NOT LISTED FOR SALE

2221 Colorado Ave Unit 3 Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $240,000 - $257,000

2 Beds
2 Baths
1,220 Sq Ft
$100/mo HOA Fee

Last Sold July 20, 2013

Last sale price $100,000 $82 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,803/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Central Air
  • Walk-In Pantry
  • Property is near a bus stop

About This Home

As of July 2013

Wonderful 2 bedroom townhome in a great location. Backs to single family and close to I 90 and train. Large deck for entertaining, full finished basement, huge master bedroom and attached garage. Not a short sale!

Last Agent to Sell the Property

Teresa Stultz

Premier Living Properties License #475137186 Listed on: 06/09/2013

Co-Listed By

Steven Stultz

Premier Living Properties License #475137190

Last Buyer's Agent

Richard Gerber

RE/MAX Suburban License #471018517

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Year Built

  • 1988

HOA Fees

  • $100 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Vinyl Siding

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Deck
  • Property is near a bus stop

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1988

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Type Attached: Condo
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1.1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1220
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X20, On Level: Lower, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 100
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Fee Information

  • Management Company: Carriage Homes of Westwood

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2013
Closed on
Jul 19, 2013
Sold by
Krafl Patricia L and Eastmond Patricia L
Bought by
Stoll Richard A
Seller's Agent
Teresa Stultz
Premier Living Properties
Buyer's Agent
Richard Gerber
RE/MAX Suburban
List Price
$99,800
Sold Price
$100,000
Premium/Discount to List
$200
0.2%
Current Estimated Value
$251,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,719
Avg. Annual Appreciation
7.74%
Original Mortgage
$75,000
Outstanding Balance
$54,513
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$197,206

Purchase Details

Closed on
Feb 13, 2004
Sold by
Schweizer Patricia L
Bought by
Krafl Patricia L

Purchase Details

Closed on
Aug 15, 2003
Sold by
Schroeder Scott
Bought by
Schweizer Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
5.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 27, 2003
Sold by
Ferina Candace H
Bought by
Schroeder Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
5.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 30, 1998
Sold by
Heifetz Scott T and Heifetz Heidi L
Bought by
Ferina Candace H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stoll Richard A $100,000 Chicago Title Insurance Comp
Krafl Patricia L -- Chicago Title Insurance Comp
Schweizer Patricia L $157,500 Chicago Title Insurance Co
Schroeder Scott -- Chicago Title Insurance Co
Ferina Candace H $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoll Richard A $75,000
Previous Owner Schweizer Patricia L $125,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2013 07/20/13 Sold $100,000 +0.2% $82 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/09/2013 06/09/13 For Sale $99,800 -- $82 / 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 $4,547 $64,815 $17,175 $47,640
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: MRD08364492

Midwest Real Estate Data (MRED)

APN: 06-09-379-065