NOT LISTED FOR SALE

1263 Algonquin Dr Elgin, IL 60120

Estimated Value: $281,000 - $299,000

3 Beds
1 Bath
1,025 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $220,000 $215 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,943/month

27 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Fenced Yard
  • Wood Flooring
  • Double Oven
  • 1 Car Attached Garage

About This Home

As of December 2022

Nice all brick ranch home ready to move-in. 3 bedrooms 1 bath and a full finished basement with plenty for an office, Entertaiment area and storage. Beautiful hardwood floors in all bedrooms and living room. Nice size kitchen with table area space. This home offers a huge/parklike fenced-in back yard. Location is great, only minutes to Interstate-90, schools, restaurants, parks and much more.

Last Agent to Sell the Property

Carlos Betancourt

Premier Living Properties License #475128350 Listed on: 09/14/2022

Last Buyer's Agent

Lucy Rodriguez

HomeSmart Connect, LLC. License #475153059

HomeSmart Connect, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,035

Year Built

  • Built in 1960

Lot Details

  • 8,246 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Patio

Schools

  • Coleman Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Ranch

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,035

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • AttributionContact: (847) 456-1411
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Refrigerator, Washer, Dryer, Cooktop
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1025
  • Room Type: Den
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1025
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 224900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Coleman Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1893
  • Lot Dimensions: 8246
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4035.36
  • Tax Year: 2020
  • Tax Exemptions: None

MLS Schools

  • Other Public Sch Dist: 509
  • Othr Public Sch: Elgin Community College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 21, 2022
Sold by
Ponce Manuel Cortes and Ponce Irma
Bought by
Hernandez Sergio
Seller's Agent
Carlos Betancourt
Premier Living Properties
Buyer's Agent
Lucy Rodriguez
HomeSmart Connect, LLC.
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%
Views
112
Current Estimated Value
$275,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,919
Avg. Annual Appreciation
10.95%
Original Mortgage
$206,450
Outstanding Balance
$198,511
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$95,449

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 26, 2018
Sold by
Broad Street Funding Trust 1
Bought by
Ponce Manuel Cortes
Seller's Agent
Frank DeNovi
Compass
Buyer's Agent
Israel Ballesteros
REMAX Horizon
List Price
$149,000
Sold Price
$166,500
Premium/Discount to List
$17,500
11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$133,200
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
The Reverse Mortgage Solutions Inc
Bought by
Broad Street Funding Trust I

Purchase Details

Closed on
Jun 6, 2018
Sold by
Schultz Catherine Sue
Bought by
Reverse Mortgage Soluctions Inc

Purchase Details

Closed on
Mar 20, 2000
Sold by
Spoden Lorraine M
Bought by
Spoden Lorraine M and The Lorraine Spoden Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Hernandez Sergio $220,000 None Listed On Document
Ponce Manuel Cortes $166,500 Stewart Title
Broad Street Funding Trust I -- None Available
Reverse Mortgage Soluctions Inc -- Chicago Title
Spoden Lorraine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Sergio $206,450
Previous Owner Ponce Manuel Cortes $133,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $220,000 -2.2% $215 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/02/2022 10/02/22 Price Changed $224,900 -2.2% $219 / Sq Ft
09/26/2022 09/26/22 Price Changed $229,900 -2.1% $224 / Sq Ft
09/14/2022 09/14/22 For Sale $234,900 +41.1% $229 / Sq Ft
10/03/2018 10/03/18 Sold $166,500 +11.7% $162 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $149,000 -- $145 / 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 $5,757 $20,000 $5,360 $14,640
2023 $4,638 $20,000 $5,360 $14,640
2022 $4,638 $20,000 $5,360 $14,640
2021 $3,982 $14,887 $4,329 $10,558
2020 $4,035 $14,887 $4,329 $10,558
2019 $4,076 $16,728 $4,329 $12,399
2018 $5,186 $15,265 $3,710 $11,555
2017 $5,170 $15,265 $3,710 $11,555
2016 $4,864 $15,265 $3,710 $11,555
2015 $1,146 $12,379 $3,298 $9,081
2014 $1,087 $12,379 $3,298 $9,081
2013 $1,076 $12,379 $3,298 $9,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11629482

Midwest Real Estate Data (MRED)

APN: 06-06-121-025-0000