NOT LISTED FOR SALE

1201 Gulf Keys Rd Elgin, IL 60120

Estimated Value: $391,000 - $553,000

4 Beds
4 Baths
2,577 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $240,000 $93 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,723/month

69 Days on Market

Highlights

  • Circular Driveway
  • Entrance Foyer
  • Wood Burning Fireplace
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Location! Location! Location! This beautiful, secluded custom home, sits on a lovely (approx 3/4 acre) lot set amongst beautiful trees, off of a winding private road. Very private neighborhood, yet so close to everything. Large maple + granite kitchen with 9 ft. Ceilings, built-in buffet, and eat in table space. This home has multi-levels and a very versatile floor plan. Two master bedroom suites. Large family room with masonry wood burning fireplace and sliders to a fantastic yard. Large living and dining room with hardwood flooring. Nice circular driveway and a multi-level tiered deck in back. This home needs some cosmetics and is being sold as is. Great opportunity!

Last Agent to Sell the Property

Kim Alden

Compass License #475122036 Listed on: 11/02/2019

Compass

Co-Listed By

Alan Leibovitz

HomeSmart Connect License #475123903

Last Buyer's Agent

Dorothy Zabinski

Suburban Home Realty License #471006845

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,133

Year Built

  • 1992

Lot Details

  • 0.43

HOA Fees

  • $65 per month

Parking

  • Attached Garage
  • Circular Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wood Burning Fireplace
  • Entrance Foyer
  • Unfinished Basement
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,133

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: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: Split Level
  • Estimated Year Built: 1992
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X12, On Level: Lower
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 20X14, On Level: 2nd Level
  • Additional Room 1 Name: Foyer, Dimensions: 11X8, On Level: Main Level
  • Bedroom 2: Dimensions: 18X12, On Level: 3rd Level
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 2577
  • Family Room: Dimensions: 22X12, On Level: Lower

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.4353

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Circular
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessed Sq Ft: 2577
  • Assessment Association Fees: 65
  • Management Contact Name: Sue Peterson
  • Management Phone: 630-217-5374

Fee Information

  • Management Company: Sarosota Trails HOA

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: 165X173X45X181
  • Parcel Identification Number: 06282050250000

Tax Info

  • Taxes: 10630.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2019
Closed on
Jan 31, 2020
Sold by
Jp Morgan Chase Bank Na
Bought by
Kadey Irena and Kadej Malgorzata
Seller's Agent
Kim Alden
Compass
Buyer's Agent
Dorothy Zabinski
Suburban Home Realty
List Price
$290,975
Sold Price
$240,000
Premium/Discount to List
-$50,975
-17.52%
Current Estimated Value
$505,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,042
Avg. Annual Appreciation
14.17%
Original Mortgage
$192,000
Outstanding Balance
$171,801
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$314,004

Purchase Details

Closed on
Jun 9, 2004
Sold by
Gillette L William and Gillette Susan L
Bought by
Spallone Curt and Spallone Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 11, 2000
Sold by
Liang Paul
Bought by
Gillette L William and Gillette Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.7%

Purchase Details

Closed on
May 12, 1999
Sold by
Liang Paul and Liang Philip C
Bought by
Liang Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,882
Interest Rate
7.15%
Source: Public Records

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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
Kadey Irena $240,000 Fidelity National Title
Spallone Curt $390,000 Chicago Title Insurance Comp
Gillette L William $299,000 --
Liang Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadey Irena $192,000
Previous Owner Spallone Curt $95,000
Previous Owner Spallone Curt $77,000
Previous Owner Spallone Curt $312,000
Previous Owner Gillette Larue W $88,000
Previous Owner Gillette Larue William $234,000
Previous Owner Gillette L William $50,000
Previous Owner Gillette L William $236,950
Previous Owner Gillette William $239,200
Previous Owner Gillette L William $239,200
Previous Owner Liang Paul $169,882
Closed Spallone Curt $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $240,000 -4.0% $93 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/07/2020 01/07/20 Price Changed $249,900 -14.1% $97 / Sq Ft
11/02/2019 11/02/19 For Sale $290,975 -- $113 / 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 $10,133 $37,000 $13,273 $23,727
2023 $9,844 $37,000 $13,273 $23,727
2022 $9,844 $37,000 $13,273 $23,727
2021 $9,640 $30,429 $11,377 $19,052
2020 $9,802 $30,429 $11,377 $19,052
2019 $9,673 $33,811 $11,377 $22,434
2018 $10,747 $34,132 $9,955 $24,177
2017 $10,630 $34,132 $9,955 $24,177
2016 $10,206 $34,132 $9,955 $24,177
2015 $10,003 $30,910 $9,006 $21,904
2014 $9,880 $30,910 $9,006 $21,904
2013 $9,534 $30,910 $9,006 $21,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10564918

Midwest Real Estate Data (MRED)

APN: 06-28-205-025-0000