NOT LISTED FOR SALE

2226 Colorado Ave Unit 2 Elgin, IL 60123

Estimated Value: $242,000 - $255,000

2 Beds
1.5 Baths
1,220 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $175,000 $143 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,863/month

28 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • End Unit
  • Storage
  • Ceiling Fan

About This Home

As of July 2021

Beautiful townhome completely remodeled in last couple of years! There's nothing left to upgrade! Gorgeous hardwood floors installed throughout home on 1st and 2nd floor. Spacious living room with gas fireplace gives this the feel of "home." 3 floors of living with Rec room with new carpeting in the basement. Large Master Suite that will be bigger than you expect. Bathrooms updated as well. This is a show and sell. Note this is a self managed association and cannot go FHA

Last Agent to Sell the Property

Paul Chadwick

Baird & Warner Fox Valley - Geneva License #471002108 Listed on: 03/22/2021

Baird & Warner Fox Valley -  Geneva

Co-Listed By

Lisa Schutz

Baird & Warner Fox Valley - Geneva License #475168623

Last Buyer's Agent

Kim Alden

Compass License #475122036

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1992

HOA Fees

  • $110 Monthly HOA Fees

Parking

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

Home Design

  • Shake Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Kimball Middle School
  • Larkin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Sharon Buck Association, Phone Number (630) 414-0677
  • Valley Creek Subdivision

Pet Policy

  • Pets up to 100 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,679

Year Built

Built in 1992

Lot Details

0

HOA Fees

$110 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Valley Creek
  • Year Built: 1992
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Laundry Hook-Up in Unit, Storage
  • LivingArea: 1220
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 169900
  • Lot Features: Common Grounds
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 110
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Sharon Buck
  • Management Phone: 630-414-0677

Fee Information

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

Schools

  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 3679.08
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jul 16, 2021
Sold by
Kimberly Diciolla
Bought by
Illinois Housing Development Authority
Seller's Agent
Paul Chadwick
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Kim Alden
Compass
Sold Price
$175,000
Current Estimated Value
$249,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,592
Avg. Annual Appreciation
9.01%
Original Mortgage
$166,250
Outstanding Balance
$154,172
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$91,226

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 10, 2021
Sold by
Andreacchi Salvatore and Salsbury Amber
Bought by
Diciolla Kimberly
Seller's Agent
Paul Chadwick
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Kim Alden
Compass
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Outstanding Balance
$154,172
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$91,226

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 19, 2019
Sold by
Coleman Mark W and Coleman Okasan
Bought by
Salsbury Amber L and Andreacchi Salvatore
Seller's Agent
Paul Zabratanski
Hometown Real Estate
Buyer's Agent
Paul Chadwick
Baird & Warner Fox Valley - Geneva
List Price
$159,900
Sold Price
$142,500
Premium/Discount to List
-$17,400
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$114,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 11, 2012
Sold by
First Federal Savings Bank
Bought by
Coleman Mark W
Seller's Agent
Deirdre Wille
Century 21 New Heritage - Hampshire
Buyer's Agent
Deirdre Wille
Century 21 New Heritage - Hampshire
List Price
$105,000
Sold Price
$78,000
Premium/Discount to List
-$27,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$76,587
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2012
Sold by
Potenza Sandra J
Bought by
First Federal Savings Bank

Purchase Details

Closed on
Feb 10, 2005
Sold by
Chandran Mallela and Chandran Lydia
Bought by
Potenza Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,900
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1999
Sold by
Ahmed Syed
Bought by
Chandran Mallela and Chandran Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1995
Sold by
Bauer Brett A
Bought by
Ahmed Syed S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
7.25%
Source: Public Records

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Range of Values:

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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
Illinois Housing Development Authority -- None Listed On Document
Diciolla Kimberly $175,000 Chicago Title
Salsbury Amber L $142,500 Chicago Title Insurance Co
Coleman Mark W $78,000 None Available
First Federal Savings Bank -- Chicago Title Insurance Co
Potenza Sandra J $152,000 First American Title Ins Co
Chandran Mallela $108,000 --
Ahmed Syed S $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diciolla Kimbelry $166,250
Closed Illinois Housing Development Authority $166,250
Closed Diciolla Kimberly $5,000
Previous Owner Salsbury Amber L $114,000
Previous Owner Coleman Mark W $76,587
Previous Owner Potenza Sandra J $19,000
Previous Owner Potenza Sandra J $141,900
Previous Owner Chandran Mallela $104,760
Previous Owner Ahmed Syed S $90,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $175,000 +3.0% $143 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/19/2021 04/19/21 For Sale -- -- --
04/19/2021 04/19/21 For Sale $169,900 -2.9% $139 / Sq Ft
04/18/2021 04/18/21 Off Market $175,000 -- --
04/16/2021 04/16/21 For Sale $169,900 0.0% $139 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $169,900 0.0% $139 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $169,900 +19.2% $139 / Sq Ft
12/13/2019 12/13/19 Sold $142,500 0.0% $117 / Sq Ft
10/28/2019 10/28/19 Off Market $142,500 -- --
10/22/2019 10/22/19 Pending -- -- --
10/09/2019 10/09/19 Price Changed $149,900 -6.3% $123 / Sq Ft
09/19/2019 09/19/19 For Sale $159,900 +105.0% $131 / Sq Ft
08/08/2012 08/08/12 Sold $78,000 -6.0% $64 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
04/23/2012 04/23/12 Price Changed $83,000 -2.4% $68 / Sq Ft
03/15/2012 03/15/12 Price Changed $85,000 -10.5% $70 / Sq Ft
02/14/2012 02/14/12 Price Changed $95,000 -9.5% $78 / Sq Ft
01/05/2012 01/05/12 For Sale $105,000 -- $86 / 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: 11021814

Midwest Real Estate Data (MRED)

APN: 06-09-383-016