NOT LISTED FOR SALE

1480 Burke Ln South Elgin, IL 60177

Estimated Value: $349,000 - $371,090

3 Beds
2 Baths
1,511 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $256,000 $169 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,586/month

6 Days on Market

Highlights

  • Lake Front
  • Landscaped Professionally
  • Property is adjacent to nature preserve
  • South Elgin High School Rated A-
  • A-Frame Home
  • Vaulted Ceiling

About This Home

As of March 2021

Vacation at home in this beautifully updated home on the prettiest lot in sought after Heartland Meadows with stunning nature and water views!! SO many updates here including NEW roof, all NEW windows and NEW HVAC in 2018! Gleaming hardwood floors throughout the main level and newer carpet on second floor. The kitchen and baths have been updated with granite-fantastic! Lovely family room with fireplace opens to breakfast area and kitchen and provides that wonderful open concept - perfect for entertaining and creating family memories! Step out the sliding glass door to the expansive brick paver patio overlooking the gorgeous, professionally landscaped backyard with tranquil water and nature views!! SO much privacy here!!! The second level boasts 3 spacious bedrooms including fabulous master suite with private bath and W/I closet - the perfect retreat! This one is a must see and will not last long!! Bring your most discriminating buyers!! A 10++!!!

Last Agent to Sell the Property

Kathleen Schlagel

Redfin Corporation License #475131706 Listed on: 02/04/2021

Redfin Corporation

Last Buyer's Agent

Jill Petranek

Coldwell Banker Realty License #475158835

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • 1998

Lot Details

  • Lake Front
  • Property is adjacent to nature preserve
  • Wetlands Adjacent
  • Southern Exposure
  • Landscaped Professionally

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • A-Frame Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Heatilator
  • Wood Flooring
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Brick Porch or Patio
  • Property is near a bus stop

Listing and Financial Details

  • $1,300 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: A-Frame
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Heatilator Type System
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Wood Laminate
  • Dining Room: Dimensions: 10X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 9X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X13, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1511
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X18, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens
  • Exposure: N (North), S (South), Lake/Water
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Community
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1511

Schools

  • School District: 46
  • High School: South Elgin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 0.17
  • Lot Description: Nature Preserve Adjacent, Wetlands adjacent, Landscaped Professionally, Water View
  • Parcel Identification Number: 0628481002

Tax Info

  • Taxes: 6122.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 10, 2021
Sold by
Dean Kenneth C
Bought by
Gill Matthew M and Gill Allison
Seller's Agent
Kathleen Schlagel
Redfin Corporation
Buyer's Agent
Jill Petranek
Coldwell Banker Realty
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$357,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,523
Avg. Annual Appreciation
7.38%
Original Mortgage
$204,800
Outstanding Balance
$184,421
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$167,572

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 3, 2021
Sold by
Dean Kenneth C
Bought by
Gill Matthew M and Gill Allison
Seller's Agent
Kathleen Schlagel
Redfin Corporation
Buyer's Agent
Jill Petranek
Coldwell Banker Realty
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Outstanding Balance
$184,421
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$167,572

Purchase Details

Closed on
Jul 26, 2007
Sold by
Dean Kenneth C and Dean Kenneth J
Bought by
Dean Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1998
Sold by
Heartland Meadows Development Inc
Bought by
Dean Kenneth C and Dean Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,573
Interest Rate
7.16%
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
Gill Matthew M $256,000 Chicago Title
Gill Matthew M $256,000 Attorney
Dean Kenneth C -- Absolute Title Services
Dean Kenneth C $142,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Matthew M $204,800
Previous Owner Dean Kenneth C $100,000
Previous Owner Dean Kenneth C $107,600
Previous Owner Dean Kenneth C $115,500
Previous Owner Dean Kenneth C $130,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $256,000 +2.4% $169 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $249,900 -- $165 / 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 $7,700 $105,580 $32,132 $73,448
2023 $7,331 $95,384 $29,029 $66,355
2022 $6,968 $86,973 $26,469 $60,504
2021 $6,559 $81,314 $24,747 $56,567
2020 $6,359 $77,627 $23,625 $54,002
2019 $6,122 $73,944 $22,504 $51,440
2018 $6,000 $69,660 $21,200 $48,460
2017 $5,699 $65,854 $20,042 $45,812
2016 $5,423 $61,095 $18,594 $42,501
2015 -- $53,974 $15,018 $38,956
2014 -- $51,211 $14,833 $36,378
2013 -- $52,562 $15,224 $37,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10982458

Midwest Real Estate Data (MRED)

APN: 06-28-481-002