NOT LISTED FOR SALE

1131 Gulf Keys Rd Elgin, IL 60120

Estimated Value: $535,000 - $569,000

3 Beds
4 Baths
2,380 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $330,000 $139 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,945/month

73 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Walk-In Pantry
  • Vaulted Ceiling
  • Sun or Florida Room
  • Double Oven

About This Home

As of August 2019

This will be like being on vacation all year round! This lovely home in sought-after Sarasota Trails will remind of a Colorado ski lodge with its high pitched ceilings, rustic beams and cozy fireplaces! Stunning 3 bed, 3 bath ranch w/ lovely architectural features! The heart of the home is the floor-to-ceiling fireplace in the Living Room that makes a gorgeous focal point! The Kitchen is right off the Living Room and features an island & table space! The Dining Room and screened-in porch are right off the Kitchen...GREAT for entertaining! The Master Bedroom is like a private sanctuary with its own fireplace and deck! The spacious Master Bath and large closet complete the space! THEN...go to the walkout basement! The rec room is big enough for pool table AND sofas and includes a wet bar and a full bath! You get ample storage with the cedar closet and HUGE storage room! But let's top that off with an amazing yard and location! Lovely landscaping and spectacular curb appeal! COME QUICK!

Last Agent to Sell the Property

Amy Foote

Compass License #475138703 Listed on: 05/03/2019

Compass

Last Buyer's Agent

Kishore Purohit

Worth Clark Realty License #471003415

Worth Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,354

Year Built

  • 1992

Lot Details

  • 0.37

HOA Fees

  • $65 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Finished Basement
  • Finished Basement Bathroom

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,354

Year Built

1992

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1992
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet
  • Number Of Rooms: 7
  • Living Room: Dimensions: 38X17, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, TV Antenna, CO Detectors, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Family Room, Master Bedroom
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X9, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Foyer, Sun/Florida Room, Recreation Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 19X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Foyer, Dimensions: 12X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Sunroom, Dimensions: 15X11, On Level: Main Level, Flooring: Other
  • Additional Room 5 Name: Recreation Rm, Dimensions: 38X15, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 6 Name: Bar, Dimensions: 12X8, On Level: Basement, Flooring: Ceramic Tile
  • Additional Room 7 Name: Storage, Dimensions: 20X20, On Level: Basement, Flooring: Other
  • Additional Room 8 Name: Walk in Closet, Dimensions: 10X4, On Level: Basement, Flooring: Other
  • Estimated Sq Ft: 2380
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar, Stucco
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.3788

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 65
  • Management Phone: 847-555-1212

Schools

  • School District: 46
  • Elementary School: Hilltop Elementary School
  • Middle School: Canton Middle School
  • High School: Streamwood High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 108 X 150 X 87 X 170
  • Parcel Identification Number: 06282050270000

Tax Info

  • Taxes: 9958.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Aug 24, 2019
Sold by
Petersen Thomas and Petersen Maria
Bought by
Singarapu Hymavathi
Seller's Agent
Amy Foote
Compass
Buyer's Agent
Kishore Purohit
Worth Clark Realty
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$551,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,277
Avg. Annual Appreciation
8.75%
Original Mortgage
$297,000
Outstanding Balance
$228,561
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$322,716

Purchase Details

Closed on
Oct 20, 2017
Sold by
Petersen Thomas and Burger Maria T
Bought by
Petersen Thomas and Petersen Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Forpanek Joel R and Forpanek Jacqueline
Bought by
Petersen Thomas K and Burger Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
8.26%
Source: Public Records

Range of Values:

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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
Singarapu Hymavathi $330,000 None Available
Petersen Thomas -- First American Title
Petersen Thomas K $333,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singarapu Hymavathi $297,000
Previous Owner Petersen Thomas $203,000
Previous Owner Petersen Thomas K $233,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2019 08/29/19 Sold $330,000 -4.3% $139 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $345,000 -1.4% $145 / Sq Ft
05/03/2019 05/03/19 For Sale $350,000 -- $147 / 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 $11,354 $37,000 $11,550 $25,450
2023 $11,073 $37,000 $11,550 $25,450
2022 $11,073 $37,000 $11,550 $25,450
2021 $12,417 $34,046 $9,900 $24,146
2020 $12,212 $34,046 $9,900 $24,146
2019 $10,078 $37,829 $9,900 $27,929
2018 $10,049 $34,887 $8,662 $26,225
2017 $9,958 $34,887 $8,662 $26,225
2016 $11,049 $38,527 $8,662 $29,865
2015 $9,953 $32,642 $7,837 $24,805
2014 $9,845 $32,642 $7,837 $24,805
2013 $9,485 $32,642 $7,837 $24,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10366318

Midwest Real Estate Data (MRED)

APN: 06-28-205-027-0000