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Savoy 61874
702 Lake Falls Boulevard
$625,000
● House - Off Market

702 Lake Falls Boulevard

Savoy, IL 61874
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,648 Ft²
$722,354
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This home is a showcase of a property.  Built for the Builder (Illini Homes), this one-owner home has many upgrades and amenities including 9' ceilings on first floor, 8' doors on the first floor.  Lots of high-end trim work and built-ins.  Each bedroom has a large walk-in closet.    The backyard has a very nice Trex deck plus a large patio with a fire pit and grilling area.  The home was built with 2x12 floor joists and 2x6 walls with added insulation.  Dual Zoned HVAC with 17 seer AC, plus an air exchanger that will allow you to bring outside air in and remove the humidity from it.  The Daylight basement has natural light and includes a bedroom suite, wet bar and workout room.  The garage has enough space to easily fit 4 cars plus more room for bikes, tools, and toys.  This is one of the largest lots in Lake Falls.
Unit Size
2,648 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$236
Property Type
House
Property Taxes
$1,053
HOA Dues
$19
Year Built
2013

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Last updated: 3 years ago (MRED MLS #11100613)

Price History

Date / Event Date Event Price
Oct 21, 2022 No longer available -
No longer available
Jul 5, 2022 In contract -
In contract
Jul 1, 2022 Listed by RE/MAX REALTY ASSOCIATES-CHA $638,500
Listed by RE/MAX REALTY ASSOCIATES-CHA
Outstanding opportunity to "Own the home that was built for the builder"! Very impressive, custom designed 4500sqft home with spectacular curb appeal, prominently positioned on one of the largest lots in Lake Falls Subdivision! Way beyond a showcase home...this is a tremendous amount of property with upgrades & extras that would cost a fortune with current build costs. Massive covered brick/stone front porch with lovely custom made front door. Spacious entry with soaring two story ceilings, with a stunning staircase, 9ft. ceilings and 8ft. doors. Gorgeous beamed ceilings, crown molding & built in's through out. Professionally painted interior and high-end new carpet just installed. Wonderful layout...with both open spaces and private places to enjoy. The main level includes a convenient office bonus room and separate formal dining room off of the foyer. Large open concept living room with all new top-quality, all custom made ceiling height cabinetry/center island. Gorgeous granite counters & upscale built in stainless appliances, walk in pantry & utility room w/direct access to the garage. The second level has an amazing 17 x 15 master suite with, walk in closet, large, custom tiled shower, whirlpool tub & 12ft long vanity. 2nd full bath to service the 3 oversized bedrooms, each with their own walk in closets. Fully finished daylight basement has enormous 28 x 21 rec room, 20 x 20 home gym, the 5th bedroom, 4th full bath, a kitchenette with the cabinetry/counters finishes & huge storage area. Beautifully landscaped, large corner lot is enclosed with a maintenance free, black metal fence, has a beautiful pergola, a Trex deck, plus an expansive, stamped stone patio/fire pit/grilling area. Perfect for outdoor entertaining & family gatherings. Extremely well built, with 2x12 floor joists & 2x6 walls, added insulation, Dual Zoned HVAC with 17 seer AC, and even an air exchanger that will allow you to bring outside air in and remove the humidity. The garage has enough space to easily fit 4 cars plus more room for bikes, tools, and toys. Two driveways means off street parking for another 6 cars. Sought after Lake Falls Subd. with easy access to the University/shopping & low Savoy taxes. Beautifully appointed. Impeccable condition. You will NOT be disappointed with this one...Call to schedule your private showing today! The manager has listed the unit size as 3044 square feet.
Jul 14, 2021 Sold
Sold
May 26, 2021 Listed by Berkshire Hathaway HomeServices Central Illinois R $625,000
Listed by Berkshire Hathaway HomeServices Central Illinois R

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 2
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 6
  • Basement Area: 1,348
  • Garage Type: 1
  • Garage Square Area: 1,172
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,347
  • Total Building Area: 3,868
  • Gross Building Area: 3,868
  • Building Area: 2,158
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,158
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FALLS SUB PHASE 1
  • Land Acres: 0000000421
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 112 LAKE FALLS SUB PHASE 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 010901

Geography

  • District: 29
  • Parcel: 29-26-01-480-012
  • Lot: 112
  • Meridian: SEC 01 TWN 18N RNG 08E
  • Municipality: TOLONO
  • Latitude: 40.0419
  • Longitude: -88.2399

    Address

  • Full Address: 702 Lake Falls Blvd
  • Address - House Number: 702
  • Address - Street Name: Lake Falls
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Savoy
  • Carrier Code: R005
  • 4-Digit Zip Code: 7448
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,365,348
  • Tax Rate Code Area: 2905

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 682,760
  • High Value: 834,803
  • Low Value: 530,717

    Market Valuation

  • Market Total Value: $524,580
  • Market Land Value: $92,610
  • Market Improvement Value: $431,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,860
  • Assessed Land Value: $30,870
  • Assessed Improvements Value: $143,990

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18756
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: Jul 14, 2021
  • Previous Sale Amount: $625,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 611 Buttercup Drive, Savoy, IL, 61874

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,280 ft²
611 Buttercup Drive, Savoy, IL, 61874 Listing by Creg McDonald


Frequently Asked Questions

When was property at 702 Lake Falls Boulevard built and last sold?
The property at 702 Lake Falls Boulevard was built in 2013 and last sold on Sep 26, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 702 Lake Falls Boulevard is $0.
What are some comparable homes to 702 Lake Falls Boulevard?
There are currently no comparable homes to 702 Lake Falls Boulevard.