NOT LISTED FOR SALE

407 Newhaven Ln Savoy, IL 61874

Estimated Value: $474,000 - $486,002

3 Beds
3 Baths
1,976 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $406,900 $206 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,373/month

27 Days on Market

Highlights

  • Great Room with Fireplace
  • Formal Dining Room
  • Attached Garage
  • Central High School Rated A

About This Home

As of February 2022

This home is located at 407 Newhaven Ln, Savoy, IL 61874 since 10 November 2021 and is currently estimated at $479,501, approximately $242 per square foot. This property was built in 2021. 407 Newhaven Ln is a home located in Champaign County with nearby schools including Central High School, Montessori School of Champaign-Urbana, and University Primary School.

Last Agent to Sell the Property

Ryan Elwell

The Real Estate Group,Inc License #475163904 Listed on: 11/10/2021

The Real Estate Group,Inc

Last Buyer's Agent

Nick Taylor

Taylor Realty Associates License #471001633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,570

Year Built

  • 2021

Lot Details

  • 7,797

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,570

Year Built

2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 424 PRAIRIE MEADOWS SUB PHASE 4
  • Architectural Style: Traditional
  • Directions: From Rt 45, turn E on Church St, right on Denton Dr, right on Newhaven Ln
  • Lot Size: 65X120
  • New Construction: Yes
  • Ownership: Fee Simple
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1976
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1976
  • Basement Sq Ft: 956
  • Fireplace Location: Great Room
  • Total Sq Ft: 2932
  • Unfinished Basement Sq Ft: 956
  • Upper Level Sq Ft: 1010
  • Main Level Sq Ft: 966
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Dining Room Type: Breakfast Room, Great Room, Walk In Closet

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Zero Lot Line: No
  • Additional Parcels: No

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 21.94
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 24, 2022
Sold by
Signature Construction Inc
Bought by
Li Qiran
Seller's Agent
Ryan Elwell
The Real Estate Group,Inc
Buyer's Agent
Nick Taylor
Taylor Realty Associates
List Price
$379,900
Sold Price
$406,900
Premium/Discount to List
$27,000
7.11%
Current Estimated Value
$470,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,360
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Savoy Developers Inc
Bought by
Signature Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,590
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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
Li Qiran $407,000 None Listed On Document
Signature Construction Inc $44,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Signature Construction Inc $311,541
Previous Owner Signature Construction Inc $298,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $406,900 +7.1% $206 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $379,900 -- $192 / 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 $9,570 $150,520 $16,980 $133,540
2023 $9,570 $139,760 $15,770 $123,990
2022 $9,553 $118,150 $14,660 $103,490
2021 $11 $140 $140 $0
2020 $11 $140 $140 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11267252

Midwest Real Estate Data (MRED)

APN: 292601206030