NOT LISTED FOR SALE

1031 Spinnaker St Elgin, IL 60123

Estimated Value: $442,000 - $453,423

5 Beds
2.5 Baths
2,481 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 21, 2024

Last sale price $427,000 $172 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,198/month

7 Days on Market

Highlights

  • Recreation Room
  • Main Floor Bedroom
  • Formal Dining Room
  • Vaulted Ceiling
  • Lower Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of November 2024

Welcome to 1031 Spinnaker St., Elgin, IL 60123 - a spacious and elegant home that offers both comfort and style. Built in 1999, this property boasts 3,471 square feet of living space, making it one of the largest models in the area. With 6 bedrooms and 2.5 bathrooms, this home is perfect for buyers seeking ample space and modern amenities. The home features 6 spacious bedrooms, including a first-floor bedroom for added convenience, a finished basement with a modern, minimalistic design, a large, open living room with a striking fireplace and high ceilings, and a 2-car garage providing ample parking and storage space. The master bedroom includes a large walk-in closet, and recent upgrades such as a new roof (2016), AC unit (2017), and a new sump pump add to the home's appeal. The living area is a true centerpiece of this home, featuring a tall fireplace framed in a white mantel with a brick inlay. The high ceilings and large windows allow natural light to flood the room, creating a bright and inviting atmosphere. The adjacent kitchen, with its modern design, light wood cabinetry, and stainless steel appliances, offers a seamless flow between spaces, perfect for entertaining and family gatherings. The finished basement adds a contemporary touch and the recessed lighting ensures the space is well-lit and welcoming, making it ideal for a variety of uses, from a home office to a recreational area. Located close to Randall Rd. and highway access, this home offers convenience for commuters. Additionally, the proximity to the Fox River and Fox River Trail provides ample opportunities for outdoor activities and recreation. This sale is based on the completion of a prior transaction.

Last Agent to Sell the Property

Ryan Ivemeyer

O'Neil Property Group, LLC License #471021972 Listed on: 10/01/2024

Co-Listed By

Kealan O'Neil

O'Neil Property Group, LLC License #471018734

Last Buyer's Agent

Amy Adorno Burley

Executive Realty Group LLC License #475138189

Executive Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,903

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,481 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Contact Association
  • Property managed by Management

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,903

Year Built

Built in 1999

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry
  • LivingArea: 2481
  • Room Type: Bedroom 5, Bedroom 6, Recreation Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 3471
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 3471
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Management
  • Management Contact Name: Contact
  • Management Phone: 888-888-8888
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 9571
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9903
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 21, 2024
Sold by
Gomez Jose I
Bought by
Flathau Kevin Matthew and Flathau Ambar
Seller's Agent
Ryan Ivemeyer
O'Neil Property Group, LLC
Buyer's Agent
Amy Adorno Burley
Executive Realty Group LLC
List Price
$419,900
Sold Price
$427,000
Premium/Discount to List
$7,100
1.69%
Views
55
Current Estimated Value
$447,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,106
Avg. Annual Appreciation
3.98%
Original Mortgage
$341,600
Outstanding Balance
$338,725
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$108,381

Purchase Details

Closed on
Feb 15, 2022
Sold by
Liu Shanshan
Bought by
Gomez Jose I

Purchase Details

Closed on
Apr 11, 2019
Sold by
Gomez Jose I
Bought by
Gomez Jose I and Liu Shan

Purchase Details

Closed on
May 9, 2014
Sold by
Gomez Jose I and Gomez Carmen
Bought by
Gomez Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1999
Sold by
Pulte Home Corp
Bought by
Gomez Jose I and Gomez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,750
Interest Rate
7.87%
Source: Public Records
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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
Flathau Kevin Matthew $427,000 Chicago Title Insurance Compan
Flathau Kevin Matthew $427,000 Chicago Title Insurance Compan
Gomez Jose I -- --
Gomez Jose I -- None Available
Gomez Jose I -- None Available
Gomez Jose I $243,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flathau Kevin Matthew $341,600
Closed Flathau Kevin Matthew $341,600
Previous Owner Gomez Jose I $120,000
Previous Owner Gomez Jose I $95,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2024 11/21/24 Sold $427,000 +1.7% $172 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $419,900 -- $169 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,360 $137,448 $28,317 $109,131
2023 $9,903 $124,174 $25,582 $98,592
2022 $9,298 $113,225 $23,326 $89,899
2021 $8,909 $105,857 $21,808 $84,049
2020 $8,670 $101,057 $20,819 $80,238
2019 $8,430 $96,263 $19,831 $76,432
2018 $8,373 $90,686 $18,682 $72,004
2017 $8,201 $85,731 $17,661 $68,070
2016 $7,843 $79,536 $16,385 $63,151
2015 -- $72,902 $15,018 $57,884
2014 -- $68,408 $14,833 $53,575
2013 -- $70,212 $15,224 $54,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12177931

Midwest Real Estate Data (MRED)

APN: 06-28-453-033