NOT LISTED FOR SALE

7 Cedar Grove Ct Savoy, IL 61874

Estimated Value: $483,000 - $557,000

4 Beds
3.5 Baths
2,522 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $427,000 $169 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,625/month

5 Days on Market

Highlights

  • Lake Front
  • Deck
  • Traditional Architecture
  • Central High School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2022

This "cottage style" 5BR/3.5BA lakefront home set on a quiet cul-de-sac in Fieldstone Subdivision is a must see. A former Showcase home (2008), this property has beautiful higher end finishes throughout. Dark hardwood floors lead you into a lovely dining room and kitchen complete with stainless steel appliances, center island, quartz countertops, custom cabinetry and table space. The kitchen opens to a lovely living room with beamed ceiling, stone fireplace and large windows, allowing for gorgeous lake views. The main floor offers extra convenience with a separate den/office space, 1/2 bath and mud room. The second floor has a spacious master bedroom with walk-in closet and attached bath, as well as three additional bedrooms, a full bath and convenient 2nd floor laundry. The finished basement affords you a huge amount of extra living space or a fantastic place to entertain, offering a family room, recreation room, additional bedroom and full bath. You'll love the large fenced backyard with lake views from the deck and paver patio. Convenient location offers easy access to the UI campus, shopping, restaurants and I57. New dishwasher/stove 2022, New Roof Summer 2021, New Furnace 2019, Paver Patio added 2021, Radon Mitigation System 2013

Last Agent to Sell the Property

Katie Ruthstrom

KELLER WILLIAMS-TREC License #475126777 Listed on: 03/03/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,497

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 60x120x109x120
  • Lake Front
  • Cul-De-Sac
  • Paved or Partially Paved Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Radon Mitigation System

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 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
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • Fieldstone Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,497

Year Built

Built in 2008

Lot Details

0

HOA Fees

$19 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Fieldstone
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 212 FIELDSTONE SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1053
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2522
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump, Radon Mitigation System
  • Room Type: Bedroom 5, Recreation Room, Den, Eating Area, Mud Room
  • Estimated Total Finished Sq Ft: 3575
  • Assessed Sq Ft: 1224
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 2522
  • Basement Sq Ft: 1234
  • Fireplace Location: Living Room
  • Total Sq Ft: 3756
  • Unfinished Basement Sq Ft: 181
  • Upper Level Sq Ft: 1288
  • Main Level Sq Ft: 1234
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 414900
  • Lot Features: Cul-De-Sac, Lake Front
  • Waterfront: Yes
  • 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
  • Type: Eating Area-Table Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

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

  • Lot Dimensions: 60X120X109X120
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 8497.3
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Takhar Pawan and Takhar Suneet
Bought by
Martinez Marcus D and Martinez Kristin
Current Estimated Value
$510,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,650
Outstanding Balance
$250,011
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$249,734

Purchase Details

Closed on
Jan 8, 2013
Sold by
Iniguez Jose A and Iniguez Kristen C
Bought by
Takhar Pawan and Takhar Suneet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2008
Sold by
Walder James A and Timbercreek Developer Inc
Bought by
Iniguez Jose A and Iniguez Kristen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,960
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
Fieldstone Subdivision Llc
Bought by
Walder James A and Timbercreek Developer Inc
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
Martinez Marcus D $328,500 Attorney
Takhar Pawan $338,000 None Available
Iniguez Jose A $368,000 None Available
Walder James A $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Marcus D $295,650
Previous Owner Takhar Pawan $211,000
Previous Owner Iniguez Jose A $350,641
Previous Owner Iniguez Jose A $356,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $427,000 +2.9% $169 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $414,900 -- $165 / 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 $9,704 $138,740 $26,830 $111,910
2023 $9,704 $128,820 $24,910 $103,910
2022 $9,195 $119,720 $23,150 $96,570
2021 $8,670 $113,580 $21,960 $91,620
2020 $8,497 $111,030 $21,470 $89,560
2019 $8,240 $109,490 $21,170 $88,320
2018 $8,220 $109,490 $21,170 $88,320
2017 $8,959 $118,280 $20,260 $98,020
2016 $7,754 $113,080 $19,370 $93,710
2015 $7,664 $109,050 $18,680 $90,370
2014 $7,754 $110,820 $18,980 $91,840
2013 $7,560 $110,820 $18,980 $91,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323702

Midwest Real Estate Data (MRED)

APN: 29-26-12-127-031