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118 Savoy Lane

118 Savoy Lane, Cary, IL 60013
House in Cambria
Sold Mar 06, 2018
$222,000
$217,979 by Flagstar Bank Fsb
Mortgage Due Mar 01, 2048
Sold May 12, 2003
$247,338
$197,870 by Guaranty Residential Lending I
Mortgage Due Jun 01, 2033
118 Savoy Lane in Cary, IL was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 118 Savoy Lane has 2,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 10,920 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 Savoy Lane sold most recently in Feb 22, 2018 for a total of $222,000. If you work out the math, that's approximately a cost of $59.57 per sqft. Before that, the property was also sold for $247,338 in May 1, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,783 in taxes each year. 118 Savoy Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $93,126. If we break it down further, the land itself was valued at $34,245. Improvements to the property, however, were assessed at a total of $58,881. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,127
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,920
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,727
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMBRIA UNIT 10
  • Land Acres: 0.251
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: DOC 2018R0007019 LT 163 CAMBRIA UNIT 10

Ownership

  • Current Owner : GROT ERIC
  • Current Owner 2: GROT DOMINIKA
  • Previous Owner : YU DONG
  • Previous Owner 2: CHEN YURONG
  • Owner Before Previous Owner: CAMBRIA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871312

Geography

  • Parcel: 19-15-276-036
  • Lot: 163
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2072
  • Longitude: -88.2812

    Address

  • Full Address: 118 Savoy Dr
  • Legal Unit: 10
  • Address - House Number: 118
  • Address - Street Name: Savoy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: R011
  • 4-Digit Zip Code: 1819
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,783
  • Tax Rate Code Area: 19141

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 371,549
  • High Value: 433,333
  • Low Value: 309,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,979
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Mar 06, 2018
  • First Open Lien Mortgage Loan Amount: $217,979
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Market Valuation

  • Market Total Value: $279,378
  • Market Land Value: $102,735
  • Market Improvement Value: $176,643

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,126
  • Assessed Land Value: $34,245
  • Assessed Improvements Value: $58,881

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Mar 06, 2018
  • Current Sale Transaction ID: 11432619917
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0007019
  • Previous Sale Recording Date: May 12, 2003
  • Previous Sale Contract Date: May 01, 2003
  • Previous Sale Amount: $247,338
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Mar 06, 2018
  • First Mortgage Loan Amount: $217,979
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • Previous Mortgage Transaction Date: May 12, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $197,870
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2033

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Frequently Asked Questions

What neighborhood is 118 Savoy Lane located in?
The 118 Savoy Lane is a house located in the neighborhood of Cambria in Cambria, Cary.
What is the average sales price for listings in 118 Savoy Lane?
The average sales price for units in 118 Savoy Lane is $0 currently.

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