NOT LISTED FOR SALE

14N506 Timber Ridge Dr Unit 2 Elgin, IL 60124

Far West Elgin Neighborhood

Estimated Value: $610,000 - $761,906

4 Beds
3.5 Baths
3,354 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $750,000 $224 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,909/month

3 Days on Market

Highlights

  • Heated Floors
  • 1.05 Acre Lot
  • Fireplace in Primary Bedroom
  • Hampshire High School Rated A-
  • Mature Trees
  • Deck

About This Home

As of June 2024

Experience the charm of this captivating 3,354 sq ft home tucked away in the desirable Timber Ridge Subdivision, a gem within the Hampshire School District. Situated at the end of a cul-de- sac, enjoy the 1.05 acre lot with views of farmland and natural landscape. The professionally landscaped yard features an in-ground sprinkler system. This home was recently refreshed with a near-complete repaint in a neutral palette inside and out. This custom home has unique craftsmanship including an expansive Amish front door, vaulted ceilings, tray ceilings and skylights. This home also features solid cherry 6 panel doors and tall baseboard trim throughout. Enjoy the warmth of the wood flooring throughout the first and second level. Natural light cascades through the Pella transom windows, equipped with built-in removable blinds for added comfort and privacy. Enjoy the warmth of three masonry fireplaces, one located on each level of this home. At the heart of this home lies the kitchen featuring custom Wood-Mode cabinets, a large island with slide out shelves, premium appliances including a Sub- Zero refrigerator, Viking stove, a Bosch dishwasher, beautiful neutral granite countertops with matching backsplash. A large walk-in pantry with additional storage, and wet bar with beverage refrigerator make this kitchen a dream. Rounding out the main level you will find a large dining room, spacious living room and adjoining family room separated by French doors, a mudroom with laundry, and a powder room. The open staircase will take you to the second level where you will find 4 spacious bedrooms. The luxurious primary bedroom shines with its own fireplace. The master bathroom was remodeled in 2011 and includes a soaker tub, radiant heated floors, and a walk-in steam shower. The master suite is complete with his and hers walk-in closets. The walk-out fully finished basement features a full kitchen walk-in shower, radiant heated floors, and a masonry fireplace. Watch beautiful sunsets from the expansive deck, which was repainted in 2023. No more refilling gas tanks for the grill! Your future home is equipped with a dedicated natural gas line for grilling. An additional entertainment area includes the large stamped concrete patio with firepit. Recent upgrades include a new roof installed in 2020, and two A/C units and furnaces replaced in 2017. Additional amenities include Culligan water filter system, owned water softener, central vacuum, security camera system, whole house built in speaker system, and a heated 3 car garage with epoxy floor.

Last Agent to Sell the Property

Bessy Canales

Hometown Realty Group License #475204149 Listed on: 04/25/2024

Last Buyer's Agent

Lisa Wolf

Keller Williams North Shore West License #471008702

Keller Williams North Shore West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,665

Year Built

  • Built in 1998

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • 8 Open Parking Spaces
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,354 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Blinds
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Pull Down Stairs to Attic
  • Property Views

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Steam Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage
  • Basement Lookout

Home Security

  • Home Security System
  • Storm Screens

Outdoor Features

  • Deck
  • Brick Porch or Patio
  • Fire Pit

Schools

  • Gary Wright Elementary School
  • Hampshire Middle School
  • Hampshire High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • 200+ Amp Service
  • Well
  • Multiple Water Heaters
  • Water Purifier is Owned
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Timber Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,665

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Timber Ridge
  • Year Built: 1998
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Water Purifier Owned, Water Softener Owned
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter, Masonry
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Heated Floors, In-Law Arrangement, First Floor Laundry, Built-in Features, Walk-In Closet(s), Special Millwork, Granite Counters, Separate Dining Room, Pantry
  • LivingArea: 3354
  • Other Equipment: Humidifier, Water-Softener Owned, Central Vacuum, Security System, Ceiling Fan(s), Sprinkler-Lawn, Multiple Water Heaters, Security Cameras
  • Room Type: Kitchen, Family Room, Recreation Room, Foyer, Mud Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 3354
  • Basement Description: Finished,Exterior Access,Lookout,Rec/Family Area,Storage Space
  • Bathroom Amenities: Steam Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3354
  • Fireplace Location: Family Room,Master Bedroom,Basement
  • Total Sq Ft: 3354
  • Upper Level Sq Ft: 863
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1276
  • Lower Level Sq Ft: 1215
  • Door Features: French Doors,Sliding Doors,6 Panel Door(s)
  • Window Features: Blinds,Screens
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Patio, Stamped Concrete Patio, Brick Paver Patio, Storms/Screens, Fire Pit
  • List Price: 739999
  • Lot Features: Cul-De-Sac, Mature Trees, Views
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • OpenParkingSpaces: 8
  • ParkingTotal: 11
  • Driveway: Concrete
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+
  • Laundry Features: In Unit, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Gary Wright Elementary School
  • High School: Hampshire High School
  • Middle/Junior School: Hampshire Middle School
  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 1.05
  • Lot Dimensions: 45700
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19

Tax Info

  • Tax Annual Amount: 12665
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 7, 2024
Sold by
Robin Daniel and Pearson Brenda J
Bought by
Nevsimal Peter James and Ramirez Kelly Beth
Seller's Agent
Bessy Canales
Hometown Realty Group
Buyer's Agent
Lisa Wolf
Keller Williams North Shore West
List Price
$739,999
Sold Price
$750,000
Premium/Discount to List
$10,001
1.35%
Views
56
Current Estimated Value
$708,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,773
Avg. Annual Appreciation
-1.57%
Original Mortgage
$487,500
Outstanding Balance
$482,373
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$252,703

Purchase Details

Closed on
Feb 11, 2013
Sold by
Levine Michael and Levine Silvia
Bought by
Levine Michael and Levine Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,850
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Levine Michael and Blake Jonathon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1999
Sold by
American National Bk & Tr Co Of Chicago
Bought by
American National Bk & Tr Co Of Chicago and Trust #601159-04

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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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
Nevsimal Peter James $750,000 Acuity Title
Levine Michael -- Success Title Services Inc
Levine Michael $475,000 Chicago Title Insurance Co
American National Bk & Tr Co Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevsimal Peter James $487,500
Previous Owner Levine Michael $412,850
Previous Owner Levine Michael $380,000
Previous Owner American National Bk & Tr Co Of Chicago $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $750,000 +1.4% $224 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $739,999 +9.6% $221 / Sq Ft
03/24/2023 03/24/23 Sold $675,000 0.0% $203 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $675,000 -- $203 / 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 $13,843 $226,042 $44,994 $181,048
2023 $13,319 $204,415 $40,689 $163,726
2022 $12,665 $188,470 $37,515 $150,955
2021 $12,343 $177,267 $35,285 $141,982
2020 $12,589 $178,801 $34,384 $144,417
2019 $12,330 $171,610 $33,001 $138,609
2018 $11,985 $161,060 $30,972 $130,088
2017 $11,690 $153,376 $29,494 $123,882
2016 $11,675 $146,017 $28,079 $117,938
2015 -- $137,908 $26,520 $111,388
2014 -- $119,075 $26,520 $92,555
2013 -- $121,258 $27,006 $94,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12038377

Midwest Real Estate Data (MRED)

APN: 02-35-251-006