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<Back to Page			Property 9 of 28 Selections

1304 Cross CReek Rd, Mahomet

$845,000

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Address: 1304 Cross Creek Rd	City/ST: Mahomet, IL	Zip Code: 61853
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 5250
Bedrooms: 4	Bathrooms: 3 full, 1 half	MLS# 2094936
Property Tax: 18785

Exquisite elegance and warm comfort are waiting for your family in this quality built custom estate situated in Mahomet's admired Oak Creek Estates Subdivision. Beautiful grand entry into marbled foyer with elegant view of the formal living area, featuring cathedral ceilings, gorgeous gas fireplace and double French doors accessing the fenced backyard, inground pool and fabulous landscaping. Elegant Master Suite with walk-in shower, garden tub, large walk-in closet with built-ins and additional access to backyard recreation. Lovely French door entry into den offering built-in bookcases and a tray ceiling. Superb kitchen with granite countertops, new tiled back splash, desk area, pantry, tray ceiling and exterior access to backyard. Sunken family room with vaulted ceiling, two-way fireplace through to inviting sunroom with imported tile from Greece, sunny skylights and access to pool and patio. Bedrooms two and three with 9' ceilings and a separate laundry room with utility sink and closet, plus 1.5 baths complete the main level of this home. Full finished walk-out basement includes recreation room with gas fireplace, wet bar with granite top, bonus area/theatre room, exercise room, large unfinished storage area with shelves, and a guest suite with full bath and double closets. Large attached garage includes built-in cabinets and pulldown attic storage for added convenience. Updates include new roof and extensive landscaping. Extraordinary value in Oak Creek!

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Financing Your Home >More On ARMs

Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.

One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.

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Q	What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?
A	The Georg Muller House in Milbach, PA, built in 1752.
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Russ Taylor, REALTOR�, real estate agent and broker for Mahomet, Champaign and Urbana, Illinois home listings, property and land for sale - NUMBER1EXPERT

Russ Taylor
RE/MAX Realty Associates
116 S. Lombard
Mahomet, IL 61853
217-898-7226
Fax: 217-586-3774
russtaylor@NUMBER1EXPERT.com

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