NOT LISTED FOR SALE

2422 Emily Ln Elgin, IL 60124

Estimated Value: $296,000 - $315,000

2 Beds
3 Baths
1,980 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $229,900 $116 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,307/month

5 Days on Market

Highlights

  • Formal Dining Room
  • South Elgin High School Rated A-
  • Attached Garage

About This Home

As of October 2021

Wonderful Townhouse surrounded by Otter Creek Forest Preserve and wetlands in The Reserve of Elgin. The home features 2 bedrooms + loft, 2.5 baths and 2 car garage. English basement has large family room. Upgraded kitchen has hardwood floors, access to main level laundry and rear deck. Easy access to Randall Road, shopping and approximately 6 miles to Metra and expressways. Students attend Otter Creek Elementary, Abbott Middle School and South Elgin High School all located within 3 miles. Investors can rent and the seller is open to lease/purchase or rent to own offers.

Last Agent to Sell the Property

Stephen Roake

Keller Williams Infinity License #471009781 Listed on: 09/22/2021

Keller Williams Infinity

Last Buyer's Agent

Vanessa Ceron

eXp Realty License #475184890

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,158

Year Built

  • 2005

Lot Details

  • 1,220

HOA Fees

  • $205 per month

Parking

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

Interior Spaces

  • Formal Dining Room
  • Finished Basement

Community Details

Overview

  • 6 Units
  • Association Phone (847) 459-1222
  • Property managed by Foster Premiere

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,158

Year Built

2005

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Townhouse-2 Story
  • Property Sub Type: Townhouse-2 Story
  • Age: 16-20 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
  • Directions: RANDALL ROAD WEST ON BOWES ON LEFT 1/4 MILE
  • Lot Size: 20.7X58.6X20.8X58.5
  • Master Model: FENWICK
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: The Reserve of Elgin
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full, English
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1626
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • Other Equipment: Humidifier, CO Detectors
  • Dining Room Type: Eating Area, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Storms/Screens
  • Exterior Building Type: Brick,Other
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Sewer-Storm
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premiere
  • Management Contact Name: n/a
  • Management Phone: 847-459-1222
  • Association Fee: 205
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK

Fee Information

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

Schools

  • Elementary School: Otter Creek Elementary School
  • High School: South Elgin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Abbott Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 4847.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 25, 2021
Sold by
Kalavaunta Sudhir and Kalavaunta Sweta
Bought by
Breslich Sheila D
Seller's Agent
Stephen Roake
Keller Williams Infinity
Buyer's Agent
Vanessa Ceron
eXp Realty
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$305,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,542
Avg. Annual Appreciation
7.78%
Original Mortgage
$183,920
Outstanding Balance
$167,731
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$137,711

Purchase Details

Closed on
Dec 29, 2005
Sold by
Pulte Homes
Bought by
Kalavagunta Sudhir and Kalavagunta Sweta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,532
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Breslich Sheila D $230,000 Old Republic Title
Kalavagunta Sudhir $213,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breslich Sheila D $183,920
Previous Owner Kalavagunta Sudhir P $103,000
Previous Owner Kalavagunta Sudhir $162,000
Previous Owner Kalavagunta Sudhir $177,000
Previous Owner Kalavagunta Sudhir $170,532
Previous Owner Kalavagunta Sudhir $31,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $229,900 0.0% $116 / Sq Ft
09/22/2021 09/22/21 For Sale $229,900 0.0% $116 / Sq Ft
07/31/2020 07/31/20 Rented $1,725 0.0% --
07/22/2020 07/22/20 Under Contract -- -- --
07/07/2020 07/07/20 For Rent $1,725 +9.5% --
02/01/2019 02/01/19 Rented $1,575 0.0% --
01/20/2019 01/20/19 Under Contract -- -- --
11/30/2018 11/30/18 Price Changed $1,575 -1.6% $1 / Sq Ft
10/17/2018 10/17/18 Price Changed $1,600 -1.5% $1 / Sq Ft
10/05/2018 10/05/18 For Rent $1,625 -- --
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 $5,158 $80,457 $19,287 $61,170
2023 $4,832 $72,686 $17,424 $55,262
2022 $5,227 $66,277 $15,888 $50,389
2021 $4,993 $61,964 $14,854 $47,110
2020 $4,848 $59,154 $14,180 $44,974
2019 $4,702 $56,348 $13,507 $42,841
2018 $5,010 $56,679 $12,724 $43,955
2017 $4,894 $53,582 $12,029 $41,553
2016 $4,662 $49,710 $11,160 $38,550
2015 -- $45,564 $10,229 $35,335
2014 -- $45,002 $10,103 $34,899
2013 -- $46,189 $10,369 $35,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226121

Midwest Real Estate Data (MRED)

APN: 06-29-476-137