NOT LISTED FOR SALE

1663 Maple Ln Elgin, IL 60123

North Country Knolls Neighborhood

Estimated Value: $683,000 - $716,000

42 Beds
21 Baths
-- Sq Ft
10,062 Sq Ft Lot

Last Sold June 23, 2015

Last sale price $395,000

Est. 77% increase in value since last sale

Current estimated payment $5,126/month

73 Days on Market

About This Home

As of June 2015

Two story six unit building with two bedrooms units fully rented -- Partial basement -- Newer roof -- Tenant pays heat!

Last Listed By

Heather Sullivan

REMAX All Pro - St Charles Listed on: 01/20/2015

REMAX All Pro - St Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,071

Year Built

  • 1977

Lot Details

  • 10,062

Home Design

  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,117
  • Insurance Expense $2,189

Listing and Financial Details

  • Tenant pays for heat
  • $3,870 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,071

Year Built

1977

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Repairs Decor Expense: 6529
  • Scavenger Expense: 1766
  • Total Annual Exp: 34866
  • Total Annual Income: 60480
  • Total Monthly Income: 5070
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1977
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1977

Exterior Features

  • Exterior Building Type: Brick, Frame

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric, Separate Per Unit
  • Water Expense: 3167

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 754

Lot Info

  • Lot Sq Ft: 10060
  • Parcel Identification Number: 0615155001

Rental Info

  • Gross Rental Income: 60840
  • Tenant Pays: Heat

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 2117
  • Insurance Expense: 2189
  • Other Expenses: 1731

Tax Info

  • Taxes: 11985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jun 23, 2015
Sold by
Cdkr Properties Llc
Bought by
Avi Acquisitions Llc Series B
Seller's Agent
Heather Sullivan
REMAX All Pro - St Charles
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
List Price
$424,900
Sold Price
$395,000
Premium/Discount to List
-$29,900
-7.04%
Total Days on Market
73
Current Estimated Value
$698,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,108
Avg. Annual Appreciation
5.23%
Original Mortgage
$632,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Conley Ronald J and Stauffer Judy G
Bought by
Cdkr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Conley Ronald J and Stauffer Judy G
Bought by
Conley Ronald J and Stauffer Judy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1995
Sold by
Mehlis David L and Mehlis Marjie B
Bought by
Staufley Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
9.21%

Range of Values:

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Average Value
Not Available
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
Avi Acquisitions Llc Series B $790,000 Greater Metropolitan Title L
Cdkr Properties Llc $762,000 --
Conley Ronald J -- --
Staufley Partnership $270,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Avi Acquisitions Llc Series B $632,000
Previous Owner Cdkr Properties Llc $664,000
Previous Owner Staufley Partnership $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $395,000 -7.0% --
04/03/2015 04/03/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $424,900 -- --
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
2023 $15,071 $176,790 $32,168 $144,622
2022 $13,978 $161,202 $29,332 $131,870
2021 $13,446 $150,712 $27,423 $123,289
2020 $13,122 $143,877 $26,179 $117,698
2019 $12,800 $137,052 $24,937 $112,115
2018 $12,241 $123,810 $23,492 $100,318
2017 $12,807 $124,514 $23,625 $100,889
2016 $13,429 $125,916 $21,918 $103,998
2015 -- $115,414 $20,090 $95,324
2014 -- $113,989 $19,842 $94,147
2013 -- $117,666 $20,365 $97,301
Source: Public Records

Agents Affiliated with this Home

  • Heather Sullivan

    Seller's Agent in 2015

    Heather Sullivan

    REMAX All Pro - St Charles

    (630) 890-1869

    28 Total Sales

    Heather Sullivan
    Section Image

  • J

    Buyer's Agent in 2015

    Jayesh Parekh

    ARNI Realty Incorporated

    (847) 962-0239

    93 Total Sales

    Jayesh Parekh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08820547

Midwest Real Estate Data (MRED)

APN: 06-15-155-001

Illinois Kane County Elgin 60123 North Country Knolls

1663 Maple Ln, Elgin, IL

Homes for Sale in Elgin, IL

This home is located at 1663 Maple Ln, Elgin, IL 60123 since 20 January 2015 and is currently estimated at $698,108. This property was built in 1977. 1663 Maple Ln is a home located in Kane County with nearby schools including Hillcrest Elementary School, Kimball Middle School, and Larkin High School.

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