NOT LISTED FOR SALE

403 London Way Savoy, IL 61874

Estimated Value: $462,000 - $555,000

5 Beds
4 Baths
2,451 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $350,000 $143 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,582/month

109 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Breakfast Room
  • Central High School Rated A
  • Whirlpool Bathtub
  • Stainless Steel Appliances

About This Home

As of May 2018

Extraordinary 2 story, 5 BR/ 3.5 BA home in the desirable Prairie Meadows Subdivision. This home is nothing short of incredible with it's sought after floor plan, beautiful finishing touches and relaxing design scheme. Dark hardwood floors run throughout the main floor inviting you into the home, complimented by the brick fireplace. You'll find the formal dining room, living room, kitchen and laundry room here. The kitchen features beautiful tall cabinets, stainless steel appliances and a breakfast bar over looking the living room. Upstairs, you'll find 4 of the 5 bedrooms. The master suite features dual, walk-in closets, private bath with his and her vanities, a tiled shower and jet tub. The full finished basement is great for entertaining/hosting with a 21x25 family room, along with a bedroom and full bathroom. On the back patio, relax next to the built-in fire pit while looking over the lake. You won't want to miss this!

Last Agent to Sell the Property

Rick Wilberg

eXp Realty-Champaign License #475126832 Listed on: 12/08/2017

eXp Realty-Champaign

Last Buyer's Agent

Debbie Hensleigh

Beringer Realty License #471003075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,822

Year Built

  • 2013

Lot Details

  • Lake Front

HOA Fees

  • $13 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Breakfast Room
  • Wood Flooring
  • Water Views
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Patio
  • 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

Est. Annual Taxes

$10,822

Year Built

2013

Lot Details

0

HOA Fees

$13 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 w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2451
  • Unfinished Basement Sq Ft: 318
  • Type Detached: 2 Stories
  • Estimated Year Built: 2013
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 5th Bedroom, Breakfast Room
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X10, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2451
  • Estimated Total Finished Sq Ft: 3279
  • Basement Sq Ft: 1146
  • Basement Finished Sq Ft: 828
  • Main Level Sq Ft: 1146
  • Upper Level Sq Ft: 1305
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X15, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Waterfront: Yes
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.23

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: U
  • Assessed Sq Ft: 2431
  • Assessment Association Fees: 150
  • Management Contact Name: Rick Wilberg
  • Management Phone: 217-359-8300X98300

Fee Information

  • Management Company: Wilberg and Associates

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: 83X120
  • Lot Description: Lake Front, Water View
  • Parcel Identification Number: 292601207008

Tax Info

  • Taxes: 9163.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 26, 2018
Sold by
Klein John M and Klein Petrece F
Bought by
Chen Yuting Wu and Chen Xu
Seller's Agent
Rick Wilberg
eXp Realty-Champaign
Buyer's Agent
Debbie Hensleigh
Beringer Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$501,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,279
Avg. Annual Appreciation
4.97%
Original Mortgage
$280,000
Outstanding Balance
$241,089
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$260,190

Purchase Details

Closed on
Apr 8, 2013
Sold by
Savoy Developers Inc
Bought by
Mcguire Custom Designs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,728
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Chen Yuting Wu $350,000 Attorney
Mcguire Custom Designs Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yuting Wu $280,000
Previous Owner Mcguire Custom Designs Llc $311,728
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2018 05/14/18 Sold $350,000 -2.8% $143 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/15/2018 03/15/18 Price Changed $359,900 -2.1% $147 / Sq Ft
01/11/2018 01/11/18 Price Changed $367,500 -2.0% $150 / Sq Ft
12/07/2017 12/07/17 For Sale $375,000 -3.8% $153 / Sq Ft
03/03/2014 03/03/14 Sold $389,900 0.0% $160 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $389,900 -- $160 / 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 $10,822 $147,800 $33,900 $113,900
2023 $10,822 $137,240 $31,480 $105,760
2022 $10,254 $127,550 $29,260 $98,290
2021 $9,668 $121,010 $27,760 $93,250
2020 $9,470 $118,290 $27,140 $91,150
2019 $9,181 $116,660 $26,770 $89,890
2018 $9,156 $116,660 $26,770 $89,890
2017 $9,119 $120,290 $25,620 $94,670
2016 $9,163 $132,540 $24,490 $108,050
2015 $9,059 $127,810 $23,620 $104,190
2014 $9,608 $129,880 $24,000 $105,880
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09814613

Midwest Real Estate Data (MRED)

APN: 29-26-01-207-008