505 E State St, Mahomet, IL 61853
Property image
Property image
OFF MARKET

$217,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,565 sqft

505 E State St, Mahomet, IL 61853

Refinance Your Home
Currently Off Market - Sold Jul 17, 2024 for $192,000

Home Value

Trulia Estimate
$218K
Since last month
Increased$400 (+0.2%)
Since last year
Increased$13K (+6.3%)
Since last sale
Increased$26K (+13.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +86% in the last 10 years
MonthEstimated value
2026
August 2026$218K
August 2026$218K
July 2026$218K
June 2026$222K
May 2026$222K
April 2026$219K
March 2026$215K
February 2026$210K
January 2026$207K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
209 N Jefferson St, Mahomet, IL
0.05
Single-Family Home
$237,000
08/03/26
3
1.5
1,639
403 E State St, Mahomet, IL
0.11
Single-Family Home
$214,000
12/19/25
3
2
1,580
306 Willow Ln, Mahomet, IL
0.16
Single-Family Home
$212,000
07/24/26
3
2
1,269
305 N Jefferson St, Mahomet, IL
0.08
Single-Family Home
$250,000
07/08/26
3
2
1,200
506 E State St, Mahomet, IL
0.04
Single-Family Home
$205,000
05/29/26
3
1
1,438
205 N Jefferson St, Mahomet, IL
0.06
Single-Family Home
$212,500
06/30/26
3
1
1,089
412 Weathering Dr, Mahomet, IL
0.22
Single-Family Home
$235,000
11/12/25
3
2
1,816
405 E Sangamon St, Mahomet, IL
0.45
Single-Family Home
$231,000
06/18/26
3
2
2,520
106 E Union St, Mahomet, IL
0.38
Single-Family Home
$215,000
02/10/26
3
1
1,347

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
417 E State St, Mahomet, IL 61853
0.02
$183,800
1
1
1,041
Off Market
506 E State St, Mahomet, IL 61853
0.04
$205,000
3
1
1,438
Recently Sold
412 E State St, Mahomet, IL 61853
0.07
$199,100
3
1
1,031
Off Market
209 N Jefferson St, Mahomet, IL 61853
0.05
$237,000
3
1.5
1,639
Recently Sold
405 E State St N, Mahomet, IL 61853
0.10
$179,000
2
2
1,061
Off Market
205 N Jefferson St, Mahomet, IL 61853
0.06
$212,500
3
1
1,089
Recently Sold
305 N Jefferson St, Mahomet, IL 61853
0.08
$250,000
3
2
1,200
Recently Sold
403 E State St, Mahomet, IL 61853
0.11
$214,000
3
2
1,580
Recently Sold
308 N Jefferson St, Mahomet, IL 61853
0.11
$292,500
2
2
1,894
Recently Sold
306 Willow Ln, Mahomet, IL 61853
0.16
$212,000
3
2
1,269
Recently Sold
221 Augusta Dr, Mahomet, IL 61853
0.17
$220,000
4
1
1,236
Recently Sold

Local Information

  • Map ViewExplore the area around 505 E State St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
1,565 sqft
$139/sqft
1 Car Garage

About this House

Conveniently located on East State Street, this home offers easy access to downtown Mahomet's shops, restaurants, parks, and schools. Enjoy the convenience of small-town living with the amenities of a larger city just blocks away. Brand new furnace and AC installed in 2024, new vinyl plank flooring on 1st level, with a remodeled tile bathroom. Boasting three bedrooms and two bathrooms, this home offers ample living space for families of all sizes. The open floor plan creates a seamless flow between the living areas, perfect for entertaining guests or simply relaxing with loved ones. Laundry room is attached to 1.5 car garage that comes with a new roof. This property has been owner occupied, long term rental, and currently used as Airbnb rental to fit whatever real estate needs interests you. Easy access to major highways and public transportation makes commuting a breeze, whether you're headed to work or exploring the surrounding area. Agent owned.
505 E State St, Mahomet, IL 61853 is a 3 bedroom, 2 bathroom, 1,565 sqft single-family home. It last sold for $192,000 on Jul 17, 2024 (8% below the $208,000 asking price). More recently, it was listed as a rental in February 2023 with an asking price of $1,500 per month. That rental listing was removed on February 24, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $217,800, with a rent estimate of $1,879/month.
Last check for updates: about 16 hours ago
Listed by Quentin McNew, (217) 552-4062
eXp Realty-Schaumburg
Bought with: Carol Meinhart, ABR,GRI,SFR, (217) 840-3328, The Real Estate Group,Inc
Source: MRED as distributed by MLS GRID, MLS#11997307

Home Details for 505 E State St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1565 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: On Site,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 151315176041

Price & Status

Price
List Price: $208,000
Status Change & Dates
Off Market Date: Sat May 18 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Mahomet
School Information
Elementary School: Mahomet Elementary SchoolElementary School District: 3Jr High / Middle School: Mahomet Junior High SchoolJr High / Middle School District: 3High School: Mahomet-Seymour High SchoolHigh School District: 3

Agent Information

Buyer Agent
Buyer Company Name: SellingHomes 24-7 Team

Building

Building Area
Building Area: 1565 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 7425 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 11997307

Additional Information

Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jul 17, 2024
Source: MRED as distributed by MLS GRID #11997307
Sold
$192,000
May 20, 2024
Source: MRED as distributed by MLS GRID #11997307
Contingent
$208,000
Mar 25, 2024
Source: MRED as distributed by MLS GRID #11997307
PriceChange
$208,000
Price decreased by 4%
Mar 6, 2024
Source: MRED as distributed by MLS GRID #11997307
Listed For Sale
$216,000
Jan 21, 2024
Source: MRED as distributed by MLS GRID #11902283
ListingRemoved

Market trends in Mahomet

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79
7MoM

Around this home

What Locals Say about Mahomet

At least 62 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 88 % Say people would walk alone at night

  • 88 % Say kids play outside

  • 86 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 84 % Say yards are well-kept

  • 78 % Say it's quiet

  • 73 % Say neighbors are friendly

  • 60 % Say it's walkable to restaurants

  • 59 % Say there's wildlife

  • 59 % Say there are sidewalks

  • 56 % Say they plan to stay for at least 5 years

  • 49 % Say streets are well-lit

  • 36 % Say there are community events

  • 34 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • The Onyx Group
    "Many owners do not decide their dogs properly. Occasionally they get out of an unlocked gate or wanted from yards. There are also many unsupervised small children running in the street outside of school hours. "
    0
    Flag
  • Richard L.
    "Great place to raise children. I have two that went to school in Mahomet and three grand kids that attended Mahomet schools."
    1
    Flag
  • Cnm
    "good sized front and back yards. most houses have fences and there is relatively low traffic. good sidewalks for walking dogs."
    0
    Flag
  • Mary H.
    "The neighborhood is quiet and feels safe. The neighbors are friendly. A church is across the street. Nice neighborhoods to go walking. Restaurants and grocery store is only a five minute drive. The larger city of Champaign is only a 15 minute drive. "
    1
    Flag
  • John O.
    "Spacious yards and low traffic streets are great for dog walking. Also there are two parks within 5 min."
    0
    Flag
  • Claudette M.
    "There is never any traffic. I can get from point a to b without delay! Even going into town doesn’t take long."
    0
    Flag
  • Mike.haines63
    "I've live in the Mahomet area for 30 years in 3 different locations. All have been great locations. Taxes are high but so are the home values. Good schools and several entertainment options."
    0
    Flag
  • Mike h.
    "Mahomet is a bedroom community of Champaign-Urbana and is a quick 10 minute drive to the west side of C-U."
    0
    Flag
  • Richard L.
    "We have a park behind our house with a one mile walking path, playground, two baseball diamonds and basketball courts. "
    0
    Flag
  • Richard L.
    "My backyard neighbor is a city park with a one mile walking path, playground for kids, basketball courts and two baseball fields. Great for a family."
    1
    Flag
  • Richard L.
    "I have lived in the neighborhood for over thirty years. We have a great park next to our backyard with a one mile walking path, two baseball diamonds, basketball courts and a play area for kids."
    1
    Flag
  • shepeg64
    "Friendly people good schools safe and accessible parks and trails love living here and want to find a bigger home here "
    0
    Flag
  • Claudette
    "The school system is absolutely awesome. All of my neighbors are very friendly and my kids love it here as well! I’m so glad I decided to move down here. The affordability is also a contributing factor in my moving. "
    0
    Flag
  • Taras898
    "Families and community are a big part of what this subdivision is about. Subdivision amenities are wonderful for an active lifestyle and convenience. Low turnover in availability. "
    0
    Flag

LGBTQ Local Legal Protections

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

Frequently asked questions about 505 E State St

  • What is 505 E State St estimated to be worth?
    Trulia's estimated value for 505 E State St in Mahomet, IL is $217,800.
  • What is the price history for 505 E State St?
    505 E State St in Mahomet, IL last sold for $192,000 in July 2024.
  • Is Mahomet a buyer's or seller's market?
    Mahomet is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Mahomet?
    Residents describe Mahomet, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Mahomet, IL.
  • Does 505 E State St have air conditioning?
    Yes, 505 E State St in Mahomet, IL has air conditioning.
  • Does 505 E State St have laundry facilities?
    Yes, 505 E State St in Mahomet, IL has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Outdoor Space

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