NOT LISTED FOR SALE

2044 Somerset Ln Unit 2044 Sycamore, IL 60178

Estimated Value: $360,000 - $389,000

2 Beds
2 Baths
1,736 Sq Ft
$187/mo HOA Fee

Last Sold January 15, 2019

Last sale price $288,500 $166 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,786/month

40 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Heated Sun or Florida Room
  • ENERGY STAR Certified Homes
  • Vaulted Ceiling
  • End Unit

About This Home

As of January 2019

All new condos are sold at Somerset Farm; but here is an opportunity to purchase a basement condo built in 2016 by Brian Grainger. Home is located on a unique site set back from street with large green area in front of the sunroom, a great view of the newly planted front park area with a white pergola. Very near the clubhouse with well-equipped exercise room, and large great room used for pot lucks, homeowner meetings, and all kinds of activities. This condo includes a gas fireplace with a thermostat for cozy winter days. These condos have both spray insulation and batting for low utility bills. Find great features like granite countertops, white cabinets, beautiful millwork throughout including 6 inch window sills, ground molding, crown molding, wainscoting in dining area and sunroom, layered millwork with in-direct lighting in master tray ceiling. Spacious two room master bath with a no-step shower, Corian seat, separate spa room with soaking tub.

Last Agent to Sell the Property

Linda Tillis

Willow Real Estate, Inc License #475080090 Listed on: 08/27/2018

Last Buyer's Agent

Linda Tillis

Willow Real Estate, Inc License #475080090 Listed on: 08/27/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,672

Year Built

  • Built in 2016

Lot Details

  • 2,439

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Ranch Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Den
  • Heated Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Accessible Home Design

  • Roll-in Shower
  • Grab Bar In Bathroom
  • Halls are 36 inches wide or more
  • Wheelchair Access
  • Accessibility Features
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • ENERGY STAR Certified Homes
  • Deck
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Bonnie Rogers Association, Phone Number (815) 757-4010
  • Somerset Farm Subdivision
  • Property managed by Somerset Farm

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,672

Year Built

Built in 2016

Lot Details

0

HOA Fees

$187 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Quad-Ranch
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Quad-Ranch
  • Subdivision Name: Somerset Farm
  • Year Built: 2016
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Accessibility Features: Hall Width 36 Inches or More, Entry Slope less than 1 foot, Bath Grab Bars, No Interior Steps, Roll-In Shower, Wheelchair Accessible
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
  • LivingArea: 1736
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Den, Heated Sun Room
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 294900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 187
  • Association Amenities: Exercise Room
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Somerset Farm
  • Management Contact Name: Bonnie Rogers
  • Management Phone: 815-757-4010
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 427

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Green Features

  • Green Building Verification Type: Energy Star Homes

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 7672.38
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Roberts Thomas B and Roberts Susan L
Bought by
Roberts Thomas B and Thomas B Roberts Trust
Current Estimated Value
$370,306

Purchase Details

Listed on
Aug 27, 2018
Closed on
Jan 15, 2019
Sold by
Foley William J and Foley William J
Bought by
Roberts Thomas B and Roberts Susan L
Seller's Agent
Linda Tillis
Willow Real Estate, Inc
Buyer's Agent
Linda Tillis
Willow Real Estate, Inc
List Price
$294,900
Sold Price
$288,500
Premium/Discount to List
-$6,400
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$138,500
Outstanding Balance
$122,259
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$248,047

Purchase Details

Listed on
Jun 10, 2016
Closed on
Nov 2, 2016
Sold by
Somerset Farm Sycamore Llc
Bought by
Foley Trust
Seller's Agent
Linda Tillis
Willow Real Estate, Inc
Buyer's Agent
Linda Tillis
Willow Real Estate, Inc
List Price
$229,900
Sold Price
$265,872
Premium/Discount to List
$35,972
15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Source: Public Records

Range of Values:

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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
Roberts Thomas B -- Attorney
Roberts Thomas B $288,500 Attorney
Foley Trust $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Thomas B $138,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2019 01/15/19 Sold $288,500 -2.2% $166 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $294,900 +10.9% $170 / Sq Ft
11/02/2016 11/02/16 Sold $265,872 +15.6% $153 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $229,900 -- $132 / 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 $7,623 $119,553 $5,961 $113,592
2023 $7,623 $96,354 $5,577 $90,777
2022 $8,294 $103,031 $5,323 $97,708
2021 $8,294 $98,097 $5,068 $93,029
2020 $8,108 $95,037 $4,910 $90,127
2019 $8,275 $91,049 $4,704 $86,345
2018 $7,936 $86,107 $4,449 $81,658
2017 $7,672 $81,976 $4,236 $77,740
2016 $3 $27 $27 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10064494

Midwest Real Estate Data (MRED)

APN: 09-08-126-052