NOT LISTED FOR SALE

106 Essex Ln Unit 8 Savoy, IL 61874

Estimated Value: $219,000 - $236,329

2 Beds
2 Baths
1,613 Sq Ft
$120/mo HOA Fee

Last Sold January 29, 2020

Last sale price $145,000 $90 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,636/month

18 Days on Market

Highlights

  • Attached Garage
  • Property is near a bus stop
  • Central Air
  • Central High School Rated A

About This Home

As of January 2020

Condo living at its best in Savoy. Upper level unit that's close to retail and the U of I campus. This unit boast a large Living Room with cathedral ceiling, with 2 beds and 2 baths. A must see.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 12/26/2019

Co-Listed By

William Oliger

Taylor Realty Associates

Last Buyer's Agent

Bill Craig

RE/MAX REALTY ASSOCIATES-CHA License #471000857

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,619

Year Built

  • 2006

Lot Details

  • 2,047

HOA Fees

  • $120 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,619

Year Built

2006

Lot Details

0

HOA Fees

$120 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1613
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Total Sq Ft: 1613
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X21, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 13X11, On Level: 2nd Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1613
  • Estimated Total Finished Sq Ft: 1613
  • Main Level Sq Ft: 1613

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Quarterly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 360
  • Management Contact Name: Amy
  • Management Phone: 217-355-1202

Fee Information

  • Management Company: Signature Homes

Schools

  • School District: 4
  • Elementary School: Champaign Elementary School
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 032036449008

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 2868.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Reynolds Michael R and Reynolds Leona M
Bought by
Reynolds Laura
Current Estimated Value
$221,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$99,668
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$117,094

Purchase Details

Listed on
Dec 26, 2019
Closed on
Jan 20, 2020
Sold by
Nesbitt Ryan
Bought by
Reynolds Michael R and Reynolds Leona M
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Bill Craig
RE/MAX REALTY ASSOCIATES-CHA
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Listed on
Jul 25, 2018
Closed on
Nov 20, 2018
Sold by
Fellows Gordon L
Bought by
Nesbitt Ryan
Seller's Agent
Elizabeth Young
KELLER WILLIAMS-TREC
Buyer's Agent
Nick Taylor
Taylor Realty Associates
List Price
$147,000
Sold Price
$139,700
Premium/Discount to List
-$7,300
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$132,715
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Signature Construction Inc
Bought by
Fellows Gordon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.43%
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
Reynolds Laura $145,000 Act
Reynolds Michael R $145,000 None Available
Nesbitt Ryan $140,000 Attorney
Fellows Gordon L $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Laura $108,750
Previous Owner Nesbitt Ryan $132,715
Previous Owner Fellows Gordon L $93,500
Previous Owner Fellows Gordon L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Sold $145,000 -2.7% $90 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $149,000 +6.7% $92 / Sq Ft
11/20/2018 11/20/18 Sold $139,700 -1.6% $80 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $142,000 -2.0% $81 / Sq Ft
08/31/2018 08/31/18 Price Changed $144,900 -1.4% $83 / Sq Ft
07/25/2018 07/25/18 For Sale $147,000 -- $84 / 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 $3,619 $58,060 $6,490 $51,570
2023 $3,619 $53,610 $5,990 $47,620
2022 $3,432 $50,010 $5,590 $44,420
2021 $3,343 $49,120 $5,490 $43,630
2020 $3,314 $48,640 $5,440 $43,200
2019 $3,075 $46,140 $5,160 $40,980
2018 $3,008 $45,330 $5,160 $40,170
2017 $2,954 $44,540 $5,160 $39,380
2016 $2,663 $44,540 $5,160 $39,380
2015 $2,730 $44,540 $5,160 $39,380
2014 $2,674 $43,900 $5,160 $38,740
2013 $2,630 $43,900 $5,160 $38,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10597461

Midwest Real Estate Data (MRED)

APN: 03-20-36-449-008