NOT LISTED FOR SALE

5018 Chestnut Grove Dr Champaign, IL 61822

Estimated Value: $574,000 - $644,000

4 Beds
3 Baths
2,565 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $530,000 $207 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,377/month

4 Days on Market

Highlights

  • Lake Front
  • Second Kitchen
  • Deck
  • Centennial High School Rated A-
  • Home Theater
  • Vaulted Ceiling

About This Home

As of April 2020

Magnificent sprawling ranch with full daylight basement situated on the water in The Trails at Chestnut Grove Subdivision. Natural light floods the interior and welcomes you to discover the fine finishes that include maple cabinets, granite countertops, warm hardwood flooring in the great room with vaulted ceiling, panoramic views of the lake and floor to ceiling stone front fireplace and so much more! A gorgeous and oversized master suite offers hardwood floors, double walk-in closets and a full ensuite bath with corner tub, separate shower, and dual sinks. Two additional bedrooms with hardwood flooring complete the main level. The full daylight basement offers a huge family/rec room with dry bar, 2nd kitchen, theater room, exercise room, full bath, 4th bedroom, and storage space. As the weather warms, you can enjoy the views from the Trex deck or the huge patio with firepit overlooking the lake. Tankless water heater, irrigation system, remote blinds are just a few more of the amenities you will fall in love with. Call today to schedule your private showing.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 02/28/2020

Last Buyer's Agent

Marty Carlson

Taylor Realty Associates License #471001025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,599

Year Built

  • 2008

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Irregular Lot

HOA Fees

  • $38 per month

Parking

  • Attached Garage
  • Circular Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Breakfast Room
  • Home Theater
  • Home Gym
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,970 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,599

Year Built

2008

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2565
  • Unfinished Basement Sq Ft: 340
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2008
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 5130
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 12
  • Living Room: Dimensions: 20X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal, Cooktop, Oven/Built-in
  • Equipment: CO Detectors, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Gas Logs
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X7, On Level: Main Level
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Breakfast Room, 2nd Kitchen, Theatre Room, Exercise Room
  • Master Bedroom: Dimensions: 24X17, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 11X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 20X10, On Level: Basement
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Theater Rm, Dimensions: 17X16, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Exercise Rm, Dimensions: 12X11, On Level: Basement
  • Bedroom 4: Dimensions: 16X14, On Level: Basement
  • Estimated Sq Ft: 2565
  • Estimated Total Finished Sq Ft: 4790
  • Basement Sq Ft: 2565
  • Basement Finished Sq Ft: 2225
  • Main Level Sq Ft: 2565
  • Dining Room Type: Separate
  • Family Room: Dimensions: 34X16, On Level: Basement

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Stone
  • Waterfront: Yes
  • Exterior Property Features: Deck, Patio, Porch
  • Acreage: 0.34

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete, Circular
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Lake Rights
  • Assessment Association Fees: 450

Schools

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

Lot Info

  • Lot Dimensions: 70X130X70X70X140X8.5
  • Lot Description: Cul-de-sac, Irregular, Lake Front
  • Parcel Identification Number: 032020128021

Tax Info

  • Taxes: 12111.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 23, 2020
Sold by
Fuentes Ezequiel
Bought by
Schaefer Benjamin Edward and Nielsen Tanya Lynne
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Marty Carlson
Taylor Realty Associates
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$602,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,533
Avg. Annual Appreciation
2.38%
Original Mortgage
$528,000
Outstanding Balance
$466,408
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$136,125

Purchase Details

Closed on
Mar 15, 2013
Sold by
Einck Fred and Einck Patricia
Bought by
Fuentes Ezequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Drake Homes Corp
Bought by
Einck Fred and Einck Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 7, 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
$168,500
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schaefer Benjamin Edward $530,000 Attorney
Fuentes Ezequiel $437,500 None Available
Einck Fred $82,000 None Available
Drake Homes Corp $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Benjamin Edward $528,000
Previous Owner Fuentes Ezequiel $300,000
Previous Owner Einck Fred $350,000
Previous Owner Drake Homes Corp $168,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $530,000 -0.9% $207 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $535,000 -- $209 / 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 $13,599 $167,900 $36,670 $131,230
2023 $13,599 $155,030 $33,860 $121,170
2022 $12,925 $144,620 $31,590 $113,030
2021 $12,925 $142,060 $31,030 $111,030
2020 $12,503 $140,650 $30,720 $109,930
2019 $12,131 $138,300 $30,210 $108,090
2018 $12,111 $138,300 $30,210 $108,090
2017 $11,866 $135,480 $30,210 $105,270
2016 $10,457 $135,480 $30,210 $105,270
2015 $10,714 $135,480 $30,210 $105,270
2014 $10,636 $135,480 $30,210 $105,270
2013 $11,039 $135,480 $30,210 $105,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10650858

Midwest Real Estate Data (MRED)

APN: 03-20-20-128-021