NOT LISTED FOR SALE

505 Torchlight Ln Lebanon, IL 62254

Estimated Value: $600,000 - $649,946

4 Beds
3 Baths
3,242 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2018

Last sale price $416,500 $128 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,483 / mo

56 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Ranch Style House
  • Moye Elementary School Rated A-
  • Open Floorplan
  • Walk-In Pantry

About This Home

As of December 2018

Absolutely stunning 4-bedroom, completely custom, 3,200 sf ranch home. The main level consist of 2,100 SF and the basement has 1,142 finished SF. This home features an open floor plan with an eat-in-kitchen, an over-sized island with a breakfast area and a large walk-in pantry. Hand-scraped Engineered Hardwood flooring flows throughout the kitchen, great room, hallways and all main level bedrooms. There are 3 bedrooms and 2 bathrooms on the main level and walk-in closets in every bedroom. The master bathroom has a large walk-in shower and two separate vanities. Other features include custom kitchen cabinetry which include soft close doors and drawers with full overlay fronts, crown molding and light rail mold, custom built range hood. There are custom built lockers just off the laundry room, the great room features a coffered ceiling and a gas direct vent fireplace, two covered patios, 3-car garage.

Last Agent to Sell the Property

Chad Holland

CR Holland Real Estate LLC License #471010853 Listed on: 10/05/2018

Last Buyer's Agent

Tiffany Paschall

RE/MAX Alliance License #475165566

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 124x128x48x74x124
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • New Construction
  • Ranch Style House

Interior Spaces

  • Open Floorplan
  • Historic or Period Millwork
  • Coffered Ceiling
  • Electric Fireplace
  • Great Room with Fireplace
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • 9 Foot Basement Ceiling Height

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Built by State Construction

Home Details

Home Type

Single Family

Lot Details

0.34 Acres

Parking

3

Listing Details

  • Property Type: New Construction
  • Type: Single Family
  • Style: 1 Story
  • Style Description: Ranch
  • Homebuilder: State Construction
  • Special Description: Spec Home
  • Year Built Exception: New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: 9 ft + pour
  • Bedroom Types: Main Floor Master, Master Bdr. Suite
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Great Room
  • Fireplace Type: Electric
  • Interior Amenities: Coffered Ceilings, Open Floor Plan, Special Millwork, Walk-In Closets
  • Kitchen: Breakfast Room, Center Island, Custom Cabinetry, Eat-In Kitchen, Pantry, Walk-In Pantry
  • Lower Level Bedrooms: 1
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Total Living Area: 3242.00
  • Appliances: Dishwasher, Disposal, Downdraft/Cooktop, Microwave
  • Bathrooms: 3.00
  • Bedrooms: 4.00
  • Square Footage: 2100
  • Square Footage Below Grade: 1142
  • Total Full Baths: 3
  • Number Fireplaces: 1

Garage/Parking

  • Garage Size: 24'4x36'8
  • Garage Spaces: 3
  • Parking: Attached Garage

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central Air
  • Heating: Gas, Forced Air 90+

Lot Info

  • Lot Description: Level Lot, Sidewalks
  • Lot Dimensions: 124x128x48x74x124
  • Lot Number: 36

Tax Info

  • Taxes Paid: 30
  • Taxes Paid Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Cliff Derek and Cliff Cleopatra
Bought by
Wilkes Akilah
Current Estimated Value
$625,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,360
Outstanding Balance
$398,326
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$227,661

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 21, 2018
Sold by
S M R Llc
Bought by
Cliff Derek and Cliff Cleopatra
Seller's Agent
Chad Holland
CR Holland Real Estate LLC
Buyer's Agent
Tiffany Paschall
RE/MAX Alliance
List Price
$429,000
Sold Price
$416,500
Premium/Discount to List
-$12,500
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$333,200
Interest Rate
4.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilkes Akilah $469,000 Community Title Shiloh Llc
Cliff Derek $416,500 Benchmark Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkes Akilah $445,360
Previous Owner Cliff Derek $333,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $416,500 -2.9% $128 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $429,000 -- $132 / Sq Ft
Source: MARIS MLS

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 $13,345 $189,080 $23,709 $165,371
2023 $12,260 $167,818 $21,043 $146,775
2022 $12,025 $154,287 $19,346 $134,941
2021 $10,594 $139,446 $19,407 $120,039
2020 $10,513 $131,999 $18,371 $113,628
2019 $10,270 $131,999 $18,371 $113,628
2018 $305 $344 $344 $0
2017 $15 $358 $358 $0
2016 $30 $350 $350 $0
2014 $14 $346 $346 $0
2013 $30 $341 $341 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS18079429

MARIS MLS

APN: 04-08.0-208-005

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