Seller's Agent in 2018
Bob Wisdom
RE/MAX
(847) 695-8348
665 Total Sales
1148 La Fayette Dr South Elgin, IL 60177
Estimated Value: $343,000 - $360,439
4
Beds
2
Baths
1,380
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Recreation Room
- Ranch Style House
- Fenced Yard
- South Elgin High School Rated A-
- Wood Flooring
- Attached Garage
About This Home
As of December 2018Hurry! Great central location! Solid partial brick front ranch on deep lot! New carpet throughout! Spacious front living room with oversized window with ledge, crown molding and separate area for dining room table! Bright eat-in kitchen with breakfast bar, oak cabinetry, chair rail, hardwood floors and all appliances stay! Spacious master bedroom with walk-in closet and private full bath with shower! Gracious size secondary bedrooms! Convenient 1st floor laundry! Huge partial finished basement with rec room, bedroom and plenty of storage space - just needs carpet! Fenced yard! Patio! Storage shed! Close to schools and shopping! Estate sale - sold AS IS!
Co-Listed By
Paul Merlak
RE/MAX Horizon License #475128167
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,705
Year Built
- 1978
Lot Details
- 9,583
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Dining Area
- Recreation Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Patio
- Fenced Yard
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
- $1,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2018
Closed on
Dec 7, 2018
Sold by
Merlak Paul and Nancy Merlak 2011 Trust
Bought by
Brinn Ryan
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Ralph Binetti
RE/MAX Suburban
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
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
$131,110
Avg. Annual Appreciation
7.01%
Original Mortgage
$209,000
Outstanding Balance
$185,756
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$165,354
Purchase Details
Closed on
Oct 25, 2011
Sold by
Merlak Nancy L and Merlak Nancy
Bought by
Merlak Nancy and Nancy Merlak 2011 Trust
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 |
|---|---|---|---|
| Brinn Ryan | $220,000 | Chicago Title Ins Co | |
| Merlak Nancy | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brinn Ryan | $209,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2018 12/07/18 | Sold | $220,000 | -4.3% | $159 / Sq Ft |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $229,900 | -- | $167 / 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 | $7,705 | $105,642 | $21,014 | $84,628 |
| 2023 | $7,336 | $95,440 | $18,985 | $76,455 |
| 2022 | $6,973 | $87,025 | $17,311 | $69,714 |
| 2021 | $6,563 | $81,363 | $16,185 | $65,178 |
| 2020 | $6,363 | $77,673 | $15,451 | $62,222 |
| 2019 | $6,126 | $73,988 | $14,718 | $59,270 |
| 2018 | $5,533 | $69,701 | $13,865 | $55,836 |
| 2017 | $3,574 | $65,892 | $13,107 | $52,785 |
| 2016 | $3,695 | $61,130 | $12,160 | $48,970 |
| 2015 | -- | $56,031 | $11,146 | $44,885 |
| 2014 | -- | $48,533 | $11,008 | $37,525 |
| 2013 | -- | $49,813 | $11,298 | $38,515 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Wisdom
-
P
Seller Co-Listing Agent in 2018
Paul Merlak
RE/MAX
-
Ralph Binetti
Buyer's Agent in 2018
Ralph Binetti
RE/MAX Suburban
(630) 707-1776
182 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10122617
APN: 06-34-326-003
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