NOT LISTED FOR SALE

2127 Colorado Ave Unit 3 Elgin, IL 60123

Estimated Value: $234,000 - $244,388

2 Beds
2 Baths
1,220 Sq Ft
$101/mo HOA Fee

Last Sold July 22, 2019

Last sale price $160,000 $131 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,800/month

7 Days on Market

Highlights

  • End Unit
  • Porch
  • Attached Garage
  • Walk-In Pantry
  • Galley Kitchen
  • Breakfast Bar

About This Home

As of July 2019

Multiple Offers have been received and Highest and Best is due by 7pm on Monday 6/17. Incredible opportunity to own this beautiful 2BR/1.5BA townhome with a finished basement! This unit is flooded with natural light & features many updates throughout. Updated eat-in kitchen opens up to the spacious dining and living area making it perfect for entertaining. Both bedrooms are spacious and the master bedroom has an additional vanity area off the master bath and tons of closet space. Large walk-in storage area in the basement as well as extra storage space in the garage! Low assessments, in-unit washer/dryer, garage parking spot & a tandem exterior spot behind the garage that can fit two more cars back to back! Large private backyard and a front patio. Close to Target and South Elgin shopping and restaurants as well as Algonquin Commons. Near Randall Oaks Zoo, downtown Elgin, Wing Park, and the riverwalk. Walking distance from parks, playgrounds, tennis courts, and a walking trail.

Last Listed By

Jack Berdan

John Berdan License #471017805 Listed on: 06/12/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,310

Year Built

  • 1988

Lot Details

  • End Unit
  • East or West Exposure

HOA Fees

  • $101 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Storage
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,310

Year Built

1988

Lot Details

0

HOA Fees

$101 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Interior Property Features: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 12X11, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space, Galley, Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1220
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X16, On Level: Lower, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch, Storms/Screens, End Unit
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 101
  • Management Contact Name: SELF MANAGEMENT
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: SELF MANAGEMENT

Schools

  • School District: 46
  • Elementary School: Creekside Elementary School
  • Middle School: Kimball Middle School
  • High School: Larkin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0609153024

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 3634.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 22, 2019
Sold by
Purcell Nathan J
Bought by
Deleon Ivan
Seller's Agent
Jack Berdan
John Berdan
Buyer's Agent
Leticia Lara
HomeSmart Connect LLC
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Total Days on Market
7
Current Estimated Value
$240,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,597
Avg. Annual Appreciation
7.07%
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2017
Sold by
Cartuas Financial Corporationb
Bought by
Purrcell Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2017
Sold by
Mcmahan Jonathan D and Mcmahan Jocelyn C
Bought by
Cartus Financial Corpotaion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Keating Thomas S
Bought by
Mcmahan Jonathan D and Mcmahan Jocelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,311
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2005
Sold by
Mazanee Daniel G and Mazanee Carmelyn A
Bought by
Keating Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1996
Sold by
Tovsen Scott K and Tovsen Lisa A
Bought by
Mazanec Daniel J and Mazanec Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.12%

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
Deleon Ivan $150,000 Citywide Title Corporation
Purrcell Nathan $187,500 Burnet Title
Cartus Financial Corpotaion $187,500 Burnet Title
Mcmahan Jonathan D $143,000 First American Title
Keating Thomas J $165,000 Professional National Title
Mazanec Daniel J $101,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Ivan $149,357
Closed Deleon Ivan $144,000
Previous Owner Purrcell Nathan $121,250
Previous Owner Cartus Financial Corpotaion $121,250
Previous Owner Mcmahan Jonathan D $140,311
Previous Owner Keating Thomas J $132,000
Previous Owner Keating Thomas J $16,500
Previous Owner Mazanec Daniel J $101,300
Previous Owner Mazanec Daniel J $17,500
Previous Owner Mazanec Daniel J $12,000
Previous Owner Mazanec Daniel J $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $160,000 +6.7% $131 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $149,900 -6.3% $123 / Sq Ft
06/14/2019 06/14/19 Off Market $160,000 -- --
06/12/2019 06/12/19 For Sale $149,900 -- $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
2023 $4,310 $58,555 $15,516 $43,039
2022 $4,109 $53,392 $14,148 $39,244
2021 $3,918 $49,917 $13,227 $36,690
2020 $3,799 $47,653 $12,627 $35,026
2019 $3,679 $45,392 $12,028 $33,364
2018 $3,635 $42,762 $11,331 $31,431
2017 $3,541 $40,426 $10,712 $29,714
2016 $3,360 $37,505 $9,938 $27,567
2015 -- $34,377 $9,109 $25,268
2014 -- $31,684 $8,997 $22,687
2013 -- $32,519 $9,234 $23,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10413335

Midwest Real Estate Data (MRED)

APN: 06-09-153-024