NOT LISTED FOR SALE

509 Magnolia Dr Unit 1 Rochester, IL 62563

Estimated Value: $263,000 - $293,753

3 Beds
2 Baths
2,495 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $265,000 $106 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,901/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Rochester High School Rated A-
  • Fenced Yard
  • Breakfast Bar

About This Home

As of March 2024

Introducing 509 Magnolia Dr, located in Rochester proper, a generously updated 3-bed, 2 bath ranch that blends convenience and efficiency. Enjoy the eco-friendly benefits of solar panels, providing free electricity since 2020. The heart of the home shines with newer slate GE kitchen appliances and sleek granite countertops, fresh paint throughout the home (2023-24) and plush new carpet in bedrooms and living room (2024). The finished basement was completely renovated in 2023, and is sure to impress, offering an abundance of storage and recreational space. Enjoy the convenience of a like new Samsung washer and dryer, alongside a brand-new water pressure back-up sump pump for added peace of mind. Entertain effortlessly on the new back deck or shoot hoops on your own basketball court, both added in 2020. Rest easy knowing the windows and roof were replaced in 2015, and the home has been pre-inspected for your convenience.

Last Agent to Sell the Property

Matt Garrison

The Real Estate Group, Inc. Brokerage Phone: 217-638-8500 License #475176635 Listed on: 02/18/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Debra Sarsany

The Real Estate Group, Inc. License #475118739

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 90x145
  • Fenced Yard
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 2,495 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Rochester District #3A High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Eastgate Meadows Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 23-15.0-252-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,531

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 182.76
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-638-8500
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Radon Mitigation System
  • Living Area: 2495
  • TotalBasementSqFt: 1045
  • KitchenDining: Breakfast Bar

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public

Schools

  • High School: Rochester District #3A

Lot Info

  • Lot Size: 90x145
  • Parcel #: 23-15.0-252-005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4530.92
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Mar 12, 2024
Sold by
Kerouac Kyle J
Bought by
Wilson Brian Allan
Seller's Agent
Matt Garrison
The Real Estate Group, Inc.
Buyer's Agent
Debra Sarsany
The Real Estate Group, Inc.
List Price
$265,000
Sold Price
$265,000
Views
134
Current Estimated Value
$276,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,602
Avg. Annual Appreciation
1.61%
Original Mortgage
$245,000
Outstanding Balance
$241,788
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$29,330

Purchase Details

Closed on
May 28, 2010

Purchase Details

Closed on
Dec 12, 2008

Purchase Details

Closed on
Jul 6, 2000
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
Wilson Brian Allan $265,000 None Listed On Document
-- $160,000 --
-- $145,000 --
-- $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Brian Allan $245,000
Previous Owner Kerouac Kyle J $158,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $265,000 0.0% $106 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $265,000 +57.8% $106 / Sq Ft
06/09/2017 06/09/17 Sold $167,900 -6.7% $75 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $179,900 -- $80 / Sq Ft
Source: RMLS Alliance

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 -- $74,149 $11,347 $62,802
2023 $4,722 $70,430 $10,778 $59,652
2022 $4,531 $66,688 $10,205 $56,483
2021 $4,339 $64,024 $9,797 $54,227
2020 $3,946 $59,038 $9,671 $49,367
2019 $3,877 $59,424 $9,734 $49,690
2018 $3,839 $58,471 $9,578 $48,893
2017 $3,776 $57,852 $9,477 $48,375
2016 $3,330 $51,587 $7,108 $44,479
2015 $3,311 $51,122 $7,044 $44,078
2014 $3,285 $50,746 $6,992 $43,754
2013 $3,233 $50,164 $6,912 $43,252
Source: Public Records

Agents Affiliated with this Home

  • Matt Garrison

    Seller's Agent in 2024

    Matt Garrison

    The Real Estate Group, Inc.

    (217) 638-8500

    6 in this area

    362 Total Sales

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  • Debra Sarsany

    Buyer's Agent in 2024

    Debra Sarsany

    The Real Estate Group, Inc.

    (217) 313-0580

    8 in this area

    680 Total Sales

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  • Mike Buscher

    Seller's Agent in 2017

    Mike Buscher

    The Real Estate Group, Inc.

    (217) 553-5958

    6 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    PATRICK REGAN

    IN BETWEEN OFFICES

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Map

Source: RMLS Alliance

MLS Number: CA1027372

RMLS Alliance

APN: 23-15.0-252-005

Illinois Sangamon County Rochester 62563

509 Magnolia Dr Unit 1, Rochester, IL

This home is located at 509 Magnolia Dr Unit 1, Rochester, IL 62563 since 18 February 2024 and is currently estimated at $283,438, approximately $113 per square foot. This property was built in 1984. 509 Magnolia Dr Unit 1 is a home located in Sangamon County with nearby schools including Rochester Elementary Ec-1 School, Rochester Intermediate School, and Rochester Elementary School.

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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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