NOT LISTED FOR SALE

509 Waterwheel Dr Rochester, IL 62563

Estimated Value: $351,000 - $378,000

3 Beds
2 Baths
2,029 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $320,000 $158 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,450/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Ceiling Fan
  • Rochester High School Rated A-
  • Hydromassage or Jetted Bathtub
  • Garage

About This Home

As of December 2022

Must see, Oak Mill Estates Ranch in Rochester School District! This beautiful 3 bed 2 bath has so much to offer its next owner. Open living space brightened with natural light and elevated ceilings flow seamlessly into the kitchen and dining area. Spacious master bedroom with jetted tub, double vanity and large walk in closet. Tons of potential with a full unfinished basement. Professionally landscaped exterior and newly built fire pit perfect for entertaining guests. Schedule your tour today!

Last Agent to Sell the Property

KATHY GARST

The Real Estate Group, Inc. License #475121251 Listed on: 10/06/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Jim Skeeters

Keller Williams Capital License #475097981

Keller Williams Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,452

Year Built

  • Built in 2010

Lot Details

  • 0.28

Home Design

  • Ranch Style House
  • Radon Mitigation System

Interior Spaces

  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,452

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: L 29 OAK MILL EST 2ND ADDN (12,225 SQ FT) 15-15-4
  • Lvt Date: 10/06/2022
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Microwave Oven, Refrigerator, Range/Oven
  • Fireplace: Gas Logs, Living Room
  • Interior Amenities: Garage Door Opener(s), Jetted Tub, Blinds, Ceiling Fan, Radon Mitigation System
  • Number Fireplaces: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Main Level Full Bathrooms: 2
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 16.1x11.9, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full, Concrete, Unfinished, Poured
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 11.8x11, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 15.3x13.3, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Den: Dimensions: 13.4x10.1, On Level: Main
  • Kitchen: Dimensions: 12.6x29.3, On Level: Main, Flooring: Hardwood
  • Kitchen Dining: Dining Informal, Island
  • Laundry: Dimensions: 8.2x9.6, On Level: Main
  • Living Room: Dimensions: 17.5x15.11, On Level: Main
  • Price Per Sq Ft: 157.71
  • Finished Sq Ft: 2029
  • Total Sq Ft: 2029
  • Finished Main Level Sq Ft: 2029

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Exterior Amenities: Deck
  • Road Access: Curbs & Gutters
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 3
  • Number Of Garage Remotes: 3

Utilities

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

Condo/Co-op/Association

  • Association Annual Fee: 30
  • Annual Mandatory Association: Yes

Schools

  • High School: Rochester District #3A

Lot Info

  • Estimated Lot Size: 143x85
  • Lot Description: Level
  • Subdivision: Oak Mill Estates
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 6452.4
  • Parcel Id Number Tax Id: 23-15.0-130-005
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2021

MLS Schools

  • High School School District: Rochester District #3A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 6, 2022
Sold by
Lunt William E and Lunt Hilary E
Bought by
Norton Jacob Daniel and Norton Anna Kaye
Seller's Agent
KATHY GARST
The Real Estate Group, Inc.
Buyer's Agent
Jim Skeeters
Keller Williams Capital
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%
Views
34
Current Estimated Value
$358,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,851
Avg. Annual Appreciation
4.56%
Original Mortgage
$195,000
Outstanding Balance
$190,086
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$172,349

Purchase Details

Closed on
Oct 15, 2013

Purchase Details

Closed on
Apr 1, 2010

Purchase Details

Closed on
Oct 1, 2009

Purchase Details

Closed on
Jul 14, 2006
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
Norton Jacob Daniel $320,000 --
-- $236,000 --
-- $240,800 --
-- $39,900 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Jacob Daniel $195,000
Previous Owner Lunt William E $199,965
Previous Owner Lunt William E $203,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $320,000 +6.7% $158 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $299,900 +20.4% $148 / Sq Ft
01/19/2018 01/19/18 Sold $249,000 -2.3% $123 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $254,900 -- $126 / 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 $6,654 $99,919 $17,236 $82,683
2023 $6,517 $94,908 $16,372 $78,536
2022 $6,676 $89,866 $15,502 $74,364
2021 $6,452 $86,277 $14,883 $71,394
2020 $6,337 $85,170 $14,692 $70,478
2019 $6,221 $85,727 $14,788 $70,939
2018 $5,732 $84,352 $14,551 $69,801
2017 $5,641 $83,459 $14,397 $69,062
2016 $5,459 $80,730 $13,926 $66,804
2015 $5,389 $79,438 $13,776 $65,662
2014 $5,349 $78,855 $13,675 $65,180
2013 $5,268 $77,951 $13,518 $64,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA1018467

RMLS Alliance

APN: 23-15.0-130-005