NOT LISTED FOR SALE

2480 Otter Creek Ln Elgin, IL 60124

Estimated Value: $435,000 - $464,688

5 Beds
2.5 Baths
2,600 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $380,000 $146 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,288/month

9 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Vaulted Ceiling
  • Howard B. Thomas Grade School Rated 9+
  • Deck
  • Backs to Open Ground

About This Home

As of June 2022

Here is what you have been waiting for. 4 bedrooms plus a loft and a 1st floor bedroom/office, 2.5 bath and a basement. This is on a cul-de-sac and the home has no through traffic and backs to open space so the privacy is great. Large lot and the POOL stays!! water heater 2018, air cond 2018, furnace 2016, radon mitigation already installed a home warranty will be offered if inspection is waived. No carpet in house all new flooring, all appliances only 2 yrs old, all new light switches, new built in bar in family room with beautiful fireplace, freezer in basement stays, roof only 10 yrs old, Oh and did I mention the 301 highly sought after school district. We will have an New pix coming by Tuesday, Call Dina House for a showing , need 2hr min notice (kids and dogs to take out) You will love it , so much room.

Last Agent to Sell the Property

Dina House

Brokerocity Inc License #475160629 Listed on: 05/09/2022

Last Buyer's Agent

Khin Latt

HomeSmart Connect LLC License #475195700

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,800

Year Built

  • Built in 1992

Lot Details

  • 10,049 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Backs to Open Ground
  • Cul-De-Sac
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Backs to Trees or Woods

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Schools

  • Howard B Thomas Grade Elementary School
  • Prairie Knolls Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

  • Woodbridge Subdivision, Breckenridge Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,800

Year Built

Built in 1992

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Woodbridge
  • Year Built: 1992
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry
  • LivingArea: 2600
  • Room Type: Bedroom 5, Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Above Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 374900
  • Lot Features: Cul-De-Sac, Fenced Yard, Backs to Open Grnd, Backs to Trees/Woods
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Community Features: Curbs, Sidewalks, Street Paved
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Howard B Thomas Grade School
  • High School: Central High School
  • Middle/Junior School: Prairie Knolls Middle School
  • Middle/Junior School District: 301

Lot Info

  • Lot Size Acres: 0.2307
  • Lot Dimensions: 75X134
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 9800
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 28, 2022
Sold by
Conklin Nick A and Conklin Dawn M
Bought by
Wai Kyaw San and Latt Khin
Seller's Agent
Dina House
Brokerocity Inc
Buyer's Agent
Khin Latt
HomeSmart Connect LLC
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Total Days on Market
9
Current Estimated Value
$448,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,172
Avg. Annual Appreciation
5.73%
Original Mortgage
$304,000
Outstanding Balance
$292,682
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$155,490

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 13, 2018
Sold by
Riess Michael W and Riess Lorie A
Bought by
Conklin Nick A and Conklin Dawn M
Seller's Agent
Debora McKay
Coldwell Banker Realty
Buyer's Agent
Brad Childers
Charles Rutenberg Realty of IL
List Price
$274,900
Sold Price
$267,250
Premium/Discount to List
-$7,650
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Mar 23, 2004
Sold by
Green Allison H and Green Karen L
Bought by
Riess Michael W and Riess Lorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,200
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Wai Kyaw San $380,000 Law Offices Of Tracey K Annen
Conklin Nick A $267,500 Chicago Title Inc Co
Riess Michael W $275,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wai Kyaw San $304,000
Previous Owner Riess Michael W $190,250
Previous Owner Riess Michael W $38,000
Previous Owner Riess Michael W $220,200
Previous Owner Green Allison H $50,000
Previous Owner Green Allison H $91,664
Closed Riess Michael W $17,000
Closed Conklin Nick A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $380,000 +1.4% $146 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $374,900 -2.6% $144 / Sq Ft
05/09/2022 05/09/22 For Sale $385,000 +44.1% $148 / Sq Ft
03/13/2018 03/13/18 Sold $267,250 -2.8% $103 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $274,900 -- $106 / 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
2023 $10,725 $122,338 $25,582 $96,756
2022 $10,112 $111,551 $23,326 $88,225
2021 $9,777 $104,292 $21,808 $82,484
2020 $9,492 $99,563 $20,819 $78,744
2019 $9,203 $94,840 $19,831 $75,009
2018 $8,730 $89,345 $18,682 $70,663
2017 $8,400 $84,463 $17,661 $66,802
2016 $8,365 $78,359 $16,385 $61,974
2015 -- $71,823 $15,018 $56,805
2014 -- $69,091 $14,833 $54,258
2013 -- $70,913 $15,224 $55,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11397767

Midwest Real Estate Data (MRED)

APN: 06-21-301-006