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Savoy 61822
405 Potomac Avenue
$500,000
● House - Off Market

405 Potomac Avenue

Savoy, IL 61874
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,467 Ft²
$3,207
Est. Monthly
5.88%
Cap Rate

About This Property

Stunning Updated Home with 4-Season Sunroom & Finished Basement!  This beautifully updated home, built in 2010, offers modern upgrades and exceptional living spaces. The first floor features a spacious living room with a cozy fireplace, a formal dining room, and an eat-in kitchen equipped with brand-new stainless steel appliances, granite countertops, and ample cabinetry. Upstairs, you'll find four generous bedrooms, including a luxurious owner's suite with a full bath featuring a whirlpool tub and separate shower.  Enjoy the perfect blend of newer wood and LVP flooring throughout the home. The fully finished basement adds 700 sq. ft. of versatile space, complete with a bath and utility room. In 2023, a stunning 4-season sunroom was added, complete with a mini-split HVAC system for year-round comfort. Step outside to a private backyard enclosed by a vinyl privacy fence, featuring an open patio for outdoor relaxation. A charming covered front porch adds to the home's curb appeal.    Move-in ready and packed with upgrades
Unit Size
2,467 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (MRED MLS #12295197)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Sold
Mar 7, 2025 In contract -
In contract
Feb 27, 2025 Listed by Champaign County Realty $510,000
Listed by Champaign County Realty
Jun 12, 2020 No longer available -
No longer available
Apr 16, 2020 Price Decreased $340,000
↓ $10K (2.9%)
Price Decreased
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Property Highlights

Garage
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: 8,960
  • 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: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 431 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: 03-20-35-308-020
  • Lot: 431
  • Meridian: SEC 35 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0588
  • Longitude: -88.2744

    Address

  • Full Address: 405 Potomac Ave
  • Address - House Number: 405
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 8113
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $803,266
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 433,913
  • High Value: 520,820
  • Low Value: 347,006

    Market Valuation

  • Market Total Value: $326,970
  • Market Land Value: $63,810
  • Market Improvement Value: $263,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,990
  • Assessed Land Value: $21,270
  • Assessed Improvements Value: $87,720

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020R13279
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Contract Date: Aug 27, 2012
  • Previous Sale Amount: $282,000
  • 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 405 Potomac Avenue built and last sold?
The property at 405 Potomac Avenue was built in and last sold on Jul 1, 2020 for $327,500.
How much is this home worth?
The estimated value of the home located at 405 Potomac Avenue is $0.
What are some comparable homes to 405 Potomac Avenue?
There are currently no comparable homes to 405 Potomac Avenue.