$80,000
SOLD JUN 19, 2015

2242 Colorado Ave Unit 4 Elgin, IL 60123

2 Beds
1 Bath
-- Sq Ft
$100/mo HOA Fee

Recently Sold

10% Below List Price

72 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Property is near a bus stop
  • End Unit
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2015

2nd Story ranch has large MBR with huge walk-in closet, dressing area, tall windows & extra bath sink. Both bdrms have cathedral ceilings. Dining area - balcony overlooks extra-large yard. New Roof in 2010. Walk to shopping, medical & day care. Close to Metra & Sherman Hospital. All warranties are transferable for water heater, furnace, and air conditioner.

Last Agent to Sell the Property

Mike Campuzano

RE/MAX Suburban License #475098587 Listed on: 12/02/2014

RE/MAX Suburban

Last Buyer's Agent

Mike Campuzano

RE/MAX Suburban License #475098587 Listed on: 12/02/2014

RE/MAX Suburban

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,551

Year Built

  • 1989

Lot Details

  • End Unit
  • Southern Exposure

HOA Fees

  • $100 per month

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • Dual Sinks
  • Vaulted Ceiling
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Oven or Range

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,551

Year Built

1989

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X14, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X8, On Level: 2nd Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Balcony, Storms/Screens, End Unit
  • Exposure: S (South)

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

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

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 100
  • Management Contact Name: Annette
  • Management Phone: 847-610-0125

Fee Information

  • Management Company: Westwood Condominium Building #1

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: 0609383010

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 2076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Luigi Cosentino Living Trust and Cosentino Luigi
Bought by
George Vinayakumari
Current Estimated Value
$250,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,836
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$53,369

Purchase Details

Closed on
Jun 12, 2024
Sold by
Cosentino Luigi
Bought by
Luigi Cosentino Living Trust and Cosentino

Purchase Details

Closed on
Nov 9, 2023
Sold by
Property Partners Of Fox Valley Llc-2242
Bought by
Cosentino Luigi

Purchase Details

Listed on
Dec 2, 2014
Closed on
Aug 7, 2015
Sold by
Property Partners Of Fox Valley Llc
Bought by
Property Partners Of Fox Valley Llc
Seller's Agent
Mike Campuzano
RE/MAX Suburban
Buyer's Agent
Mike Campuzano
RE/MAX Suburban
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$147,200
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jun 12, 2015
Sold by
Mendoza Annette
Bought by
Property Partners Of Fox Valley Llc
Seller's Agent
Mike Campuzano
RE/MAX Suburban
Buyer's Agent
Mike Campuzano
RE/MAX Suburban
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2008
Sold by
Howie Denise J
Bought by
Mendoza Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Doyle Richard C
Bought by
Howie Denise J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.7%
Source: Public Records

Similar Home in Elgin, IL

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 Type Sale Price Title Company
Deed $252,500 None Listed On Document
Deed -- None Listed On Document
Warranty Deed $235,000 None Listed On Document
Quit Claim Deed -- Attorney
Warranty Deed $80,000 Citywide Title Corporation
Warranty Deed $150,000 Chicago Title Insurance Co
Warranty Deed $117,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $93,600 Commercial
Previous Owner $147,200 New Conventional
Previous Owner $135,200 New Conventional
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $6,500 Credit Line Revolving
Previous Owner $97,600 Unknown
Previous Owner $96,600 Unknown
Previous Owner $93,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2020 05/16/20 Rented $1,395 0.0% --
05/15/2020 05/15/20 Under Contract -- -- --
05/03/2020 05/03/20 For Rent $1,395 +11.6% --
10/02/2017 10/02/17 Rented $1,250 0.0% --
09/06/2017 09/06/17 For Rent $1,250 +2.0% --
08/22/2016 08/22/16 Rented $1,225 0.0% --
08/12/2016 08/12/16 Under Contract -- -- --
07/27/2016 07/27/16 For Rent $1,225 0.0% --
06/19/2015 06/19/15 Sold $80,000 -10.1% --
02/12/2015 02/12/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $89,000 0.0% --
02/05/2015 02/05/15 Pending -- -- --
01/06/2015 01/06/15 Price Changed $89,000 -10.1% --
12/17/2014 12/17/14 Price Changed $99,000 -9.2% --
12/02/2014 12/02/14 For Sale $109,000 -- --
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 $3,551 $52,376 $15,921 $36,455
2023 $1,788 $20,970 $14,383 $6,587
2022 $3,741 $43,145 $13,115 $30,030
2021 $3,599 $40,338 $12,262 $28,076
2020 $3,512 $38,509 $11,706 $26,803
2019 $3,426 $36,683 $11,151 $25,532
2018 $3,417 $34,558 $10,505 $24,053
2017 $3,360 $32,670 $9,931 $22,739
2016 $3,233 $30,309 $9,213 $21,096
2015 -- $27,781 $8,445 $19,336
2014 -- $25,702 $8,341 $17,361
2013 -- $26,380 $8,561 $17,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08795167

Midwest Real Estate Data (MRED)

APN: 06-09-383-010