NOT LISTED FOR SALE

302 Potomac Ave Savoy, IL 61874

Estimated Value: $502,000 - $555,000

4 Beds
3.5 Baths
2,740 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $450,000 $164 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,522/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Office
  • Central High School Rated A
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of July 2021

Designer Choices! Custom built with special features not found in a traditional spec build. Need more space but don't want to sacrifice style for it? Presenting 5 bedrooms, 3.5 baths and over 3600 finished sq. ft. with ample unfinished space in the basement as well. Many unique features include the built ins in the office space. Function and style meet for the best in creative pursuits and when not in use it just look amazing! Spacious mudroom off the garage as you enter the home that includes built-ins and a closet for all the extra "stuff" that accumulates. Second floor laundry. Note the character built into the home with craftsman pillars and built in units. Sellers also added windows on the sides of the home which add more light and a wonderful feeling when inside. The finished basement includes a separate designated room for a study or craft area that is stylish and functional! Other notable and important features include double water heaters, dual zone HVAC control system (able to cool the second floor with ease even on the hottest days), Upgraded windows throughout are Anderson 400 Series-Tilt Wash Double Hung and an upgraded high capacity separate circuit water powered back up sump pump. The use of color and design in this home is not often found. Treat yourself!

Last Agent to Sell the Property

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471 Listed on: 05/28/2021

Coldwell Banker R.E. Group

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,585

Year Built

  • Built in 2011

Lot Details

  • 10,193 Sq Ft Lot
  • Lot Dimensions are 91.74x121.92x15.15x59.91x123.18
  • Property has an invisible fence for dogs
  • Paved or Partially Paved Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sewing Room
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

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

Community Details

  • Liberty On The Lakes Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,585

Year Built

Built in 2011

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: 2011
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 444 LIBERTY ON THE LAKE 2 PHASE 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2740
  • Room Type: Bedroom 5, Office, Sewing Room
  • Estimated Total Finished Sq Ft: 3610
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: Measurements by Phillip Klopfenstein Photography
  • Total Sq Ft: 4110

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Deck, Porch, Invisible Fence
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

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, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot Size Acres: 0.234
  • Lot Dimensions: 91.74X121.92X15.15X59.91X123.18
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 8585.4
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 6, 2021
Sold by
Boughton Brian and Boughton Lindsay
Bought by
Lippert Ryan and Lippert Jocelyn
Seller's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Current Estimated Value
$521,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,617
Avg. Annual Appreciation
3.45%
Original Mortgage
$280,000
Outstanding Balance
$253,940
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$270,520

Purchase Details

Closed on
Oct 11, 2011
Sold by
Hoffman Ochs General Contractors Llc
Bought by
Boughton Brian and Boughton Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,687
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Liberty On The Lake Llc
Bought by
Hoffman Ochs General Contractors Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lippert Ryan $450,000 Allied Capital Title
Boughton Brian $366,500 None Available
Hoffman Ochs General Contractors Llc $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippert Ryan $280,000
Previous Owner Boughton Brian $211,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $450,000 +4.7% $164 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $430,000 -- $157 / 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 $9,301 $139,000 $24,700 $114,300
2023 $9,301 $128,350 $22,810 $105,540
2022 $8,870 $119,730 $21,280 $98,450
2021 $8,654 $117,610 $20,900 $96,710
2020 $8,585 $116,440 $20,690 $95,750
2019 $8,311 $114,490 $20,340 $94,150
2018 $8,079 $111,610 $20,340 $91,270
2017 $8,097 $111,610 $20,340 $91,270
2016 $7,298 $111,610 $20,340 $91,270
2015 $7,390 $111,610 $20,340 $91,270
2014 $7,360 $110,320 $20,340 $89,980
2013 $7,241 $110,320 $20,340 $89,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11101299

Midwest Real Estate Data (MRED)

APN: 03-20-35-309-004