1021 Alberta Rd Elgin, IL 60124
Bowes NeighborhoodEstimated Value: $517,000 - $609,000
5
Beds
3
Baths
3,055
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Main Floor Bedroom
- Breakfast Room
- Howard B. Thomas Grade School Rated 9+
- Walk-In Pantry
- 4-minute walk to Fitchie Creek Forest Preserve
About This Home
As of April 2020Beautiful 2 story home in Cedar Grove! Upgrades Galore! Open floor plan~freshly painted! Huge chef's kitchen features 42" cabinets-SS appliances-granite counters and oversized island! Kitchen flows into family room with custom fireplace with built in shelves! 5 bedrooms with 3 full baths including a first floor full bath! Master suite with attached master bath and oversized WIC. Must see! 2nd floor laundry! Massive basement ready for all your ideas! Attached 3 car garage! The list goes on and on!
Last Agent to Sell the Property
Signature Realty Group LLC License #471020577 Listed on: 02/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,406
Year Built
- 2014
Lot Details
- 0.35
HOA Fees
- $55 per month
Parking
- Attached Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Breakfast Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Garden Bath
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2020
Closed on
Apr 1, 2020
Sold by
Mohammed Saleem and Mohammed Saleema
Bought by
Patel Mihir and Patel Krupaliben
Seller's Agent
Asif Mohammed
Signature Realty Group LLC
Buyer's Agent
Jay Patel
ARNI Realty Inc.
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
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
$233,453
Avg. Annual Appreciation
10.34%
Original Mortgage
$247,500
Outstanding Balance
$177,625
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$373,902
Purchase Details
Closed on
Dec 16, 2019
Sold by
Smalec Ronald Frank and Wells Fargo Bank Na
Bought by
Mohammed Saleem
Purchase Details
Listed on
Mar 2, 2014
Closed on
Jun 11, 2014
Sold by
The Ryland Group Inc
Bought by
Smalec Ronald Frank and Smalec Lynda
Seller's Agent
Michael Simpson
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Non Member
NON MEMBER
List Price
$351,324
Sold Price
$351,324
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$344,959
Interest Rate
4.12%
Mortgage Type
FHA
Similar Homes in Elgin, IL
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Mihir | $330,000 | Greater Illinois Title Co | |
| Mohammed Saleem | $241,000 | None Available | |
| Smalec Ronald Frank | $351,500 | Ryland Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Mihir | $247,500 | |
| Previous Owner | Smalec Ronald Frank | $344,959 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2020 04/02/20 | Sold | $330,000 | -5.7% | $108 / Sq Ft |
| 03/03/2020 03/03/20 | Pending | -- | -- | -- |
| 02/29/2020 02/29/20 | For Sale | $349,900 | -0.4% | $115 / Sq Ft |
| 06/12/2014 06/12/14 | Sold | $351,324 | 0.0% | $115 / Sq Ft |
| 03/02/2014 03/02/14 | Pending | -- | -- | -- |
| 03/02/2014 03/02/14 | For Sale | $351,324 | -- | $115 / 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 |
|---|---|---|---|---|
| 2023 | $11,406 | $127,221 | $25,000 | $102,221 |
| 2022 | $11,394 | $122,330 | $21,357 | $100,973 |
| 2021 | $10,956 | $113,537 | $20,633 | $92,904 |
| 2020 | $11,584 | $111,496 | $20,262 | $91,234 |
| 2019 | $11,025 | $110,054 | $20,000 | $90,054 |
| 2018 | $10,963 | $108,434 | $22,771 | $85,663 |
| 2017 | $11,132 | $107,857 | $22,194 | $85,663 |
| 2016 | $12,207 | $109,411 | $21,667 | $87,744 |
| 2015 | -- | $109,197 | $19,662 | $89,535 |
| 2014 | -- | $54,118 | $1,644 | $52,474 |
| 2013 | -- | $1,672 | $1,672 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Asif Mohammed
Seller's Agent in 2020
Asif Mohammed
Signature Realty Group LLC
(630) 849-1953
2 in this area
330 Total Sales
-
Jay Patel
Buyer's Agent in 2020
Jay Patel
ARNI Realty Inc.
(917) 930-5214
16 Total Sales
-
Michael Simpson
Seller's Agent in 2014
Michael Simpson
Baird Warner
(847) 909-9343
36 Total Sales
-
N
Buyer's Agent in 2014
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10651344
APN: 05-25-175-004
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