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505 Dorchester Court

505 Dorchester Court, Mahomet, IL 61853
Property in Mahomet
Sold Feb 09, 2022
$213,000
$215,151 by First State Mortgage Services
Mortgage Due Mar 01, 2052
Sold Feb 16, 2005
$140,000
$125,000 by State Farm Bank Fsb
Mortgage Due Mar 01, 2035
505 Dorchester Court has been categorized by the local assessors in Mahomet, IL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The area measurement of the land has been determined as 20,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Dorchester Court sold most recently in Feb 4, 2022 for a total of $213,000. If you work out the math, that's approximately a cost of $178.09 per sqft. Before that, the property was also sold for $140,000 in Feb 9, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,188 in taxes each year. 505 Dorchester Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,320. If we break it down further, the land itself was valued at $12,800. Improvements to the property, however, were assessed at a total of $45,520. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,250
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WENDOVER HEIGHTS 2ND PLAT
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 54 WENDOVER HEIGHTS 2ND PLAT

Ownership

  • Current Owner : WISEHART CHRISTINE
  • Previous Owner : LEWMAN
  • Previous Owner 2: TROY
  • Owner Before Previous Owner: MCCARTNEY FLYNN
  • Owner Before Previous Owner 2: GULLION LINSEY B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010601

Geography

  • District: 15
  • Parcel: 15-13-10-352-006
  • Lot: 54
  • Meridian: SEC 10 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.201
  • Longitude: -88.4065

    Address

  • Full Address: 505 Dorchester Ct
  • Address - House Number: 505
  • Address - Street Name: Dorchester
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R005
  • 4-Digit Zip Code: 9538
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,188
  • Tax Rate Code Area: 1502

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 245,827
  • High Value: 298,023
  • Low Value: 193,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,151
  • First Open Lien Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $215,151
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $174,960
  • Market Land Value: $38,400
  • Market Improvement Value: $136,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,320
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $45,520

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11879574580
  • Current Sale Price: $213,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2535
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Contract Date: Feb 09, 2005
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Feb 09, 2022
  • First Mortgage Loan Amount: $215,151
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STATE FARM BANK FSB
  • Previous Mortgage Transaction Date: Feb 16, 2005
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Mahomet



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 505 Dorchester Court located in?
The 505 Dorchester Court is a located in the neighborhood of Mahomet in Mahomet, Mahomet.
What is the average sales price for listings in 505 Dorchester Court?
The average sales price for units in 505 Dorchester Court is $0 currently.

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