NOT LISTED FOR SALE

2462 Emily Ln Elgin, IL 60124

Estimated Value: $298,000 - $304,000

2 Beds
2.5 Baths
-- Sq Ft
0.28 Acres

Last Sold July 27, 2016

Last sale price $168,500

Est. 78% increase in value since last sale

Current estimated payment $2,123/month

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Balcony
  • South Elgin High School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2024

Discover your ideal abode in this charming tri-level townhouse that boasts 2 bedrooms, 2.5 bathrooms, with a loft on the second level. Perfectly situated within walking distance to shopping, convenience is at your doorstep. Enjoy modern living with an open floor plan, a well-equipped kitchen, and in-unit washer and dryer. Retreat to the cozy bedrooms, including a master with ensuite. Plus, the loft offers versatile space for your needs, whether it's a home office or an area for kids to play. The english basement boasts a spacious recreation/family area, adding even more flexibility to the living space. With a two-car garage, storage and parking are a breeze. Make this your home sweet home today! Schedule a showing and experience the perfect blend of comfort and convenience.

Last Agent to Rent the Property

Kevin Ramirez

The Agency X License #475193465 Listed on: 05/25/2024

The Agency X

Last Renter's Agent

Cody Salter

Great Western Properties License #471004276

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 2009

Lot Details

  • 0.28

Parking

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

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family or Dining Combination
  • Recreation Room
  • Loft
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Home Security

Outdoor Features

  • Balcony

Schools

  • Otter Creek Elementary School
  • Abbott Middle School
  • South Elgin High School

Utilities

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

Listing and Financial Details

  • Security Deposit $3,450
  • Property Available on 5/24/24
  • Rent includes parking, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Recreation

  • Park

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • The Reserve Of Elgin Subdivision
  • Common Area
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,439

Year Built

Built in 2009

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-05-24
  • Lease Term: 12 Months
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2300
  • Security Deposit: 3450
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub-Type: Attached
  • Subdivision Name: The Reserve of Elgin
  • Year Built: 2009
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer, Loft, Recreation Room, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2300
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Park
  • Rent Includes: Parking, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Otter Creek Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Abbott Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Jul 18, 2016
Sold by
Gartley Kevin R and Gartley Lisa
Bought by
Patel Hiren and Patel Hitlen
Seller's Agent
Caroline Starr
@properties Christie's International Real Estate
Buyer's Agent
Caroline Starr
@properties Christie's International Real Estate
Sold Price
$1,600
Current Estimated Value
$299,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,336
Avg. Annual Appreciation
6.44%
Original Mortgage
$126,375
Outstanding Balance
$102,604
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$197,332

Purchase Details

Closed on
Sep 15, 2005
Sold by
Pulte Homes
Bought by
Gartley Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,950
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Patel Hiren $168,500 Chicago Title
Gartley Kevin R $245,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hiren $126,375
Previous Owner Gartley Kevin R $195,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2024 06/01/24 Rented $2,300 0.0% --
05/25/2024 05/25/24 For Rent $2,300 +29.6% --
10/15/2020 10/15/20 Rented $1,775 0.0% --
09/28/2020 09/28/20 For Rent $1,775 +2.9% --
10/01/2018 10/01/18 Rented $1,725 0.0% --
09/17/2018 09/17/18 For Rent $1,725 +7.8% --
09/09/2017 09/09/17 Rented $1,600 0.0% --
09/01/2016 09/01/16 Rented $1,600 0.0% --
08/11/2016 08/11/16 Price Changed $1,600 -5.9% --
07/29/2016 07/29/16 For Rent $1,700 0.0% --
07/27/2016 07/27/16 Sold $168,500 -3.7% -- View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $174,900 -- --
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 $6,439 $80,457 $19,287 $61,170
2023 $6,196 $72,686 $17,424 $55,262
2022 $5,747 $66,277 $15,888 $50,389
2021 $5,528 $61,964 $14,854 $47,110
2020 $5,395 $59,154 $14,180 $44,974
2019 $5,263 $56,348 $13,507 $42,841
2018 $5,604 $56,679 $12,724 $43,955
2017 $5,511 $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: 12065887

Midwest Real Estate Data (MRED)

APN: 06-29-476-097