NOT LISTED FOR SALE

232 Water Lily Ln Elgin, IL 60124

Estimated Value: $448,000 - $483,372

3 Beds
3 Baths
2,407 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $282,000 $117 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,375/month

34 Days on Market

Highlights

  • Water Views
  • Pond
  • Loft
  • Howard B. Thomas Grade School Rated 9+
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of March 2018

***MOTIVATED SELLER*** Seller wants to SELL this home by Valentine's Day!!! This home is practically brand new - not a thing wrong with it. Great for first time buyer, move up from a smaller home, retiree - just waiting for a new FAMILY! If buyer qualifies for IHDA loan they can buy for about 2% down! Completed in July 2016, 2407 sq. feet of basically NEW home featuring hardwood floors in the foyer & kitchen, granite counter tops, new stainless steel appliances, 36" espresso kitchen cabinets, handy Butler Pantry, new W/D. The home sits on a .18 acre lot, one of the larger lots in West Point Gardens, and has a beautiful water front view of the neighborhood pond with fountain. Full Master Bedroom Bath, full basement already plumbed for a bathroom. Built as 3 bedroom but loft area already has a walk in closet and window and could easily become a 4th

Last Agent to Sell the Property

Keith Allen

HomeSmart Connect LLC License #475125446 Listed on: 01/05/2018

HomeSmart Connect LLC

Last Buyer's Agent

Maureen Hale

Midwest Real Estate, Inc. License #475128214

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,428

Year Built

  • 2016

Lot Details

  • 7,841

HOA Fees

  • $30 per month

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Loft
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Outdoor Features

  • Pond

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,428

Year Built

2016

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: 1-5 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 2016
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Equipment: TV-Cable, Security System, Sump Pump
  • Basement: Full
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X9, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X15, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Loft, Pantry, Walk In Closet
  • Master Bedroom: Dimensions: 19X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Pantry, Dimensions: 8X3, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Walk in Closet, Dimensions: 7X5, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2407
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Acreage: 0.18

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Includes: Common Insurance, Snow Removal
  • Assessment Association Fees: 357

Schools

  • School District: 301
  • Elementary School: HOWARD B THOMAS GRADE SCHOOL
  • Middle School: PRAIRIE KNOLLS MIDDLE SCHOOL
  • High School: CENTRAL HIGH SCHOOL
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 60X125
  • Lot Description: Pond, Water View
  • Parcel Identification Number: 0618182013

Tax Info

  • Taxes: 3353.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 13, 2018
Sold by
Karur Srinivasa
Bought by
Schraag Terrance and Schraag Krista
Seller's Agent
Keith Allen
HomeSmart Connect LLC
Buyer's Agent
Maureen Hale
Midwest Real Estate, Inc.
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%
Current Estimated Value
$465,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,343
Avg. Annual Appreciation
6.84%
Original Mortgage
$253,800
Outstanding Balance
$219,357
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$245,986

Purchase Details

Closed on
Jul 29, 2016
Sold by
West Point Gardens Single Family Homes L
Bought by
Karur Srinivasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,361
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Nesler & Lake Lots Llc
Bought by
Koplin West Point Llc
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
Schraag Terrance $282,000 Fidelity National Title
Karur Srinivasa $282,000 Chicago Title Ins Co
West Point Gardens Single Family Homes L $27,000 Chicago Title Insurance Co
Koplin West Point Llc $1,000,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schraag Terrance $253,800
Previous Owner Karur Srinivasa $253,361
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $282,000 -1.7% $117 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $287,000 -0.7% $119 / Sq Ft
01/05/2018 01/05/18 For Sale $289,000 -- $120 / 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 $10,428 $126,753 $39,827 $86,926
2023 $9,991 $114,512 $35,981 $78,531
2022 $9,347 $104,415 $32,808 $71,607
2021 $9,034 $97,620 $30,673 $66,947
2020 $8,769 $93,193 $29,282 $63,911
2019 $8,500 $88,772 $27,893 $60,879
2018 $9,241 $94,233 $26,277 $67,956
2017 $8,894 $89,084 $24,841 $64,243
2016 $3,353 $31,569 $8,933 $22,636
2015 -- $8,188 $8,188 $0
2014 -- $8,087 $8,087 $0
2013 -- $4,444 $4,444 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09826950

Midwest Real Estate Data (MRED)

APN: 06-18-182-013