NOT LISTED FOR SALE

4702 Chestnut Grove Dr Champaign, IL 61822

Estimated Value: $475,000 - $682,489

3 Beds
3.5 Baths
2,552 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $638,000 $250 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,886/month

46 Days on Market

Highlights

  • Home Theater
  • Ranch Style House
  • Bonus Room
  • Centennial High School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of April 2024

Featuring several recent major updates, this custom crafted home in Chestnut Grove Subdivision sits on an oversize lot that backs to a multi-subdivision walking & biking trail. The front entry leads into an open concept living room, dining room & kitchen layout under soaring cathedral ceilings with more than a thousand square feet of freshly refinished custom oak floors. Other highlights include abundant natural light from the skylights and oversized windows throughout. The current owners updated the fireplace with a floor-to-ceiling stone surround that is now the centerpiece of the great room. A flexible second living space features windows on three sides and a wall of glass that opens to the massive covered back patio. The gourmet kitchen features plentiful custom cabinetry, tile backsplash, a massive island overlooking the Great Room, and a full complement of upscale stainless steel appliances. A stunning set of arched French doors lead to a study that shares a Jack & Jill full bath with the front bedroom. That bedroom boasts a large walk-in closet and an oversize window with a window seat with integrated storage along with open shelves flanking each side of the window. The luxurious primary bedroom suite features a recently replaced oversize Andersen sliding glass door that creates a wall of glass overlooking the back patio and the backyard. The current owners did a complete reimagining of the en suite bath, which features an indulgent custom glass shower with multiple shower heads, including an overhead rainshower. The two vanity areas are separated by huge full-length linen storage cabinets. The bath also features heated tile floors. The walk-in closet features solid built-in organizers on three sides. The open stairs descend into nearly a thousand square feet of open living and entertaining space, featuring two oversize windows with terraced stone block wells for drastically increased natural light. There is also an elaborate hand-crafted bar and kitchenette area. A dedicated theater room includes soft sconce lighting, two tiers for stadium seating arrangements, and built-in speaker wiring for surround sound. Secluded at the end of the hall are a large bedroom with a walk-in closet and a third full bath. The unfinished basement utility room offers a few hundred square feet of bonus storage, as well as housing twinned 50-gallon gas water heaters for virtually endless hot water. The HVAC includes a high efficiency furnace with a new heat exchanger in 2020, and a/c new in 2016. There is also a radon mitigation system installed. Yard features an automatic sprinkler system and all of the sprinkler heads were replaced in 2023. Roof, gutters, and additional attic insulation done in 2021. See HD photo gallery & 3D virtual tour!

Last Agent to Sell the Property

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468 Listed on: 02/08/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Atif Irfan

BHHS Central Illinois, REALTORS License #475184926

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,026

Year Built

  • Built in 2007

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 54.83 x 164.84 x 220.11 x 247.48
  • Paved or Partially Paved Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Radon Mitigation System

Interior Spaces

  • 2,552 Sq Ft Home
  • Mud Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

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

Outdoor Features

  • Porch

Schools

  • Unit 4 Of Choice Elementary And Middle School
  • Centennial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Habeeb Habeeb Association
  • Trails At Chestnut Grove Subdivision
  • Property managed by Trails at Chestnut HOA

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,026

Year Built

Built in 2007

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Trails at Chestnut Grove
  • Year Built: 2007
  • Age: 16-20 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 151 THE TRAILS AT CHESTNUT GROVE SUB PHASE 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2199
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2552
  • Other Equipment: Radon Mitigation System
  • Room Type: Breakfast Room, Bonus Room, Media Room, Kitchen, Mud Room
  • Estimated Total Finished Sq Ft: 4751
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 2552
  • Basement Sq Ft: 2533
  • Fireplace Location: Living Room
  • Square Footage Comments: Measurements from Matterport.
  • Total Sq Ft: 5085
  • Unfinished Basement Sq Ft: 334
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 2552
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 649900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 397
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Trails at Chestnut HOA
  • Management Contact Name: Habeeb Habeeb
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Centennial High School
  • Middle/Junior School: Unit 4 Of Choice
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.55
  • Lot Dimensions: 54.83 X 164.84 X 220.11 X 247.48
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 14026
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 29, 2024
Sold by
Hall James and Hall Mary Lynn
Bought by
Liu Yang and Guo Weihua
Seller's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Atif Irfan
BHHS Central Illinois, REALTORS
List Price
$675,000
Sold Price
$638,000
Premium/Discount to List
-$37,000
-5.48%
Views
481
Current Estimated Value
$658,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,063
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Oct 19, 2020
Sold by
Hall James P and Hall Mary Lynn
Bought by
Hall James P and Hall Mary Lynn

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 5, 2019
Sold by
Broeren Staurt W and Broeren Anita J
Bought by
Hall James and Hall Mary Lynn
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$320,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Fejes Joseph S and Fejes Judy T
Bought by
Broeren Stuart W and Broeren Anita J

Purchase Details

Closed on
Jan 2, 2007
Sold by
Unique Homes & Lumber Inc
Bought by
Fejes Joseph S and Fejes Judy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
8.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2006
Sold by
Main Street Bank & Trust
Bought by
Unique Homes & Lumber Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.37%
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
Liu Yang $638,000 None Listed On Document
Hall James P -- None Listed On Document
Hall James $530,000 None Available
Broeren Stuart W $425,000 None Available
Fejes Joseph S $552,500 None Available
Unique Homes & Lumber Inc $83,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall James $320,000
Previous Owner Broeren Stuart W $300,000
Previous Owner Fejes Joseph S $500,000
Previous Owner Fejes Joseph S $69,750
Previous Owner Fejes Joseph S $441,850
Previous Owner Unique Homes & Lumber Inc $550,000
Previous Owner Unique Homes & Lumber Inc $73,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $638,000 -1.8% $250 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $649,900 -3.7% $255 / Sq Ft
02/08/2024 02/08/24 For Sale $675,000 +27.4% $264 / Sq Ft
10/28/2019 10/28/19 Sold $530,000 -1.5% $204 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
07/29/2019 07/29/19 Price Changed $537,900 -2.2% $207 / Sq Ft
05/20/2019 05/20/19 For Sale $550,000 -- $212 / 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 $14,994 $199,340 $37,800 $161,540
2023 $14,994 $181,550 $34,430 $147,120
2022 $14,026 $167,480 $31,760 $135,720
2021 $13,670 $160,330 $31,140 $129,190
2020 $14,150 $160,330 $31,140 $129,190
2019 $13,231 $157,030 $30,500 $126,530
2018 $12,486 $149,760 $30,020 $119,740
2017 $12,465 $148,750 $28,890 $119,860
2016 $10,721 $145,690 $28,300 $117,390
2015 $10,786 $143,110 $27,800 $115,310
2014 $10,737 $138,810 $27,800 $111,010
2013 $10,647 $138,810 $27,800 $111,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11974924

Midwest Real Estate Data (MRED)

APN: 45-20-20-131-021