NOT LISTED FOR SALE

2220 Cottonwood Dr Elgin, IL 60123

Estimated Value: $421,260 - $445,000

4 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold March 21, 2014

Last sale price $234,900

Est. 85% increase in value since last sale

Current estimated payment $3,157/month

39 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Den
  • South Elgin High School Rated A-
  • Traditional Architecture
  • Fenced Yard

About This Home

As of March 2014

This home is located at 2220 Cottonwood Dr, Elgin, IL 60123 since 13 January 2014 and is currently estimated at $434,565. This property was built in 1997. 2220 Cottonwood Dr is a home located in Kane County with nearby schools including Fox Meadow Elementary School, Kenyon Woods Middle School, and South Elgin High School.

Last Agent to Sell the Property

Scott Berg

Berg Properties License #475110440 Listed on: 01/13/2014

Last Buyer's Agent

Iwona Jankowska

HomeSmart Connect LLC License #475129231

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,430

Year Built

  • 1997

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $8 per month

Parking

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

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Den
  • Recreation Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

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

Additional Features

  • North or South Exposure
  • Property is near a bus stop

Listing and Financial Details

  • $4,698 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,430

Year Built

1997

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2.2
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Interior Property Features: 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Equipment: TV-Cable, Ceiling Fan, Radon Mitigation System(s)
  • Attic: Pull Down Stair
  • Basement: Partial
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Island
  • Additional Rooms: Den, Foyer, Recreation Room
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 25X30, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Foyer, Dimensions: 10X6, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding
  • Exterior Property Features: Patio, Porch
  • Exposure: N (North), S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 100
  • Management Contact Name: Self-Managed
  • Management Phone: 312-493-6605

Fee Information

  • Management Company: Self-Managed

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 63X154X97X35X161
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 0633203017

Tax Info

  • Taxes: 6154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 20, 2014
Sold by
Renovation Group Llc
Bought by
Gaw Jennalene
Seller's Agent
Scott Berg
Berg Properties
Buyer's Agent
Iwona Jankowska
HomeSmart Connect LLC
List Price
$259,000
Sold Price
$234,900
Premium/Discount to List
-$24,100
-9.31%
Current Estimated Value
$434,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,665
Avg. Annual Appreciation
5.64%
Original Mortgage
$230,644
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2013
Sold by
Drexler Amy L and Sovereign Bank Na
Bought by
Renovation Group Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Brancato James A and Brancato Cathy
Bought by
Drexler Randy W and Drexler Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Brancato James A and Brancato Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.32%
Source: Public Records

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
Gaw Jennalene $235,000 Stewart Title
Renovation Group Llc $171,000 None Available
Drexler Randy W $310,000 None Available
Brancato James A $180,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaw Jennalene $212,000
Closed Gaw Jennalene $230,684
Closed Gaw Jennalene $230,644
Previous Owner Drexler Randy W $279,000
Previous Owner Brancato Jim A $136,000
Previous Owner Brancato James A $136,000
Previous Owner Brancato James A $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $234,900 0.0% --
03/21/2014 03/21/14 Off Market $234,900 -- --
02/21/2014 02/21/14 Pending -- -- --
02/12/2014 02/12/14 Price Changed $254,900 0.0% --
02/06/2014 02/06/14 Price Changed $255,000 -1.2% --
01/30/2014 01/30/14 Price Changed $258,000 -0.4% --
01/13/2014 01/13/14 For Sale $259,000 -- --
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 $9,430 $125,828 $28,317 $97,511
2023 $9,008 $113,676 $25,582 $88,094
2022 $8,468 $103,652 $23,326 $80,326
2021 $8,110 $96,907 $21,808 $75,099
2020 $7,890 $92,513 $20,819 $71,694
2019 $7,670 $88,124 $19,831 $68,293
2018 $7,614 $83,018 $18,682 $64,336
2017 $7,455 $78,482 $17,661 $60,821
2016 $7,125 $72,810 $16,385 $56,425
2015 -- $66,737 $15,018 $51,719
2014 -- $59,729 $14,833 $44,896
2013 -- $61,304 $15,224 $46,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08516439

Midwest Real Estate Data (MRED)

APN: 06-33-203-017