NOT LISTED FOR SALE

1318 Inverness Dr Unit 1318 Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $222,000 - $355,000

3 Beds
2 Baths
1,960 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $115,200 $59 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,138/month

64 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Breakfast Bar
  • Vaulted Ceiling
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

Attractive duplex in Elgin with 3 bedrooms. Front entrance with ceramic tiled entry & closet for convenient storage needs. Spacious rooms. Vaulted 2 story family room. Large eat in kitchen with ceramic tiled flooring & sliding doors to back deck plus yard with storage shed. First floor laundry room and half bath. Very spacious bedrooms. Sold As-Is. Seller makes no representations or warranties. Taxes 100%. Special Addendums required after offer is accepted.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 12/15/2015

Last Buyer's Agent

Jesus Perez

Realty of America, LLC License #475164326

Realty of America, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,045

Year Built

  • 1982

Lot Details

  • 4,966

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Breakfast Bar

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,045

Year Built

1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1982
  • Type Attached: 1/2 Duplex
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X12, On Level: Main Level
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: 2nd Level
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1960
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 19X12, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 48 X 120
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 06201050450000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 5259.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Mar 3, 2016
Sold by
Us Bank Na
Bought by
Urbieta Jorge Mendoza
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$110,000
Sold Price
$115,200
Premium/Discount to List
$5,200
4.73%
Current Estimated Value
$295,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,660
Avg. Annual Appreciation
9.98%
Original Mortgage
$110,089
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2015
Sold by
Cross Donald and Cross Donald L
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 24, 2003
Sold by
Stokes Todd E
Bought by
Cross Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,688
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2001
Sold by
Stokes Todd E and Stokes Toby
Bought by
Stokes Todd E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1994
Sold by
Gotowka Michele I and Petroski Michele
Bought by
Stokes Todd E and Stokes Toby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,387
Interest Rate
8.61%
Mortgage Type
FHA
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
Urbieta Jorge Mendoza $115,500 None Available
U S Bank National Association -- None Available
Cross Donald $166,000 Atgf Inc
Stokes Todd E -- --
Stokes Todd E $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urbieta Jorge Mendoza $110,089
Previous Owner Cross Donald $162,400
Previous Owner Cross Donald $30,000
Previous Owner Cross Donald $164,110
Previous Owner Cross Donald $163,688
Previous Owner Stokes Todd E $116,000
Previous Owner Stokes Todd E $7,000
Previous Owner Stokes Todd E $99,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $115,200 +10.2% $59 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/02/2016 02/02/16 Price Changed $104,500 -5.0% $53 / Sq Ft
02/01/2016 02/01/16 For Sale $110,000 0.0% $56 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $110,000 -- $56 / 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 $6,045 $21,000 $3,000 $18,000
2023 $5,875 $21,000 $3,000 $18,000
2022 $5,875 $21,000 $3,000 $18,000
2021 $4,655 $13,509 $2,599 $10,910
2020 $4,626 $13,509 $2,599 $10,910
2019 $4,714 $15,381 $2,599 $12,782
2018 $5,748 $16,919 $2,227 $14,692
2017 $5,730 $16,919 $2,227 $14,692
2016 $5,392 $16,919 $2,227 $14,692
2015 $5,430 $15,455 $1,980 $13,475
2014 $5,259 $15,455 $1,980 $13,475
2013 -- $15,455 $1,980 $13,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09102456

Midwest Real Estate Data (MRED)

APN: 06-20-105-045-0000