Seller's Agent in 2020
Linda Sala
Berkshire Hathaway HomeServices Starck Real Estate
(847) 894-1858
1 in this area
13 Total Sales
1240 Fairwood Dr Elgin, IL 60123
Century Oaks NeighborhoodEstimated Value: $353,000 - $359,000
3
Beds
2
Baths
1,300
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Deck
- Bonus Room
- Porch
- Wood Flooring
- Fenced Yard
- Attached Garage
About This Home
As of December 2020Spacious, south facing, clean, light and bright home with excellent yard for entertaining, you're going to love spending time on the deck overlooking a lovely landscaped yard with privacy all around. Upon entering this home, you'll feel welcomed from the moment you enter through the large covered front entry and foyer with enough space to greet guests and not feel crowded. This home conveniently located and has easy access to Metra, I-90, Randall Road corridor, parks, Tyler Creek Forest Preserve, Judson University, and walking distance to neighborhood shopping, restaurants, and the elementary school. Fresh paint on the exterior and throughout the interior, you'll also find new carpet in both the living room and basement bonus room. Oak hardwood floors, large eat-in kitchen with stainless steel appliances, dining room, living room, family room, with a bonus room in the basement plus additional space for storage or creating additional living space.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475180292 Listed on: 10/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,216
Year Built
- 1967
Lot Details
- Southern Exposure
- Fenced Yard
Parking
- Attached Garage
- Garage Is Owned
Home Design
- Cedar
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Entrance Foyer
- Bonus Room
- Wood Flooring
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Portable Dishwasher
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2020
Closed on
Dec 8, 2020
Sold by
Cardenas Alejandro and Cardenas Patricai
Bought by
Lopez Alexander and Lopez Gustavo
Seller's Agent
Linda Sala
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Lauren Sifuentes
Executive Realty Group LLC
List Price
$234,900
Sold Price
$246,000
Premium/Discount to List
$11,100
4.73%
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
$109,771
Avg. Annual Appreciation
7.82%
Original Mortgage
$241,544
Outstanding Balance
$213,274
Interest Rate
2.25%
Mortgage Type
FHA
Estimated Equity
$142,497
Purchase Details
Closed on
Oct 18, 2004
Sold by
Rios Angel and Rios Johanna
Bought by
Cardenas Alejandro and Cardenas Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 26, 2000
Sold by
Shallcross Elinor E
Bought by
Rios Angel and Rios Johanna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
8.27%
Mortgage Type
Stand Alone First
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 |
|---|---|---|---|
| Lopez Alexander | $246,000 | Attorney | |
| Cardenas Alejandro | $220,500 | First American Title Ins Co | |
| Rios Angel | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Alexander | $241,544 | |
| Previous Owner | Cardenas Alejandro | $176,400 | |
| Previous Owner | Rios Angel | $159,900 | |
| Closed | Rios Angel | $15,990 | |
| Closed | Cardenas Alejandro | $33,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2020 12/04/20 | Sold | $246,000 | +4.7% | $189 / Sq Ft |
| 10/25/2020 10/25/20 | Pending | -- | -- | -- |
| 10/24/2020 10/24/20 | For Sale | $234,900 | -- | $181 / 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 | $7,216 | $98,162 | $24,998 | $73,164 |
| 2023 | $6,878 | $88,682 | $22,584 | $66,098 |
| 2022 | $6,491 | $80,863 | $20,593 | $60,270 |
| 2021 | $6,210 | $75,601 | $19,253 | $56,348 |
| 2020 | $6,035 | $72,173 | $18,380 | $53,793 |
| 2019 | $5,861 | $68,749 | $17,508 | $51,241 |
| 2018 | $5,552 | $62,161 | $16,494 | $45,667 |
| 2017 | $5,427 | $58,765 | $15,593 | $43,172 |
| 2016 | $5,175 | $54,518 | $14,466 | $40,052 |
| 2015 | -- | $49,970 | $13,259 | $36,711 |
| 2014 | -- | $49,353 | $13,095 | $36,258 |
| 2013 | -- | $50,654 | $13,440 | $37,214 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Sala
-
Lauren Sifuentes
Buyer's Agent in 2020
Lauren Sifuentes
Executive Realty Group LLC
(630) 894-1030
1 in this area
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10903555
APN: 06-03-453-018
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