NOT LISTED FOR SALE

617 Somerset Ln O Fallon, IL 62269

Estimated Value: $272,000 - $345,000

3 Beds
2 Baths
2,060 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $174,500 $85 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,053/month

76 Days on Market

Highlights

  • Sun or Florida Room
  • Kampmeyer Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of May 2016

Recently updated and very well maintained home in an established neighborhood in the heart of O'Fallon. Enjoy the open feel in the spacious living room which features a brick wood burning fireplace enhanced by a cathedral ceiling with a skylight. The remodeled kitchen features new cabinets, new countertops, new backsplash and has stainless steel appliances & ceramic tile flooring. The large master bedroom has three closets and the master bath was just recently updated. Enjoy relaxing on the large 13x12 deck with a private backyard which is beautifully manicured & very established with mature trees & greenery. Other updates / features include new Pella Double Hung Windows, New Paint inside and outside, new roof in 2012, refinished vanity and tub in master bathroom, new lighting throughout, new vanity and countertop in main bath and ceramic flooring in kitchen & baths. Close to I-64, Scott AFB, downtown St. Louis, shopping, parks & the YMCA.

Last Agent to Sell the Property

Nick Lercher

CR Holland Real Estate LLC License #475136084 Listed on: 02/27/2016

Last Buyer's Agent

Cari Brunner

RE/MAX Preferred License #475130898

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,152

Year Built

  • 1986

Lot Details

  • 0.26

Parking

  • 2 Car Attached Garage

Home Design

  • Updated or Remodeled

Interior Spaces

  • 3 Main Level Bedrooms
  • 2,060 Sq Ft Home
  • Sun or Florida Room
  • Crawl Space

Additional Features

  • Lot Dimensions are 95 x 120
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,152

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Municipality Township: O'Fallon
  • Special Areas: Sun Room
  • Special Description: Renovated
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances: Dishwasher, Disposal, Range
  • Basement: Space/Crawl or Other
  • Main Level Bedrooms: 3
  • Sitting Room: MBF
  • Total Living Area: 2060.00

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking: Attached Garage

Utilities

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

Schools

  • School District: O Fallon DIST 90
  • Elementary School: O FALLON DIST 90
  • Middle School: O FALLON DIST 90
  • High School: OFallon

Lot Info

  • Lot Dimensions: 95 x 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 13, 2016
Sold by
Wetmore Ian C and Wetmore Catherine
Bought by
Mennerick Douglas
Seller's Agent
Nick Lercher
CR Holland Real Estate LLC
Buyer's Agent
Cari Brunner
RE/MAX Preferred
List Price
$194,900
Sold Price
$174,500
Premium/Discount to List
-$20,400
-10.47%
Current Estimated Value
$307,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,860
Avg. Annual Appreciation
6.48%
Original Mortgage
$139,600
Outstanding Balance
$62,292
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$251,864

Purchase Details

Closed on
May 30, 2012
Sold by
Cox Billy C and Cox Florence B
Bought by
Wetmore Ian C and Wetmore Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mennerick Douglas $174,500 Benchmark Title Company Llc
Wetmore Ian C $179,000 Pti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mennerick Douglas $139,600
Previous Owner Wetmore Ian C $134,000
Previous Owner Cox Billy C $15,000
Previous Owner Cox Billy C $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $174,500 -5.6% $85 / Sq Ft
03/31/2016 03/31/16 Price Changed $184,900 -5.1% $90 / Sq Ft
02/27/2016 02/27/16 For Sale $194,900 -- $95 / Sq Ft
Source: MARIS MLS

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 $5,152 $76,682 $17,504 $59,178
2023 $4,702 $68,059 $15,536 $52,523
2022 $4,409 $62,571 $14,283 $48,288
2021 $4,675 $64,886 $14,328 $50,558
2020 $4,633 $61,421 $13,563 $47,858
2019 $4,517 $61,421 $13,563 $47,858
2018 $4,387 $59,638 $13,169 $46,469
2017 $4,202 $55,481 $14,962 $40,519
2016 $4,186 $54,186 $14,613 $39,573
2014 $3,860 $53,559 $14,444 $39,115
2013 $4,290 $54,580 $14,221 $40,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS4502236

MARIS MLS

APN: 04-20.0-405-002