NOT LISTED FOR SALE

409 Potomac Ave Savoy, IL 61874

Estimated Value: $455,000 - $474,000

4 Beds
3.5 Baths
2,187 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $400,000 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,270/month

61 Days on Market

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace
  • Central High School Rated A

About This Home

As of November 2023

This residence seamlessly combines aesthetics, efficiency, and a prime and convenient location. The first floor boasts a versatile flex room suitable for either a dining area or a home office. The kitchen, featuring an island and a spacious walk-in pantry, serves as an ideal focal point for gatherings, flowing into the informal dining space and a family room adorned with a fireplace. Upstairs, the master bedroom with a cathedral ceiling is accompanied by a twin-sink vanity, shower, whirlpool tub, and a generously sized walk-in closet. The upper level is completed by three additional bedrooms and a laundry area. Moving to the lower level, you'll find a family room, a fifth bedroom, and a full bathroom, all accompanied by ample storage space. Throughout the home, expect quality finishes, including granite countertops, stainless steel appliances, a 92% efficient furnace, low-E Pella windows, 2x6 exterior walls, a fully fenced yard, and a water-propelled backup sump system. Home is pre-wired with ethernet cables. Everything you desire is right here in this exceptional home!

Last Agent to Sell the Property

Scott Bechtel

KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #471003745 Listed on: 08/15/2023

KELLER WILLIAMS-TREC

Co-Listed By

Mike Elliott

KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475167852

Last Buyer's Agent

Natalie Nielsen

Pathway Realty, PLLC License #471021839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,585

Year Built

  • Built in 2015

Lot Details

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

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,187 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Dual Sinks

Finished Basement

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,585

Year Built

Built in 2015

Lot Details

0

HOA Fees

$13 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
  • 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
  • Legal Description: LOT 433 LIBERTY ON THE LAKE 2 PHASE 1
  • ResoPropertyType: Residential
  • AttributionContact: (217) 356-6100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1015
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 2187
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 3202
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 2187
  • Basement Sq Ft: 1015
  • Fireplace Location: Living Room
  • Total Sq Ft: 3202
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 1136
  • Main Level Sq Ft: 1051
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 430000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

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: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 75 X 119.62
  • Lot Size: Less Than .25 Acre
  • Special Assessments: Y

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 8584.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Parish Scott H and Parish Keri L
Bought by
Wang Michael S and Wang Joanna Schupbach
Current Estimated Value
$463,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 8, 2016
Sold by
Ferrer Gabriel M and Ferrer Katherine W
Bought by
Parish Keri L and Parish Scott H
Seller's Agent
Bill Utnage
eXp Realty,LLC-Cha
Buyer's Agent
Brooklyn Long
Legacy Land & Homes
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$264,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
May 18, 2015
Sold by
Ironwood Builders Inc
Bought by
Ferrer Gabriel M and Ferrer Katherine W
Seller's Agent
Edna Carter
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Bill Utnage
eXp Realty,LLC-Cha
List Price
$324,900
Sold Price
$324,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$259,920
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Wang Michael S $400,000 None Listed On Document
Parish Keri L $330,000 None Available
Ferrer Gabriel M $325,000 First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Michael S $320,000
Previous Owner Parish Keri L $264,000
Previous Owner Ferrer Gabriel M $259,920
Previous Owner Ironwood Builders Inc $264,000
Previous Owner Rb Savoy Llc $4,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $400,000 -7.0% $183 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $430,000 -2.3% $197 / Sq Ft
08/30/2023 08/30/23 Price Changed $439,900 -2.2% $201 / Sq Ft
08/15/2023 08/15/23 For Sale $450,000 +36.4% $206 / Sq Ft
07/01/2016 07/01/16 Sold $330,000 -1.5% $152 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $334,900 +3.1% $154 / Sq Ft
05/22/2015 05/22/15 Sold $324,900 0.0% $150 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $324,900 -- $150 / 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 $9,003 $134,750 $25,090 $109,660
2023 $9,003 $124,430 $23,170 $101,260
2022 $8,585 $116,070 $21,610 $94,460
2021 $8,376 $114,020 $21,230 $92,790
2020 $8,309 $112,890 $21,020 $91,870
2019 $8,044 $111,000 $20,670 $90,330
2018 $7,820 $108,230 $20,670 $87,560
2017 $7,838 $108,230 $20,670 $87,560
2016 $7,065 $108,230 $20,670 $87,560
2015 $1,890 $108,230 $20,670 $87,560
2014 $10 $120 $120 $0
2013 -- $120 $120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11856974

Midwest Real Estate Data (MRED)

APN: 03-20-35-308-018