See Home Value
Savoy 61822
305 Independence Drive
$445,000
● House - Off Market

305 Independence Drive

Savoy, IL 61874
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,837 Ft²
$2,972
Est. Monthly
$21
HOA / Fees
1.57%
Cap Rate

About This Property

Gorgeous and very well maintained home in Savoy. This is the ranch with a finished basement you have been waiting for! 5 bedrooms, 3 full bathrooms and multiple living spaces to spread out and enjoy. Enter the front door to your open floor plan with vaulted ceilings encompassing a formal dining space, kitchen with ample counter space and bar, eat in kitchen area and living room complete with a gorgeous fireplace as the centerpiece of the space. This floor is light and bright and opens to your fenced in backyard with large patio perfect for entertaining! Enjoy a split floor plan on the main floor with a primary suite featuring a large bathroom and closet! Your master bedroom also features loads of natural light to enjoy. You will find a large mud room space leading to your oversized garage space with plenty of storage. On the other side of the main floor you will find 2 nicely sized bedrooms and full bathroom. Enter the basement to find a family room space complete with wet bar and entertaining area to spread out and use as workout space, gathering or play room. This home features multiple updates including a new roof in 2020, and siding, gutters and soffits in 2021, It is also wired for speakers in the basement. With over 2700 finished square feet and over 950 square feet of unfinished storage space (perfect for future plans!) this ranch home is sure to be a great match for your needs and wants! Plus you will find lower taxes in Savoy and the proximity to plenty of restaurants, shopping and great neighborhood amenities!
Unit Size
1,837 Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
House
Property Taxes
$741
HOA Dues
$21
Year Built
-

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Last updated: 3 years ago (MRED MLS #12058782)

Price History

Date / Event Date Event Price
Jul 25, 2024 Sold
Sold
Jun 14, 2024 In contract -
In contract
Jun 4, 2024 Listed by KELLER WILLIAMS-TREC $450,000
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,027
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY ON THE LAKE 2 PHASE 1
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 470 LIBERTY ON THE LAKE 2 PHASE 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 03
  • Parcel: 03-20-35-309-018
  • Lot: 470
  • Meridian: SEC 35 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0582
  • Longitude: -88.2734

    Address

  • Full Address: 305 Independence Dr
  • Address - House Number: 305
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 7105
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $847,718
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 464,893
  • High Value: 555,646
  • Low Value: 374,140

    Market Valuation

  • Market Total Value: $344,070
  • Market Land Value: $63,840
  • Market Improvement Value: $280,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,690
  • Assessed Land Value: $21,280
  • Assessed Improvements Value: $93,410

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2014
  • Current Sale Recording Date: Jul 02, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014R11437
  • Previous Sale Recording Date: Nov 07, 2013
  • Previous Sale Contract Date: Oct 07, 2013
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Savoy


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Frequently Asked Questions

When was property at 305 Independence Drive built and last sold?
The property at 305 Independence Drive was built in and last sold on Jun 16, 2014 for $321,000.
How much is this home worth?
The estimated value of the home located at 305 Independence Drive is $0.
What are some comparable homes to 305 Independence Drive?
There are currently no comparable homes to 305 Independence Drive.