NOT LISTED FOR SALE

1008 Cascade Dr Savoy, IL 61874

Estimated Value: $491,000 - $577,000

4 Beds
3.5 Baths
2,366 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $405,000 $171 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,659/month

13 Days on Market

Highlights

  • Game Room
  • Breakfast Room
  • Laundry Room
  • Central High School Rated A
  • 3 Car Attached Garage
  • Entrance Foyer

About This Home

As of July 2022

Amazing space in this 5Bedroom/3.5 bath Signature home in Lake Falls. Open floor plan built for entertaining. Finished basement and lots of upgrades. Enjoy the spectacular over-sized kitchen with stainless steel appliances, white cabinetry with tile backsplash. Beautiful hardwood floors throughout. Spar room can be used as a dining or living room whichever you prefer. Upstairs you will find nice sized bedrooms and a wonderful master with full bath. Finished basement includes spare bedroom, full bath and wet bar for entertaining and separate recreational area. Need to work at home? Plenty of rooms can convert to home offices. Need space for large family, in-laws, home business or just room to stretch then this can be your home. Call for viewing appointment!

Last Agent to Sell the Property

Rose Price

LANDMARK REAL ESTATE License #475122445 Listed on: 04/25/2022

Last Buyer's Agent

Joanna Smith

Real Broker, LLC License #475182009

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,661

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 120 x 77.02 x 85.97

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Game Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Primary Bathroom is a Full Bathroom

Partially Finished Basement

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

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Champaign High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance, lake rights
  • Lake Falls Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,661

Year Built

Built in 2016

Lot Details

9,583 Sq Ft Lot

HOA Fees

$13 per month

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: 2016
  • 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
  • Legal Description: LOT 220 LAKE FALLS SUB PHASE 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 2366
  • Room Type: Bedroom 5, Breakfast Room, Game Room, Foyer, Other Room
  • Estimated Total Finished Sq Ft: 3268
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Fireplace Location: Living Room
  • Total Sq Ft: 3484
  • Bathroom: Full

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Lake Rights

Schools

  • Elementary School: Champaign Elementary School
  • High School: Champaign High School
  • Middle/Junior School: Champaign Junior High School

Lot Info

  • Lot Dimensions: 120 X 77.02 X 85.97
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9661
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Zhang and Han
Bought by
Vergara Dawn Claire and De Vera Arvin
Current Estimated Value
$529,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 21, 2017
Sold by
Signature Homebuilders Llc
Bought by
Zhang Hontao and Ye Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Vergara Dawn Claire -- None Listed On Document
Zhang Hontao $355,000 First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vergara Dawn Claire $355,000
Previous Owner Zhang Hontao $49,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $405,000 -1.2% $171 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $410,000 -2.4% $173 / Sq Ft
04/25/2022 04/25/22 For Sale $420,000 -- $178 / 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 $11,022 $156,710 $29,790 $126,920
2023 $11,022 $145,510 $27,660 $117,850
2022 $10,450 $135,240 $25,710 $109,530
2021 $9,857 $128,310 $24,390 $103,920
2020 $9,661 $125,420 $23,840 $101,580
2019 $9,371 $123,690 $23,510 $100,180
2018 $9,348 $123,690 $23,510 $100,180
2017 $7,762 $118,370 $22,500 $95,870
2016 $1,558 $21,510 $21,510 $0
2015 -- $20,740 $20,740 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11384381

Midwest Real Estate Data (MRED)

APN: 29-26-01-487-005

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