NOT LISTED FOR SALE

1488 Burke Ln South Elgin, IL 60177

Estimated Value: $319,000 - $338,102

3 Beds
1.5 Baths
1,216 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $265,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,336/month

3 Days on Market

Highlights

  • Water Views
  • Mature Trees
  • Pond
  • South Elgin High School Rated A-
  • Property is near a park
  • Stainless Steel Appliances

About This Home

As of June 2022

The perfect place to call home! One owner, LOVINGLY Maintained. This home has so many upgrades. Large great room has enough room for the entire family with carpet and NEW Pella windows. The kitchen has beautiful vinyl floors, an eating area, plenty of cabinet space, newer stainless steel appliances and a ceiling fan! There is also a pantry area for additional storage. A place for everything! Views of the gorgeous backyard and lake out the sliding glass door and kitchen window. Convenient laundry room and updated half bath finish out the first floor. Upstairs, the master bedroom has NEW windows, carpet and TWO closets. Two additional bedrooms with large windows and carpet. The third bedroom has been used as an office and a second closet was added. IF you need more floor space the double door closet could be removed. The upstairs bathroom has been updated with travertine floors and shower, a glass shower door, new light fixtures and a medicine cabinet. Most big ticket items have been updated, giving you peace of mind for years to come - NEW roof and gutter guards, NEW water heater and NEW windows. Summer is almost here and there is no better place to be this summer than this beautiful backyard with large brick paver patio, lush landscaping and breathtaking views of the lake. Truly your own private retreat every season. This one checks all the boxes! See it today tomorrow maybe too late!

Last Agent to Sell the Property

Pamela Raver

eXp Realty - Geneva License #475106286 Listed on: 04/22/2022

eXp Realty - Geneva

Last Buyer's Agent

Kevin Patel

eXp Realty License #475159928

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1997

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58x127x51x127
  • Paved or Partially Paved Lot
  • Mature Trees
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Partially Carpeted
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Brick Porch or Patio
  • Shed

Location

  • Property is near a park

Utilities

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

Community Details

  • Liberty

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Laundry, Some Carpeting
  • LivingArea: 1216
  • Other Equipment: Humidifier
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1216
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • List Price: 255000
  • Lot Features: Pond(s), Water View, Mature Trees, Garden, Views
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • 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, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 58X127X51X127
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 5056.48
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 23, 2022
Sold by
Ohara David J and Ohara Sharon
Bought by
Gilbert-Luna Yasnaya and Luna Roger
Seller's Agent
Pamela Raver
eXp Realty - Geneva
Buyer's Agent
Kevin Patel
eXp Realty
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Total Days on Market
3
Current Estimated Value
$327,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,026
Avg. Annual Appreciation
6.66%
Original Mortgage
$212,000
Outstanding Balance
$197,857
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$128,538

Purchase Details

Closed on
Jan 19, 1999
Sold by
Ohara David J and Ohara Sharon
Bought by
Ohara David J and Ohara Sharon

Purchase Details

Closed on
Feb 27, 1998
Sold by
Heartland Meadows Development Inc
Bought by
Ohara David J and Ohara Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,313
Interest Rate
7.14%
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
Gilbert-Luna Yasnaya $265,000 Wheatland Title
Ohara David J -- --
Ohara David J $125,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert-Luna Yasnaya $212,000
Previous Owner Ohara David J $176,000
Previous Owner Ohara David J $148,800
Previous Owner Hara David J O $133,300
Previous Owner Hara David J O $20,000
Previous Owner Ohara David J $172,600
Previous Owner Ohara David J $186,000
Previous Owner Ohara David J $60,000
Previous Owner Ohara David J $138,630
Previous Owner Ohara David J $20,500
Previous Owner Ohara David J $20,500
Previous Owner Ohara David J $139,975
Previous Owner Ohara David $15,000
Previous Owner Ohara David $124,292
Previous Owner Ohara David J $123,313
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $265,000 0.0% $218 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/26/2022 04/26/22 Off Market $265,000 -- --
04/22/2022 04/22/22 For Sale $255,000 -- $210 / 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 $6,662 $92,423 $32,132 $60,291
2023 $6,334 $83,497 $29,029 $54,468
2022 $5,605 $76,134 $26,469 $49,665
2021 $5,241 $71,180 $24,747 $46,433
2020 $5,056 $67,952 $23,625 $44,327
2019 $4,841 $64,728 $22,504 $42,224
2018 $4,710 $60,978 $21,200 $39,778
2017 $4,442 $57,646 $20,042 $37,604
2016 $4,182 $53,480 $18,594 $34,886
2015 -- $46,994 $15,018 $31,976
2014 -- $45,089 $14,833 $30,256
2013 -- $46,278 $15,224 $31,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11381783

Midwest Real Estate Data (MRED)

APN: 06-28-481-001