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Savoy 61874
709 Lake Falls Boulevard
$724,000
● House - Off Market

709 Lake Falls Boulevard

Savoy, IL 61874
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,822 Ft²
$5,321
Est. Monthly
$33
HOA / Fees
2.64%
Cap Rate

About This Property

Welcome to this stunning lakefront residence, where comfort meets elegance in every detail. Move through a grand two-story foyer, flanked by a formal dining room, and into a breathtaking great room featuring a gas log fireplace and soaring cathedral ceiling.  The heart of the home is a beautifully appointed eat-in kitchen with granite countertops, stainless steel appliances, rich cherry cabinetry, and a spacious walk-in pantry-perfectly situated to connect indoor gatherings with outdoor entertaining. Outside you will find an expansive deck with a brand-new pergola, overlooking a fully fenced, landscaped, and irrigated backyard.  Adjacent to the kitchen is a stylish study with a coffered ceiling-ideal for working from home. The first-floor owner's suite is a true sanctuary, boasting 10-foot ceilings, a cozy sitting area, generous walk-in closet, and a luxurious en-suite bath with heated travertine tile, dual vanities, a garden tub, and separate shower.  Upstairs, you'll find three oversized bedrooms, each with walk-in closets; one with a private full bath and the others sharing a second full bath.  The fully finished basement expands your living space with a daylight family room, a large wet bar featuring a full-size refrigerator and wine fridge, a raised-floor theater room, a fifth bedroom with full bath and walk-in closet, plus additional storage.
Unit Size
2,822 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$264
Property Type
House
Property Taxes
$1,629
HOA Dues
$33
Year Built
2008

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,917
  • Garage Type: 1
  • Garage Square Area: 925
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,496
  • Total Building Area: 4,879
  • Gross Building Area: 4,879
  • Building Area: 3,282
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,282
  • 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: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 127 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: 29-26-01-481-006
  • Lot: 127
  • Meridian: SEC 01 TWN 18N RNG 08E
  • Municipality: TOLONO
  • Latitude: 40.0413
  • Longitude: -88.239

    Address

  • Full Address: 709 Lake Falls Blvd
  • Address - House Number: 709
  • Address - Street Name: Lake Falls
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Savoy
  • Carrier Code: R005
  • 4-Digit Zip Code: 7442
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,778,606
  • Tax Rate Code Area: 2905

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 737,372
  • High Value: 914,844
  • Low Value: 559,899

    Market Valuation

  • Market Total Value: $677,910
  • Market Land Value: $115,200
  • Market Improvement Value: $562,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,970
  • Assessed Land Value: $38,400
  • Assessed Improvements Value: $187,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020R02502
  • Previous Sale Recording Date: Apr 19, 2017
  • Previous Sale Contract Date: Apr 14, 2017
  • Previous Sale Amount: $589,000
  • 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 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 709 Lake Falls Boulevard built and last sold?
The property at 709 Lake Falls Boulevard was built in 2008 and last sold on Feb 3, 2020 for $562,000.
How much is this home worth?
The estimated value of the home located at 709 Lake Falls Boulevard is $0.
What are some comparable homes to 709 Lake Falls Boulevard?
There are currently no comparable homes to 709 Lake Falls Boulevard.