$536,000
SOLD MAY 9, 2025

1004 Cascade Dr Savoy, IL 61874

4 Beds
3.5 Baths
2,451 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Open Floorplan
  • Recreation Room
  • Wood Flooring
  • Central High School Rated A
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of May 2025

Welcome to luxury living in Lake Falls, Savoy! This stunning 5-bedroom, 3,187 sq. ft. home blends elegance and comfort with impeccable design and premium features. Step inside to a grand foyer with crown molding, wainscoting, and a show-stopping U-shaped staircase. The open-concept kitchen dazzles with a huge island, granite countertops, soft-close cabinetry, a walk-in pantry, and stainless appliances. A flex room, custom mudroom, and private powder room add extra convenience. The fenced backyard is entertainment-ready with custom landscaping and a stone patio. Upstairs, the luxurious master suite boasts a cathedral ceiling, a large walk-in closet, dual sinks, a tiled shower, and a soaking tub. Need more space? The fully finished basement features a wet bar, large family room, 5th bedroom, full bath, and huge storage area. Enjoy peace of mind with a whole-house dehumidifier and radon mitigation system. With stone accents, Pella windows, and Hunter Douglas blinds throughout, this home is the total package. Schedule your showing today!

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 02/28/2025

Last Buyer's Agent

Alejandra Hernandez

Taylor Realty Associates License #475211708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,513

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 77 x 120
  • Fenced

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,451 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Lake Falls Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,513

Year Built

Built in 2017

Lot Details

9,148 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lake Falls
  • Year Built: 2017
  • Age: 6-10 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 218 LAKE FALLS SUB PHASE 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Partially Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s), Open Floorplan, Granite Counters, Pantry
  • LivingArea: 2451
  • Room Type: Bedroom 5, Recreation Room, Foyer, Mud Room, Utility Room-Lower Level, Pantry, Walk In Closet
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 3187
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Family Room
  • Total Sq Ft: 3536
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Fencing: Fenced
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Upper Level, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 77 X 120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 11513
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 17, 2025
Sold by
Parsons Megan E and Parsons Nathan J
Bought by
Kempegowda Harish and Gaviyappa Sowmya
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Alejandra Hernandez
Taylor Realty Associates
List Price
$575,000
Sold Price
$536,000
Premium/Discount to List
-$39,000
-6.78%
Views
37
Current Estimated Value
$544,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,786
Avg. Annual Appreciation
3.22%
Original Mortgage
$370,697
Outstanding Balance
$359,049
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$191,606

Purchase Details

Listed on
Apr 28, 2016
Closed on
Nov 1, 2016
Sold by
Ironwood Builders Inc
Bought by
Parsons Nathan J and Parsons Megan E
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
List Price
$369,900
Sold Price
$372,500
Premium/Discount to List
$2,600
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$298,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $536,000 None Listed On Document
Warranty Deed $372,500 First Community Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,697 New Conventional
Previous Owner $298,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $536,000 -2.4% $219 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $549,000 -1.1% $224 / Sq Ft
03/25/2025 03/25/25 Price Changed $555,000 -1.8% $226 / Sq Ft
03/12/2025 03/12/25 Price Changed $565,000 -1.7% $231 / Sq Ft
02/28/2025 02/28/25 For Sale $575,000 +54.4% $235 / Sq Ft
11/21/2016 11/21/16 Sold $372,500 +0.7% $154 / Sq Ft View Prior Sale
09/29/2016 09/29/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $369,900 -- $153 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,513 $163,400 $29,790 $133,610
2023 $11,513 $151,720 $27,660 $124,060
2022 $10,916 $141,010 $25,710 $115,300
2021 $10,298 $133,780 $24,390 $109,390
2020 $10,094 $130,770 $23,840 $106,930
2019 $9,790 $128,960 $23,510 $105,450
2018 $9,767 $128,960 $23,510 $105,450
2017 $9,368 $123,410 $22,500 $100,910
2016 $12 $160 $160 $0
2015 -- $150 $150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12297354

Midwest Real Estate Data (MRED)

APN: 29-26-01-487-003

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