NOT LISTED FOR SALE

611 Cayman Way Savoy, IL 61874

Estimated Value: $1,001,000 - $1,203,015

5 Beds
6.5 Baths
5,169 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,175,000 $227 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,807/month

71 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Home Office
  • Central High School Rated A
  • Wood Flooring
  • Home Gym

About This Home

As of September 2023

Luxury living at its finest! Located in Savoy's scenic Wilshire subdivision, with a total of 7,557 finished square feet, this 6-bedroom 7 bath custom-built home is nothing short of a showstopper. Set against a scenic backdrop, this all brick, stone detailed property leaves an impression upon first sight. Entryway boasts high-end hardwood floors, a high-end designer chandelier, and cathedral-style ceilings that lead into an open-concept style floor plan with heated flooring throughout. Modern finishes, spacious rooms, natural light, and coffered ceilings give this property a uniqueness and charm that you won't want to miss. A glazed porcelain Italian tile fireplace in the family room adds an added element of elegance and style. Multiple seating areas to entertain guests and a gourmet kitchen with luxury Italian floor tiles, a large walk-in pantry, exquisite calcutta laza quartz countertops, and ceiling-height cabinets with under-cabinet lighting and in-cabinet lighting. All cabinets have the soft close feature, deep drawers with peg board organizers, pull-out drawers, and racks. A glass tile and marble backsplash provide a regal look to this luxurious kitchen space. All appliances are stainless steel Thermador, Wolf, and sub-zero. The kitchen includes a 60-inch range with a full-size oven, steam oven, and warming drawer. Additionally, there is a 60 inch range hood with heating lamps and a make-up air system. Built-in microwave, pot filler, touch faucet, and separate hot water tap are additional amenities. A first-floor in-laws suite with a private laundry area and full bath is ideal for added privacy for guests. The second level boasts an additional seating area, with scenic views, that can be utilized in many ways, be it a personal library, or an additional family room, the possibilities are endless and open to your creativity. The master bedroom and bath offer a spa-like feel with a large walk-in closet and a walk-in shower, tub, dual sinks, and all marble finishes in the bathroom. Custom shelving in all bedroom closets. A basement that doesn't "feel like a basement" provides wonderful natural lighting, along with additional canned lighting throughout providing a feeling of warmth and coziness. The basement is fully finished with a full kitchen, home gym, home theater, and additional bedrooms to add to the comfort and uniqueness of this space. The house includes a central vac system, cat6 hard-wired for network connectivity, and hard-wired video security surveillance system with recording capability throughout the home. A three-car garage offers additional storage and a uniquely positioned one-car garage provides some added space for any family's unique needs. Beautiful landscaping and a large outdoor deck provide plenty of opportunities for outdoor gatherings and rest and relaxation. Located just minutes from grocery stores, walking trails, parks, and the Savoy Rec Center, it doesn't get any better than this! Book your showing today!

Last Agent to Sell the Property

Atif Irfan

BHHS Central Illinois, REALTORS License #475184926 Listed on: 05/13/2023

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,797

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 128x131
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 5,169 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Laundry Room

Kitchen

  • Second Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms

Finished Basement

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Schools

  • Champaign Elementary School
  • Champaign/Middle Call Unit 4 351
  • Centennial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Water Purifier
  • Water Purifier is Owned
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,797

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2019
  • Age: 1-5 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 38 WILSHIRE SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood, Water Purifier, Water Purifier Owned, Water Softener, Water Softener Owned, Gas Cooktop
  • Basement: Full
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 2388
  • LivingArea: 5169
  • Other Equipment: Water-Softener Owned, TV-Cable, Security System, Fire Sprinklers, CO Detectors, Sump Pump, Sprinkler-Lawn, Backup Sump Pump;, Multiple Water Heaters, Security Cameras
  • Room Type: Bedroom 5, Bedroom 7, Exercise Room, Kitchen, Media Room, Office, Sitting Room, Other Room, Pantry
  • Estimated Total Finished Sq Ft: 7557
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 5169
  • Basement Sq Ft: 2405
  • Total Sq Ft: 7574
  • Unfinished Basement Sq Ft: 17
  • Upper Level Sq Ft: 2490
  • Main Level Sq Ft: 2679
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 1175000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Stone,Brick/Stone Msn Pred

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, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 128X131
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 18796.62
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2021
Sold by
Ibrahim Shaik
Bought by
Ibrahim Shaik And Arshia Khaleelullah Joint R
Current Estimated Value
$1,100,005

Purchase Details

Closed on
Aug 22, 2019
Sold by
Devon Bank
Bought by
Ibrahim Sheik and Khaleelullah Arshia

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
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Aastra Group One Llc
Bought by
Shaik Ibrahim and Khaleelullah Arshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,400
Interest Rate
4.12%
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
Ibrahim Shaik And Arshia Khaleelullah Joint R -- None Listed On Document
Ibrahim Sheik -- None Available
Devon Bank -- Attorney
Shaik Ibrahim $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beal Danny W $901,500
Previous Owner Ibrahim Sheik $350,000
Previous Owner Shaik Ibrahim $590,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,175,000 0.0% $227 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $1,175,000 -2.1% $227 / Sq Ft
05/13/2023 05/13/23 For Sale $1,200,000 -- $232 / 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 $20,153 $293,620 $41,890 $251,730
2023 $20,153 $271,120 $38,680 $232,440
2022 $19,255 $252,910 $36,080 $216,830
2021 $18,797 $248,440 $35,440 $213,000
2020 $19,120 $245,980 $35,090 $210,890
2019 $2,859 $37,330 $33,330 $4,000
2018 $18 $240 $240 $0
2017 $18 $240 $240 $0
2016 $17 $240 $240 $0
2015 $17 $240 $240 $0
2014 $17 $240 $240 $0
2013 $17 $240 $240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11778350

Midwest Real Estate Data (MRED)

APN: 03-20-26-477-013