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505 Oda Drive

505 Oda Drive, Mahomet, IL 61853
House in Mahomet
Sold Jul 28, 2021
$235,000
$211,500 by State Bank Of Bement
Mortgage Due Aug 01, 2051
Sold Jul 24, 2019
$185,000
$186,868 by Regions Bank
Mortgage Due Aug 01, 2049
Local assessors in Mahomet, IL have categorized 505 Oda Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 9,444 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 374 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 23, 2021 for $235,000. That's $205.42 per sqft. Prior to that sales transaction, the property was also sold in Jul 9, 2019 for $185,000. 505 Oda Drive was last assessed in 2022. The total value of the property was assessed at $48,100. Specifically, the land the property is located on was valued at $14,930. While improvements on the property were assessed at a total of $33,170. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,370. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: Garage
  • Garage Square Area: 374
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,444
  • Total Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERVIEW SUB, 10TH PLAT
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 106 TIMBERVIEW SUB, 10TH PLAT

Ownership

  • Current Owner : COLE KATHRYN W
  • Current Owner 2: COLE WILLIAM E
  • Previous Owner : SMITH TIMOTHY CHAD
  • Previous Owner 2: SMITH LAUREN
  • Owner Before Previous Owner: VOLK PATRICK A
  • Owner Before Previous Owner 2: VOLK LISA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • District: 15
  • Parcel: 15-13-16-208-008
  • Lot: 106
  • Meridian: SEC 16 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.1968
  • Longitude: -88.4152

    Address

  • Full Address: 505 Oda Dr
  • Address - House Number: 505
  • Address - Street Name: Oda
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R004
  • 4-Digit Zip Code: 9138
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,370
  • Tax Rate Code Area: 1502

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 243,313
  • High Value: 294,974
  • Low Value: 191,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,500
  • First Open Lien Mortgage Lender: STATE BANK OF BEMENT
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $211,500
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $144,300
  • Market Land Value: $44,790
  • Market Improvement Value: $99,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,100
  • Assessed Land Value: $14,930
  • Assessed Improvements Value: $33,170

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11845187259
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R17857
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jul 09, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK OF BEMENT
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $211,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Loan Amount: $186,868
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Mahomet



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Frequently Asked Questions

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

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