701 Colony Grove Mahomet, IL 61853
Estimated Value: $239,000 - $280,000
4
Beds
2
Baths
1,262
Sq Ft
$201/Sq Ft
Est. Value
Highlights
- Mature Trees
- Ranch Style House
- Walk-In Pantry
- Deck
- Play Room
- Stainless Steel Appliances
About This Home
As of April 2020This brick ranch sits on a huge wooded lot with a fenced backyard and a storage shed on a concrete pad. The double wide driveway includes space to park a third vehicle. The home was remodeled in 2012 with upgrades in the kitchen that included new stainless steel kitchen appliances that will remain with the home, quartz countertops, cabinets and flooring. Both bathrooms have been redone and the furnace and AC were new in 2012 as well. The partially finished basement has a bedroom with an egress window, two spacious family areas that can accomodate plenty of recreation or movie time, a separate storage area and the utility room (the washer & dryer are negotiable). Plus, there is a whole house backup generator in case the power ever goes out in the subdivision. Situated less than 1/4 mile from the Mahomet - Seymour High School and Junior High School, you couldn't ask for a better location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,673
Year Built
- 1967
Lot Details
- East or West Exposure
- Fenced Yard
- Mature Trees
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Side Driveway
- Gravel Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Wood Burning Fireplace
- Play Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Walk-In Pantry
- Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Outdoor Features
- Deck
- Patio
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $7,200 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2020
Closed on
Apr 9, 2020
Sold by
Charles Bestor Nathan Robert and Russett Bestor Cassandra
Bought by
Davis Scott A and Davis Wendy E
Seller's Agent
Bill Craig
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Kyle Koester
KELLER WILLIAMS-TREC-MONT
List Price
$208,000
Sold Price
$196,850
Premium/Discount to List
-$11,150
-5.36%
Total Days on Market
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,703
Avg. Annual Appreciation
5.43%
Original Mortgage
$193,284
Outstanding Balance
$172,216
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$85,186
Purchase Details
Closed on
Jul 6, 2012
Sold by
Dobson Candace L
Bought by
Foote Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Mahomet, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davis Scott A | $197,000 | Attorney | |
| Davis Scott A | $197,000 | None Available | |
| Foote Rebecca | $117,500 | First Community Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Scott A | $193,284 | |
| Previous Owner | Bestor Nathan Robert Charles | $25,000 | |
| Previous Owner | Charles Nathan Robert | $116,900 | |
| Previous Owner | Foote Rebecca | $44,000 | |
| Previous Owner | Foote Rebecca | $94,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2020 04/17/20 | Sold | $196,850 | -5.4% | $156 / Sq Ft |
| 03/08/2020 03/08/20 | Pending | -- | -- | -- |
| 01/18/2020 01/18/20 | For Sale | $208,000 | -- | $165 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,673 | $71,560 | $14,600 | $56,960 |
| 2023 | $4,673 | $65,050 | $13,270 | $51,780 |
| 2022 | $4,318 | $59,950 | $12,230 | $47,720 |
| 2021 | $4,081 | $56,660 | $11,560 | $45,100 |
| 2020 | $4,006 | $55,720 | $11,370 | $44,350 |
| 2019 | $3,902 | $54,840 | $11,190 | $43,650 |
| 2018 | $3,788 | $53,660 | $10,950 | $42,710 |
| 2017 | $3,681 | $51,750 | $10,560 | $41,190 |
| 2016 | $3,663 | $51,750 | $10,560 | $41,190 |
| 2015 | $3,545 | $51,750 | $10,560 | $41,190 |
| 2014 | $3,472 | $49,260 | $10,050 | $39,210 |
| 2013 | $3,466 | $49,260 | $10,050 | $39,210 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Craig
Seller's Agent in 2020
Bill Craig
RE/MAX
(217) 898-5092
194 Total Sales
-
Kyle Koester
Buyer's Agent in 2020
Kyle Koester
KELLER WILLIAMS-TREC-MONT
(217) 210-4944
620 Total Sales
-
Brooke Hunt
Buyer Co-Listing Agent in 2020
Brooke Hunt
KELLER WILLIAMS-TREC-MONT
(217) 621-5862
37 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10613216
APN: 15-13-09-376-004
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