1016 Cypress Ln Elk Grove Village, IL 60007
Elk Grove Village East NeighborhoodEstimated Value: $361,000 - $397,853
3
Beds
2
Baths
1,378
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Property is near a park
- Creek On Lot
- Wood Flooring
- Elk Grove High School Rated A
- Ranch Style House
- 2-minute walk to Olmsted Park
About This Home
As of July 2022Check on the curb appeal on this nice 3 bedroom, 2 full bath, 2 car garage on huge lot, that backs to Salt Creek. This lovingly cared for home is ready for its new owner. Fireplace in living room. Owner does not use A/C and unit is older and believe it needs to be replaced. Front window and Sliding door have been replaced. Ceiling fans. Vinyl plank flooring in all but bedrooms, which have the original Parquet flooring. Steam sauna in master bathroom. Updated lighting fixtures. Certificate of error filed for property taxes. Currently shown with no exemptions.
Last Agent to Sell the Property
N. W. Village Realty, Inc. License #475133807 Listed on: 05/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,452
Year Built
- Built in 1963
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 78.6x183.7x79.7x184.1
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
Interior Spaces
- 1,378 Sq Ft Home
- Ceiling Fan
- Fireplace With Gas Starter
- Electric Fireplace
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Laundry in Kitchen
- Dryer
- Washer
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Creek On Lot
- Patio
- Porch
Location
- Property is near a park
Schools
- Clearmont Elementary School
- Grove Junior High School
- Elk Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Centex Subdivision, Brookhollow Floorplan
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2019
Sold by
Latas Lawrence E and Latas Robin L
Bought by
Stipek Corinne
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,027
Outstanding Balance
$158,438
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$220,275
Purchase Details
Closed on
Mar 14, 2016
Sold by
Latas Lawrence E
Bought by
Latas Lawrence E and Latas Robin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2015
Sold by
Latas Edmund J
Bought by
Latas Edmund J and Edmund J Latas Trust
Similar Homes in Elk Grove Village, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stipek Corinne | $260,000 | Attorney | |
| Latas Lawrence E | -- | Prairie Title | |
| Latas Edmund J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Stipek Corinne | -- | |
| Open | Stipek Corinne | $176,027 | |
| Previous Owner | Latas Lawrence E | $176,250 | |
| Previous Owner | Latas Edmund | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $308,000 | -3.7% | $224 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/28/2022 05/28/22 | For Sale | $319,900 | -- | $232 / Sq Ft |
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 | $7,030 | $31,000 | $11,840 | $19,160 |
| 2023 | $6,070 | $31,000 | $11,840 | $19,160 |
| 2022 | $6,070 | $31,000 | $11,840 | $19,160 |
| 2021 | $6,071 | $27,866 | $7,400 | $20,466 |
| 2020 | $7,452 | $27,866 | $7,400 | $20,466 |
| 2019 | $7,870 | $32,325 | $7,400 | $24,925 |
| 2018 | $7,143 | $26,040 | $6,660 | $19,380 |
| 2017 | $7,092 | $26,040 | $6,660 | $19,380 |
| 2016 | $6,625 | $26,040 | $6,660 | $19,380 |
| 2015 | $5,242 | $24,074 | $5,550 | $18,524 |
| 2014 | $1,908 | $24,074 | $5,550 | $18,524 |
| 2013 | $1,910 | $24,074 | $5,550 | $18,524 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Christensen
Seller's Agent in 2022
Gary Christensen
N. W. Village Realty, Inc.
(224) 305-0168
70 in this area
184 Total Sales
-
Joe Biewer
Buyer's Agent in 2022
Joe Biewer
Baird Warner
(630) 542-7552
2 in this area
74 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11387660
APN: 08-33-103-011-0000
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