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Champaign 61822
4702 Chestnut Grove Drive
$638,000
● House - Off Market

4702 Chestnut Grove Drive

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,552 Ft²
$4,394
Est. Monthly
$33
HOA / Fees
0.27%
Cap Rate

About This Property

Featuring several recent major updates, this custom crafted home in Chestnut Grove Subdivision sits on an oversize lot that backs to a multi-subdivision walking & biking trail. The front entry leads into an open concept living room, dining room & kitchen layout under soaring cathedral ceilings with more than a thousand square feet of freshly refinished custom oak floors. Other highlights include abundant natural light from the skylights and oversized windows throughout. The current owners updated the fireplace with a floor-to-ceiling stone surround that is now the centerpiece of the great room. A flexible second living space features windows on three sides and a wall of glass that opens to the massive covered back patio. The gourmet kitchen features plentiful custom cabinetry, tile backsplash, a massive island overlooking the Great Room, and a full complement of upscale stainless steel appliances. A stunning set of arched French doors lead to a study that shares a Jack & Jill full bath with the front bedroom. That bedroom boasts a large walk-in closet and an oversize window with a window seat with integrated storage along with open shelves flanking each side of the window. The luxurious primary bedroom suite features a recently replaced oversize Andersen sliding glass door that creates a wall of glass overlooking the back patio and the backyard. The current owners did a complete reimagining of the en suite bath, which features an indulgent custom glass shower with multiple shower heads, including an overhead rainshower. The two vanity areas are separated by huge full-length linen storage cabinets. The bath also features heated tile floors. The walk-in closet features solid built-in organizers on three sides. The open stairs descend into nearly a thousand square feet of open living and entertaining space, featuring two oversize windows with terraced stone block wells for drastically increased natural light. There is also an elaborate hand-crafted bar and kitchenette area. A dedicated theater room includes soft sconce lighting, two tiers for stadium seating arrangements, and built-in speaker wiring for surround sound. Secluded at the end of the hall are a large bedroom with a walk-in closet and a third full bath. The unfinished basement utility room offers a few hundred square feet of bonus storage, as well as housing twinned 50-gallon gas water heaters for virtually endless hot water. The HVAC includes a high efficiency furnace with a new heat exchanger in 2020, and a/c new in 2016. There is also a radon mitigation system installed. Yard features  an automatic sprinkler system and all of the sprinkler heads were replaced in 2023. Roof, gutters, and additional attic insulation done in 2021.  See HD photo gallery & 3D virtual tour!
Unit Size
2,552 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$255
Property Type
House
Property Taxes
$1,169
HOA Dues
$33
Year Built
-

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Last updated: 3 years ago (MRED MLS #11974924)

Price History

Date / Event Date Event Price
Apr 29, 2024 Sold
Sold
Feb 7, 2024 Listed by RE/MAX REALTY ASSOCIATES-CHA $649,900
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

Air Conditioning

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: 24,031
  • 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: THE TRAILS AT CHESTNUT GROVE SUB PHASE 1
  • Land Acres: 0000000552
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 151 THE TRAILS AT CHESTNUT GROVE SUB PHASE 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 45-20-20-131-021
  • Lot: 151
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0955
  • Longitude: -88.324

    Address

  • Full Address: 4702 Chestnut Grove Dr
  • Address - House Number: 4702
  • Address - Street Name: Chestnut Grove
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 3316
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,402,636
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 683,717
  • High Value: 823,218
  • Low Value: 544,216

    Market Valuation

  • Market Total Value: $502,440
  • Market Land Value: $95,280
  • Market Improvement Value: $407,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $167,480
  • Assessed Land Value: $31,760
  • Assessed Improvements Value: $135,720

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019R18142
  • Previous Sale Recording Date: Jul 19, 2012
  • Previous Sale Contract Date: Jul 16, 2012
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Champaign


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Frequently Asked Questions

When was property at 4702 Chestnut Grove Drive built and last sold?
The property at 4702 Chestnut Grove Drive was built in and last sold on Sep 5, 2019 for $530,000.
How much is this home worth?
The estimated value of the home located at 4702 Chestnut Grove Drive is $0.
What are some comparable homes to 4702 Chestnut Grove Drive?
There are currently no comparable homes to 4702 Chestnut Grove Drive.