NOT LISTED FOR SALE

256 Water Lily Ln Elgin, IL 60124

Estimated Value: $393,000 - $496,051

3 Beds
3 Baths
1,952 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $420,000 $215 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,242/month

8 Days on Market

Highlights

  • Spa
  • Waterfront
  • Community Lake
  • Howard B. Thomas Grade School Rated 9+
  • Open Floorplan
  • Deck

About This Home

As of October 2022

The Ranch Home you've been waiting for. This beautiful Ashwood model with custom floor plan, has a welcoming front porch where you can enjoy your favorite drink during mornings or evenings overlooking the pond while listening to the waterfall. This home offers an open floor plan with a contemporary kitchen with 42" cherry cabinets, granite countertops and eating breakfast bar, expanded separate formal dining room for your sit-down dinner parties and a huge great room with vaulted ceilings. All these areas offer plenty of space perfect for entertaining. But why stop there? Bring your party outdoors with a beautiful fenced-in backyard with colored concrete patio and a hot tub. Kitchen appliances are all stainless steel and only a year old. Split bedroom arrangement allows for quiet & privacy! Primary bedroom suite has a soaking tub and separate shower, double vanity sinks & walk-in closet and on the other side of the home you will find the additional two bedrooms sharing a full bathroom. The third bedroom has been used as an office since owners built the home in 2016. Full partially finished basement with family room, entertaining area and full bathroom, Additional highlights of this home are: huge laundry/mudroom room with a coat rack, A/C, Carpet replaced less than two years ago, plenty of storage space, vaulted ceilings, fenced-in yard, two car garage, water views. Outstanding location too with easy access to Rt 20, minutes from I-90, shopping, restaurants, forest preserve, walk/bike trails, plus located in the award-winning Burlington school district 301 and so much more.

Last Agent to Sell the Property

Carlos Betancourt

Premier Living Properties License #475128350 Listed on: 08/26/2022

Last Buyer's Agent

Lori Cromie

Haus & Boden, Ltd. License #471019069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,140

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 125x60
  • Waterfront
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,952 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

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

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

  • West Point Gardens Subdivision, Ashwood Floorplan
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,140

Year Built

Built in 2016

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: West Point Gardens
  • Year Built: 2016
  • Age: 6-10 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
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hot Tub, Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Granite Counters, Separate Dining Room
  • LivingArea: 1952
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Partially Finished,Rec/Family Area
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Hot Tub
  • Foundation Details: Concrete Perimeter
  • List Price: 424900
  • Lot Features: Fenced Yard, Water View
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Fiber Cement

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 357
  • Association Fee Frequency: Annually
  • Community Features: Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 125X60
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8140.1
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 5, 2022
Sold by
David J Olsen And Gail J Olsen Revocable
Bought by
Jones David Oral
Seller's Agent
Carlos Betancourt
Premier Living Properties
Buyer's Agent
Lori Cromie
Haus & Boden, Ltd.
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Views
68
Current Estimated Value
$449,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,763
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
May 21, 2010
Sold by
Nesler Road Limited Partnership
Bought by
Nesler & Lake Lots Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones David Oral $420,000 None Listed On Document
Nesler & Lake Lots Llc -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $420,000 -1.2% $215 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $424,900 -- $218 / 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 $9,931 $121,087 $39,827 $81,260
2023 $9,510 $109,393 $35,981 $73,412
2022 $8,502 $99,747 $32,808 $66,939
2021 $8,140 $93,256 $30,673 $62,583
2020 $7,875 $89,027 $29,282 $59,745
2019 $8,124 $84,804 $27,893 $56,911
2018 $8,682 $89,251 $26,277 $62,974
2017 $8,354 $84,034 $24,841 $59,193
2016 $5,174 $47,549 $8,933 $38,616
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11614083

Midwest Real Estate Data (MRED)

APN: 06-18-327-019