NOT LISTED FOR SALE

49 Chestnut Ct Champaign, IL 61822

Estimated Value: $293,000 - $397,000

4 Beds
3 Baths
2,255 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $285,000 $126 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,396/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Walk-In Closet
  • Central High School Rated A
  • Attached Garage
  • Patio

About This Home

As of April 2021

Here it is! Completely updated home in desirable Lake Park subdivision. Thoughtfully put together by Innovative Improvements you will be wowed by the quality of craftsmanship and design. Updates done in 2021 include roof, soffit, fascia, gutters, furnace, A/C, water heater, flooring, interior and exterior painting, kitchen and all bathrooms remodeled, and updated lighting throughout. The exterior is easy to maintain with vinyl siding and new aluminum soffit, fascia and gutter. The new furnace is a 95% efficient unit and the water heater was upgraded to a 9 year warranty unit. The main floor features wood laminate flooring, a 1st floor master suite, two living spaces, a dining area and highly upgraded kitchen. The kitchen has white shaker style cabinets, quartz countertops and full line of appliances, including a "sound of silence" Bosch dishwasher. The family room features a brick fireplace and plenty of space to unwind and relax. Upstairs is new carpet, an updated bathroom with tiled bathtub surround and 3 more bedrooms. In the back yard are mature trees providing privacy and a new cedar stained wood deck. Lake Park homeowners have access to wooded walking trails, gardening plots and the neighborhood lake. The home is IL licensed real estate broker owned.

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 03/23/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Jeremy Brandow

Coldwell Banker R.E. Group License #475142156

Coldwell Banker R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built | Renovated

  • 1975 | 2021

Lot Details

  • 0.29

HOA Fees

  • $44 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,200 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built | Renovated

1975 | 2021

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Special Service Area: T
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Rehab Year: 2021
  • Square Footage Comments: photographer floor plan
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2255
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2255
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975
  • Year Renovated: 2021

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s), Drapes/Blinds
  • Number Of Rooms: 8
  • Living Room: Dimensions: 21X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 3X7, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 11X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 21X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2255
  • Estimated Total Finished Sq Ft: 2255
  • Main Level Sq Ft: 1445
  • Upper Level Sq Ft: 810
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X13, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Patio
  • Acreage: 0.29

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Special Assessments: Y
  • Assessment Association Fees: 525

Schools

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

Lot Info

  • Lot Dimensions: 100 X 127.5
  • Parcel Identification Number: 032036280012

Tax Info

  • Taxes: 5241.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 30, 2021
Sold by
Hanzy Holdings Llc
Bought by
Smith Brian and Smith Alison
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Jeremy Brandow
Coldwell Banker R.E. Group
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Current Estimated Value
$352,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,021
Avg. Annual Appreciation
4.89%
Original Mortgage
$228,000
Outstanding Balance
$206,302
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$145,719

Purchase Details

Closed on
Dec 21, 2020
Sold by
Sheriff Of Champaign County and Shen Fang
Bought by
Hanzy Holdings Llc

Purchase Details

Closed on
Apr 30, 2020
Sold by
Hanzy Holdings Llc
Bought by
Smith Brian and Smith Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3%
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
Smith Brian $285,000 Attorney
Hanzy Holdings Llc $125,000 Panno Mark
Smith Brian $95,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brian $228,000
Previous Owner Smith Brian $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $285,000 +1.8% $126 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $279,900 -5.1% $124 / Sq Ft
03/23/2021 03/23/21 For Sale $294,900 -- $131 / 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 $5,840 $89,160 $23,920 $65,240
2023 $5,840 $82,330 $22,090 $60,240
2022 $5,592 $76,800 $20,610 $56,190
2021 $5,034 $75,450 $20,250 $55,200
2020 $4,991 $74,700 $20,050 $54,650
2019 $4,812 $73,450 $19,710 $53,740
2018 $5,233 $73,450 $19,710 $53,740
2017 $4,812 $73,450 $19,710 $53,740
2016 $4,297 $73,450 $19,710 $53,740
2015 $4,354 $73,450 $19,710 $53,740
2014 $3,455 $61,970 $19,710 $42,260
2013 $3,396 $61,970 $19,710 $42,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11030351

Midwest Real Estate Data (MRED)

APN: 03-20-36-280-012