NOT LISTED FOR SALE

503 Wesley Ave Savoy, IL 61874

Estimated Value: $326,000 - $402,136

3 Beds
3.5 Baths
1,832 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2025

Last sale price $370,000 $202 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,719 / mo

1 Day on Market

Highlights

  • Deck
  • Recreation Room
  • Cathedral Ceiling
  • Central High School Rated A
  • Ranch Style House
  • Corner Lot

About This Home

As of February 2025

Looking to downsize into a ranch style home but prefer not to sacrifice storage and entertaining space? This home has a full finished basement with plenty of unfinished space for storage as well. The first or main floor has 3 bedrooms and the basement has 2 bedrooms. So much space! Situated on a corner lot, the fenced in yard is beautiful. Side entry garage. Screened in porch. Roof-2020. Furnace-2023. Savoy taxes.

Last Agent to Sell the Property

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471 Listed on: 12/12/2024

Coldwell Banker R.E. Group

Last Buyer's Agent

Rick Wilberg

eXp Realty-Champaign License #475126832

eXp Realty-Champaign

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,257

Year Built

  • Built in 1997

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 85.27x114.01x68.4x70x117.61
  • Fenced Yard
  • Corner Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Porch

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

Community Details

  • Arbor Meadows Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,257

Year Built

Built in 1997

Lot Details

0.3 Acres

HOA Fees

$9 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Arbor Meadows
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 640 ARBOUR MEADOWS SUB NO 6
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Basement: Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), First Floor Bedroom
  • LivingArea: 1832
  • Room Type: Bedroom 5, Breakfast Room, Recreation Room
  • Estimated Total Finished Sq Ft: 2851
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 3533
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Porch
  • Lot Features: Corner Lot, Fenced Yard
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Dimensions: 85.27X114.01X68.4X70X117.61
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 7257.06
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 26, 2025
Sold by
Bought by
Seller's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
Buyer's Agent
Rick Wilberg
eXp Realty-Champaign
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Views
11
Current Estimated Value
$383,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,437
Avg. Annual Appreciation
-2.00%
Original Mortgage
$351,500
Interest Rate
0.0685%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
0.0593%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.0585%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$246,666 None Listed On Document
-- None Available
$212,000 None Available
$203,000 --
$192,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $257,300
Closed $351,500
Closed $192,600
Closed $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $370,000 +1.4% $202 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $365,000 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,666 $129,840 $27,050 $102,790
2024 $7,257 $115,310 $24,020 $91,290
2023 $7,257 $106,470 $22,180 $84,290
2022 $6,888 $99,320 $20,690 $78,630
2021 $6,711 $97,560 $20,320 $77,240
2020 $6,654 $96,600 $20,120 $76,480
2019 $6,230 $92,330 $19,230 $73,100
2018 $6,163 $91,580 $19,230 $72,350
2017 $6,177 $91,580 $19,230 $72,350
2016 $5,443 $89,770 $19,230 $70,540
2015 $5,579 $89,770 $19,230 $70,540
2014 $4,765 $86,680 $19,230 $67,450
2013 $3,864 $86,680 $19,230 $67,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12181872

Midwest Real Estate Data (MRED)

APN: 03-20-36-303-004

Your Personal Tour Guide

Ask me questions while you tour the home.