NOT LISTED FOR SALE

1107 Declaration Dr Savoy, IL 61874

Estimated Value: $560,605 - $594,000

4 Beds
3.5 Baths
2,772 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $536,000 $193 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,791/month

2 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Whirlpool Bathtub
  • Central High School Rated A
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of October 2022

This home is absolutely stunning! Located at Liberty on the Lake subdivision, on the 10 acre lake, this 4 bedroom, 3.5 bath home has over 3900 finished sq. ft. including a first floor primary suite, a large open kitchen with custom cabinetry, and an impressive four seasons room. The outdoor kitchen area (by Brown Woods) has a pergola, fire pit, grill, and a large seating area. The second floor has 3 bedrooms and a full bathroom. The finished basement includes a full bath, a kitchen area with a full stove and refrigerator, a movie room with projection hookups and surround sound wiring, and a large finished area to serve as a family room or rec room. A fifth bedroom could easily be completed in the unfinished part that already includes an egress window. Expansive lake views, small park (commons area) in front of the home, and a five acre commons area (future park) abutting the south shoreline of the lake. Meticulously maintained by the original owners.

Last Agent to Sell the Property

David Pool

Holdren & Associates, Inc. License #475124426 Listed on: 08/23/2022

Last Buyer's Agent

Scott Bechtel

KELLER WILLIAMS-TREC License #471003745

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,178

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
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storm Doors

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit
  • Outdoor Grill

Schools

  • Unit 4 Of Choice Elementary And Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,178

Year Built

Built in 2009

Lot Details

9,235 Sq Ft Lot

HOA Fees

$19 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • 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
  • Legal Description: LOT 289 LIBERTY ON THE LAKE 2 PHASE 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Gas Cooktop, Electric Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Granite Counters, Separate Dining Room, Some Storm Doors
  • LivingArea: 2772
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 3951
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 4723
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio, Outdoor Grill, Fire Pit
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot Dimensions: 72 X 120
  • 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: 9178
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 11, 2022
Sold by
Gidcomb Scott L and Gidcomb Barbara J
Bought by
Yan Jinhui and Li Jingyi
Seller's Agent
David Pool
Holdren & Associates, Inc.
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$549,900
Sold Price
$536,000
Premium/Discount to List
-$13,900
-2.53%
Current Estimated Value
$573,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,202
Avg. Annual Appreciation
1.98%
Original Mortgage
$428,800
Outstanding Balance
$411,514
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$161,688

Purchase Details

Closed on
Sep 11, 2009
Sold by
Liberty On The Lake Llc
Bought by
Gidcomb Scott L and Gidcomb Barbara J
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 Buyer Sale Price Title Company
Yan Jinhui $536,000 --
Gidcomb Scott L $62,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Jinhui $428,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $536,000 -2.5% $193 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $549,900 -- $198 / 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 $9,862 $147,000 $28,680 $118,320
2023 $9,862 $135,730 $26,480 $109,250
2022 $9,407 $126,610 $24,700 $101,910
2021 $9,178 $124,370 $24,260 $100,110
2020 $9,106 $123,140 $24,020 $99,120
2019 $8,816 $121,080 $23,620 $97,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11485950

Midwest Real Estate Data (MRED)

APN: 03-20-35-306-034

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