NOT LISTED FOR SALE

1043 N Lancaster Cir Unit 2 South Elgin, IL 60177

Estimated Value: $437,701 - $465,000

3 Beds
2.5 Baths
1,949 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $435,000 $223 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,087/month

3 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Wood Flooring
  • South Elgin High School Rated A-
  • Vaulted Ceiling
  • Loft

About This Home

As of March 2024

Experience living in the heart of south Elgin at 1043 N Lancaster Ln. This home is move in ready! Enjoy hardwood floors on the main level, 3 bedrooms and a spacious loft on 2nd level , 2 story living room and inviting open dining room area. The primary bedroom has vaulted ceilings, dual closets, and dual vanity. The kitchen has granite countertops, stainless steel appliances and cherry cabinets. Many upgrades including Roof, siding and finished basement with wine bar(all done in 2015) Basement also has hidden away storage.. Relax and enjoy in the fenced backyard and new deck(2023) and pool(2022) is a perfect way to relax in the summer. Centrally located minutes away from shopping, restaurants and highways. Walkable to Jim Hansen Park. Other updates include: Water heater 2017, A/C 2011. Washer and Dryer 2018. Don't wait, come see this one today. In home SONOS/Control 4 audio system for family rom, kitchen, ,loft, master bedroom and deck) Multiple offers received, highest and best due Feb 11 at 5PM

Last Agent to Sell the Property

Kendra Perham

Suburban Life Realty, Ltd. License #475145705 Listed on: 02/08/2024

Last Buyer's Agent

Oksana Suden

Jameson Sotheby's Intl Realty License #475170179

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,568

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 65x119

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Unfinished Attic
  • Storm Screens
  • Granite Countertops
  • Laundry on main level

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Outdoor Features

  • Above Ground Pool
  • Deck

Schools

  • Clinton Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,568

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Laundry, Walk-In Closet(s), Some Carpeting, Granite Counters, Pantry
  • LivingArea: 1949
  • Room Type: Bonus Room, Loft
  • Estimated Total Finished Sq Ft: 2949
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2949
  • Square Footage Comments: 1949+1000sq ft finished space in basement = 2949 total sq ft
  • Total Sq Ft: 2949
  • Attic: Unfinished
  • Main Level Sq Ft: 1949
  • Lower Level Sq Ft: 1000
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Above Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 415000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Clinton Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 65X119
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7568
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 15, 2024
Sold by
Sittig Brittany and Sittig Ryan
Bought by
Petrovskyi Liubomyr and Petrovskyi Liudmyla
Seller's Agent
Kendra Perham
Suburban Life Realty, Ltd.
Buyer's Agent
Oksana Suden
Jameson Sotheby's Intl Realty
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Views
56
Current Estimated Value
$450,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,675
Avg. Annual Appreciation
2.33%
Original Mortgage
$335,000
Outstanding Balance
$329,795
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$120,881

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 16, 2015
Sold by
Roberts Patricia S
Bought by
Sittig Ryan and Bucher Brttany
Seller's Agent
Teresa Keenan
eXp Realty - Geneva
Buyer's Agent
Thomas Bitner
Suburban Life Realty, Ltd.
List Price
$249,900
Sold Price
$254,000
Premium/Discount to List
$4,100
1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$228,600
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2011
Sold by
Walther Frederic and Walther Iwona
Bought by
Roberts Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2005
Sold by
Paxton Pamela Kay
Bought by
Walther Frederic and Walther Iwona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2000
Sold by
Majka Mark and Majka Cheri
Bought by
Paxton Pamela Kay
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Petrovskyi Liubomyr $435,000 None Listed On Document
Sittig Ryan $254,000 Chicago Title Insurance Co
Roberts Patricia S $240,000 Baird & Warner Title Service
Walther Frederic $288,000 Chicago Title Insurance Comp
Paxton Pamela Kay $211,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrovskyi Liubomyr $335,000
Previous Owner Sittig Ryan $228,600
Previous Owner Roberts Patricia S $115,000
Previous Owner Walther Frederic $230,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $435,000 +4.8% $223 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $415,000 +63.4% $213 / Sq Ft
03/24/2015 03/24/15 Sold $254,000 +1.6% $130 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $249,900 -- $128 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $8,368 $114,039 $28,317 $85,722
2023 $7,972 $103,025 $25,582 $77,443
2022 $7,568 $93,941 $23,326 $70,615
2021 $7,126 $87,828 $21,808 $66,020
2020 $6,911 $83,845 $20,819 $63,026
2019 $6,656 $79,867 $19,831 $60,036
2018 $7,171 $82,085 $18,682 $63,403
2017 $6,818 $77,600 $17,661 $59,939
2016 $6,496 $71,992 $16,385 $55,607
2015 -- $65,987 $15,018 $50,969
2014 -- $58,478 $14,833 $43,645
2013 -- $60,020 $15,224 $44,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11976721

Midwest Real Estate Data (MRED)

APN: 06-34-379-015