NOT LISTED FOR SALE

1397 Timber Ln Unit 1397 South Elgin, IL 60177

Estimated Value: $288,000 - $302,800

2 Beds
2.5 Baths
1,167 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $245,000 $210 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,019/month

10 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Laundry Room
  • South Elgin High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

New since 2017. Roof,siding,furnace,AC and a garage door. 2 bedroom, 2.5 bath duplex with a basement that has been updated from top to bottom! Super sharp! No association fees! Beautiful kitchen with granite counters and stainless steel appliances.Both bedrooms have private full bathrooms. Master bedroom offers a nice size walk in closet. Finished basement for more living and entertaining space. Huge deck and nice yard out back! Awesome location close to everything! The seller is aware the sliding glass door will need to be replaced and is willing to offer a $2,500 credit

Last Agent to Sell the Property

Paul Chadwick

Baird & Warner Fox Valley - Geneva License #471002108 Listed on: 07/07/2022

Baird & Warner Fox Valley -  Geneva

Co-Listed By

Lisa Schutz

Baird & Warner Fox Valley - Geneva License #475168623

Last Buyer's Agent

Aspasia Poziwilko

Berkshire Hathaway HomeServices Starck Real Estate License #475129921

Berkshire Hathaway HomeServices Starck Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1996

Lot Details

  • 6,795

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Half Duplex
  • Vinyl Siding

Interior Spaces

  • 1,167 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 52x119x60x121

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,799

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • LivingArea: 1167
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 275000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 52X119X60X121
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 4798.76
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 4, 2022
Sold by
Christensen and Stephanie
Bought by
Christensen Kevin and Christensen Stephanie
Seller's Agent
Paul Chadwick
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Aspasia Poziwilko
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Views
7
Current Estimated Value
$295,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,700
Avg. Annual Appreciation
6.13%
Original Mortgage
$205,000
Outstanding Balance
$194,967
Interest Rate
4.88%
Mortgage Type
Balloon
Estimated Equity
$100,733

Purchase Details

Listed on
Nov 20, 2015
Closed on
Jan 22, 2016
Sold by
Griffin Ventures 1 Llc
Bought by
Christensen Kevin and Christensen Stephanie
Seller's Agent
Marisa Rohrer
M Property Group LLC
Buyer's Agent
Paul Chadwick
Baird & Warner Fox Valley - Geneva
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$132,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2015
Closed on
Sep 23, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Griffin Ventures 1 Llc
Seller's Agent
Frank Rusin
Four Seasons Realty, Inc.
Buyer's Agent
Marisa Rohrer
M Property Group LLC
List Price
$157,000
Sold Price
$100,100
Premium/Discount to List
-$56,900
-36.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
354.70%
Original Mortgage
$75,075
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2014
Sold by
Swiertz Mark and Swiertz Catherine
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 9, 2007
Sold by
Steelman Ronald E
Bought by
Swiertz Mark and Swiertz Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1995
Sold by
Kingsport Development Inc
Bought by
Steelman Ronald and Steelman Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
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
Christensen Kevin $245,000 --
Christensen Kevin $165,000 Fidelity National Title
Griffin Ventures 1 Llc -- Multiple
Secretary Of Housing & Urban Development $93,720 None Available
Swiertz Mark $183,000 Chicago Title Insurance Co
Steelman Ronald $124,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Kevin $205,000
Previous Owner Christensen Kevin $132,000
Previous Owner Griffin Ventures 1 Llc $75,075
Previous Owner Swiertz Mark $183,000
Previous Owner Steelman Ronald $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $245,000 -10.9% $210 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $275,000 +66.7% $236 / Sq Ft
01/22/2016 01/22/16 Sold $165,000 0.0% $141 / Sq Ft View Prior Sale
11/27/2015 11/27/15 Pending -- -- --
11/20/2015 11/20/15 For Sale $165,000 +64.8% $141 / Sq Ft
09/23/2015 09/23/15 Sold $100,100 0.0% $86 / Sq Ft View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
06/22/2015 06/22/15 Off Market $100,100 -- --
06/19/2015 06/19/15 Pending -- -- --
05/27/2015 05/27/15 Price Changed $141,300 -10.0% $121 / Sq Ft
03/17/2015 03/17/15 For Sale $157,000 -- $135 / 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 $5,629 $79,336 $17,524 $61,812
2023 $5,342 $71,674 $15,832 $55,842
2022 $5,108 $65,354 $14,436 $50,918
2021 $4,799 $61,102 $13,497 $47,605
2020 $4,646 $58,331 $12,885 $45,446
2019 $4,466 $55,564 $12,274 $43,290
2018 $4,368 $52,345 $11,563 $40,782
2017 $4,141 $49,485 $10,931 $38,554
2016 $4,519 $45,909 $10,141 $35,768
2015 -- $42,080 $9,295 $32,785
2014 -- $41,560 $9,180 $32,380
2013 -- $42,656 $9,422 $33,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11440722

Midwest Real Estate Data (MRED)

APN: 06-33-282-048