NOT LISTED FOR SALE

1002 Cascade Dr Savoy, IL 61874

Estimated Value: $592,000 - $640,000

5 Beds
4 Baths
2,739 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $497,900 $182 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,286/month

Highlights

  • Recreation Room
  • Wood Flooring
  • Mud Room
  • Central High School Rated A
  • Main Floor Bedroom
  • Lower Floor Utility Room

About This Home

As of April 2022

This home is stunning with a light-contemporary color palette with dark-hardwood flooring, white quartz counters and white cabinetry. An open floor plan in the center of the home will captivate you with 11' ceilings, a floor to ceiling stone fireplace, tons of windows to the east and a spacious kitchen with a huge island with extra seating. Tiled backsplash, stainless steel apps, glass front accent cabinets, a walk-in pantry and loads of natural light make the difference. Off the kitchen is a large mudroom with built-in lockers and easy access to both the 1st floor full bath and bedroom/office. A flex room off the entry completes the first floor and easily works as a sitting room, dining room or play area. The 2nd level features a unique floor plan with an expansive master suite (your private bath provides dual vanities, walk-in closet, walk-in tiled shower with dual shower heads and a jetted tub!). 3 additional bedrooms each offer a unique feature; 10' ceiling, walk-in closets, step-up bedroom level. The 2nd floor laundry room does not disappoint with quartz countertops, white cabinets, tiled floor and hanging racks. You just might enjoy doing laundry! Downstairs you'll find a 6th bedroom or home office and the 4th full bath along with a wet bar. The amount of space provides multiple layout options for a family room, game room, gaming table, etc. (and plenty of extra storage!). Don't forget the backyard with an expanded patio area, privacy fence and almost 1/4 of an acre in lot size. This yard faces the east for extra shade in the summer.

Last Agent to Sell the Property

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749 Listed on: 02/04/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Rick Wilberg

eXp Realty-Champaign License #475126832

eXp Realty-Champaign

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,661

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 115.1x7.98x76.7x120x83
  • Fenced Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Radon Mitigation System

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Office Association, Phone Number (217) 355-1202
  • Lake Falls Subdivision
  • Property managed by Signature Homes

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,661

Year Built

Built in 2018

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lake Falls
  • Year Built: 2018
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 217 LAKE FALLS SUB PHASE 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, First Floor Bedroom, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2739
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Bedroom 5, Breakfast Room, Bedroom 6, Recreation Room, Mud Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 3748
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 4013

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Signature Homes
  • Management Contact Name: Office
  • Management Phone: 217-355-1202
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351

Lot Info

  • Lot Dimensions: 115.1X7.98X76.7X120X83
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10660.98
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 2, 2020
Sold by
Cartus Corporation
Bought by
Edwards John Riley and Edwards Kristin L
Seller's Agent
Reggie Taylor
Coldwell Banker R.E. Group
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$419,900
Sold Price
$413,375
Premium/Discount to List
-$6,525
-1.55%
Current Estimated Value
$619,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,577
Avg. Annual Appreciation
7.06%
Original Mortgage
$392,706
Outstanding Balance
$188,275
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$431,677

Purchase Details

Closed on
Sep 23, 2019
Sold by
Fairman William S and Fairman Carissa A
Bought by
Cartus Corporation

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 1, 2018
Sold by
Signature Homebuilders Llc
Bought by
Fairman William S and Fairman Carissa A
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Bill Craig
RE/MAX REALTY ASSOCIATES-CHA
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$386,910
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2016
Sold by
Savoy Developers Winc
Bought by
Signature Homebuildrs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,840
Interest Rate
4.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edwards John Riley $413,500 Burnet Title Post Closing
Cartus Corporation $417,500 Burnet Title Post Closing
Fairman William S $430,000 First Community Title
Signature Homebuildrs Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards John Riley $392,706
Previous Owner Fairman William S $386,910
Previous Owner Signature Homebuildrs Llc $695,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2022 04/21/22 Sold $497,900 0.0% $182 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $497,900 +20.4% $182 / Sq Ft
01/16/2020 01/16/20 Sold $413,375 -1.6% $154 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $419,900 -2.3% $157 / Sq Ft
07/12/2018 07/12/18 Sold $429,900 0.0% $163 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $429,900 -- $163 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,155 $172,150 $27,460 $144,690
2023 $12,155 $159,850 $25,500 $134,350
2022 $11,527 $148,560 $23,700 $124,860
2021 $10,876 $140,950 $22,490 $118,460
2020 $10,661 $137,780 $21,980 $115,800
2019 $10,822 $141,920 $21,680 $120,240
2018 $6,784 $85,410 $21,680 $63,730
2017 $1,652 $170 $170 $0
2016 $12 $160 $160 $0
2015 -- $150 $150 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11313188

Midwest Real Estate Data (MRED)

APN: 29-26-01-487-002