NOT LISTED FOR SALE

301 Potomac Ave Savoy, IL 61874

Estimated Value: $468,768 - $506,000

5 Beds
4 Baths
2,213 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $350,000 $158 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,382/month

14 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Central High School Rated A
  • Traditional Architecture
  • Walk-In Pantry

About This Home

As of July 2019

This 2-Story, 5 BR home has over 3000 finished square feet. The main floor has hardwood floors throughout as well as an open concept for the kitchen/living room area. As you enter off of the garage you will find a drop zone to help keep your clutter better organized. Upstairs features 4 of the 5 bedrooms, as well as the laundry room. The master bedroom suite provides generous closet storage as well as a nicely appointed bathroom. The basement has a bedroom, family room, and a full bathroom. Take advantage of the low tax rate in Savoy with this home being located in Liberty on the Lakes.

Last Agent to Sell the Property

Rick Wilberg

eXp Realty-Champaign License #475126832 Listed on: 05/31/2019

eXp Realty-Champaign

Last Buyer's Agent

Ashley Miller

Pathway Realty, PLLC License #475167890

Home Details

Home Type

  • Single Family

Year Built

  • 2016

Lot Details

  • East or West Exposure

HOA Fees

  • $15 per month

Parking

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2213
  • Unfinished Basement Sq Ft: 200
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2016
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3265
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
  • Equipment: TV-Cable, Sump Pump, CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: 2nd Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X11, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2213
  • Estimated Total Finished Sq Ft: 3065
  • Basement Sq Ft: 1052
  • Basement Finished Sq Ft: 852
  • Main Level Sq Ft: 1045
  • Upper Level Sq Ft: 1168
  • Family Room: Dimensions: 19X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch
  • Exposure: E (East)
  • Acreage: 0.2201

Garage/Parking

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

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: U
  • Assessment Association Fees: 180

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 75X118X87X118
  • Parcel Identification Number: 032035308027

Tax Info

  • Taxes: 8274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 2, 2019
Sold by
Palmore Justin T and Palmore Emily S
Bought by
Warnick Emerson T and Tanner Carli
Seller's Agent
Rick Wilberg
eXp Realty-Champaign
Buyer's Agent
Ashley Miller
Pathway Realty, PLLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$491,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,442
Avg. Annual Appreciation
5.42%

Purchase Details

Listed on
Dec 18, 2015
Closed on
Jul 29, 2016
Sold by
Miller Construction Il Llc
Bought by
Palmore Justin T and Palmore Emily S
Seller's Agent
Rick Wilberg
eXp Realty-Champaign
Buyer's Agent
Mariya Vandivort
AroundCU Real Estate Company
List Price
$339,900
Sold Price
$341,900
Premium/Discount to List
$2,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.79%
Original Mortgage
$273,520
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warnick Emerson T $350,000 Attorney
Palmore Justin T $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmore Justin T $273,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $350,000 -2.5% $158 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $359,000 +5.0% $162 / Sq Ft
07/29/2016 07/29/16 Sold $341,900 +0.6% $154 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $339,900 -- $154 / 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 $9,504 $141,880 $25,090 $116,790
2023 $9,504 $131,010 $23,170 $107,840
2022 $9,064 $122,210 $21,610 $100,600
2021 $8,844 $120,050 $21,230 $98,820
2020 $8,774 $118,860 $21,020 $97,840
2019 $8,494 $116,870 $20,670 $96,200
2018 $8,255 $113,920 $20,670 $93,250
2017 $8,274 $113,920 $20,670 $93,250
2016 $1,545 $22,340 $20,670 $1,670
2015 $10 $22,340 $20,670 $1,670
2014 $10 $120 $120 $0
2013 $9 $120 $120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10399649

Midwest Real Estate Data (MRED)

APN: 03-20-35-308-027