NOT LISTED FOR SALE

508 W Riverbend Blvd Mahomet, IL 61853

Estimated Value: $474,851

3 Beds
3 Baths
2,491 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $425,000 $171 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,430/month

1 Day on Market

Highlights

  • Second Kitchen
  • Vaulted Ceiling
  • Home Office
  • Recreation Room
  • Corner Lot
  • Formal Dining Room

About This Home

As of March 2023

Bright and beautiful three-bedroom ranch on a fully finished basement situated on a spacious corner lot in desirable Lakes at Riverbend Subdivision offering neighborhood access to the lake and walking paths. This home offers 4653 sq. ft. of living space, great for your day-to-day needs and your entertaining wants. Natural light is abundant throughout thanks to the large windows. The vaulted ceiling and gas fireplace highlight the spacious living room. The eat-in kitchen features an abundance of maple cabinets, granite countertops, a breakfast bar plus a new stainless steal gas range and refrigerator. The formal dining room with crown molding and chair rail is the perfect place for dinners with family & friends. A dedicated office will allow you to get the necessary work done. The private master suite feels warm & cozy with neutral carpeting and boasts a spa-like full bath and walk-in closet. The living room, kitchen, office, and master suite are wired for a home stereo system. Take advantage of the additional living space in the basement featuring a huge rec room with a full kitchen, appliances stay, a full bath plus two additional bonus rooms that will make entertaining/playing a breeze. This home is a must-see, call today to schedule your private showing!

Last Listed By

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 01/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,480

Year Built

  • Built in 2003

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 160x118
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Radon Mitigation System

Interior Spaces

  • 2,491 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

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

  • Lakes At Riverbend Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,480

Year Built

Built in 2003

Lot Details

0

HOA Fees

$13 per month

Parking

3

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: Lakes at Riverbend
  • Year Built: 2003
  • 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 144 LAKES AT RIVERBEND PH1B
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2162
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 2491
  • Other Equipment: Sprinkler-Lawn, Radon Mitigation System
  • Room Type: Kitchen, Recreation Room, Bonus Room, Eating Area, Office
  • Estimated Total Finished Sq Ft: 4653
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2491
  • Basement Sq Ft: 2359
  • Fireplace Location: Living Room
  • Total Sq Ft: 4850
  • Unfinished Basement Sq Ft: 197
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 2491
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 429900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • 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: Sidewalks, Street Paved
  • 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
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 0.44
  • Lot Dimensions: 160X118
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9480.42
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Mar 6, 2023
Sold by
Slick Carey S
Bought by
Helmers Brian William and Helmers Kelly Kathleen
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Total Days on Market
1
Views
16
Current Estimated Value
$474,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,851
Avg. Annual Appreciation
5.51%

Purchase Details

Listed on
Jan 29, 2023
Closed on
Feb 13, 2023
Sold by
Miller Charles William
Bought by
Slick Carey S
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Views
16

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 30, 2018
Sold by
Knight Paul K and Knight Patsy A
Bought by
Miller Charles William and Miller Carey
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$356,385
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2003
Sold by
Ironwood Builders Inc
Bought by
Knight Paul K and Knight Patsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Unknown

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
Helmers Brian William $425,000 --
Slick Carey S -- --
Miller Charles William $345,000 Attorney
Knight Paul K $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Charles William $355,488
Previous Owner Miller Charles William $356,385
Previous Owner Knight Paul K $51,000
Previous Owner Knight Paul K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $425,000 -1.1% $171 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $429,900 +24.6% $173 / Sq Ft
08/30/2018 08/30/18 Sold $345,000 -2.8% $142 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $355,000 -- $146 / 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 $10,761 $156,170 $25,050 $131,120
2023 $10,761 $141,970 $22,770 $119,200
2022 $9,993 $130,850 $20,990 $109,860
2021 $9,480 $123,680 $19,840 $103,840
2020 $9,314 $121,610 $19,510 $102,100
2019 $9,083 $119,690 $19,200 $100,490
2018 $8,433 $117,120 $18,790 $98,330
2017 $8,308 $114,260 $18,330 $95,930
2016 $8,266 $114,260 $18,330 $95,930
2015 $8,120 $114,260 $18,330 $95,930
2014 $7,913 $109,600 $18,460 $91,140
2013 $7,770 $107,980 $18,190 $89,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11709162

Midwest Real Estate Data (MRED)

APN: 15-13-21-280-040