NOT LISTED FOR SALE

701 Timber Ridge Rd Mechanicsburg, IL 62545

Estimated Value: $461,000 - $551,000

5 Beds
3.5 Baths
4,168 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $487,500 $117 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,686/month

3 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Vaulted Ceiling
  • Tri-City Elementary School Rated 9+
  • Wooded Lot
  • Ranch Style House

About This Home

As of November 2023

BEAUTIFUL WOODED LOT/RANCH ON 4.7 ACRES IN GRIFFITHS CREEK ESTATES. WHEN YOU WALK IN YOU WILL LOVE THE LARGE LIVING SPACES. UPDATED HARDWOOD FLOORING 2020 ON MAIN LEVEL. KITCHEN IS A CHEF'S DREAM WITH STAINLESS STEEL APPLIANCES, FANTASTIC SS DOUBLE OVEN WITH SIX BURNERS AND A GRIDDLE, A WINE FRIDGE, GORGEOUS BACK SPLASH AND A WONDERFUL PANTRY. THERE IS A BREAKFAST BAR, A BREAKFAST NOOK, AND A FORMAL DINING ROOM. MAIN BEDROOM FEATURES CUSTOM BATHROOM AND WALK-IN CLOSET. CLOSET ON MAIN FLOOR CONVERTED INTO 1/2 BATH IN 2008/2009. BASEMENT FEATURES A WET BAR, LARGE REC ROOM, SITTING ROOM, FULL BATHROOM AND 2 BEDROOMS. THREE CAR ATTACHED HEATED GARAGE. NEW POOL 2019/2020 20 x 44 HEATED W/ ELECTRIC COVER. DID WE MENTION THIS HOME IS GEOTHERMAL EQUIPPED! CITY WATER COMING SOON AS WELL! CONSTRUCTION AND GROUND BROKEN IN 2023. THIS ONE IS PERFECT FOR ALL YOUR WANTS AND NEEDS!

Last Agent to Sell the Property

Debra Sarsany

The Real Estate Group, Inc. Brokerage Phone: 217-313-0580 License #475118739 Listed on: 09/06/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Barbara Endzelis

RE/MAX Professionals License #475136201

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,418

Year Built

  • Built in 2007

Lot Details

  • 4.7 Acre Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,168 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Tri-City District #1 High School

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Griffiths Creek Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 16340276006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,418

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 208.78
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-313-0580
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Water Softener Owned
  • Basement: Egress Window(s), Full, Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s), Vaulted Ceiling(s)
  • Living Area: 4168
  • TotalBasementSqFt: 2305
  • KitchenDining: Breakfast Bar,Dining Formal,Eat-In Kitchen,Pantry

Exterior Features

  • Lot Features: Sloped, Wooded
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Deck, Patio, Pool In Ground
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Gravel, Paved

Utilities

  • Heating: Forced Air, Central Air, Geothermal
  • Water Source: Septic System, Shared Well

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Tri-City District #1

Lot Info

  • Lot Size Acres: 4.7
  • Lot Size: 4.7 Acres
  • Parcel #: 16340276006

Green Features

  • Efficiency: Geothermal Heating/Cooling System

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8418.46
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 9, 2023
Sold by
Ward Kevin C and Ward Carrie R
Bought by
Bresnan Katie Elizabeth and Bresnan Alex John
Seller's Agent
Debra Sarsany
The Real Estate Group, Inc.
Buyer's Agent
Barbara Endzelis
RE/MAX Professionals
List Price
$499,000
Sold Price
$487,500
Premium/Discount to List
-$11,500
-2.3%
Views
16
Current Estimated Value
$527,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,706
Avg. Annual Appreciation
4.42%
Original Mortgage
$360,000
Outstanding Balance
$352,481
Interest Rate
6%
Mortgage Type
VA
Estimated Equity
$174,725

Purchase Details

Listed on
Jul 14, 2011
Closed on
Apr 13, 2012
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
SANDY DRAGOO
IN BETWEEN OFFICES
List Price
$333,000
Sold Price
$295,000
Premium/Discount to List
-$38,000
-11.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Feb 14, 2006

Purchase Details

Closed on
Apr 20, 2005
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
Bresnan Katie Elizabeth $487,500 None Listed On Document
-- $300,000 --
-- $29,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bresnan Katie Elizabeth $360,000
Previous Owner Ward Kevin C $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $487,500 -2.3% $117 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $499,000 +69.2% $120 / Sq Ft
04/13/2012 04/13/12 Sold $295,000 -11.4% $75 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
07/14/2011 07/14/11 For Sale $333,000 -- $85 / 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 $9,813 $160,601 $15,936 $144,665
2023 $8,651 $138,298 $15,213 $123,085
2022 $8,418 $131,411 $15,095 $116,316
2021 $6,386 $108,543 $14,962 $93,581
2020 $6,779 $109,308 $15,067 $94,241
2019 $7,124 $116,945 $16,120 $100,825
2018 $7,083 $116,445 $16,120 $100,325
2017 $6,967 $103,716 $15,742 $87,974
2016 $6,944 $103,303 $15,679 $87,624
2015 $6,894 $101,486 $15,403 $86,083
2014 $6,792 $99,751 $15,140 $84,611
2013 $6,326 $96,827 $14,696 $82,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1024579

RMLS Alliance

APN: 16-34.0-276-006