Off Market Oct 2020 for $266K

$364,500

Est. refi paymentEst. refi $1,433/mo

•

2 ba

•

1,931

sq ft

506 S Spring Lake Rd, Mahomet, IL 61853

About this home

Welcome home! This waterfront home on Mahomet's Spring Lake will be your own retreat! The recently landscaped exterior adds to the character of the property and is sure to impress. The welcoming foyer leads you to the heart of the home, which features a stunning open concept living room, dining room and kitchen combo with cathedral ceilings and skylights. Flanked with large sliding glass doors, the open space offers tons of natural light and a beautiful view of the lake! The updated kitchen dazzles with its modern cabinets, glimmering quartz countertops, and stainless steal appliances. Off the main living space is a spacious sunroom that offers more great views and could easily double as a playroom, den, or place for relaxation. French doors with a large transom window lead you to the resort-like owner's suite, which includes an updated full bath with walk-in shower, walk-in closet, and a private balcony overlooking the lake! The additional two bedrooms are spacious and feature windows with seating, large closets, newer carpet, and vaulted ceilings. At the end of the hall is the second full bath, which has been recently updated and feels like a spa. You will want to spend all your time outdoors, either at the koi pond in the front, on the large back patio, or at the private boat dock! There is an attached 2 car garage, as well as a shed in the back that is perfect for extra storage. Look no further, this is the retreat of your dreams!

Single-familyProperty Type

1992Year Built

0.38 acresLot Size

$189Est. Price/Sq.Ft.

2 spacesParking

Listed by Ryan Dallas • RYAN DALLAS REAL ESTATE

Bought with Nick Taylor • Taylor Realty Associates

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #10823651

Redfin Estimate

$364,500

$98K since sold in October 2020$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.1% higher than the average sale price ($311K) of 6 comparable homes.

SOLD AUG 7, 2026
$335,000
A
3 beds2.5 baths1,865 sq ft
302 Orchard St, Mahomet, IL 61853
SOLD OCT 31, 2025
$335,000
B
3 beds2 baths1,987 sq ft
102 Jennifer Dr, Mahomet, IL 61853
SOLD JUN 5, 2026
$348,000
C
3 beds2 baths2,212 sq ft
408 S Jeffery Dr, Mahomet, IL 61853
SOLD AUG 5, 2026
$265,000
D
3 beds2 baths1,549 sq ft
506 W Dunbar St, Mahomet, IL 61853
SOLD MAY 29, 2026
$255,000
E
3 beds2 baths1,560 sq ft
207 Timberview Dr, Mahomet, IL 61853
SOLD AUG 12, 2026
$329,900
F
3 beds2 baths1,994 sq ft
301 N Spruce Dr, Mahomet, IL 61853

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Earn from this home

Refinance

Est. cash available

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Rent

$1,488/mo

Redfin rental estimate

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Market trends in 61853, IL

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.1%

+0.0% MoM

Median sale price

$385K

$10K MoM

Avg. days on market

52d

4 days MoM

Recently sold homes

18 MoM

New listings for sale

$390,000
2 beds2 baths2,022 sq ft
1601 Delane Dr, Mahomet, IL 61853
$310,000
— beds— baths— sq ft
2579 County Road 600, Dewey, IL 61840
$510,000
3 beds2 baths1,542 sq ft
2577 County Road 600 E, Dewey, IL 61840
$180,000
3 beds2 baths1,080 sq ft
1105 James Ct, Mahomet, IL 61853
3D WALKTHROUGH
$775,000
4 beds3 baths2,213 sq ft
372 County Road 2700 Rd N, Mahomet, IL 61853
FOR SALE BY OWNER
$359,900
4 beds2 baths2,130 sq ft
905 Cedar Ridge Ct, Mahomet, IL 61853
$339,990
4 beds2.5 baths2,644 sq ft
1207 Southwood Dr, Mahomet, IL 61853
$1,560,000
4 beds3.5 baths3,936 sq ft
1304 Cross Creek Rd, Mahomet, IL 61853
3D WALKTHROUGH
$669,000
5 beds3 baths1,983 sq ft
1203 Morningside Ln, Mahomet, IL 61853
$600,000
4 beds2.5 baths2,652 sq ft
1516 W North Shore Dr, Mahomet, IL 61853
See all

Provided by Redfin

Sale history for 506 S Spring Lake Rd

Date

Event

Price

MRED as Distributed by MLS Grid #10823651

Oct 16, 2020

Sold (MLS) (Closed Sale)

$266,300

$138/sq ft

Aug 28, 2020

Pending (Contingent)

—

Aug 26, 2020

Listed (New)

$259,900

$135/sq ft

Public Records

Jun 1, 2016

Sold

$191,000

$99/sq ft

MRED as Distributed by MLS Grid #09453764

May 31, 2016

Sold (MLS)

$190,900

$99/sq ft

Apr 18, 2016

Listing Removed

—

Feb 12, 2016

Listed

$192,900

$100/sq ft

+17

Just Reduced $2000 and holding an OPEN HOUSE 2-4 Sunday 4/10! Waterfront home on Spring Lake where you can boat, swim, or just enjoy the beautiful view! Walk through the front door to a wall of sliding glass doors that open to a full view of the lake. Cathedral ceilings, skylights, and an open concept floorplan allow for the perfect space to entertain or spend time with family. The over-sized master suite features a private deck overlooking the lake. Bonus room could be used as a family room, office, or sun room. Koi pond in front yard, and backyard offers additional garage for extra storage. Fresh paint, refrigerator only 2 years old, newer black top driveway, and newer 90% efficiency furnace. Average utility bill only $136!

MRED as Distributed by MLS Grid #09436768

Oct 15, 2012

Sold (MLS)

$187,500

$97/sq ft

Aug 22, 2012

Listing Removed

—

Aug 2, 2012

Listed

$193,900

$100/sq ft

+19

Public Records

Jun 2, 2006

Sold

$182,500

$95/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,165 (+6.0%)

$19,170 + $70,920

$90,090

2024

$4,871 (+10.0%)

$19,170 + $70,920

$90,090

2023

$4,426 (+0.2%)

$18,030 + $66,720

$84,750

2022

$4,418 (+5.9%)

$16,390 + $56,930

$73,320

2021

$4,173 (+1.9%)

$15,110 + $52,470

$67,580

2020

$4,095 (+2.6%)

$14,280 + $49,590

$63,870

2019

$3,990 (+3.0%)

$13,820 + $47,990

$61,810

2018

$3,874 (+4.4%)

$13,520 + $46,960

$60,480

2017

$3,710 (+0.4%)

$12,880 + $44,720

$57,600

2016

$3,697 (−0.4%)

$12,880 + $44,720

$57,600

2015

$3,713 (+5.8%)

$12,880 + $44,720

$57,600

2013

$3,508

$12,340 + $42,830

$55,170

Tax history for 506 S Spring Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,165 (+6.0%)

$19,170 + $70,920

$90,090

2024

$4,871 (+10.0%)

$19,170 + $70,920

$90,090

2023

$4,426 (+0.2%)

$18,030 + $66,720

$84,750

2022

$4,418 (+5.9%)

$16,390 + $56,930

$73,320

2021

$4,173 (+1.9%)

$15,110 + $52,470

$67,580

2020

$4,095 (+2.6%)

$14,280 + $49,590

$63,870

2019

$3,990 (+3.0%)

$13,820 + $47,990

$61,810

2018

$3,874 (+4.4%)

$13,520 + $46,960

$60,480

2017

$3,710 (+0.4%)

$12,880 + $44,720

$57,600

2016

$3,697 (−0.4%)

$12,880 + $44,720

$57,600

2015

$3,713 (+5.8%)

$12,880 + $44,720

$57,600

2013

$3,508

$12,340 + $42,830

$55,170

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.38 Acres

Year renovated

—

Sq. Ft.

—

Year built

1994

Style

Single Family Residential

County

Champaign County

APN

151317326006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking Information
# of Cars: 2
# of Garage Spaces: 2
Garage Parking
Attached Garage
Garage On-Site
Owned Garage
Concrete Driveway

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms (Above Grade): 3

Master Bedroom Information
Size: 18X15
On Main Level
Carpet Flooring

Bedroom #2 Information
Size: 14X12
On Main Level
Carpet Flooring

Bedroom #3 Information
Size: 14X12
On Main Level
Carpet Flooring

Bathroom Information
# of Baths (Full): 2
Master Bath

Living Room Information
Size: 17X15
On Main Level
Carpet Flooring

Dining Room Information
Combined with Living Room
Size: 13X13
On Main Level
Ceramic/Porcelain Tile Flooring

Kitchen Information
Size: 12X12
Eating Area (Breakfast Bar)
On Main Level
Ceramic/Porcelain Tile Flooring

Laundry Room Information
Size: 12X5
On Main Level
Wood Laminate Flooring

Additional Rooms Information
Sun/Florida Room
Crawl Space

Additional Room #1 Information
Sunroom
Size: 17X10
On Main Level
Wood Laminate Flooring

Equipment
Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances, Oven/Built-in

Interior Features
Vaulted/Cathedral Ceilings, Skylight(s), 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)

Heating & Cooling
Gas Heating, Forced Air Heating
Central Air Conditioning

Exterior

Building Information
Sq. Ft. Source: Assessor
Age: 26-30 Years
Vinyl Siding

Property Features
Deck

Lot Information
Dimensions: 90.3X197.31X94.8X165.73
.25-.49 Acre
On Waterfront
Irregular, Lake Front, Mature Trees

Property Information
# of Rooms: 6
Ownership: Fee Simple
Main Sq. Ft.: 1931
Lower Sq. Ft.: 0
Basement Sq. Ft.: 0
Unfinished Basement Sq. Ft.: 0
Finished Basement Sq. Ft.: 0
Unfinished Lower Level Sq. Ft.: 0
Upper Level Sq. Ft.: 0
Aprox. Total Finished Sq. Ft.: 1931
Total Finished/Unfinshed Sq Ft: 1931
Parcel Identification Number: 151317326006

Financial

Financial Information
Tax: $3,990.02
Tax Year: 2019
Tax Exemptions: Homeowner
Special Assessments
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Well (Shared)
Septic (Private)

Location

Homeowners Association Information
Assessments/Association Dues: $500
Frequency: Annual
Assessment Includes: Includes Lake Rights

School Information
Elementary School: Mahomet Elementary School
Elementary School District: 3
Junior High: Mahomet Junior High School
Junior High District: 3
High School: Mahomet-Seymour High School
High School District: 3

Location Information
Subdivision: Spring Lake
Township: Mahomet
Corporate Limits: Mahomet
Directions: FROM US 150 TURN SOUTH ON 125 E

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.38 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: —
County: Champaign County
APN: 151317326006

Home facts updated by county records on Aug 7, 2026

Other

Listing Information
Sale Price Includes Parking
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: Yes
Seller Concessions Amount/Points: 3000

Around this home

Schools
Places
Transit

Lincoln Trail Elementary School

Public 3-5 • Assigned • 1.9mi

8/10

Mahomet-Seymour Junior High School

Public 6-8 • Assigned • 1.7mi

9/10

Mahomet-Seymour High School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 104° expected this year, 19 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Mahomet, IL • 61853

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.7 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$347,000 – $420,000

Sell confidently with a local market expert in Mahomet. 3 minutes to get started.

Nearby similar homes

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3D WALKTHROUGH

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New listings for sale in 61853

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2579 County Road 600, Dewey, IL 61840

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FOR SALE BY OWNER

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3D WALKTHROUGH

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Home values near 506 S Spring Lake Rd

Data from public records.

Address	Redfin Estimate
406 South Spring Lake Rd, Mahomet, IL 4 Beds \| 3.5 Baths \| 2814 Sq. Ft.	$486,304
510 South Spring Lake Rd Apartment 1, Mahomet, IL - Beds \| - Baths \| - Sq. Ft.	$142,709

Address	Redfin Estimate
408 South Spring Lake Rd, Mahomet, IL 5 Beds \| 3.5 Baths \| 5538 Sq. Ft.	$569,557
403 South North Shore Dr, Mahomet, IL - Beds \| - Baths \| - Sq. Ft.	$409,576

Address	Redfin Estimate
407 South Spring Lake Rd, Mahomet, IL 3 Beds \| 1.5 Baths \| 2214 Sq. Ft.	$317,719
501 South North Shore Dr, Mahomet, IL 4 Beds \| 3 Baths \| 2479 Sq. Ft.	$377,537

Property information provided by MRED as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 61853, IL

Sale history for 506 S Spring Lake Rd

Tax history for 506 S Spring Lake Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 61853

Home values near 506 S Spring Lake Rd

More real estate resources