NOT LISTED FOR SALE

5551 Broadway Rd Groveland, IL 61535

Estimated Value: $537,000 - $692,000

4 Beds
3.5 Baths
4,704 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $585,000 $124 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,264/month

3 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Vaulted Ceiling
  • Morton High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of August 2024

Absolutely STUNNING 4 bedroom, 3.5 bath, 3-car garage ranch in very desirable Timber Lake Estates that is located on 2 acres with a shared lake! This home has been meticulously cared for and is the epitome of move-in ready! As soon as you walk through the door you are greeted by the beautiful, bright foyer that is open to both formal dining room, and living room. You will LOVE this open floor plan throughout the main level! Amazing living room and informal dining area have great views of your backyard! Entertain in style in your chef's kitchen that boasts Amish Maple cabinetry, corian tops, appliances that stay, huge breakfast bar, plus pantry and desk area. Convenient main floor laundry & 1/2 bath. Primary suite features large walk-in closet, luxury bath, dual vanities (& make-up area), whirlpool tub & shower, and access out to the glorious sunroom! The 2nd & 3rd bedroom on the main floor share a Jack & Jill bathroom with own vanities & stool. The basement offers a huge rec room, 4th bedroom, game room, workout area, and 2ND KITCHEN! What more could you ask for! Spend your summer in style! Don't miss your chance to own this AMAZING home! Call for your private showing today!

Last Agent to Sell the Property

Ryan Blackorby

Jim Maloof Realty, Inc. Brokerage Phone: 309-657-6787 License #471009786 Listed on: 06/20/2024

Jim Maloof Realty, Inc.

Last Buyer's Agent

Tricia Yordy

Keller Williams Revolution License #475157165

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,706

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 344x237x377x241
  • Waterfront
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 4,704 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Lake Views
  • Storage In Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Morton Elementary School
  • Morton High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Timber Lake Estate Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 05-05-35-301-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,706

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Architectural Style: Ranch
  • New Construction: No
  • Attribution Contact: Pref: 309-657-6787
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Daylight, Finished, Full, Walk Out
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Storage, Cable Available, Ceiling Fan(s), Vaulted Ceiling(s), Garage Door Opener(s), Jetted Tub, Radon Mitigation System, Solid Surface Counter
  • Living Area: 4704
  • KitchenDining: Breakfast Bar,Dining Formal,Dining Informal,Pantry

Exterior Features

  • Lot Features: Lake View, Level, Terraced/Sloping, Water Frontage
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick Partial, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Heating: Propane, Forced Air, Heat Pump, Propane Rented, Gas Water Heater, Central Air
  • Water Source: Ejector Pump, Public, Septic System
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No
  • CondoProject: N/A
  • DevelopmentName: N/A

Schools

  • Elementary School: Morton
  • High School: Morton

Lot Info

  • Zoning: Tazewell
  • Lot Size Acres: 2
  • Lot Size: 344x237x377x241
  • Additional Parcels Description: N/A
  • Parcel #: 05-05-35-301-009
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11706.42
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 2, 2024
Sold by
Cartus Financial Corporation
Bought by
Miller Andrew P and Miller Abby J
Seller's Agent
Ryan Blackorby
Jim Maloof Realty, Inc.
Buyer's Agent
Tricia Yordy
Keller Williams Revolution
List Price
$559,900
Sold Price
$585,000
Premium/Discount to List
$25,100
4.48%
Views
5
Current Estimated Value
$624,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,971
Avg. Annual Appreciation
5.76%
Original Mortgage
$292,500
Outstanding Balance
$288,949
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$336,022

Purchase Details

Closed on
Jun 12, 2024
Sold by
Baumann Jason D and Baumann Angela M
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$288,949
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$336,022

Purchase Details

Closed on
Jun 3, 2011
Sold by
Brown Michael D and Brown Venisa M
Bought by
Johnson Carold J and Johnson Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Miller Andrew P $585,000 None Listed On Document
Cartus Financial Corporation $585,000 None Listed On Document
Johnson Carold J $485,000 Pekin Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Andrew P $292,500
Previous Owner Johnson Carold J $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $585,000 +4.5% $124 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $559,900 +21.7% $119 / Sq Ft
07/28/2014 07/28/14 Sold $460,000 -8.0% $98 / Sq Ft View Prior Sale
06/19/2014 06/19/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $499,900 -- $106 / 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 $11,706 $191,570 $32,340 $159,230
2023 $11,706 $175,880 $29,690 $146,190
2022 $11,350 $162,680 $27,460 $135,220
2021 $10,885 $156,420 $26,400 $130,020
2020 $10,640 $156,420 $26,400 $130,020
2019 $10,624 $156,420 $26,400 $130,020
2018 $10,429 $156,420 $26,400 $130,020
2017 $10,160 $154,870 $26,140 $128,730
2016 $10,055 $154,870 $26,140 $128,730
2015 $9,961 $0 $0 $0
2013 $8,568 $135,280 $25,020 $110,260
Source: Public Records

Agents Affiliated with this Home

  • Ryan Blackorby

    Seller's Agent in 2024

    Ryan Blackorby

    Jim Maloof Realty, Inc.

    (309) 657-6787

    826 Total Sales

    Ryan Blackorby
    Section Image
  • Tricia Yordy

    Buyer's Agent in 2024

    Tricia Yordy

    Keller Williams Revolution

    (309) 360-8798

    295 Total Sales

    Tricia Yordy
    Section Image
  • Sandy Glover

    Seller's Agent in 2014

    Sandy Glover

    Keller Williams Premier Realty

    (309) 208-6101

    433 Total Sales

    Sandy Glover
    Section Image
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Map

Source: RMLS Alliance

MLS Number: PA1251134

RMLS Alliance

APN: 05-05-35-301-009

Illinois Tazewell County Groveland 61535

5551 Broadway Rd, Groveland, IL

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