H
Seller's Agent in 2018
Heather Farrell
Associates Realty
(847) 489-1753
11 Total Sales
1061 Summit St Elgin, IL 60120
Corley Drive Park NeighborhoodEstimated Value: $330,000 - $411,000
3
Beds
1
Bath
1,551
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Corner Lot
- Ranch Style House
- Bonus Room
- Walk-In Pantry
About This Home
As of March 2018Come see this rare opportunity for an original owner all brick ranch home on a beautiful corner lot. A diamond in the rough that awaits your decorating style, it features 3 bedrooms, 1st floor laundry and 2 fireplaces. Sit on the back deck or screened in porch and enjoy the serenity. Make the tremendously spacious basement your own dream come true. Transform the bonus room and work room with your finishing touches. Entertain in the great room downstairs. The grade school is just a few paces around the corner. Close to shopping, stores, Lords Park and downtown Elgin. Location location location; Golf Rd. takes you right out of town.
Last Agent to Sell the Property
Associates Realty License #475110453 Listed on: 01/03/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,364
Year Built
- 1957
Lot Details
- 0.46
Parking
- Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Wood Shingle Roof
Interior Spaces
- Dry Bar
- Wood Burning Fireplace
- Workroom
- Bonus Room
- Laundry on main level
Kitchen
- Galley Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Dishwasher
Flooring
- Wood
- Laminate
Finished Basement
- Basement Fills Entire Space Under The House
- Rough-In Basement Bathroom
Outdoor Features
- Deck
- Screened Patio
Utilities
- Central Air
- SpacePak Central Air
- Heating System Uses Gas
- Well
- Private or Community Septic Tank
Additional Features
- Corner Lot
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2018
Closed on
Mar 16, 2018
Sold by
Fricke Mildred M and Fricke Richard C
Bought by
Hume Scott
Seller's Agent
Heather Farrell
Associates Realty
Buyer's Agent
Austin Hedley
Keller Williams Success Realty
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
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
$162,606
Avg. Annual Appreciation
8.41%
Original Mortgage
$156,000
Outstanding Balance
$136,317
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$221,289
Purchase Details
Closed on
Sep 9, 2014
Sold by
Fricke Richard C
Bought by
Fricke Richard C and Fricke Join M J
Purchase Details
Closed on
Feb 27, 2004
Sold by
Fricke Richard C
Bought by
Fricke Richard C and Fricke Mildred C
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 |
|---|---|---|---|
| Hume Scott | $195,000 | First American Title | |
| Fricke Richard C | -- | None Available | |
| Fricke Richard C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hume Scott | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2018 03/31/18 | Sold | $195,000 | -13.3% | $126 / Sq Ft |
| 02/03/2018 02/03/18 | Pending | -- | -- | -- |
| 01/03/2018 01/03/18 | For Sale | $225,000 | -- | $145 / 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 | $5,364 | $22,000 | $11,000 | $11,000 |
| 2023 | $5,182 | $22,000 | $11,000 | $11,000 |
| 2022 | $5,182 | $22,000 | $11,000 | $11,000 |
| 2021 | $4,595 | $16,706 | $10,584 | $6,122 |
| 2020 | $4,644 | $16,706 | $10,584 | $6,122 |
| 2019 | $5,736 | $18,771 | $10,584 | $8,187 |
| 2018 | $4,888 | $17,866 | $9,072 | $8,794 |
| 2017 | $4,665 | $17,866 | $9,072 | $8,794 |
| 2016 | $4,089 | $17,866 | $9,072 | $8,794 |
| 2015 | $3,353 | $14,821 | $6,048 | $8,773 |
| 2014 | $3,284 | $14,821 | $6,048 | $8,773 |
| 2013 | $3,136 | $14,821 | $6,048 | $8,773 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Farrell
-
Austin Hedley
Buyer's Agent in 2018
Austin Hedley
Keller Williams Success Realty
(847) 620-5892
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09825688
APN: 06-07-404-001-0000
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