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$200,000
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Property Description
LAKESIDE LIVING IN YOUR OWN BACKYARD! This is a "Zero Lot " home so absolutely no monthly HOA fees. Two bedrooms and one and a half bathrooms. One of the Bedrooms is a Master with a walk-in closet. Large Living room and a bedroom that overlooks the lake view. 2 car garage. Enjoy private peaceful fishing reserved only for the homeowners that live on the lake. Across the street is walking trail. Hurry because this one won't last long.
Full Property Details
Full Property Details for 507 Clearwater Dr #1
General
- Price: $200,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $4,261 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12723709
- Updated: 8/10/2026
- Added to Site: 10 day(s) ago
Interior
- Basement: Crawl Spac
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Attached, Garage
Location
- Area: Champaign, Savoy
- County: Champaign
- Township: Champaign
- Driving Directions: From Mattis Ave, turn w onto Bradley ave, turn left onto Clayton blvd, and turn left onto Clearwater and the home will be on the right
School Information
- School District: 4
- Elem School District: 4
- Midd School District: 4
- High School District: 4
- Elementary School: Champaign Elementary School
- Middle School: Champaign Junior High School
- High School: Centennial High School
- Private School: Centennial High School
Community
- Assoc. Fees Include: Lake Rights
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / Nlbs.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,341
- Sq. Ft. Source: Estimated
- Year Built: 1987
Unit Information
- Units in Building: 1
Lot Features
- Lot Dimensions: 49 x 140 x 35 x 140
Animals
- Animals Allowed: Cats OK, Dogs OK
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1987
- Tax Amount: $4,261
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 412010137010
Listed by The Real Estate Group,Inc
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Schools
Schools serving 507 Clearwater Dr #1
School District:Champaign Community Unit School District 4
| Name | Grades | Distance |
|---|---|---|
Dr Howard Elementary School 110 North James Street, Champaign, IL 61821 | K-5 | 1.2 mi |
Kenwood Elementary School, Champaign, IL 1001 Stratford Drive, Champaign, IL 61821 | K-5 | 1.2 mi |
Westview Elementary School, Champaign, IL 703 South Russell Street, Champaign, IL 61821 | K-5 | 1.4 mi |
Jefferson Middle School, Champaign, IL 1115 Crescent Drive, Champaign, IL 61821 | 6-8 | 1.3 mi |
Franklin Middle School, Champaign, IL 817 North Harris Avenue, Champaign, IL 61820 | 6-8 | 1.8 mi |
Edison Middle School, Champaign, IL 306 West Green Street, Champaign, IL 61820 | 6-8 | 2.2 mi |
Centennial High School 913 Crescent Drive, Champaign, IL 61821 | 9-12 | 1.1 mi |
South Side Elementary School 715 South New Street, Champaign, IL 61820 | K-5 | 2 mi |
Robeson Elementary School 2501 Southmoor Drive, Champaign, IL 61821 | K-5 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Clearwater Dr #1
Date
Details
Price
Change
Source
8/04/2026
Listed
$200,000
25%
MLS
6/27/2024
Sold
$160,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 Clearwater Dr #1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,408
6%
$56,710
12%
2023
$4,152
—
$50,550
10%
2023
$4,152
9%
$46,040
11%
2021
$3,811
-2%
$41,630
-2%
2022
$3,905
6%
$42,470
6%
2020
$3,670
22%
$40,030
2%
2019
$3,009
3%
$39,210
2%
2018
$2,934
2%
$38,600
2%
2017
$2,887
12%
$37,950
2%
2016
$2,578
—
$37,170
2%
2015
$2,590
1%
$36,520
—
2014
$2,568
1%
$36,520
—
2013
$2,544
1%
$36,520
-2%
2012
$2,526
—
$37,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Clearwater Dr #1
507 Clearwater Drive #1, Champaign, IL 61822 (MLS# 12723709) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 507 Clearwater Drive #1 is currently listed for $200,000 and was received on August 04, 2026. Want to learn more about 507 Clearwater Drive #1? Do you have questions about finding other Condo real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.
