NOT LISTED FOR SALE

611 Silver Lake Ct Savoy, IL 61874

Estimated Value: $532,000 - $582,000

5 Beds
4 Baths
2,309 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $385,000 $167 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,787/month

92 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Bar Fridge
  • Central High School Rated A
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of September 2020

Great home and neighborhood in Lake Falls subdivision. This 1 owner high quality built home is so easy on the eyes. The adorable and trendy modern craftsman style is timeless. With over 3,000 sq ft, 5 beds and 3.5 baths there is plenty of space. Interior finishes are beyond beautiful with the granite countertops, custom tiled showers, hardwood floors, a fabulous basement bar/kitchen, second floor laundry, expansive walk in pantry, and heated garage (these are just a few of my favorite things). Homes has been pre-inspected. Call today to arrange your exclusive showing!

Last Agent to Sell the Property

Katie Page

MR. LANDMAN License #471020971 Listed on: 04/24/2020

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,291

Year Built

  • 2014

Lot Details

  • 9,453

HOA Fees

  • $21 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Built-In Features
  • Bar Fridge
  • Fireplace With Gas Starter
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Bar Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,291

Year Built

2014

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2309
  • Unfinished Basement Sq Ft: 225
  • Type Detached: 2 Stories
  • Estimated Year Built: 2014
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 3434
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Starter
  • Attic: Finished, Pull Down Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 14X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X12, On Level: Basement
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level
  • Estimated Sq Ft: 2309
  • Estimated Total Finished Sq Ft: 3209
  • Basement Sq Ft: 1125
  • Basement Finished Sq Ft: 900
  • Main Level Sq Ft: 1125
  • Upper Level Sq Ft: 1184
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X17, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Stone

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: U
  • Assessment Association Fees: 250

Schools

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

Lot Info

  • Lot Dimensions: 122X69X122X77
  • Parcel Identification Number: 292601482006

Tax Info

  • Taxes: 8723.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Sep 27, 2020
Sold by
Mccoy Ryan T and Mccoy Erin M
Bought by
Megeff Randall A and Megeff Johnna M
Seller's Agent
Katie Page
MR. LANDMAN
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$533,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,842
Avg. Annual Appreciation
6.45%
Original Mortgage
$308,000
Outstanding Balance
$275,709
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$246,649

Purchase Details

Closed on
Apr 29, 2014
Sold by
Savoy Developers Inc
Bought by
Signature Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
4.2%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Megeff Randall A $385,000 Attorney
Signature Homebuilders Llc $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Megeff Randall A $51,000
Open Megeff Randall A $308,000
Previous Owner Mccoy Ryan T $292,686
Previous Owner Mccoy Ryan T $29,944
Previous Owner Mccoy Ryan T $29,800
Previous Owner Mccoy Ryan T $298,750
Previous Owner Signature Homebuilders Llc $271,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $385,000 0.0% $167 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $385,000 -1.9% $167 / Sq Ft
06/04/2020 06/04/20 Price Changed $392,500 -0.6% $170 / Sq Ft
04/24/2020 04/24/20 For Sale $395,000 +21.5% $171 / Sq Ft
05/18/2015 05/18/15 Sold $325,000 -3.0% $141 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $334,900 -- $145 / 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 $10,291 $151,470 $25,460 $126,010
2023 $10,291 $140,640 $23,640 $117,000
2022 $9,754 $126,630 $21,970 $104,660
2021 $9,199 $120,140 $20,840 $99,300
2020 $9,016 $117,440 $20,370 $97,070
2019 $8,744 $115,820 $20,090 $95,730
2018 $8,723 $115,820 $20,090 $95,730
2017 $8,364 $110,830 $19,220 $91,610
2016 $7,238 $105,950 $18,370 $87,580
2015 $7,597 $102,160 $17,710 $84,450
2014 $10 $140 $140 $0
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: MRD10697723

Midwest Real Estate Data (MRED)

APN: 29-26-01-482-006