NOT LISTED FOR SALE

1002 Balmoral Ln Elgin, IL 60120

Estimated Value: $593,000 - $665,000

4 Beds
3 Baths
3,279 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $385,000 $117 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,299/month

2 Days on Market

Highlights

  • Deck
  • Loft
  • Walk-In Pantry
  • Contemporary Architecture
  • Den
  • Attached Garage

About This Home

As of December 2020

*** PREVIOUS BUYER FINANCING FELL THROUGH *** YOU HAVE ANOTHER OPPORTUNITY TO OWN THIS HOME. Get to this GREAT VALUE, 4 Bedroom home in a highly sought after Castle Creek subdivision! EXCEPTIONALLY WELL MAINTAINED Home with OPEN FLOOR PLAN and a BRAND NEW ROOF worth over $13K!! Tons of NATURAL LIGHT flows throughout the home. DRAMATIC 2-Story Foyer welcomes you as you enter the home that opens to Formal Living and Dining Room. GORGEOUS Kitchen with WALK IN PANTRY, LOTS of CABINET SPACE and LARGE EATING AREA. Family Room is WIRED for Surround Sound Entertainment and creates a warm space with a COZY FIREPLACE. ADDITIONAL ROOM on the MAIN LEVEL creates a perfect Study /Office space that can ideally be converted to a First Floor Bedroom. Master Bedroom with HIS and HER WALK IN CLOSETS, EN-SUITE BATHE with DUAL VANITY, Separate Shower and Soaking Tub. All Bedrooms have Walk In Closets. LOFT on the 2nd floor boosts EXTRA SPACE for Recreation and Entertainment...! FULL LOOK-OUT/ ENGLISH Basement offers endless possibilities to convert into a Finished Space with rough-ins in place for bathroom. NEWLY REDONE DECK!! GREAT LOCATION!! Minutes from Shopping areas, Park and Expressways. BEAUTIFUL, MOVE IN READY HOME with 4 Bedrooms, 2.5 Baths and 3 Car Garage....Your search for a Perfect Home ends here!

Last Agent to Sell the Property

Deshna Shah

Real People Realty License #475183195 Listed on: 10/19/2020

Real People Realty

Last Buyer's Agent

Maria Thompson

Redfin Corporation License #475149141

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • 2005

Lot Details

  • 0.3

HOA Fees

  • $27 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Fireplace With Gas Starter
  • Den
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Rough-In Basement Bathroom
  • Basement Lookout

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Unfinished, Bathroom Rough-In, Lookout
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X7, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 23X13, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Den, Loft
  • Master Bedroom: Dimensions: 19X16, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Den, Dimensions: 13X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Additional Room 2 Name: Loft, Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 3279
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X17, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.3062

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 325
  • Management Contact Name: Scott Millard
  • Management Phone: 630-627-3303

Fee Information

  • Management Company: Hill Crest Property Management

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 70X161X104X150
  • Parcel Identification Number: 06292070080000

Tax Info

  • Taxes: 8867.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 1, 2020
Sold by
Chokshi Praful R and Chokshi Mrya P
Bought by
Raza Syed Adnan and Raza Mehdi Mahreen
Seller's Agent
Deshna Shah
Real People Realty
Buyer's Agent
Maria Thompson
Redfin Corporation
List Price
$394,900
Sold Price
$385,000
Premium/Discount to List
-$9,900
-2.51%
Current Estimated Value
$612,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,413
Avg. Annual Appreciation
9.49%
Original Mortgage
$346,500
Outstanding Balance
$305,634
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$306,779

Purchase Details

Closed on
Dec 17, 2013
Sold by
Chokshi Dipal
Bought by
Chokshi Praful R and Chokshi Maya P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Patel Dashrath and Thakkar Dilip
Bought by
Chokshi Fraful R and Chokshi Maya P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,700
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2006
Sold by
The Ryland Group Inc
Bought by
Patel Dashrath and Thakkar Dilip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,521
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raza Syed Adnan $385,000 Altima Title Llc
Chokshi Praful R -- Prism Title
Chokshi Fraful R $473,500 First American Title Ins Co
Patel Dashrath $461,000 Ryland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raza Syed Adnan $346,500
Previous Owner Chokshi Praful R $377,000
Previous Owner Chokshi Fraful R $94,700
Previous Owner Patel Dashrath $368,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $385,000 -2.5% $117 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $394,900 -- $120 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,834 $58,000 $13,340 $44,660
2024 $12,834 $44,000 $11,339 $32,661
2023 $12,495 $44,000 $11,339 $32,661
2022 $12,495 $44,000 $11,339 $32,661
2021 $9,964 $28,747 $10,005 $18,742
2020 $8,868 $28,747 $10,005 $18,742
2019 $8,867 $31,942 $10,005 $21,937
2018 $10,040 $32,673 $8,671 $24,002
2017 $10,051 $32,673 $8,671 $24,002
2016 $10,231 $34,181 $8,671 $25,510
2015 $10,631 $32,656 $7,670 $24,986
2014 $11,797 $36,908 $7,670 $29,238
2013 $11,397 $36,908 $7,670 $29,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10911562

Midwest Real Estate Data (MRED)

APN: 06-29-207-008-0000