Sold827d on market
503 S Lake Of The Woods Rd
Mahomet, IL, 61853 • 61853 • Champaign County
$210,000
$66/sqft
3Beds
1Baths
3,200Sqft
1.8 acLot
1957Built
Property DNA
2-Car Garage
On Site · Garage Owned · Detached · Garage
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
827 days on market
Established listing
$66/sqft
Price per square foot
About this home
Single Family · Built 1957
Calling all Investors!! Check out this awesome real estate opportunity sitting on 1.8 Acres in Mahomet. Could be your future location for a home, flip, OR turn this into a commercial real estate location. Turn the first floor into office space with the second level being a personal residence or rental. Would be an excellent opportunity to use the land to start fresh and turn into an awesome business location. Call Today!
Estimated monthly payment
Based on current rates
$1,372/month
Principal & Interest$1,092
Property Tax$210
Insurance$70
Down payment20% ($42,000)
3%50%
Est. 6.77% rate · 30yr fixed · $168,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1957
HeatingNone
CoolingNone
Parking2 Garage spaces
Lot1.81 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1957
Stories1
Systems
HeatingNone
CoolingNone
RoofAsphalt
ConstructionVinyl Siding
Water / SewerShared Well / Septic Tank
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementNone
Lot1.81 Acres
Location & Tax
Neighborhood61853
Annual tax$3,801
Parcel151315426005
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Heating
None
Cooling
None
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Detached
Garage
Construction
Vinyl Siding
Lot Features
Corner Lot
Mature Trees
Community
Sidewalks
Street Lights
Street Paved
Room details
19 rooms detailed
Master Bedroom
Main17×12 ft204 sqft
Bedroom2
Main11×11 ft121 sqft
Bedroom3
Main11×11 ft121 sqft
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market827
Est. value$255,300
Est. rent$1,609/mo
Tax rate2.17%
Price/sqft$66
On marketAug 29, 2023
PostedAug 29, 2023
Last sold$210,000
MLS statusClosed
MLS updatedJan 4, 2024
Tour days6
Views3
How are the schools in Mahomet?
3 schools rated nearby
Location
Mahomet, IL, 61853
Price history
3 events
DateEventPrice$/sqftSource
Jan 3, 2024Sold$210,000$66MRED as distributed by MLS GRID
Nov 30, 2023Pending Sale$250,000$78MRED as distributed by MLS GRID
Aug 29, 2023Listed For Sale$250,000$78MRED as distributed by MLS GRID
Sold$210,000
Jan 3, 2024•$66/sqft•MRED as distributed by MLS GRID
Pending Sale$250,000
Nov 30, 2023•$78/sqft•MRED as distributed by MLS GRID
Listed For Sale$250,000
Aug 29, 2023•$78/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2024$4,389$62,770
Apr 10, 2023$4,053$57,060
Apr 10, 2022$3,773$52,590
Apr 10, 2021$3,585$49,710
Apr 10, 2020$3,524$48,870
Apr 10, 2019$2,565$48,100
Apr 10, 2018$2,565$47,070
Apr 10, 2017$2,432$44,830
Apr 10, 2016$2,424$44,830
Apr 10, 2015$2,424$44,830
Apr 10, 2014$2,357$43,950
Apr 10, 2013$2,225$42,190
Apr 10, 2012$2,273$42,190
Apr 10, 2011$2,335$42,190
Apr 10, 2010$2,324$43,950
Apr 10, 2009—$43,950
Apr 10, 2008—$42,960
Apr 10, 2007$2,147$42,960
Apr 10, 2006$2,039$37,190
Apr 10, 2005$2,095$34,590
Apr 10, 2004$1,999$34,590
Apr 10, 2003$1,963$32,940
Apr 10, 2002$1,928$31,370
Apr 10, 2001$1,827$29,910
Apr 10, 2000$1,756$28,790
Nearby homes
Neighborhood details
Local context around this listing
Mahomet, IL • Champaign County
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61853
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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