1011 Sommerset Ct Unit A Elgin, IL 60120
Bluff City Neighborhood
2
Beds
2
Baths
1,100
Sq Ft
$273/mo
HOA Fee
Highlights
- Galley Kitchen
- Attached Garage
- Central Air
About This Home
As of January 2021LOOKING 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
Berkshire Hathaway HomeServices American Heritage License #475123575 Listed on: 11/03/2020
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
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,530
Avg. Annual Appreciation
8.90%
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
Similar Home in Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $147,000 | Attorneys Ttl Guaranty Fund | |
| Warranty Deed | $105,000 | First American Title | |
| Warranty Deed | $6,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $153,000 | Multiple | |
| Joint Tenancy Deed | $91,500 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,337 | FHA | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $122,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $85,692 | Unknown | |
| Previous Owner | $86,584 | FHA | |
| Previous Owner | $88,450 | FHA |
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
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
-
Seller's Agent in 2021
Maria Catanescu
Berkshire Hathaway HomeServices American Heritage
(847) 274-0023
1 in this area
25 Total Sales
-
Seller Co-Listing Agent in 2021
Nadia Putro
Berkshire Hathaway HomeServices American Heritage
(773) 802-4415
1 in this area
46 Total Sales
-
E
Buyer's Agent in 2021
Eddie Quintana-Garcia
American Dream Realty Group Inc
-
Seller's Agent in 2015
Joanne Marzano
Coldwell Banker Realty
(847) 809-8156
54 Total Sales
-
R
Seller's Agent in 2012
Richard Rosenwinkel
Coldwell Banker Realty
(630) 638-1662
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10923913
APN: 06-19-210-020-1265
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