NOT LISTED FOR SALE

14N682 Timber Ridge Dr Unit 2 Elgin, IL 60124

Far West Elgin Neighborhood

Estimated Value: $579,000 - $732,340

5 Beds
3 Baths
5,600 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $680,000 $121 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,806/month

7 Days on Market

Highlights

  • Waterfront
  • 3.65 Acre Lot
  • Recreation Room
  • Hampshire High School Rated A-
  • Family Room with Fireplace
  • Home Gym

About This Home

As of May 2024

Stunning open-concept ranch-style home with walk-out basement situated on a tranquil and private 3.5+ acre lot with two stocked fishing ponds. With approx 5600 sqft, there is so much to explore! The fabulous kitchen boasts a center island with breakfast bar, granite counters, stainless steel appliances, and overlooks the spacious family room with fireplace. Step outside onto the expansive 2-tier deck and take in the beauty! The walk-out basement has a huge recreation area, wet-bar, refrigerator, microwave, another fireplace, fitness room, bedrooms, and a bathroom. This property also boasts a massive 3.5+ car garage with zero clearance doors and a spacious walk-up attic, providing ample storage for all your belongings. Conveniently located minutes away from the Randall Corridor, I90, and the Big Timber Train station.

Last Agent to Sell the Property

Stacey Corcoran

Coldwell Banker Realty License #475160616 Listed on: 03/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Lindsey Williams

Lindsey Williams Realty License #471021427

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,346

Year Built

  • Built in 1997

Lot Details

  • 3.65 Acre Lot
  • Lot Dimensions are 668x264x735x189
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,600 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Home Gym
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,346

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1997
  • 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Interior Amenities: First Floor Laundry
  • LivingArea: 5600
  • Room Type: Bedroom 5, Recreation Room, Exercise Room, Foyer
  • Estimated Total Finished Sq Ft: 5603
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 5603
  • Fireplace Location: Family Room,Basement
  • Total Sq Ft: 6003
  • Main Level Sq Ft: 3003
  • Lower Level Sq Ft: 2600
  • Unfinished Lower Sq Ft: 400
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 680000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Circular
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • 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 Elementary School
  • Middle/Junior School District: 300

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.65
  • Lot Dimensions: 668X264X735X189
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12346.06
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 6, 2024
Sold by
Oddo Tyler L and Oddo Tara M
Bought by
Neikirk Jeffrey and Neikirk Victoria
Seller's Agent
Stacey Corcoran
Coldwell Banker Realty
Buyer's Agent
Lindsey Williams
Lindsey Williams Realty
List Price
$680,000
Sold Price
$680,000
Views
4
Current Estimated Value
$660,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,665
Avg. Annual Appreciation
-2.32%
Original Mortgage
$646,000
Outstanding Balance
$637,983
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$22,352

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 13, 2023
Sold by
Ellett Matthew and Ellett Jennifer C
Bought by
Oddo Tyler L and Oddo Tara M
Seller's Agent
Mary Roberts
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Nancy Sobol
Compass
List Price
$659,900
Sold Price
$680,000
Premium/Discount to List
$20,100
3.05%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$445,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2016
Sold by
Ellett Matthew
Bought by
Ellett Matthew and Ellett Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2014
Closed on
Jun 23, 2014
Sold by
Household Finance Corporation Iii
Bought by
Ellett Matthew
Seller's Agent
Marisa Barragan
Compass REO Incorporated
Buyer's Agent
Mary Roberts
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$80,000
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2014
Sold by
Beville Paula and Beville Paula D
Bought by
Household Finance Corporation Iii

Purchase Details

Closed on
Sep 2, 1998
Sold by
Brandonisio Pat and Brandonisio Marina
Bought by
Beville Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
9.87%
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
Neikirk Jeffrey $680,000 Chicago Title
Oddo Tyler L $680,000 First American Title
Ellett Matthew -- First American Title
Ellett Matthew $235,000 Premier Title
Household Finance Corporation Iii -- Premier Title
Beville Paula $390,000 Premier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neikirk Jeffrey $646,000
Previous Owner Oddo Tyler L $445,000
Previous Owner Ellett Jennifer C $307,000
Previous Owner Ellett Matthew $336,000
Previous Owner Ellett Matthew $380,599
Previous Owner Ellett Matthew $80,000
Previous Owner Beville Paula D $65,000
Previous Owner Beville Paula $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $680,000 0.0% $121 / Sq Ft
03/27/2024 03/27/24 For Sale $680,000 0.0% $121 / Sq Ft
09/15/2023 09/15/23 Sold $680,000 +3.0% $121 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $659,900 0.0% $118 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $659,900 +180.8% $118 / Sq Ft
06/30/2014 06/30/14 Sold $235,000 -9.6% $78 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $259,900 -- $87 / 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 $13,910 $227,093 $60,493 $166,600
2023 $13,082 $192,925 $54,705 $138,220
2022 $12,346 $177,877 $50,438 $127,439
2021 $12,057 $167,304 $47,440 $119,864
2020 $11,878 $163,033 $46,229 $116,804
2019 $11,650 $156,477 $44,370 $112,107
2018 $11,342 $146,857 $41,642 $105,215
2017 $11,093 $139,850 $39,655 $100,195
2016 $11,102 $133,139 $37,752 $95,387
2015 -- $125,745 $35,655 $90,090
2014 -- $132,667 $35,655 $97,012
2013 -- $135,099 $36,309 $98,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014911

Midwest Real Estate Data (MRED)

APN: 02-35-251-001