NOT LISTED FOR SALE

14N651 Timber Ridge Dr Unit 2 Elgin, IL 60124

Far West Elgin Neighborhood

Estimated Value: $728,000 - $776,000

4 Beds
3.5 Baths
3,200 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $635,000 $198 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,131/month

18 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • 0.95 Acre Lot
  • Hampshire High School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of August 2022

ABSOLUTELY STUNNING HOME! BEAUTIFULLY LANDSCAPED ACRE OF LAND/ W ALL COVENIENCES OF RANDALL CORRIDOR, RESTAURANTS, SHOPPING, THEATER, HOSPITALS ACCESS TO I-90! MAIN LEVEL FEATURES LARGE WELCOMING 2-STORY FOYER! GORGEOUS STAIRCASE, FORMAL LIVING & DINING ROOM, LARGE OFFICE, 1ST FLOOR LAUNDRY! SPACIOUS FAMILY ROOM OPENING INTO GOURMET KITCHEN W/ WALK IN PANTRY, STAINLESS STEEL APPLIANCES SURROUNDED BY LARGE WINDOWS OVERLOOKING GORGEOUS BACKYARD W/ IN-GROUND POOL W/ REMAINING WARRANTY & VIEW POND! UPSTAIRS FOUR GENEROUSLY SIZED BEDROOMS! MASTER SUITE W/ SPA LIKE BATH, WALK IN CLOSET! ADDITIONAL ENTERTAINING SPACE FULL FINISHED WALK-OUT BASEMENT W/ SPACIOUS FAMILY ROOM & SLIDERS THAT STEP OUT TO BRICK-PAVER PATIO W/ FIRE PIT BASEMENT ALSO FEATURES HOME THEATER & BONUS ROOM! WATER SOFTNER & REVERSE OSMOSIS, SECURITY & IRRIGATION SYSTEM INCLUDED! ! SCHEDULE A SHOWING TODAY!

Last Agent to Sell the Property

Jesus Perez

Realty of America, LLC License #475164326 Listed on: 06/24/2022

Realty of America, LLC

Last Buyer's Agent

Rafael Villagomez

Realta Real Estate License #471022231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,371

Year Built

  • Built in 1997

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 129x290x150x301
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Tandem Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Deck
  • Brick Porch or Patio
  • Fire Pit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,371

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • 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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop
  • Basement: Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s)
  • LivingArea: 3200
  • Room Type: Eating Area, Office, Theatre Room, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio, Brick Paver Patio, In Ground Pool, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 659900
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Asphalt
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Pool, Lake
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.9477
  • Lot Dimensions: 129X290X150X301
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10370.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 19, 2022
Sold by
Morales Salazar Nuhemi
Bought by
Gutierrez Hector and Gutierrez Jessica I
Seller's Agent
Jesus Perez
Realty of America, LLC
Buyer's Agent
Rafael Villagomez
Realta Real Estate
List Price
$659,900
Sold Price
$635,000
Premium/Discount to List
-$24,900
-3.77%
Current Estimated Value
$745,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,268
Avg. Annual Appreciation
4.58%
Original Mortgage
$539,750
Outstanding Balance
$515,367
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$211,225

Purchase Details

Closed on
Jan 31, 2022
Sold by
Salazar Billy J
Bought by
Salazar Nuhemi Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2020
Sold by
Salazar Billy J and Salazar Nuhemi M
Bought by
Salazar Billy J and Salazar Nuhemi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2018
Sold by
Salazar Billy J and Salazar Nuhemi M
Bought by
Salazar Billy J and Salazar Nuhemi M

Purchase Details

Listed on
May 10, 2012
Closed on
Jun 28, 2013
Sold by
Palka Mack and Palka Barbara
Bought by
Salazar Billy J and Salazar Nuhemi
Seller's Agent
Malgorzata Wasik
arhome realty
Buyer's Agent
Juana Fuentes
Exclusive Living, Inc
List Price
$460,000
Sold Price
$285,000
Premium/Discount to List
-$175,000
-38.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$260,988
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2004
Sold by
Smith Jerome D
Bought by
Palka Mack and Palka Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,200
Interest Rate
6.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 7, 2003
Sold by
Lascola Bernard
Bought by
Smith Jerome
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
Gutierrez Hector $635,000 None Listed On Document
Salazar Nuhemi Morales -- Fidelity National Title
Salazar Billy J -- Fidelity National Title
Salazar Billy J -- Attorney
Salazar Billy J $285,000 Citywide Title Corporation
Palka Mack $461,500 M G R Title Services
Smith Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Hector $539,750
Previous Owner Salazar Nuhemi Morales $248,000
Previous Owner Salazar Billy J $260,000
Previous Owner Salazar Billy J $252,000
Previous Owner Salazar Billy J $260,988
Previous Owner Palka Mack $342,500
Previous Owner Palka Mack $72,500
Previous Owner Palka Mack $369,200
Closed Palka Mack $23,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $635,000 -3.8% $198 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $659,900 +131.5% $206 / Sq Ft
06/28/2013 06/28/13 Sold $285,000 -1.4% $89 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/24/2013 02/24/13 Price Changed $289,000 -3.3% $90 / Sq Ft
12/23/2012 12/23/12 Price Changed $299,000 -3.2% $93 / Sq Ft
12/13/2012 12/13/12 Price Changed $309,000 -6.1% $97 / Sq Ft
12/04/2012 12/04/12 Price Changed $329,000 -5.7% $103 / Sq Ft
11/26/2012 11/26/12 Price Changed $349,000 -2.8% $109 / Sq Ft
11/20/2012 11/20/12 Price Changed $359,000 -2.7% $112 / Sq Ft
11/14/2012 11/14/12 Price Changed $369,000 -2.6% $115 / Sq Ft
10/30/2012 10/30/12 Price Changed $379,000 -2.6% $118 / Sq Ft
10/23/2012 10/23/12 Price Changed $389,000 -2.7% $122 / Sq Ft
10/12/2012 10/12/12 Price Changed $399,900 -2.5% $125 / Sq Ft
10/04/2012 10/04/12 Price Changed $410,000 -4.7% $128 / Sq Ft
09/26/2012 09/26/12 Price Changed $430,000 -2.3% $134 / Sq Ft
09/07/2012 09/07/12 Price Changed $440,000 -4.3% $138 / Sq Ft
05/10/2012 05/10/12 For Sale $460,000 -- $144 / 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 -- $211,829 $44,994 $166,835
2023 $12,935 $206,484 $40,689 $165,795
2022 $10,645 $166,497 $37,515 $128,982
2021 $10,371 $156,600 $35,285 $121,315
2020 $10,205 $146,074 $34,384 $111,690
2019 $9,992 $140,199 $33,001 $107,198
2018 $9,698 $131,580 $30,972 $100,608
2017 $9,463 $125,302 $29,494 $95,808
2016 $9,447 $119,290 $28,079 $91,211
2015 -- $112,666 $26,520 $86,146
2014 -- $114,026 $26,520 $87,506
2013 -- $116,116 $27,006 $89,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11446183

Midwest Real Estate Data (MRED)

APN: 02-35-252-002