NOT LISTED FOR SALE

Estimated Value: $434,000 - $519,000

4 Beds
4.5 Baths
3,018 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $435,000 $144 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,821/month

1 Day on Market

Highlights

  • Home Theater
  • Waterfront
  • Community Lake
  • Central High School Rated A
  • Open Floorplan
  • Deck

About This Home

As of July 2021

What a show stopper! Perfectly sited on the lake to take advantage of the views from sunrise to sunset. This 5 bedroom, 4.5 bath custom home has sweeping lake views from almost every room! The great room features an envy inducing and daydream worthy 2 story window wall with breathtaking views of the lake. Open floor plan allows for flexible living and entertaining with great flow between spaces. The mix of hardwood and carpet adds a contemporary flair. Chef's kitchen offers multiple tasks areas, center island and a breakfast area. Full view doors lead to the deck for dining al fresco. The dock is the perfect place to launch your favorite watercraft, fish, or dangle your feet in the cool waters. An arresting stairway leads up to a balcony hall with even more lake views! Master en suite and 3 additional bedrooms plus 2 additional full baths are located on the 2nd floor. In the basement you will find a media room - equipment included, game room, 5 bedroom and additional full bath plus generous storage spaces. With over 4000 sq. ft. of living space this is perfect for any household. Additional features include 3 car garage with Tesla charging station, 1st floor laundry, central vac, plus a new roof in 2021. Barkstall Elementary school is a few short blocks away. Convenient access to community amenities, transportation, and the University.

Last Listed By

Debby Auble

WARD & ASSOCIATES License #471013006 Listed on: 06/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,282

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 32 x 53 x 120 x 70 x 120
  • Waterfront
  • Paved or Partially Paved Lot

HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 3,018 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Library
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Deck

Location

  • Property is near a park

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include lake rights
  • Cherry Hills Subdivision
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,282

Year Built

Built in 2003

Lot Details

0

HOA Fees

$26 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Cherry Hills
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 621 CHERRY HILLS 12TH ADD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1059
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Walk-In Closet(s), 10' Ceiling, Open Floorplan, Some Wood Floors
  • LivingArea: 3018
  • Room Type: Bedroom 5, Library, Media Room
  • Estimated Total Finished Sq Ft: 4077
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3018
  • Basement Sq Ft: 1376
  • Fireplace Location: Great Room
  • Total Sq Ft: 4394
  • Unfinished Basement Sq Ft: 317
  • Upper Level Sq Ft: 1264
  • Main Level Sq Ft: 1754
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • ExteriorFeatures: Deck
  • Foundation Details: Block
  • List Price: 435000
  • 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),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 215
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 100

Fee Information

  • Association Fee Includes: Lake Rights

Schools

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

Lot Info

  • Lot Dimensions: 32 X 53 X 120 X 70 X 120
  • Lot Size: .25-.49 Acre
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 11282
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 28, 2021
Sold by
Li Xiuling and Lu Yi
Bought by
Costello Thomas and Costello Ayse
Seller's Agent
Debby Auble
WARD & ASSOCIATES
Buyer's Agent
Jodi O'Malley
Real Broker, LLC
List Price
$424,900
Sold Price
$435,000
Premium/Discount to List
$10,100
2.38%
Total Days on Market
1
Current Estimated Value
$491,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,661
Avg. Annual Appreciation
2.32%
Original Mortgage
$348,000
Outstanding Balance
$274,757
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$200,236

Purchase Details

Closed on
Dec 11, 2003
Sold by
Wan Kevin and Feng Lydia Lan
Bought by
Lu Yi and Li Xiuling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.01%
Mortgage Type
Unknown

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
Costello Thomas $435,000 None Available
Lu Yi $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Thomas $348,000
Previous Owner Lu Yi $272,000
Previous Owner Wan Kevin K $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $435,000 +2.4% $144 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $424,900 -- $141 / 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 $12,520 $159,040 $31,780 $127,260
2023 $12,520 $144,840 $28,940 $115,900
2022 $11,736 $133,620 $26,700 $106,920
2021 $11,443 $131,000 $26,180 $104,820
2020 $11,283 $129,060 $25,790 $103,270
2019 $10,910 $126,410 $25,260 $101,150
2018 $10,656 $124,420 $24,860 $99,560
2017 $10,383 $120,910 $24,160 $96,750
2016 $9,299 $118,420 $23,660 $94,760
2015 $9,361 $116,320 $23,240 $93,080
2014 $9,281 $116,320 $23,240 $93,080
2013 $9,197 $116,320 $23,240 $93,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11108682

Midwest Real Estate Data (MRED)

APN: 46-20-27-329-041