NOT LISTED FOR SALE

1450 Wing St Unit 2A Elgin, IL 60123

Estimated Value: $177,000 - $248,000

3 Beds
1 Bath
1,255 Sq Ft
1971 Built

Last Sold June 26, 2020

Last sale price $99,000 $79 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,413/month

Highlights

  • Water Views
  • L-Shaped Dining Room
  • Breakfast Bar
  • End Unit
  • Detached Garage
  • Storage

About This Home

As of August 2020

THIS IS A first time rental by new owner ground level condo WITH A GARAGE SPACE! NICE WEST SIDE LOCATION CLOSE TO SHOPPING AND SCHOOLS! EASY TO SHOW! OVERLOOKING THE BROOK OF TYLER CREEK! beautiful location. the carpet has been professionally cleaned and freshly painted condo.LARGE SIZE LIVING ROOM COMBINE WITH DINING ROOM AREA,EASY ACCESS TO GARAGE, MAKE THIS YOUR NEW HOME!

Last Agent to Rent the Property

Hasmukh Kothari

KMS Realty, Inc. License #471006066 Listed on: 06/26/2020

Co-Listed By

Navinchandra Mehta

KMS Realty, Inc. License #475126229

Last Renter's Agent

Hasmukh Kothari

KMS Realty, Inc. License #471006066 Listed on: 06/26/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,291

Year Built

  • 1971

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage
  • Laundry on main level
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range

Home Security

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • North or South Exposure
  • End Unit

Community Details

  • Common Area
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,291

Year Built

1971

Lot Details

0

Parking

1

Rental Info

  • Available: 07/01/2020
  • Fees Approvals: Credit Report
  • Lease Terms: 1 Year Lease
  • Monthly Lot Rental Included: Cooking Gas, Heat, Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Internet
  • Security Deposit: 1400
  • Short Term Lease Ok: Yes
  • Short Term Rent Rate: 1600

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1255
  • Estimated Year Built: 1971
  • Type Attached: Condo
  • Type Of Rental Property: Attached
  • Total Sq Ft: 1255
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1971

Interior Features

  • Interior Property Features: 1st Floor Laundry, 1st Floor Full Bath, Storage
  • Number Of Rooms: 6
  • Appliances: Oven/Range, Refrigerator
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 14X13
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Window Treatments: All
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X11
  • Third Bedroom Flooring: Carpet
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 16X16
  • Living Room Flooring: Carpet
  • Dining Room: Separate, L-shaped
  • Dining Room Level: Main Level
  • Dining Room Size: 12X10
  • Dining Room Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 12X09
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 1255
  • Main Level Sq Ft: 1255
  • Estimated Total Finished Sq Ft: 1255

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Storms/Screens, End Unit
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Management: Manager Off-site, Monday through Friday
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Storage, Security Door Locks
  • Management Contact Name: Stephanie Schmanke
  • Management Phone: 847-695-6400

Fee Information

  • Management Company: Preferred Homes Management Company

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Water View

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 18, 2020
Sold by
Fannie Mae
Bought by
Mehta Pranav and Mehta Pinky
Seller's Agent
Hasmukh Kothari
KMS Realty, Inc.
Buyer's Agent
Hasmukh Kothari
KMS Realty, Inc.
Sold Price
$1,400
Current Estimated Value
$213,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,539
Avg. Annual Appreciation
15.71%
Original Mortgage
$74,250
Outstanding Balance
$66,477
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$147,462

Purchase Details

Closed on
Feb 24, 2020
Sold by
Quicken Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 6, 2020
Sold by
Pfingsten Charlotte and Pfingsten Harrison A
Bought by
Quicken Loans Inc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Traversa Eugene A
Bought by
Traversa Charlotte J

Purchase Details

Closed on
Dec 29, 2000
Sold by
Windsor Development Corp
Bought by
Traversa Eugene A and Traversa Charlotte J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.69%

Purchase Details

Closed on
Dec 5, 2000
Sold by
Windsor Development Corp
Bought by
Rifken Louis L and Rifken Merrian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.69%

Purchase Details

Closed on
Jan 10, 2000
Sold by
Windsor Lifecare Llc
Bought by
Windsor Development Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mehta Pranav $99,000 Attorney
Federal National Mortgage Association -- Attorney
Quicken Loans Inc -- Attorney
Traversa Charlotte J -- Chicago Title Insurance Co
Traversa Eugene A $106,000 Chicago Title Insurance Co
Rifken Louis L $96,000 Chicago Title Insurance Co
Windsor Development Corp -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Pranav $74,250
Previous Owner Traversa Eugene A $84,800
Previous Owner Rifken Louis L $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2020 08/01/20 Rented $1,400 -98.6% --
07/09/2020 07/09/20 Under Contract -- -- --
06/26/2020 06/26/20 Sold $99,000 0.0% $79 / Sq Ft View Prior Sale
06/26/2020 06/26/20 For Rent $1,400 0.0% --
05/18/2020 05/18/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $99,900 -- $80 / 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 $3,291 $41,129 $13,900 $27,229
2023 $3,167 $37,157 $12,558 $24,599
2022 $2,938 $33,881 $11,451 $22,430
2021 $2,826 $31,676 $10,706 $20,970
2020 $2,758 $30,240 $10,221 $20,019
2019 $2,690 $28,805 $9,736 $19,069
2018 $3,387 $34,255 $9,172 $25,083
2017 $3,331 $32,383 $8,671 $23,712
2016 $3,204 $30,042 $8,044 $21,998
2015 -- $27,536 $7,373 $20,163
2014 -- $27,196 $7,282 $19,914
2013 -- $27,913 $7,474 $20,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10761575

Midwest Real Estate Data (MRED)

APN: 06-10-327-018