NOT LISTED FOR SALE

9482 Abbey Way Downs, IL 61736

Estimated Value: $625,158 - $661,000

6 Beds
6.5 Baths
5,920 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $510,000 $86 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,343/month

46 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Deck
  • Tri-Valley Elementary School Rated A
  • Mature Trees
  • Family Room with Fireplace

About This Home

As of July 2022

You must see this beautiful 6 bedroom, 6.5 bath home in Sherwood subdivision with an amazing backyard oasis to appreciate all of the special features and upgrades. And, it is handicapped accessible with an elevator to all 3 levels. The huge kitchen/hearth room provides an abundance of countertop and storage areas, as well as plenty of seating areas for entertaining. Granite countertops, stainless steel appliances, walk-in pantry, island with seating, and gas fireplace. The main level also features a family room with brick accent wall & fireplace, a bedroom, full bath, an office, half bath and laundry. All of the bedrooms upstairs feature their own private full bath including bedroom 2 with hardwood flooring and handicapped roll-in shower. Huge owner's suite with whirlpool tub, walk-in closet, and a deck overlooking the incredible backyard with in-ground pool. There is a back staircase which accesses each level including the walk-up attic which is partially finished and a great storage area. The walkout basement with a recreation room (plumbed for a wet bar), bedroom, full bath, and exercise/flex room accesses the patio area. The outdoor upgrades include in-ground pool, outdoor kitchen, firepit area, amazing landscaping, brick pavered patio & walkway, and much privacy with a tree lined lot. Three car heated garage, award winning Tri Valley school district, and minutes from Bloomington/Normal.

Last Agent to Sell the Property

Ed Larsen

Coldwell Banker Real Estate Group License #471007349 Listed on: 05/12/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jay Ricketts

RE/MAX Choice License #475170154

RE/MAX Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,135

Year Built

  • Built in 2003

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 130x290
  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,920 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Accessible Home Design

  • Roll-in Shower
  • Handicap Shower
  • Low Bathroom Mirrors
  • Grab Bar In Bathroom
  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Brick Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Tri-Valley Elementary School
  • Tri-Valley Junior High School
  • Tri-Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,135

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Not Applicable
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full, Walkout
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More, Hall Width 36 Inches or More, Lever Door Handles, Bath Grab Bars, Low Bathroom Mirrors, Roll-In Shower
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 6
  • Below Grade Finished Sq Ft: 1818
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Elevator, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 9 Foot, Granite Counters, Separate Dining Room
  • LivingArea: 5920
  • Other Equipment: Central Vacuum, Security System, Ceiling Fan(s)
  • Room Type: Bedroom 5, Bedroom 6, Office, Exercise Room, Family Room
  • Estimated Total Finished Sq Ft: 5920
  • Basement Description: Finished,Exterior Access,Rec/Family Area
  • Bathroom Amenities: Whirlpool,Separate Shower,Handicap Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4102
  • Basement Sq Ft: 1818
  • Fireplace Location: Family Room,Hearth Room
  • Total Sq Ft: 5920
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 2284
  • Attic: Interior Stair,Unfinished
  • Main Level Sq Ft: 1818
  • Door Features: French Doors

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Brick Paver Patio, In Ground Pool, Outdoor Grill, Fire Pit
  • List Price: 580000
  • Lot Features: Fenced Yard, Landscaped, Mature Trees, Outdoor Lighting
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space,Island,Pantry-Walk-in,Custom Cabinetry,Granite Counters,Hearth Room

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Tri-Valley Elementary School
  • High School: Tri-Valley High School
  • Middle/Junior School: Tri-Valley Junior High School
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 0.86
  • Lot Dimensions: 130X290
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 11135.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 19, 2022
Sold by
Schipp Jonathan and Schipp Ashton
Bought by
Bowen Shawn Andrew and Bowen Ashley Brooke
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Jay Ricketts
RE/MAX Choice
List Price
$625,000
Sold Price
$510,000
Premium/Discount to List
-$115,000
-18.4%
Current Estimated Value
$638,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,040
Avg. Annual Appreciation
7.30%
Original Mortgage
$408,000
Outstanding Balance
$390,979
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$247,061

Purchase Details

Closed on
May 16, 2016
Sold by
Lay Christopher and Hicks Lay Rosemary
Bought by
Schipp Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.89%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Lay Christopher and Hciks Lay Roemary
Bought by
Lay Christopher

Purchase Details

Closed on
Dec 28, 2011
Sold by
Northern Trust Company
Bought by
The Commerce Trust Company and Brenden M Lay Trust
Source: Public Records

Range of Values:

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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
Bowen Shawn Andrew $535,333 Marvel Richard T
Schipp Jonathan $415,000 Mclean County Title
Lay Christopher -- Attorney
The Commerce Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Shawn Andrew $408,000
Previous Owner Schipp Jonathan $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $510,000 -12.1% $86 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $580,000 -7.2% $98 / Sq Ft
05/12/2022 05/12/22 For Sale $625,000 +50.6% $106 / Sq Ft
07/14/2017 07/14/17 Sold $415,000 -11.7% $101 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $469,900 -- $115 / 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 $11,526 $192,845 $37,400 $155,445
2022 $11,526 $144,263 $30,765 $113,498
2021 $11,135 $138,741 $29,587 $109,154
2020 $11,405 $141,811 $29,587 $112,224
2019 $11,407 $141,811 $29,587 $112,224
2018 $11,320 $140,699 $29,355 $111,344
2017 $11,131 $138,333 $28,861 $109,472
2016 $15,569 $190,465 $28,595 $161,870
2015 $15,893 $189,104 $28,391 $160,713
2014 $15,091 $185,889 $32,841 $153,048
2013 -- $185,889 $32,841 $153,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402170

Midwest Real Estate Data (MRED)

APN: 22-29-402-004