NOT LISTED FOR SALE

Estimated Value: $460,240 - $570,000

3 Beds
2 Baths
2,114 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $323,000 $153 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,239/month

101 Days on Market

Highlights

  • Horses Allowed On Property
  • Farmhouse Style Home
  • Heated Enclosed Porch
  • Howard B. Thomas Grade School Rated 9+
  • Corner Lot
  • Den

About This Home

As of January 2019

This property is located in the path of development. The Ponds of Stony Creek is currently being developed by CalAtlantic Homes. They are building 504 single family homes about 1/2 mile east of this property on the south side of McDonald Road. Note: This property will be vacant on 9/1/2018. The value here is in the land. The house is livable but needs work. Great Price!!! Farmhouse on 5.39 acres zoned PAB (Planned Area Business) in the City of Elgin. This would be a great long term investment. Also perfect for animal lover. 3.5 acres are farmed. Great schools in Burlington Central 301 District. Note: This property has a new well and a new multiflow septic system.

Last Agent to Sell the Property

James Coleman

Coleman Land Company License #471004856 Listed on: 07/07/2018

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,636

Lot Details

  • Southern Exposure
  • Corner Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Den
  • Heated Enclosed Porch

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • Parking Available
  • Gravel Driveway
  • Parking Included in Price

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank
  • Mechanical Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,636

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Farmhouse
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 23X20, On Level: Main Level
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 18X12, On Level: Main Level
  • Kitchen Type: Dimensions: 23X12, On Level: Main Level
  • Additional Rooms: Den, Enclosed Porch Heated
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Enclosed Porch Heated, Dimensions: 25X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level
  • Estimated Sq Ft: 2114

Exterior Features

  • Foundation: Stone
  • Lot Size: 5.0-5.99 Acres
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: S (South)
  • Acreage: 5.39

Garage/Parking

  • Number of Cars: 5
  • Parking: Space/s
  • Number Parking Spaces: 5
  • Parking On Site: Yes
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Water: Well-Private
  • Sewer: Septic-Mechanical, Septic-Private
  • Heating Fuel: Propane, Forced Air

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 383X515X386X415
  • Lot Description: Corner, Horses Allowed
  • Parcel Identification Number: 0535300023

Tax Info

  • Taxes: 6965.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Hinkleman Jeffrey A and Hinkleman Lori A
Bought by
Hinkleman Llc
Current Estimated Value
$510,560

Purchase Details

Listed on
Jul 7, 2018
Closed on
Dec 28, 2018
Sold by
Capitani Dino A
Bought by
Hinkleman Jeffrey A and Hinkleman Lori A
Seller's Agent
James Coleman
Coleman Land Company
Buyer's Agent
Non Member
NON MEMBER
List Price
$359,900
Sold Price
$323,000
Premium/Discount to List
-$36,900
-10.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$258,400
Outstanding Balance
$229,520
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$281,040

Purchase Details

Closed on
May 10, 2005
Sold by
Shanley James H and Shanley Bridget
Bought by
Capitani Dino A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1995
Sold by
Truran Robert G and Truran Deanna R
Bought by
Shanley James H and Shanley Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
7.44%
Source: Public Records

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
Hinkleman Llc -- Attorney
Hinkleman Jeffrey A $323,000 Attorney
Capitani Dino A $475,000 Chicago Title Insurance Comp
Shanley James H $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinkleman Jeffrey A $258,400
Previous Owner Capitani Dino A $360,000
Previous Owner Shanley James H $197,600
Closed Capitani Dino A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $323,000 +21433.3% $153 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/21/2018 09/21/18 Rented $1,500 0.0% --
09/13/2018 09/13/18 Under Contract -- -- --
09/08/2018 09/08/18 Price Changed $1,500 -11.8% $1 / Sq Ft
08/28/2018 08/28/18 For Rent $1,700 0.0% --
07/07/2018 07/07/18 For Sale $359,900 0.0% $170 / Sq Ft
06/03/2017 06/03/17 Rented $1,500 0.0% --
05/23/2017 05/23/17 Under Contract -- -- --
05/19/2017 05/19/17 Price Changed $1,500 -11.8% $1 / Sq Ft
05/10/2017 05/10/17 For Rent $1,700 -- --
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 $6,636 $86,238 $29,144 $57,094
2023 $6,369 $77,983 $26,338 $51,645
2022 $6,290 $73,510 $24,324 $49,186
2021 $6,303 $70,920 $23,402 $47,518
2020 $6,289 $69,538 $22,874 $46,664
2019 $6,331 $68,537 $22,476 $46,061
2018 $6,885 $67,430 $21,369 $46,061
2017 $6,966 $66,812 $20,751 $46,061
2016 $6,675 $65,156 $20,188 $44,968
2015 -- $65,078 $20,110 $44,968
2014 -- $73,059 $20,055 $53,004
2013 -- $74,266 $20,356 $53,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10009367

Midwest Real Estate Data (MRED)

APN: 05-35-300-023