NOT LISTED FOR SALE

1011 Declaration Dr Savoy, IL 61874

Estimated Value: $493,000 - $591,940

4 Beds
3.5 Baths
2,632 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $575,000 $218 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,907/month

23 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Stainless Steel Appliances
  • Central High School Rated A
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of May 2024

Step into refined luxury in this former Showcase Home, situated on the Lake with incredible views! From the master crafted Trim moldings, to the Iron staircase spindles and all of the Tile flooring, Vaulted ceilings and Anderson windows....you can see this home was built with care, quality and excellence. The gourmet Kitchen features custom built cabinets with Hi-Lo design, Center Island with sitting area, immense granite countertops, under cabinet lighting, tiled backsplash and decorative Range hood. Step into the Family room with spectacular Fireplace for those cold winter nights and over to the 3 season screened in porch for relaxing and watching sunsets over the lake. Tons of space in the oversized 3 car garage then enter into the "drop zone" with great coat hooks, cubby space flowing into the expansive Laundry room with custom built storage cabinets and drop sink. The primary suite is appointed to the hilt, with Cathedral ceiling, Large walk in closet, full bath with Glass shower, Double sinks and jetted tub. Don't miss the Full finished basement with Wet bar, oversized Bedroom, full bath and tons of space for entertaining, hobbies, table sports and storage! Saunter into the backyard that is fully fenced to enjoy the outdoors, Sit at the amazing Brick patio and just relax in the beauty of the lake. This is a one of a kind home, see it today!

Last Agent to Sell the Property

Eric Porter

The Real Estate Group,Inc License #475126463 Listed on: 03/07/2024

The Real Estate Group,Inc

Last Buyer's Agent

Lumen Loves

KELLER WILLIAMS-TREC License #471021865

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,036

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 72 x 120
  • Waterfront

HOA Fees

  • $19 Monthly HOA Fees

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,632 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

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

Outdoor Features

  • Screened Patio

Schools

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

Utilities

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

Community Details

  • Liberty On The Lakes Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,036

Year Built

Built in 2009

Lot Details

0

HOA Fees

$19 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: Liberty on the Lakes
  • Year Built: 2009
  • Age: 11-15 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 297 LIBERTY ON THE LAKE II, PHASE 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1107
  • LivingArea: 2632
  • Room Type: Bedroom 5, Eating Area
  • Estimated Total Finished Sq Ft: 3739
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 2632
  • Basement Sq Ft: 1107
  • Total Sq Ft: 3739
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 1333
  • Main Level Sq Ft: 1299
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio, Screened Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 589900
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Lake, Sidewalks
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 72 X 120
  • Rural (Y/N): N
  • 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: 10036
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 24, 2024
Sold by
Larson Andrew J and Larson Jennifer E
Bought by
Li Xu and Zhao Hongyang
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
Lumen Loves
KELLER WILLIAMS-TREC
List Price
$589,900
Sold Price
$575,000
Premium/Discount to List
-$14,900
-2.53%
Views
75
Current Estimated Value
$552,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,265
Avg. Annual Appreciation
0.89%
Original Mortgage
$195,000
Outstanding Balance
$193,207
Interest Rate
7.05%
Mortgage Type
New Conventional
Estimated Equity
$388,216

Purchase Details

Closed on
Jan 11, 2013
Sold by
Drake Steve
Bought by
Larson Andrew J and Larson Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2009
Sold by
Liberty On The Lake Llc
Bought by
Drake Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,920
Interest Rate
5.11%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Li Xu $575,000 None Listed On Document
Larson Andrew J $368,000 First Community Title
Drake Steve $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xu $195,000
Previous Owner Larson Andrew J $297,000
Previous Owner Larson Andrew J $55,200
Previous Owner Larson Andrew J $55,200
Previous Owner Larson Andrew J $294,400
Previous Owner Drake Steve $275,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $575,000 -2.5% $218 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $589,900 -- $224 / 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 $10,519 $156,350 $26,660 $129,690
2023 $10,519 $144,370 $24,620 $119,750
2022 $10,036 $134,680 $22,970 $111,710
2021 $9,793 $132,290 $22,560 $109,730
2020 $9,716 $130,980 $22,340 $108,640
2019 $9,407 $128,790 $21,970 $106,820
2018 $9,142 $125,520 $21,970 $103,550
2017 $9,163 $125,520 $21,970 $103,550
2016 $7,944 $125,520 $21,970 $103,550
2015 $8,040 $125,520 $21,970 $103,550
2014 $8,008 $124,070 $21,970 $102,100
2013 $8,612 $124,070 $21,970 $102,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11993021

Midwest Real Estate Data (MRED)

APN: 03-20-35-306-042