NOT LISTED FOR SALE

702 Colony Grove Mahomet, IL 61853

Estimated Value: $253,616

3 Beds
2 Baths
1,750 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $233,000 $133 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,819/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Home Office
  • Wood Burning Stove
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of July 2023

Don't miss this well built and well maintained spacious brick ranch on a quiet Mahomet cul-de-sac street! This fantastic home is move-in ready! It's in mint condition, all recently painted, and features three bedrooms and two full baths. The finished room in the basement has also been used in the past as an additional bedroom. There is a large living room with plenty of natural light and a traditional gas fireplace. A huge family room provides a second living area and has vaulted ceilings and a wood burning stove. Roof is less than a year old. Newer appliances and flooring. Windows, furnace, a/c, water heater, garage door, and gutters (with gutter guards) have all been replaced. The basement ceiling is steel reinforced concrete, providing an extra layer of storm protection. Easy access to all Mahomet parks, Lake of the Woods Forest Preserve, new community tennis courts, new community splash pad, and all Mahomet-Seymour Schools.

Last Listed By

Max McComb

RE/MAX REALTY ASSOCIATES-CHA License #475136742 Listed on: 06/01/2023

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1962 | Remodeled in 2023

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 91 x 151
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Stove
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • Mahomet Elementary School
  • Mahomet Junior High School
  • Mahomet-Seymour High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Community Details

  • Colony Grove Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,583

Year Built

Built in 1962 | Remodeled in 2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Colony Grove
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Legal Description: LOT 8 COLONY GROVE SUBDIVISION
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 180
  • Fireplace Features: Wood Burning Stove, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Bedroom
  • LivingArea: 1750
  • Other Equipment: TV-Cable
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 1930
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1750
  • Basement Sq Ft: 624
  • Fireplace Location: Living Room
  • Total Sq Ft: 2374
  • Unfinished Basement Sq Ft: 444
  • Upper Level Sq Ft: 0
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1750
  • Lower Level Sq Ft: 0
  • Door Features: Storm Door(s)
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • List Price: 229900
  • Lot Features: Cul-De-Sac
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mahomet Elementary School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 91 X 151
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4582.98
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 22, 2023
Sold by
Lafond Todd M and Lafond Connie S
Bought by
Eric B Cook Revocable Living Trust and Cook
Seller's Agent
Max McComb
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Vicki Cook
Coldwell Banker R.E. Group
List Price
$229,900
Sold Price
$233,000
Premium/Discount to List
$3,100
1.35%
Total Days on Market
3
Views
41
Current Estimated Value
$253,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,616
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
May 12, 2023
Sold by
Lafond Todd M
Bought by
Lafond Todd M and Lafond Connie S

Purchase Details

Closed on
Jul 30, 2004
Sold by
Smith Matthew L and Smith Christina J
Bought by
Lafond Todd M and Lafond Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,772
Interest Rate
6.34%
Mortgage Type
FHA

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
Eric B Cook Revocable Living Trust $233,000 None Listed On Document
Lafond Todd M -- None Listed On Document
Stech Glenn D $31,000 None Listed On Document
Lafond Todd M $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lafond Todd M $105,000
Previous Owner Lafond Todd M $13,000
Previous Owner Lafond Todd M $125,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $233,000 +1.3% $133 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $229,900 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,958 $75,510 $14,600 $60,910
2023 $4,958 $68,640 $13,270 $55,370
2022 $4,583 $63,260 $12,230 $51,030
2021 $4,333 $59,790 $11,560 $48,230
2020 $4,253 $58,790 $11,370 $47,420
2019 $4,143 $57,860 $11,190 $46,670
2018 $4,023 $56,620 $10,950 $45,670
2017 $3,910 $54,600 $10,560 $44,040
2016 $3,891 $54,600 $10,560 $44,040
2015 $3,767 $54,600 $10,560 $44,040
2014 $3,689 $51,970 $10,050 $41,920
2013 $3,683 $51,970 $10,050 $41,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11796933

Midwest Real Estate Data (MRED)

APN: 15-13-09-377-004