NOT LISTED FOR SALE

314 Banbury Ln Savoy, IL 61874

Estimated Value: $403,000 - $444,000

4 Beds
3 Baths
2,150 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $270,000 $126 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,030/month

12 Days on Market

Highlights

  • Double Shower
  • Wood Flooring
  • Home Office
  • Central High School Rated A
  • Mud Room
  • Walk-In Pantry

About This Home

As of August 2018

AN ELEGANT APPROACH TO TRADITIONAL STYLE! The curb appeal will draw you in, but the warmth and style inside will keep you there. Neutral tones throughout, 4 bedroom, 2.5 bath unfinished basement. Special features include custom built ins enclosing the fireplace and a custom shower in the Master Bath. Granite tops, island and light cabinetry with hardwood floors complete this spectacular home. Lightly lived in. Feels new! Drop zone off the garage for the necessities and first floor laundry room. Closets are abundant and the basement layout is perfect for a make shift recreation area or for finishing yourself. Close to Colbert Park in Prairie Meadows. Owner is a licensed real estate broker

Last Agent to Sell the Property

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471 Listed on: 06/22/2018

Coldwell Banker R.E. Group

Last Buyer's Agent

Stephanie Zoch

eXp Realty-Champaign License #475179279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,235

Year Built

  • 2012

Lot Details

  • 8,581

HOA Fees

  • $13 per month

Parking

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

Home Design

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

Interior Spaces

  • Dry Bar
  • Gas Log Fireplace
  • Mud Room
  • Home Office
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Double Shower

Utilities

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

Additional Features

  • Patio
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,235

Year Built

2012

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Measurements by Reallustrations
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2150
  • Unfinished Basement Sq Ft: 1020
  • Type Detached: 2 Stories
  • Estimated Year Built: 2012
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Double Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Office, Mud Room
  • Master Bedroom: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Mud, Dimensions: 11X6, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2150
  • Estimated Total Finished Sq Ft: 2150
  • Basement Sq Ft: 1020
  • Main Level Sq Ft: 1030
  • Upper Level Sq Ft: 1120
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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
  • Assessed Sq Ft: 2058
  • Assessment Association Fees: 150

Schools

  • School District: 4
  • Elementary School: UNIT 4 SCHOOL OF CHOICE ELEMENTA
  • Middle School: CHAMPAIGN JUNIOR/MIDDLE CALL UNI
  • High School: CENTRAL HIGH SCHOOL
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 65.10X131.21X65.08X132.37
  • Parcel Identification Number: 292601202007

Tax Info

  • Taxes: 6773.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 1, 2018
Sold by
Meacham Theresa M and Meacham Trenton S
Bought by
Lee Chae and Lee Laura
Seller's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
Buyer's Agent
Stephanie Zoch
eXp Realty-Champaign
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Current Estimated Value
$427,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,906
Avg. Annual Appreciation
5.96%
Original Mortgage
$202,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Ironwood Builders Inc
Bought by
Meacham Trentons S and Meacham Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,504
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2012
Sold by
Savoy Developers Inc
Bought by
Ironwood Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
3.48%
Mortgage Type
Construction
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
Lee Chae $270,000 Attorney
Meacham Trentons S $250,500 First Community Title
Ironwood Builders Inc $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Chae $180,000
Closed Lee Chae $202,500
Previous Owner Meacham Trentons S $200,504
Previous Owner Ironwood Builders Inc $197,000
Previous Owner Savoy Developers Inc $1,065,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $270,000 -1.8% $126 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $274,900 -- $128 / 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 $8,235 $114,020 $21,680 $92,340
2023 $8,235 $105,870 $20,130 $85,740
2022 $7,794 $98,390 $18,710 $79,680
2021 $7,342 $93,350 $17,750 $75,600
2020 $7,189 $91,250 $17,350 $73,900
2019 $6,968 $89,990 $17,110 $72,880
2018 $6,950 $89,990 $17,110 $72,880
2017 $6,774 $87,550 $16,370 $71,180
2016 $5,878 $83,700 $15,650 $68,050
2015 $5,805 $80,710 $15,090 $65,620
2014 $5,873 $82,020 $15,330 $66,690
2013 $5,483 $82,020 $15,330 $66,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09987801

Midwest Real Estate Data (MRED)

APN: 29-26-01-202-007