NOT LISTED FOR SALE

4705 Chestnut Grove Dr Champaign, IL 61822

Estimated Value: $840,000 - $1,232,279

4 Beds
4.5 Baths
3,801 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,135,000 $299 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,528/month

4 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Community Lake
  • Centennial High School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of June 2022

Remarkable opportunity to own this Masterly crafted waterfront property in Chestnut Grove Subdivision. No detail was overlooked in this nearly 6,000 square foot home. Once you walk through the front doors you will be amazed at the abundance of natural light, curved staircase, soaring ceilings, and beautiful newer hardwood floors. The Chef's kitchen has been updated with white custom cabinetry, new super white Marble countertops, and KitchenAid appliances. The first floor Master Bedroom with tray ceilings includes a spa-like Master Bath that has been redone with all new flooring, marble countertops, and marble tile walk-in shower. The second level features three generously sized bedrooms suites, all with new hardwood flooring and walk-in closets. The English basement has all new ceramic (wood look) floors and includes its own theater room, wine cellar, bedroom suite, and family room open to the kitchenette. The entertaining space is not limited to inside the home, host your gatherings outside on the newly added covered deck with a soaring vaulted beamed ceiling, a built-in kitchen, fireplace, and bar overlooking the professionally landscaped backyard with an in-ground pool, outdoor stone fireplace, & panoramic views of the lake. The home is equipped with new Hunter Douglas automated blinds and a new stamped metal roof. Don't miss your chance to own one of Champaign's finest properties.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 02/23/2022

Last Buyer's Agent

Bradley Blumenshine

Re/max Realty Associates-Mahom License #475190779

Re/max Realty Associates-Mahom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,114

Year Built

  • Built in 2006

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90x151x90x152
  • Lake Front
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,801 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations

Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Stamped Concrete Patio
  • Outdoor Fireplace

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Chestnut Grove Subdivision
  • Property managed by Trails at Chestnut Grove HOA
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,114

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Chestnut Grove
  • Year Built: 2006
  • 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 112 CHESTNUT GROVE PHASE 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1840
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 3801
  • Other Equipment: Central Vacuum, TV-Cable, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Bedroom 5, Breakfast Room, Office, Theatre Room
  • Estimated Total Finished Sq Ft: 5641
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 3801
  • Basement Sq Ft: 2200
  • Fireplace Location: Family Room,Living Room,Exterior
  • Total Sq Ft: 6001
  • Unfinished Basement Sq Ft: 360
  • Upper Level Sq Ft: 1356
  • Main Level Sq Ft: 2445
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Deck, Stamped Concrete Patio, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 1150000
  • Lot Features: Fenced Yard, Lake Front
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Brick,Stone,Other

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Breakfast Bar,Eating Area-Table Space,Island,Pantry-Walk-in

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 596
  • Association Fee Frequency: Annually
  • Community Features: Lake, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Trails at Chestnut Grove HOA
  • Management Contact Name: n/a
  • Management Phone: 999-999-9999X99999
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 90X151X90X152
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 22114.42
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jun 1, 2022
Sold by
Smith Ii Robert R and Smith Marci L
Bought by
Boppart Stephen A and Boppart Marni D
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Bradley Blumenshine
Re/max Realty Associates-Mahom
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%
Current Estimated Value
$1,011,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,907
Avg. Annual Appreciation
-4.40%
Original Mortgage
$647,200
Outstanding Balance
$543,495
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$437,669

Purchase Details

Closed on
Apr 26, 2007
Sold by
Drake Homes Corp
Bought by
Smith Ii Robert R and Smith Marci L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2005
Sold by
Main Street Bank & Trust
Bought by
Drake Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Boppart Stephen A $1,135,000 None Listed On Document
Smith Ii Robert R $1,100,000 None Available
Drake Homes Corp $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boppart Stephen A $647,200
Previous Owner Smith Robert R $100,000
Previous Owner Smith Robert R $663,800
Previous Owner Smith Ii Robert R $688,000
Previous Owner Smith Ii Robert R $30,000
Previous Owner Smith Ii Robert R $165,000
Previous Owner Smith Ii Robert R $880,000
Previous Owner Drake Homes Corp $840,000
Previous Owner Drake Homes Corp $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,135,000 -1.3% $299 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,150,000 -- $303 / 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 $23,625 $319,620 $40,200 $279,420
2023 $23,625 $291,090 $36,610 $254,480
2022 $22,181 $268,530 $33,770 $234,760
2021 $22,081 $247,200 $33,110 $214,090
2020 $22,114 $247,200 $33,110 $214,090
2019 $21,393 $242,120 $32,430 $209,690
2018 $20,710 $236,150 $31,920 $204,230
2017 $27,088 $307,940 $30,720 $277,220
2016 $23,324 $301,610 $30,090 $271,520
2015 $23,487 $296,280 $29,560 $266,720
2014 $23,292 $294,120 $29,560 $264,560
2013 $23,099 $294,120 $29,560 $264,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11322914

Midwest Real Estate Data (MRED)

APN: 45-20-20-130-013