Stunning like new construction located in Savoy's beautiful Lake Falls Subdivision. The natural light is abundant with oversized windows that overlook your tree lined backyard view. Tall ceilings. spacious great room with gas fireplace and stone surround. There are 6 bedrooms and 4 full bathrooms with a full finished basement. This beautiful kitchen features white maple shaker cabinets, quartz countertops. large island, tiled backsplash and walk-in pantry. With a first floor bedroom/office with a full bath, drop zone, dining room and a 3 car garage. Upstairs you will find an oversized master bedroom, custom tile shower and spa tub, double sinks and large walk in closet. Three additional bedrooms, full bath and laundry finish out the second story. Finished basement with a large rec room features a gas fireplace, complete with wet bar, bedroom, full bath and storage. Schedule your showing for this luxurious home.
Closed
$605,000
501 Lake Falls Blvd, Savoy, IL 61874
6beds
2,565sqft
Single Family Residence
Built in 2019
10,454 Square Feet Lot
$662,400 Zestimate®
$236/sqft
$3,885 Estimated rent
Home value
$662,400
$629,000 - $696,000
$3,885/mo
Zestimate® history
Owner options
List your home for rent
$3,885/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,885/mo
Rent Zestimate®
Refinance and save
$4,397/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,397/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Gas fireplaceWet barFinished basementTall ceilingsLarge rec roomLaundry finishNatural light
Zillow last checked:
Listing updated:
Listed by:
Jennifer Snodsmith 815-370-6730,
KELLER WILLIAMS-TREC
Bought with:
Nick Tangen
RE/MAX Realty Associates-Savoy
Source: MRED as distributed by MLS GRID,MLS#: 11804871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom 5, Bedroom 6, Bonus Room, Recreation Room, Other Room
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 224 Square Feet
- Dimensions: 14X16
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 154 Square Feet
- Dimensions: 11X14
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 154 Square Feet
- Dimensions: 11X14
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 154 Square Feet
- Dimensions: 11X14
Bedroom 5
- Features: Flooring (Carpet)
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 6
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 12X13
Bonus room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 182 Square Feet
- Dimensions: 14X13
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Family room
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16X20
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Walk-in), Flooring (Wood Laminate)
- Level: Main
- Area: 350 Square Feet
- Dimensions: 25X14
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Second
- Area: 49 Square Feet
- Dimensions: 7X7
Other
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11X6
Recreation room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 220 Square Feet
- Dimensions: 10X22
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Disposal
- Laundry: Upper Level
Features
- Cathedral Ceiling(s), Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Gas Log, Family Room
Interior area
- Total structure area: 3,961
- Total interior livable area: 2,565 sqft
- Finished area below ground: 930
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 10,454 Square Feet
- Dimensions: 120 X 86.76
Details
- Parcel number: 292601400015
- Special conditions: None
- Other equipment: TV-Cable, Ceiling Fan(s), Sump Pump, Backup Sump Pump;, Radon Mitigation System
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Stone
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s)
- Subdivision: Lake Falls
HOA
- Services included: None
Location
- Region: Savoy
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $503,640
- Annual tax amount: $11,228
- Date on market: 6/14/2023
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2023 | Sold | $605,000-2.3%$236/sqft |
Source:  MRED as distributed by MLS GRID #11804871 Report a problem | ||
| 6/28/2023 | Contingent | $619,000$241/sqft |
Source: MRED as distributed by MLS GRID #11804871 Report a problem | ||
| 6/14/2023 | Listed for sale | $619,000+38.5%$241/sqft |
Source: MRED as distributed by MLS GRID #11804871 Report a problem | ||
| 6/19/2020 | Sold | $447,000$174/sqft |
Source: MRED as distributed by MLS GRID #10513803 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,365 +4.4% | $167,880 +7.7% |
| 2023 | $11,842 +5.5% | $155,880 +7.6% |
| 2022 | $11,229 +6% | $144,870 +5.4% |
| 2021 | $10,593 -2.5% | $137,450 +2.3% |
| 2020 | $10,869 | $134,360 -7.9% |
| 2019 | -- | $145,880 |
Find assessor info on the county website
Neighborhood: 61874
Nearby homes
- $608,8005 bd4 ba2.2k sqft503 Lake Falls Blvd, Savoy, IL 61874Off Market
- $695,600-- bd-- ba-- sqft421 Lake Falls Blvd, Savoy, IL 61874Off Market
- $718,700-- bd-- ba-- sqft419 Lake Falls Blvd, Savoy, IL 61874Off Market
- $99,810-- sqft505 Lake Falls Blvd, Savoy, IL 61874Off Market
- $737,4005 bd5 ba2.7k sqft504 Lake Falls Blvd, Savoy, IL 61874Off Market
- $459,360-- bd-- ba-- sqft417 Lake Falls Blvd, Savoy, IL 61874Off Market
- $695,4005 bd5 ba2.9k sqft1103 Cascade Dr, Savoy, IL 61874Off Market
- $740,9005 bd4 ba4.6k sqft506 Lake Falls Blvd, Savoy, IL 61874Off Market
Nearby schools
GreatSchools rating
- 8/10Carrie Busey Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 4.8 mi
- 4/10Central High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- High: Central High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$662,400
2% more
+$13,248
With Zillow Showcase(estimated)
$675,648
- Illinois
- Champaign County
- Savoy
- 61874
- 501 Lake Falls Blvd
Nearby cities
Nearby zip codes
Other Savoy Topics
