Sold97d on market
509 Lakewood Dr
Troy, IL, 62294 • 62294 • Madison County
$499,000
$108/sqft
5Beds
4Baths
4,615Sqft
0.54 acLot
1990Built
Property DNA
Modern Style
Built 1990 · 36 years of history
Lake Terrace Estates
62294
2 Fireplaces
Den · Family Room · Masonry · Wood Burning
Private Pool
Above Ground · Outdoor Pool
4-Car Garage
Attached · Driveway · Garage · Garage Faces Front
Premium Finishes
Crown Molding
This home is getting attention
Listed 97 days ago · 18 views
Market activity
Demand and pricing signals for this listing
18 views
People checking out this listing
97 days on market
Established listing
$108/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 47% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1990
THIS FIVE BEDROOM, FOUR BATH, CUSTOM BUILT TROY HOME IS READY FOR A NEW FAMILY. Special features include a large kitchen with quartz counter tops, custom cabinetry and stainless steel appliances, laundry room and office. The main level also includes a family room, with fireplace, formal dining and living room, crown molding, beautiful entrance foyer with double closets, and a lot of hardwood flooring. Primary bedroom offers two walk in closets and cathedral ceiling, the en-suite bath features a duel sink vanity, large shower, jetted tub and skylight. Additional second floor bedrooms are large and comfortable with generous closet space. The second family room with fireplace, full bath with steam shower, large kitchen/recreation area, workout room, storage room and additional bedroom complete the lower walk out level. Outside offers a screened porch, large Trex deck and maintenance free privacy fence. There is a 24 x 10 patio, small private courtyard and pool! For the car enthusiast, each oversized two car garage has it's own driveway & second garage is attached with a covered walkway. This is a convenient & desirable location in a great school district. All room measurements in attached floor plan. Call for your private showing today.
Standout features identified
Our analysis highlights family room with fireplace, crown molding, and oversized two car garage as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,123/month
Principal & Interest$2,458
Property Tax$499
Insurance$166
Down payment20% ($99,800)
3%50%
Est. 6.25% rate · 30yr fixed · $399,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1990
HeatingForced Air, Natural Gas, Zoned
CoolingCentral Air, Dual
Parking4 Attached Garage spaces
Lot0.54 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleModern
ConditionUpdated/Remodeled
Year built1990
Systems
HeatingForced Air, Natural Gas, Zoned
CoolingCentral Air, Dual
ConstructionBrick, Frame
Water / SewerPublic / Aerobic Septic
Parking & Outdoor
ParkingAttached, Driveway, Garage, Garage Faces Front
Garage4 spaces
BasementWalk-Out Access
Fireplaces2
FencingBack Yard,Privacy,Vinyl
Lot0.54 Acres
Location & Tax
Neighborhood62294
Annual tax$8,527
Parcel092220303301017
Bathrooms & Fees
Full baths4
Features & details
11 categories of property features
Interior Features
Interior
Breakfast Bar
Cathedral Ceiling(s)
Ceiling Fan(s)
Central Vacuum
Crown Molding
Double Vanity
Eat-in Kitchen
Entrance Foyer
Appliances
Stainless Steel Appliance(s)
Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Heating
Forced Air
Natural Gas
Zoned
Cooling
Central Air
Dual
Laundry
Main Level
Fireplace
Den
Family Room
Masonry
Wood Burning
Windows
Bay Window(s)
Drapes
Shutters
Skylight(s)
Stained Glass
Window Treatments
Exterior Features
Parking
Attached
Driveway
Garage
Garage Faces Front
Construction
Brick
Frame
Lot Features
Back Yard
Private
Some Trees
Sprinklers In Front
Sprinklers In Rear
Pool Features
Above Ground
Outdoor Pool
Listing insights
Market data and value estimates
StatusSold
Days on market97
Est. value$508,800
Est. rent$3,452/mo
Tax rate1.87%
Price/sqft$108
On marketJul 7, 2025
PostedAug 5, 2025
Last sold$499,000
MLS statusClosed
MLS updatedAug 25, 2025
Tour days6
Views18
How are the schools in Troy?
3 schools rated nearby
Location
Troy, IL, 62294
Price history
4 events
DateEventPrice$/sqftSource
Jan 7, 2026Sold$499,000$108Public Record
Aug 25, 2025Sold$499,000$108MARIS
Jul 26, 2025Contingent$499,999$108MARIS
Jul 7, 2025Listed For Sale$499,999$108MARIS
Sold$499,000
Jan 7, 2026•$108/sqft•Public Record
Sold$499,000
Aug 25, 2025•$108/sqft•MARIS
Contingent$499,999
Jul 26, 2025•$108/sqft•MARIS
Listed For Sale$499,999
Jul 7, 2025•$108/sqft•MARIS
Tax history
23 years of records
YearTax paidAssessed value
Apr 15, 2024$8,527$135,060
Apr 15, 2023$7,869$122,620
Apr 15, 2022$7,464$112,910
Apr 15, 2021$7,247$107,310
Apr 15, 2020$7,985$108,990
Apr 15, 2019$7,852$106,750
Apr 15, 2018—$98,900
Apr 15, 2017$7,553$98,900
Apr 15, 2016$6,736$96,840
Apr 15, 2015$6,736$93,630
Apr 15, 2014$6,736$93,630
Apr 15, 2013$6,736$93,630
Apr 15, 2012—$97,640
Apr 15, 2011—$97,640
Apr 15, 2010—$98,650
Apr 15, 2009—$96,310
Apr 15, 2007—$81,970
Apr 15, 2005—$77,700
Apr 15, 2004$5,200$79,730
Apr 15, 2003$4,863$74,960
Apr 15, 2002$4,629$71,050
Apr 15, 2001—$70,490
Apr 15, 2000$4,434$66,700
Nearby homes
Neighborhood details
Local context around this listing
Troy, IL • Madison County
Nearby cities
AltonBethaltoCollinsvilleEdwardsvilleGlen CarbonGodfreyGranite CityHighland
Nearby zip codes
62294
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