NOT LISTED FOR SALE

2499 Hayloft Ln Elgin, IL 60124

Estimated Value: $449,000 - $471,000

4 Beds
2.5 Baths
2,599 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $415,000 $160 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,512/month

1 Day on Market

Highlights

  • Heated Floors
  • Property is near a park
  • Vaulted Ceiling
  • Howard B. Thomas Grade School Rated 9+
  • Double Shower
  • Corner Lot

About This Home

As of November 2022

This gorgeous 4 bedroom, 2.5 bath home is completely updated and great for entertaining! Sellers have made many updates since the last sale... the remodeled open floor plan features a professionally designed eat-in kitchen with 100 inch granite island, granite countertops, custom cabinetry, high end stainless steel appliances including 5 burner Thermador cook top with downdraft, and walk-in pantry. The gracious living room and separate formal dining room are both flooded with natural light. Completing the smartly designed main level is a comfortable family room with all brick fireplace, private office with vaulted ceilings, and a built in wet-bar. The idyllic open concept lay out flows seamlessly from the interior out to the huge brick paver terrace, which opens to the expansive, professionally landscaped, fully fenced in backyard. Beautiful primary suite has double granite vanities, walk-in glass shower, separate soaking tub, and two walk-in closets. Additional upgrades include new AC and newer dual water tanks. This home has been meticulously maintained and is completely move in ready!

Last Agent to Sell the Property

Margaret Mulrenin

Town Realty Chicago License #471020953 Listed on: 09/26/2022

Co-Listed By

Matthew McGinnis

Town Realty Chicago License #475186496

Last Buyer's Agent

Marta Owca

Chicagoland Brokers Inc. License #475133344

Chicagoland Brokers Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,191

Year Built

  • Built in 1991 | Remodeled in 2015

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,599 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Includes Fireplace Accessories
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Separate Shower

Laundry

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Prairie View Grade Elementary School
  • Prairie Knolls Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Shared Septic

Community Details

  • Preferred Management Maintenanc Association, Phone Number (847) 695-6400
  • Woodbridge North Subdivision
  • Property managed by Preferred Management Maintenance

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,191

Year Built

Built in 1991 | Remodeled in 2015

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 w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Woodbridge North
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Built-In Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen, Gas Starter, Includes Accessories
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Heated Floors, First Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2599
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: Office, Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Crawl
  • Bathroom Amenities: Separate Shower,Double Sink,Double Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair,Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 424900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Preferred Management Maintenance
  • Management Contact Name: Preferred Management Maintenanc
  • Management Phone: 847-695-6400X204
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Prairie View Grade School
  • High School: Central High School
  • Middle/Junior School: Prairie Knolls Middle School
  • Middle/Junior School District: 301
  • Junior High/Middle School #2: Central Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3099
  • Lot Dimensions: 13504
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10191.24
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Oct 21, 2022
Sold by
Rogers Christopher and Rogers Laurie A
Bought by
Oshoffa Benjamin Olawale
Seller's Agent
Margaret Mulrenin
Town Realty Chicago
Buyer's Agent
Marta Owca
Chicagoland Brokers Inc.
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Total Days on Market
1
Views
16
Current Estimated Value
$458,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,982
Avg. Annual Appreciation
3.93%
Original Mortgage
$407,483
Outstanding Balance
$396,137
Interest Rate
6.59%
Mortgage Type
FHA
Estimated Equity
$62,845

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 20, 2021
Sold by
Rodgers Christopher and Rodgers Laurie A
Bought by
Corrado Robert and Corrado Jennifer Ann
Seller's Agent
Jacqueline Colando
Redfin Corporation
Buyer's Agent
Joseph Lozano
eXp Realty, LLC
List Price
$384,900
Sold Price
$388,000
Premium/Discount to List
$3,100
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$375,050
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1999
Sold by
Corrado Jennifer Ann
Bought by
Corrado Robert and Corrado Jennifer Ann

Purchase Details

Closed on
Oct 27, 1998
Sold by
First Chicago Nbd Mtg
Bought by
Corrado Jennifer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.72%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Makinde Toye and Makinde Mary E
Bought by
First National Bank Of Chicago

Purchase Details

Closed on
Aug 2, 1995
Sold by
Bledsoe Theoatis L
Bought by
Makinde Mary and Makinde Toye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8%
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
Oshoffa Benjamin Olawale $415,000 --
Corrado Robert $388,000 Attorney
Corrado Robert -- --
Corrado Jennifer Ann -- Greater Illinois Title Compa
First National Bank Of Chicago -- Greater Illinois Title Compa
Makinde Mary -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oshoffa Benjamin Olawale $407,483
Previous Owner Corrado Robert $375,050
Previous Owner Corrado Robert $210,000
Previous Owner Corrado Jennifer Ann $140,000
Previous Owner Makinde Mary $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $415,000 -2.3% $160 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $424,900 +9.5% $163 / Sq Ft
08/30/2021 08/30/21 Sold $388,000 +0.8% $149 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $384,900 -- $148 / 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 $11,183 $127,224 $25,582 $101,642
2022 $10,539 $116,006 $23,326 $92,680
2021 $10,191 $108,457 $21,808 $86,649
2020 $9,895 $103,539 $20,819 $82,720
2019 $9,596 $98,627 $19,831 $78,796
2018 $9,103 $92,913 $18,682 $74,231
2017 $8,761 $87,836 $17,661 $70,175
2016 $8,727 $81,488 $16,385 $65,103
2015 -- $74,691 $15,018 $59,673
2014 -- $66,643 $14,833 $51,810
2013 -- $68,401 $15,224 $53,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11636545

Midwest Real Estate Data (MRED)

APN: 06-21-303-037