NOT LISTED FOR SALE

709 Lake Falls Blvd Savoy, IL 61874

Savoy Area

Estimated Value: $726,000 - $749,361

5 Beds
4.5 Baths
2,822 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2025

Last sale price $724,000 $257 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,712 / mo

4 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wood Flooring
  • Waterfront
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of October 2025

Welcome to this stunning lakefront residence, where comfort meets elegance in every detail. Move through a grand two-story foyer, flanked by a formal dining room, and into a breathtaking great room featuring a gas log fireplace and soaring cathedral ceiling. The heart of the home is a beautifully appointed eat-in kitchen with granite countertops, stainless steel appliances, rich cherry cabinetry, and a spacious walk-in pantry-perfectly situated to connect indoor gatherings with outdoor entertaining. Outside you will find an expansive deck with a brand-new pergola, overlooking a fully fenced, landscaped, and irrigated backyard. Adjacent to the kitchen is a stylish study with a coffered ceiling-ideal for working from home. The first-floor owner's suite is a true sanctuary, boasting 10-foot ceilings, a cozy sitting area, generous walk-in closet, and a luxurious en-suite bath with heated travertine tile, dual vanities, a garden tub, and separate shower. Upstairs, you'll find three oversized bedrooms, each with walk-in closets; one with a private full bath and the others sharing a second full bath. The fully finished basement expands your living space with a daylight family room, a large wet bar featuring a full-size refrigerator and wine fridge, a raised-floor theater room, a fifth bedroom with full bath and walk-in closet, plus additional storage.

Last Agent to Sell the Property

Scott Bechtel

KELLER WILLIAMS-TREC Brokerage Phone: (217) 377-6160 License #471003745 Listed on: 06/26/2025

KELLER WILLIAMS-TREC

Co-Listed By

Mike Elliott

KELLER WILLIAMS-TREC Brokerage Phone: (217) 377-6160 License #475167852

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,544

Year Built

  • Built in 2008

Lot Details

  • 11,522 Sq Ft Lot
  • Lot Dimensions are 96 x 120
  • Waterfront
  • Sprinkler System

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,822 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Whirlpool Bathtub

Finished Basement

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

Outdoor Features

  • Deck

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

Community Details

  • Association fees include insurance
  • Lake Falls Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,544

Year Built

Built in 2008

Lot Details

0.26 Acres

HOA Fees

$33 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
  • Subdivision Name: Lake Falls
  • Year Built: 2008
  • Age: 16-20 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 127 LAKE FALLS
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (217) 377-6160
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Floor Bedroom, Cathedral Ceiling(s), Wet Bar
  • LivingArea: 2822
  • Other Equipment: Sprinkler-Lawn, CO Detectors, Sump Pump
  • Room Type: Bedroom 5, Office, Media Room
  • Estimated Total Finished Sq Ft: 4112
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 4551
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone, Vinyl Siding
  • Patio And Porch Features: Deck
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 3

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: 400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Insurance

Schools

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

Lot Info

  • Lot Size Acres: 0.2645
  • Lot Dimensions: 96 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 19543.86
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Sep 10, 2025
Sold by
Bought by
Seller's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$745,000
Sold Price
$724,000
Premium/Discount to List
-$21,000
-2.82%
Views
19
Current Estimated Value
$736,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,787
Avg. Annual Appreciation
2.13%
Original Mortgage
$669,700
Outstanding Balance
$664,633
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$72,154

Purchase Details

Listed on
Mar 6, 2019
Closed on
Feb 3, 2020
Sold by
Bought by
Seller's Agent
Judy Fejes
Coldwell Banker R.E. Group
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$615,000
Sold Price
$562,000
Premium/Discount to List
-$53,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$449,600
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,905
Interest Rate
6.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,585
Interest Rate
6.05%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$724,000 None Listed On Document
$562,000 None Available
$589,000 None Available
$560,000 First Community Title
$103,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $669,700
Closed $449,600
Previous Owner $589,000
Previous Owner $114,905
Previous Owner $417,000
Previous Owner $551,585
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2025 10/03/25 Sold $724,000 -2.8% $257 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $745,000 +32.6% $264 / Sq Ft
02/14/2020 02/14/20 Sold $562,000 -4.6% $199 / Sq Ft View Prior Sale
12/18/2019 12/18/19 Pending -- -- --
07/25/2019 07/25/19 Price Changed $589,000 -1.7% $209 / Sq Ft
04/08/2019 04/08/19 Price Changed $599,000 -2.6% $212 / Sq Ft
03/06/2019 03/06/19 For Sale $615,000 -- $218 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,544 $283,080 $48,100 $234,980
2024 $18,737 $261,870 $44,500 $217,370
2023 $18,737 $243,150 $41,320 $201,830
2022 $17,786 $225,970 $38,400 $187,570
2021 $16,794 $214,390 $36,430 $177,960
2020 $16,469 $209,570 $35,610 $173,960
2019 $15,978 $206,680 $35,120 $171,560
2018 $15,940 $206,680 $35,120 $171,560
2017 $15,302 $197,780 $33,610 $164,170
2016 $13,257 $189,080 $32,130 $156,950
2015 $13,113 $182,330 $30,980 $151,350
2014 $13,263 $185,290 $31,480 $153,810
2013 $12,703 $182,130 $32,830 $149,300
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12400733

Midwest Real Estate Data (MRED)

APN: 29-26-01-481-006

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