NOT LISTED FOR SALE

602 Silver Lake Ct Savoy, IL 61874

Estimated Value: $616,000 - $682,044

4 Beds
4.5 Baths
3,306 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $492,000 $149 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,799/month

162 Days on Market

Highlights

  • Sun or Florida Room
  • Game Room
  • Double Oven
  • Central High School Rated A
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of March 2022

Elegant yet practical. Sky-high ceilings create a dramatic effect in the living room and formal dining room. Yet the kitchen and dinette appeal to a more casual setting, perfect for small intimate gatherings. Immediately off the kitchen is a small sun room, ideal for morning and evening beverages. Or relax on the deck and enjoy the privacy of a yard backed by large trees, foliage and a small creek. While the master bedroom is sequestered on the main level the remaining bedrooms are upstairs. The perfect finished basement has 2 more bedrooms for guests as well as the TV room, full bathroom and large rec room with full service bar.

Last Agent to Sell the Property

Andrea Poling

LANDMARK REAL ESTATE License #471000947 Listed on: 08/18/2021

Last Buyer's Agent

Lisa Duncan

KELLER WILLIAMS-TREC License #475142322

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,739

Year Built

  • Built in 2013

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 98x120

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 3,306 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Potential Bedrooms

Partially Finished Basement

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

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Champaign High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,739

Year Built

Built in 2013

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 2013
  • Age: 6-10 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 139 LAKE FALLS SUBDIVISION SUB PHASE 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1403
  • Fireplaces: 1
  • LivingArea: 3306
  • Room Type: Bedroom 5, Bedroom 6, Sun Room, Game Room
  • Estimated Total Finished Sq Ft: 4709
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Total Sq Ft: 3306
  • Basement Sq Ft: 1886
  • Fireplace Location: Living Room
  • Total Sq Ft: 5192
  • Unfinished Basement Sq Ft: 483
  • Upper Level Sq Ft: 1420
  • Main Level Sq Ft: 1886
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Flooring: Carpet
  • Family Room Flooring: Carpet
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Eating Area-Table Space,Island,Custom Cabinetry
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Carpet
  • Dining Room Flooring: Hardwood

Exterior Features

  • List Price: 494900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Champaign Elementary School
  • High School: Champaign High School
  • Middle/Junior School: Champaign Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.2702
  • Lot Dimensions: 98X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 13739
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 10, 2022
Sold by
Radian Guaranty Inc
Bought by
Crow Tyler J and Crow Amanda R
Seller's Agent
Andrea Poling
LANDMARK REAL ESTATE
Buyer's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
Sold Price
$492,000
Current Estimated Value
$646,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,511
Avg. Annual Appreciation
7.81%
Original Mortgage
$392,000
Outstanding Balance
$366,909
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$271,743

Purchase Details

Closed on
Nov 22, 2021
Sold by
Federal Home Loan Mtg Corp
Bought by
Radian Guaranty Inc

Purchase Details

Closed on
Feb 18, 2021
Sold by
Carter Sally K and Carter James I
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 5, 2013
Sold by
Mcguire Custom Designs Llc
Bought by
Carter James I and Carter Sally K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Savoy Developers Inc
Bought by
Mcguire Custom Designs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,417
Interest Rate
3.86%
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
Crow Tyler J $492,000 None Listed On Document
Radian Guaranty Inc -- None Listed On Document
Federal Home Loan Mortgage Corporation -- Attorney
Carter James I $453,500 None Available
Mcguire Custom Designs Llc $67,000 First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crow Tyler J $392,000
Previous Owner Carter James I $417,000
Previous Owner Mcguire Custom Designs Llc $362,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $492,000 -6.3% $149 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/27/2022 01/27/22 For Sale -- -- --
01/19/2022 01/19/22 Pending -- -- --
01/06/2022 01/06/22 For Sale -- -- --
11/10/2021 11/10/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $524,900 -- $159 / 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 $15,094 $212,220 $32,950 $179,270
2023 $15,094 $197,040 $30,590 $166,450
2022 $14,806 $183,120 $28,430 $154,690
2021 $14,001 $173,730 $26,970 $146,760
2020 $13,738 $169,820 $26,360 $143,460
2019 $13,335 $167,480 $26,000 $141,480
2018 $13,303 $167,480 $26,000 $141,480
2017 $12,788 $160,270 $24,880 $135,390
2016 $11,096 $153,230 $23,790 $129,440
2015 $10,989 $147,760 $22,940 $124,820
2014 $11,108 $150,160 $23,310 $126,850
2013 $10 $140 $140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11193161

Midwest Real Estate Data (MRED)

APN: 29-26-01-481-018