lakes at Riverbend
  • Year Built: 2002
  • Age: 21-25 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 168 LAKES AT RIVERBEND PHASE 1B
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1343
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, First Floor Laundry
  • LivingArea: 3188
  • Room Type: Eating Area, Bedroom 5, Office, Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 4531
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3188
  • Basement Sq Ft: 1663
  • Fireplace Location: Living Room
  • Total Sq Ft: 4851
  • Unfinished Basement Sq Ft: 320
  • Upper Level Sq Ft: 1525
  • Main Level Sq Ft: 1663
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 520000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: 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: 0.37
  • Lot Dimensions: 90X180
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10382
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 26, 2024
Sold by
Hamilton Anastasia
Bought by
Rajashekara Gireesh and Gireesh Leena
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Natalie Nielsen
Pathway Realty, PLLC
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Views
30
Current Estimated Value
$533,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,783
Avg. Annual Appreciation
0.89%
Original Mortgage
$408,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Hamilton Arthur Andrew
Bought by
Hamilton Anastashia

Purchase Details

Closed on
Feb 5, 2003
Sold by
Armstrong Construction Of Champaign Inc
Bought by
Hamilton Arthur Andrew and Hamilton Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,052
Interest Rate
6.01%
Source: Public Records

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Range of Values:

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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
Rajashekara Gireesh $525,000 None Listed On Document
Hamilton Anastashia -- First Community Title
Hamilton Arthur Andrew $328,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajashekara Gireesh $421,500
Closed Rajashekara Gireesh $408,500
Previous Owner Hmilton Anastasia $100,000
Previous Owner Hamilton Anastasia $230,000
Previous Owner Hamilton Anastasia $272,000
Previous Owner Hamilton Arthur Andrew $317,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $525,000 +1.0% $165 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $520,000 -- $163 / 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 $11,179 $161,970 $20,500 $141,470
2023 $11,179 $147,250 $18,640 $128,610
2022 $10,382 $135,710 $17,180 $118,530
2021 $9,850 $128,270 $16,240 $112,030
2020 $9,679 $126,130 $15,970 $110,160
2019 $9,439 $124,150 $15,720 $108,430
2018 $9,177 $121,480 $15,380 $106,100
2017 $9,052 $118,510 $15,000 $103,510
2016 $9,007 $118,510 $15,000 $103,510
2015 $8,833 $118,510 $15,000 $103,510
2014 $8,616 $113,360 $14,030 $99,330
2013 $8,467 $111,680 $13,820 $97,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018417

Midwest Real Estate Data (MRED)

APN: 15-13-21-425-008