NOT LISTED FOR SALE

61 Chestnut Ct Champaign, IL 61822

Estimated Value: $523,000 - $643,000

4 Beds
3 Baths
3,514 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $555,000 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,974/month

37 Days on Market

Highlights

  • 0.62 Acre Lot
  • Mature Trees
  • Deck
  • Central High School Rated A
  • Community Lake
  • Contemporary Architecture

About This Home

As of April 2022

Stunning, custom built John Replinger designed home situated on two lots in classic Lake Park neighborhood. Striking, clean design with vaulted ceilings, continuous hardwood floors and amazing views from an abundance of Pella windows in every room of this home. This one owner home has been lovingly lived in and cared for for over 40 years. This open floor plan is designed for many uses and includes a cozy wood burning fireplace, an abundance of built ins and a remarkably efficient kitchen design. Three separate staircases access the 2nd level which offers additional bedrooms, office and loft space and a large recreation room. The main level master includes an ensuite bath and ample closet space and a private deck accessed through sliding doors. There's even a shop/garden/craft room for the hobby enthusiast! The full, unfinished basement offers storage or further expansion. Enjoy year round beauty from multiple decks surrounded by beautiful landscaping and mature trees. The Lake Park neighborhood offers 40 acres of lake and green space which includes walking paths through the Prairie and Field of Trees, garden plots, sand beach and other common spaces. This is a rare opportunity to own a special house!!

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 01/26/2022

Co-Listed By

Liz Mcdonald

Realty Select One License #471022702

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296 Listed on: 01/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,340

Year Built

  • Built in 1982

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 198.4x138.45x200x134.75
  • Cul-De-Sac
  • Sprinkler System
  • Mature Trees
  • Additional Parcels

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Contemporary Architecture
  • Shake Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,514 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Workshop
  • Utility Room with Study Area
  • Wood Flooring
  • Dormer Attic

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Tideland Water Rights
  • Balcony
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Power Generator

Community Details

  • Association fees include lake rights
  • Katie Buckely Association
  • Lake Park Subdivision
  • Property managed by Lake Park HOA
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,340

Year Built

Built in 1982

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Lake Park
  • Year Built: 1982
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LAKE 61 AND 62 LAKE PARK SUBDIVISION 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3514
  • Other Equipment: Security System, CO Detectors, Sump Pump, Sprinkler-Lawn, Radon Mitigation System, Generator
  • Room Type: Office, Loft, Workshop
  • Estimated Total Finished Sq Ft: 3514
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3514
  • Basement Sq Ft: 1019
  • Fireplace Location: Living Room
  • Total Sq Ft: 4533
  • Unfinished Basement Sq Ft: 1019
  • Upper Level Sq Ft: 1349
  • Attic: Dormer
  • Main Level Sq Ft: 2165
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 575000
  • Lot Features: Cul-De-Sac, Water Rights, Mature Trees
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Shakes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1102
  • Association Fee Frequency: Annually
  • Community Features: Lake, Water Rights
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Park HOA
  • Management Contact Name: Katie Buckely
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.62
  • Lot Dimensions: 198.4X138.45X200X134.75
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 11340.48
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Ritz Mark and Ritz Mark A
Bought by
Mark A Ritz Trust and Ritz
Current Estimated Value
$564,636

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 29, 2022
Sold by
Anne Fitzgerald Slichter Declaration Of
Bought by
Ritz Mark
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$595,000
Sold Price
$555,000
Premium/Discount to List
-$40,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$325,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2021
Sold by
Slichter Anne F and Slichter Charles P
Bought by
Slichter Anne F and Anne F Slichter Declaration Of
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
Mark A Ritz Trust -- None Listed On Document
Ritz Mark $555,000 None Listed On Document
Slichter Anne F -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritz Mark $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $555,000 -6.7% $158 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $595,000 -- $169 / 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 $10,652 $163,690 $24,390 $139,300
2023 $10,652 $156,160 $22,520 $133,640
2022 $10,170 $145,670 $21,010 $124,660
2021 $9,927 $143,100 $20,640 $122,460
2020 $9,848 $141,690 $20,440 $121,250
2019 $9,155 $139,320 $20,100 $119,220
2018 $9,142 $139,320 $20,100 $119,220
2017 $9,155 $139,320 $20,100 $119,220
2016 $8,174 $139,320 $20,100 $119,220
2015 $8,284 $139,320 $20,100 $119,220
2014 $6,577 $117,550 $20,100 $97,450
2013 $6,465 $117,550 $20,100 $97,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11282979

Midwest Real Estate Data (MRED)

APN: 03-20-36-281-008