$437,500
SOLD DEC 2, 2025

407 Potomac Ave Savoy, IL 61874

4 Beds
3 Baths
1,796 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: December 2, 2025

$244 Per Sq Ft

8% Below List Price

73 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Mud Room
  • Central High School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of December 2025

Welcome to 'The Westfield' - an open floor plan ranch built with quality construction and smart design. Wood floors run from the wide entryway through all the living spaces on the main level. A huge island centers the kitchen and sets the stage for meals, hanging out with family & friends plus the perfect prep area for a stylish kitchen. Cathedral ceilings and a gas fireplace in the living room create a comfortable spot to relax while the dedicated dining area takes advantage of plenty of natural light and backyard views. The primary suite is comfortably large with a dedicated bathroom that offers dual vanities, a tiled shower with glass door and a spacious walk-in closet. Bedrooms 2 and 3 sit on the opposite side of the house for more privacy. Don't forget the 1st floor laundry and mud room. This space provides plenty of space for laundry plus a custom locker for coats, hats and much more. Downstairs you'll find plenty of options with a large family/rec room plus the perfect bar space. The fourth bedroom is huge with a large closet. In addition to the finished space, you have over 900sqft of additional space for future expansion or storage. Updates/Upgrades: Furnace 2024, 2x6 exterior walls, Low E Pella windows and exterior doors. This home has also been pre-inspected for your convenience!

Last Agent to Sell the Property

Mark Waldhoff

KELLER WILLIAMS-TREC Brokerage Phone: (217) 714-3603 License #475122749 Listed on: 08/06/2025

KELLER WILLIAMS-TREC

Last Buyer's Agent

Jake Patterson

Realty Select One License #475166188

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,464

Year Built

  • Built in 2015

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 119.62

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,796 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • Liberty On The Lakes Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,464

Year Built

Built in 2015

Lot Details

9,148 Sq Ft Lot

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Liberty on the Lakes
  • Year Built: 2015
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 432 LIBERTY ON THE LAKE 2 PHASE 1
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 714-3603
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Floor Bedroom, Cathedral Ceiling(s), Wet Bar
  • LivingArea: 1796
  • Other Equipment: TV-Cable, Sump Pump, CO Detectors
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 2650
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 3403
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 75 X 119.62
  • 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: 9464.44
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2025
Closed on
Nov 12, 2025
Sold by
Jorstad Peggy
Bought by
Davenport Teresa and Fehrenbach Shannon
Seller's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Buyer's Agent
Jake Patterson
Realty Select One
List Price
$474,900
Sold Price
$437,500
Premium/Discount to List
-$37,400
-7.88%
Views
84
Current Estimated Value
$453,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,647
Avg. Annual Appreciation
11.61%
Original Mortgage
$415,625
Outstanding Balance
$414,110
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$39,037
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $437,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,625 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Sold $437,500 -3.8% $244 / Sq Ft
10/18/2025 10/18/25 Pending -- -- --
09/18/2025 09/18/25 Price Changed $454,900 -4.2% $253 / Sq Ft
08/06/2025 08/06/25 For Sale $474,900 +46.1% $264 / Sq Ft
12/01/2015 12/01/15 Sold $325,000 -0.6% $181 / Sq Ft View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $326,900 -- $182 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,004 $134,770 $25,090 $109,680
2023 $9,004 $124,440 $23,170 $101,270
2022 $8,586 $116,080 $21,610 $94,470
2021 $8,377 $114,030 $21,230 $92,800
2020 $8,310 $112,900 $21,020 $91,880
2019 $8,045 $111,010 $20,670 $90,340
2018 $7,821 $108,240 $20,670 $87,570
2017 $7,839 $108,240 $20,670 $87,570
2016 $7,066 $108,240 $20,670 $87,570
2015 $10 $108,240 $20,670 $87,570
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: 12427689

Midwest Real Estate Data (MRED)

APN: 03-20-35-308-019

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