C
Seller's Agent in 2017
Claudia Thornton
@ Properties
1042 Reserve Dr Unit 1042 Elgin, IL 60124
Providence NeighborhoodEstimated Value: $306,000 - $317,000
3
Beds
3
Baths
1,626
Sq Ft
$193/mo
HOA Fee
Highlights
- Vaulted Ceiling
- Walk-In Pantry
- Attached Garage
- Wood Flooring
- Balcony
- Breakfast Bar
About This Home
As of June 2017Move right in to this open concept townhome. Large living room/dining room with hardwood floors. Bright eat-in kitchen with newer appliances, 42" high cabinets with an island for additional counter space and extra storage. Nice balcony with access from the kitchen and 1st floor laundry room with newer washer/dryer. Large master bedroom with vaulted ceiling, separate sitting area, and walk-in closet. Private master bath with double sinks and walk-in shower. Finished English basement with newer carpeting and walk out access to the 2-car garage. Newer water heater. Close to the library, Elgin Community College, and minutes from Randall Road which includes lots of restaurants and shopping. Attention investors: Unit can be rented.
Last Agent to Sell the Property
Claudia Thornton
@properties Christie's International Real Estate License #475171380 Listed on: 05/05/2017
Property Details
Home Type
- Condominium
Year Built
- 2004
Lot Details
- 0.28
HOA Fees
- $193 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Shared Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Shingle Roof
- Aluminum Siding
Interior Spaces
- Vaulted Ceiling
- Wood Flooring
- Finished Basement
- Partial Basement
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
Utilities
- Central Air
- Heating System Uses Gas
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Pet Policy
- Pets Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2017
Closed on
Jun 15, 2017
Sold by
Thornton Michae
Bought by
Reyes Lisa
Seller's Agent
Claudia Thornton
@properties Christie's International Real Estate
Buyer's Agent
Sharon Mennerick
HomeSmart Connect LLC
List Price
$177,500
Sold Price
$176,000
Premium/Discount to List
-$1,500
-0.85%
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
$135,710
Avg. Annual Appreciation
6.97%
Original Mortgage
$120,000
Outstanding Balance
$61,809
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$249,901
Purchase Details
Closed on
Oct 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Thornton Michael
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
3.35%
Mortgage Type
VA
Purchase Details
Closed on
May 14, 2012
Sold by
Flores Mark A
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 24, 2005
Sold by
Vasile Daniel J and Vasile Tracy J
Bought by
Flores Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reyes Lisa | $176,000 | None Available | |
| Thornton Michael | $125,500 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Flores Mark A | $232,500 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reyes Lisa | $120,000 | |
| Previous Owner | Thornton Michael | $120,000 | |
| Previous Owner | Flores Mark A | $186,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2017 06/15/17 | Sold | $176,000 | -0.8% | $108 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 05/05/2017 05/05/17 | For Sale | $177,500 | -- | $109 / 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 | $5,799 | $80,457 | $19,287 | $61,170 |
| 2023 | $5,514 | $72,686 | $17,424 | $55,262 |
| 2022 | $5,227 | $66,277 | $15,888 | $50,389 |
| 2021 | $4,993 | $61,964 | $14,854 | $47,110 |
| 2020 | $4,848 | $59,154 | $14,180 | $44,974 |
| 2019 | $4,702 | $56,348 | $13,507 | $42,841 |
| 2018 | $4,966 | $56,233 | $12,724 | $43,509 |
| 2017 | $4,851 | $53,161 | $12,029 | $41,132 |
| 2016 | $4,620 | $49,319 | $11,160 | $38,159 |
| 2015 | -- | $45,205 | $10,229 | $34,976 |
| 2014 | -- | $44,647 | $10,103 | $34,544 |
| 2013 | -- | $45,824 | $10,369 | $35,455 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sharon Mennerick
Buyer's Agent in 2017
Sharon Mennerick
HomeSmart Connect LLC
(630) 408-5844
1 in this area
96 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09617615
APN: 06-29-426-007
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