NOT LISTED FOR SALE

161 Freesia Ln Elgin, IL 60124

Estimated Value: $576,000 - $634,000

4 Beds
4 Baths
3,410 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $395,000 $116 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,317/month

143 Days on Market

Highlights

  • Landscaped Professionally
  • Corner Lot
  • Double Oven
  • Howard B. Thomas Grade School Rated 9+
  • Home Office
  • Stainless Steel Appliances

About This Home

As of July 2018

A 2012 Custom-built, 2-Story, Brick-stone-front, 4 Bedrooms, 3.5 Bath, 3-Car Garage house in Burlington School district, makes you feel at home the moment you step in. The first floor boasts of Precise 2-story foyer, Hardwood T-staircase, Double-arched Living room, Majestic Dining room with Semi-butler Pantry, A spectacular 2-Story Family room, A sleek open-concept Gourmet Kitchen, An inspiring Powder room & Study, 9 ft. ceilings, A Laundry room with tub, Fireplace, Granite counter tops, Stainless steel appliances, Custom cabinets, Exquisite Kitchen back-splashes, Arched walls, Hardwood floors in Walkways, Kitchen & Powder room. The second floor highlights include a sibling-designed Jack & Jill Bath separating two bedrooms, A spacious Guest bedroom w/big Walk-in Closet and attached Bath, An impressive Master suite with a huge Master bedroom, Custom Bath & Vanity, Soaker Tub, Separate Standing Shower & Extraordinary Walk-in closet. Lastly, an arty Patio on a Corner Lot makes it unique.

Last Agent to Sell the Property

Jackie Grieshamer

4 Sale Realty, Inc. License #471018458 Listed on: 11/11/2017

Last Buyer's Agent

Brijesh Patel

Coldwell Banker Realty License #475163398

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,642

Year Built

  • 2012

Lot Details

  • East or West Exposure
  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $17 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Fireplace With Gas Starter
  • Home Office

Kitchen

  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,642

Year Built

2012

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Square Footage Comments: 3745 sf. per appraisal Nov. 2016
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2012
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Interior Property Features: 1st Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 12X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Cooktop
  • Equipment: Humidifier, Security System, CO Detectors, Ceiling Fan, Sump Pump, Radon Mitigation System(s)
  • Fireplace Details: Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X7, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Dining Room: Dimensions: 13X16, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 23X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 23X15, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Office, Dimensions: 12X14, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X16, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 4: Dimensions: 12X15, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 3410
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X18, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Brick Paver Patio, Fire Pit
  • Exposure: W (West)
  • Acreage: 0.2885

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, Fuses
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 17
  • Management Contact Name: Richard Overhard
  • Management Phone: 630-339-5478

Fee Information

  • Management Company: Tall Oaks of Elgin

Schools

  • School District: 301
  • Elementary School: HOWARD B THOMAS GRADE SCHOOL
  • Middle School: PRAIRIE KNOLLS MIDDLE SCHOOL
  • High School: CENTRAL HIGH SCHOOL
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 99X127
  • Lot Description: Corner, Landscaped Professionally
  • Parcel Identification Number: 0618183001

Tax Info

  • Taxes: 13493.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jul 16, 2018
Sold by
Iqbal Zafar and Siddique Nida
Bought by
Patel Mihir and Patel Tara
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Brijesh Patel
Coldwell Banker Realty
List Price
$419,900
Sold Price
$395,000
Premium/Discount to List
-$24,900
-5.93%
Current Estimated Value
$594,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,181
Avg. Annual Appreciation
5.80%
Original Mortgage
$365,375
Outstanding Balance
$316,652
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$277,529

Purchase Details

Closed on
May 7, 2012
Sold by
Faganel Builders Llc
Bought by
Iqbal Zafar and Siddique Nida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,905
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2010
Sold by
Light Wade B
Bought by
Tall Oaks 47 Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Wyndham Deerpoint Homes
Bought by
R A Faganel Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Patel Mihir $395,000 Attorneys Title Guaranty Fun
Iqbal Zafar $351,000 Chicago Title Insurance Co
Tall Oaks 47 Llc -- Chicago Title Insurance Co
Tall Oaks 47 Llc $1,175,000 Chicago Title Insurance Co
R A Faganel Builders Inc $3,000,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mihir $365,375
Previous Owner Iqbal Zafar $335,905
Previous Owner R A Faganel Builders Inc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $395,000 -7.9% $116 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $429,000 +8.3% $126 / Sq Ft
02/21/2018 02/21/18 Price Changed $395,999 -1.0% $116 / Sq Ft
11/27/2017 11/27/17 Price Changed $399,999 -3.8% $117 / Sq Ft
11/14/2017 11/14/17 Price Changed $415,900 -1.0% $122 / Sq Ft
11/11/2017 11/11/17 For Sale $419,900 -- $123 / 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 $13,642 $163,356 $40,468 $122,888
2023 $13,092 $147,580 $36,560 $111,020
2022 $12,317 $134,567 $33,336 $101,231
2021 $11,814 $125,811 $31,167 $94,644
2020 $11,476 $120,106 $29,754 $90,352
2019 $11,103 $114,409 $28,343 $86,066
2018 $13,589 $136,993 $26,701 $110,292
2017 $13,095 $128,667 $25,242 $103,425
2016 $13,494 $123,035 $23,418 $99,617
2015 -- $112,773 $21,465 $91,308
2014 -- $93,039 $21,200 $71,839
2013 -- $95,493 $21,759 $73,734
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09799359

Midwest Real Estate Data (MRED)

APN: 06-18-183-001