NOT LISTED FOR SALE

2216 Colorado Ave Unit 3 Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $258,000 - $281,000

3 Beds
3 Baths
1,220 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $265,000 $217 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,963/month

About This Home

Located with easy access to Randall Rd, I-90, Big Timber and Route 20. Relax in your spacious living room in front of a cozy fireplace or enjoy nature on your deck. This 3 bedroom 2.5 bath town home offers 2 bedrooms on the upper level and a 3rd bedroom in the finished basement which also has a full bathroom and a spacious recreation room. This property is being offered "as is". This property has a radon mitigation system.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 20, 2024
Sold by
Estanislao Sandra Janet and Luna Martha Marquez
Bought by
Rico Israel and Enriquez Vanessa Vega
Seller's Agent
Patti Besler
Caliber Realty Solutions
Buyer's Agent
Ruben Acevedo
Global Ruben's Team Realty
List Price
$265,000
Sold Price
$265,000
Views
12
Current Estimated Value
$273,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,322
Avg. Annual Appreciation
2.90%
Original Mortgage
$257,050
Outstanding Balance
$254,989
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$18,333

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 19, 2020
Sold by
Mchugh Cory E
Bought by
Estanislao Sandra Janet
Seller's Agent
William Grant
Five Star Realty, Inc
Buyer's Agent
Rod Misas
RE/MAX Suburban
List Price
$163,000
Sold Price
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$154,850
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1997
Sold by
Ramirez Beatriz E and Ramirez Luz
Bought by
Mchugh Cory E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,100
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1995
Sold by
Gray David L and Gray Amy
Bought by
Ramirez Beatriz E and Ramirez Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,350
Interest Rate
7.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rico Israel $265,000 None Listed On Document
Rico Israel $265,000 None Listed On Document
Estanislao Sandra Janet $163,000 Attorneys Ttl Guaranty Fund
Mchugh Cory E $72,000 --
Ramirez Beatriz E $100,500 Law Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rico Israel $257,050
Closed Rico Israel $257,050
Previous Owner Estanislao Sandra Janet $154,850
Previous Owner Mchugh Cory E $104,100
Previous Owner Ramirez Beatriz E $75,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2024 11/20/24 Sold $265,000 0.0% $217 / Sq Ft View Prior Sale
10/10/2024 10/10/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $265,000 +62.6% $217 / Sq Ft
09/22/2020 09/22/20 Sold $163,000 0.0% $134 / Sq Ft View Prior Sale
08/11/2020 08/11/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $163,000 0.0% $134 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $163,000 -- $134 / Sq Ft

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 $4,500 $64,224 $17,175 $47,049
2023 $4,264 $58,021 $15,516 $42,505
2022 $4,067 $52,905 $14,148 $38,757
2021 $3,878 $49,462 $13,227 $36,235
2020 $3,759 $47,219 $12,627 $34,592
2019 $3,641 $44,979 $12,028 $32,951
2018 $3,596 $42,373 $11,331 $31,042
2017 $3,503 $40,058 $10,712 $29,346
2016 $3,324 $37,163 $9,938 $27,225
2015 -- $34,063 $9,109 $24,954
2014 -- $31,402 $8,997 $22,405
2013 -- $32,230 $9,234 $22,996
Source: Public Records

Agents Affiliated with this Home

  • Patti Besler

    Seller's Agent in 2024

    Patti Besler

    Caliber Realty Solutions

    (847) 917-9292

    1 in this area

    55 Total Sales

    Patti Besler
    Section Image
  • Ruben Acevedo

    Buyer's Agent in 2024

    Ruben Acevedo

    Global Ruben's Team Realty

    (847) 836-6300

    2 in this area

    163 Total Sales

    Ruben Acevedo
    Section Image
  • William Grant

    Seller's Agent in 2020

    William Grant

    Five Star Realty, Inc

    (847) 757-4662

    1 in this area

    71 Total Sales

    William Grant
    Section Image
  • Rod Misas

    Buyer's Agent in 2020

    Rod Misas

    RE/MAX Suburban

    (847) 877-1636

    18 Total Sales

    Rod Misas
    Section Image
See All Agents

Map

Illinois Kane County Elgin 60123 Far West Elgin

2216 Colorado Ave Unit 3, Elgin, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes