NOT LISTED FOR SALE

1011 Sommerset Ct Unit A Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $201,000 - $220,000

2 Beds
2 Baths
1,100 Sq Ft
$273/mo HOA Fee

Last Sold January 20, 2021

Last sale price $147,000 $134 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,800/month

20 Days on Market

Highlights

  • Galley Kitchen
  • Attached Garage
  • Central Air

About This Home

As of January 2021

LOOKING FOR A UNIT WITH NO STAIRS? THIS ONE MIGHT BE JUST PERFECT FOR YOU! FIRST FLOOR RANCH STYLE UNIT WITH MANY UPDATES DONE 5 YEARS AGO : WINDOWS, KITCHEN CABINETS, COUNTERS AND BACKSPLASH, FLOORING AND SS AAPPLIANCES. BEAUTIFUL MASTERBEDROOM SUITE HAS WALK IN CLOSET AND A "SPA LIKE" BATHROOM, 2nd BEDROOM HAS BUILT IN CABINETS AND WINDOW BENCH! CUSTOM CROWN MOLDING, UPDATED HALL BATH AS WELL, IF YOU DONT LIKE CARPET NO PROBLEM, NO CARPET IN THIS UNIT, BUILT IN ENTERTAINMENT UNIT IN LIVINGROOM, IN UNIT LAUNDRY, BEAUTIFUL PEACEFULL VIEW FROM THE PRIVATE PATIO! CLOSE TO SHOPPING, CHURCHES, HOSPITALS AND EXPRESSWAYS!!!!

Last Agent to Sell the Property

Maria Catanescu

Berkshire Hathaway HomeServices American Heritage License #475123575 Listed on: 11/03/2020

Berkshire Hathaway HomeServices American Heritage

Co-Listed By

Nadia Putro

Berkshire Hathaway HomeServices American Heritage License #475130727

Last Buyer's Agent

Eddie Quintana-Garcia

American Dream Realty Group Inc License #475176345

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,242

Year Built

  • 1998

Lot Details

  • 25

HOA Fees

  • $273 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $5,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,242

Year Built

1998

Lot Details

0

HOA Fees

$273 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1998
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 9X6, On Level: Main Level
  • Dining Room: Dimensions: 10X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 9X9, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1100
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 273
  • Management Contact Name: Kathy Kruetter
  • Management Phone: 847-459-1222

Fee Information

  • Management Company: Foster Premier Inc.

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 06192100201265

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 2423.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 20, 2021
Sold by
Magallanes Hilario and Davalos Raquel
Bought by
Velazquez Jaime
Seller's Agent
Maria Catanescu
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Eddie Quintana-Garcia
American Dream Realty Group Inc
List Price
$147,000
Sold Price
$147,000
Current Estimated Value
$210,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,489
Avg. Annual Appreciation
9.15%
Original Mortgage
$144,337
Outstanding Balance
$129,872
Interest Rate
2.37%
Mortgage Type
FHA
Estimated Equity
$86,436

Purchase Details

Listed on
Feb 13, 2015
Closed on
Mar 24, 2015
Sold by
Kayden Kristina and Kayden Brad
Bought by
Magallanes Hilario
Seller's Agent
Joanne Marzano
Coldwell Banker Realty
Buyer's Agent
Maria Catanescu
Berkshire Hathaway HomeServices American Heritage
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$84,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2012
Closed on
Oct 5, 2012
Sold by
Schacht John R and Schacht Vicki
Bought by
Kayden Kristina
Seller's Agent
Richard Rosenwinkel
Coldwell Banker Realty
Buyer's Agent
Joanne Marzano
Coldwell Banker Realty
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rausch Cathy L and Rausch Gayle R
Bought by
Schacht John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 29, 1997
Sold by
Parkway Bank & Trust Company
Bought by
Rausch Cathy L and Rausch Gayle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,450
Interest Rate
8.17%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Velazquez Jaime $147,000 Attorneys Ttl Guaranty Fund
Magallanes Hilario $105,000 First American Title
Kayden Kristina $6,000 Chicago Title Insurance Comp
Schacht John R $153,000 Multiple
Rausch Cathy L $91,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Jaime $144,337
Previous Owner Magallanes Hilario $84,000
Previous Owner Schacht John R $25,000
Previous Owner Schacht John R $122,400
Previous Owner Rausch Cathy L $85,692
Previous Owner Rausch Cathy L $86,584
Previous Owner Rausch Cathy L $88,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $147,000 0.0% $134 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $147,000 +40.0% $134 / Sq Ft
03/27/2015 03/27/15 Sold $105,000 -4.5% $95 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $110,000 +83.3% $100 / Sq Ft
10/05/2012 10/05/12 Sold $60,000 -29.3% --
05/12/2012 05/12/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $84,900 -- --
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
2024 $4,242 $14,738 $2,121 $12,617
2023 $4,123 $14,738 $2,121 $12,617
2022 $4,123 $14,738 $2,121 $12,617
2021 $2,330 $10,093 $1,713 $8,380
2020 $2,394 $10,093 $1,713 $8,380
2019 $2,423 $11,335 $1,713 $9,622
2018 $1,592 $8,122 $1,468 $6,654
2017 $1,608 $8,122 $1,468 $6,654
2016 $1,793 $8,122 $1,468 $6,654
2015 $1,646 $7,307 $1,305 $6,002
2014 $1,612 $7,307 $1,305 $6,002
2013 $1,539 $7,307 $1,305 $6,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10923913

Midwest Real Estate Data (MRED)

APN: 06-19-210-020-1265