$5,106 Closing Credit¹
#12353141, Lisa Rector, Listing office: KELLER WILLIAMS-TREC
$418,500 List price
407 Banbury Ln Savoy, IL 61874
$4,970
Closing credit¹
3 beds
2 full, 1 partial
2,182 sqft
0.2 acres
$192 / sqft
House
Property details
About 407 Banbury Ln
This upgraded 2-story home is better than new! Hardwood floors, an amazing kitchen and a master suite that will surprise - It has it all! Hardwood floors stand out at the entry and into the main living space. Your new kitchen features granite counters, upgraded cabinetry and an oversized island that provides plenty of space for cooking and entertaining. A spacious breakfast/dining area connects you to a large family room with gas fireplace. Windows run along the south side of this space for excellent natural light. A flex room sits near the front door and can be used for an office, formal dining or play space. Off the garage entry is a large laundry and storage closet that could easily be converted into benches and lockers. Upstairs you'll find some impressive changes from the standard Madison floor plan. The primary suite has been joined with the 4th bedroom to create a private sitting room. This space would be great for a private study/office, a nursery and could even be easily converted back to a 4th bedroom if desired. The basement includes over 1000sqft of additional space and is plumbed for a full bath and includes an egress window. Updates/Upgrades - Roof 2021, Refrigerator and Washer in 2022, kitchen island was adjusted in the original build to add size and space, upgraded cabinets in master and 1/2 bath, granite counters in the master bath, quality window blinds. This home has also been pre-inspected and is ready to go!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
(New)
(New)
CoolingCentral Air
Size2,182 sqft
BasementYes
Lot size0.18 Acres
Year built2010
ParkingOn Site, Garage Owned, Attached, Garage
MLS #12390438
Garage3 spaces
FireplaceGas Log
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Basement: Yes
- Interior: Walk-In Closet(s)
- Fireplace: Gas Log
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- Parking: On Site, Garage Owned, Attached, Garage
- Architectural Style: Traditional
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $418,500
- Price/SqFt: $191
- HOA Amount: $275 Annually
- Annual Tax Amount: $8,400
- Tax Year: 2023
- Directions: From E Church St in Savoy, head south on Denton Dr, then turn right onto Banbury Ln to reach 407 Banbury Ln.
- Year Built: 2010
- Living Area: 2,182 SqFt
- Lot Size: 0.18 Acres
- MLS Number: 12390438
- MLS Name: MRED
- Office Name: KELLER WILLIAMS-TREC
- Office Phone: (217) 356-6100
- Listing Agent: Mark Waldhoff
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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$418,500
407 Banbury Ln
$4,970
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 26, 2010 | Home Sold | $265,000 |
| May 19, 2010 | Home Sold | $53,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $112,880 | $8,400 |
| 2022 | $104,910 | $7,922 |
| 2021 | $99,540 | $7,442 |
| 2020 | $97,300 | $7,277 |
| 2019 | $95,960 | $7,048 |
| 2018 | $95,960 | $7,029 |
| 2017 | $91,820 | $6,713 |
History based on county public records data.
Nearby schools
8
Carrie Busey Elementary School
Public District KG-5
0.3 mi
•304 Prairie Rose Ln
6
Vernon L Barkstall Elementary School
Public District KG-5
2.5 mi
•2201 Hallbeck Dr
4
Bottenfield Elementary School
Public District KG-5
2.9 mi
•1801 S Prospect Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,914. The most common annual income of people living in Savoy, IL is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
53%
35k-100k
18%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hunting
Monster Trucks
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Wal-Mart
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Hardee's
Cracker Barrel
What do the neighbors drive?
Subaru
Ram
Cadillac
What do the neighbors listen to?
New Country
Classic Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 407 Banbury Ln
The listing price of 407 Banbury Ln property is $418,500.
The property 407 Banbury Ln is a house located in Savoy, Illinois, 61874.
Active Listing: 407 Banbury Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 407 Banbury Ln are: Carrie Busey Elementary School (GreatSchools Rating 8/10), Vernon L Barkstall Elementary School (GreatSchools Rating 6/10), Bottenfield Elementary School (GreatSchools Rating 4/10), Edison Middle School (GreatSchools Rating 4/10), Urbana Middle School (GreatSchools Rating 2/10), Jefferson Middle School (GreatSchools Rating 3/10), Urbana High School (GreatSchools Rating 3/10), Unity High School (GreatSchools Rating 6/10), Centennial High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $8,400 (source: MLS/based on county public records data).
The last sale was on August 26, 2010 for $265,000 (source: MLS/tax record).
The property at 407 Banbury Ln has 3 bedrooms and 2 full and 1 half bathrooms.
The property 407 Banbury Ln is 2,182 SqFt (source: MLS/tax record).
The year of construction for 407 Banbury Ln is 2010.
This home is located at 407 Banbury Ln in Savoy, IL and zip code 61874. This 2,182 square foot home, which was built in 2010, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $418,500.
Savoy, IL housing market in May 2025 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. The inventory of homes for sale in Savoy, IL between April and May 2025 increased by 11.8%. Listings spent 20 days on the market in May 2025, and had a median list price of $361,450 during the same period.
From Rocket Homes Real Estate and based on county public records data.