NOT LISTED FOR SALE

2242 Derby Ln Belvidere, IL 61008

Estimated Value: $196,000 - $214,000

4 Beds
3 Baths
2,211 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $186,500 $84 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,633/month

2 Days on Market

Highlights

  • Deck
  • Great Room
  • Wet Bar
  • Vaulted Ceiling
  • Brick or Stone Mason
  • Walk-In Closet

About This Home

As of July 2024

You won't believe everything this condo has to offer! 4BR and 3BA condo with over 2,200sqft of living space! 2242 Derby Lane is an amazing second floor ranch condo with a FINISHED basement and an attached 2-car garage. Very progressive layout with a 2-story ceiling in the entry, exposed staircase to main level and to the lower level. Foyer window is south-facing and floods the area with sunshine. Vaulted ceilings throughout the main living area reaching heights of 11ft! Expansive living area at over 27' long encompasses the great room and dining area, complete with a gas fireplace and sliding door to balcony deck. Oak cabinets with 42" uppers, formica countertops, stainless appliances and 2 pantries! 3 bedrooms are located on the main level and the master suite is HUGE with 3 closets, 2 of which are massive oversized walk-ins, and its own private full bath. Super-convenient main floor laundry and utility room. Seller installed pull down attic access in the hallway and created an entirely separate storage room up there complete with decking and electric! The lower level was finished just a few years ago and contains one large space currently used as a rec room, but would make an amazing efficiency apartment, since it's got a wet bar, full bath, big closet and egress window - and it's all soundproofed with R19 insulation and 2 layers of drywall! NEW in the last 0-5 years: Pella windows and sliding door to balcony, finished the entire basement, radon system (preventive), main floor water heater, basement water heater, high-efficiency GFA furnace and central air! The professionally managed HOA replaced the roofing and some siding in summer of 2023. Dues are $247/month BUT INCLUDE the lawn irrigation, garbage service and recycling, snow removal, lawncare and condo insurance contribution for the exterior/HOA coverage. What a wonderful condo in an awesome location near shopping, interstate access, restaurants, schools and parks! This unit has been immaculately maintained. Seller is in process of moving out and packing up, so pardon the boxes.

Last Agent to Sell the Property

Ryan Petry

Keller Williams Realty Signature License #471022307 Listed on: 06/20/2024

Keller Williams Realty Signature

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 2007

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding
  • Active Radon Mitigation

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Driveway
  • Additional Parking

Outdoor Features

  • Deck

Schools

  • Meehan Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include lawn care, snow removal, garbage
  • The community has rules related to covenants

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,622

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

HOA Fees

$247 per month

Listing Details

  • Interior Amenities: Attic Storage, Bar-Wet, Ceiling Fan(s), Ceiling-Vaults/Cathedral, Radon Mitigation Active, Walk-In Closet, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: City/Town, Covenants, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Class: CONDO
  • Estimated Below Grade Finished Sq Ft: 602
  • Exemptions: Owner
  • Fee Includes: Lawn Care, Snow Removal, Garbage
  • General Features: Additional Parking, Deck, Great Room
  • Hoa Fee Frequency: Monthly
  • Legal Description: Logan Square Condo Unit 49 (2242 Derby Ln)
  • Lvt Date: 06/20/2024
  • Number of Lower Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 2
  • Stove Range Fuel: Gas
  • Style: Townhouse
  • Type: Condominium
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop
  • Agent Only_ Designated Managing Broker Y N: No
  • Agent Only_ L A1 User Code: 5165
  • Egress: Yes
  • Elementary School: Meehan Elementary
  • Estimated Total Finished Sq Ft: 2211
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: You won't believe everything this condo has to offer! 4BR and 3BA condo with over 2,200sqft of living space! 2242 Derby Lane is an amazing second floor ranch condo with a FINISHED basement and an attached 2-car garage. Very progressive layout with a 2-story ceiling in the entry, exposed staircase to main level and to the lower level. Foyer window is south-facing and floods the area with sunshine. Vaulted ceilings throughout the main living area reaching heights of 11ft! Expansive living area at over 27' long encompasses the great room and dining area, complete with a gas fireplace and sliding door to balcony deck. Oak cabinets with 42" uppers, formica countertops, stainless appliances and 2 pantries! 3 bedrooms are located on the main level and the master suite is HUGE with 3 closets, 2 of which are massive oversized walk-ins, and its own private full bath. Super-convenient main floor laundry and utility room. Seller installed pull down attic access in the hallway and created an entirely separate storage room up there complete with decking and electric! The lower level was finished just a few years ago and contains one large space currently used as a rec room, but would make an amazing efficiency apartment, since it's got a wet bar, full bath, big closet and egress window - and it's all soundproofed with R19 insulation and 2 layers of drywall! NEW in the last 0-5 years: Pella windows and sliding door to balcony, finished the entire basement, radon system (preventive), main floor water heater, basement water heater, high-efficiency GFA furnace and central air! The professionally managed HOA replaced the roofing and some siding in summer of 2023. Dues are $247/month BUT INCLUDE the lawn irrigation, garbage service and recycling, snow removal, lawncare and condo insurance contribution for the exterior/HOA coverage. What a wonderful condo in an awesome location near shopping, interstate access, restaurants, schools and parks! This unit has been immaculately maintained. Seller is in process of moving out and packing up, so pardon the boxes.
  • Estimated Above Grade Sq Ft: 1609
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15x14.6, On Level: Main
  • Fireplace Type: Gas
  • Basement: Finished
  • Bedroom 2: Dimensions: 11.8x10.3, On Level: Main
  • Bedroom 3: Dimensions: 11.2x11.1, On Level: Main
  • Bedroom 4: Dimensions: 10.10x14.7, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 10.3x15
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 17.7x9.3, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 17.3x15
  • Number Of Fireplaces: 1
  • Recreation Room: Yes, On Level: Lower, Dimensions: 14.10x14.7
  • Total Bathrooms: 3
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 247

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2023
  • Taxes: 3622

MLS Schools

  • HighSchool: Belvidere High
  • School District: Belvidere 100
  • Middle School: Belvidere South Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Nov 1, 2012
Bought by
Mccormick David E
Seller's Agent
Debbie Carlson
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Debbie Carlson
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$95,000
Sold Price
$94,400
Premium/Discount to List
-$600
-0.63%
Current Estimated Value
$203,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,183
Avg. Annual Appreciation
5.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccormick David E $94,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2024 07/25/24 Sold $186,500 +3.7% $84 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $179,900 +90.6% $81 / Sq Ft
10/31/2012 10/31/12 Sold $94,400 -0.6% $59 / Sq Ft View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $95,000 -- $59 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,928 $50,416 $2,083 $48,333
2023 $3,928 $44,000 $2,083 $41,917
2022 $3,287 $39,333 $2,083 $37,250
2021 $3,235 $38,666 $2,083 $36,583
2020 $2,924 $37,500 $2,083 $35,417
2019 $2,729 $35,000 $2,083 $32,917
2018 $2,849 $133,750 $100,833 $32,917
2017 $2,700 $34,195 $2,094 $32,101
2016 $2,723 $29,893 $2,083 $27,810
2015 $2,815 $29,893 $2,083 $27,810
2014 $4,484 $29,368 $2,083 $27,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202403130

NorthWest Illinois Alliance of REALTORS®

APN: 06-31-153-074

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