NOT LISTED FOR SALE

262 Ela Rd Inverness, IL 60067

Estimated Value: $470,000 - $585,000

3 Beds
2.5 Baths
1,582 Sq Ft
$323/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $435,000 $275 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,651/month

12 Days on Market

Highlights

  • Mature Trees
  • Living Room with Fireplace
  • Stainless Steel Appliances
  • Marion Jordan Elementary School Rated A-
  • Recreation Room
  • 2 Car Attached Garage

About This Home

As of July 2021

Escape to your new retreat! Set back on Ela Rd with 1.75 acres sits a completely remodeled home ready for you to move-in! The kitchen features an abundance of maple Kraftmaid cabinets, stainless steel appliances and granite counters/backsplash. Sliders off the kitchen bring you to your extended living space on your wrap around brick paver patio. Beautiful views all-around with hand selected plants, flowers and blooming trees. The family room offers an easy to use electric fireplace and cathedral ceiling with solid red oak beams. Head up only 4 stairs and you will find the most luxurious MASTER SUITE- 18x18 plus a walk-in closet, en suite bathroom with a granite double vanity, and jacuzzi tub. All of the hardwood floors were JUST refinished and look amazing! If you need additional space you can utilize the newly finished basement- Lifeproof luxury vinyl flooring 2021, 1/2 bath 2021, freshly painted 2021! Huge brick paver driveway plus and an additional parking pad on the side of the garage! Cedar siding, new roof 2017! Opportunity to add an addition if you wanted to increase the size of the home and create access to the basement! *Home has been very well cared for but is being sold as-is! Come see this Inverness gem in person!

Last Agent to Sell the Property

David Lempa

RE/MAX Suburban License #471009957 Listed on: 05/22/2021

RE/MAX Suburban

Co-Listed By

Tawni Barbanente

RE/MAX Suburban License #475170439

Last Buyer's Agent

Don Beard

eXp Realty License #475142936

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,508

Year Renovated

  • 2008

Lot Details

  • 1.76 Acre Lot
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Step Ranch
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,582 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Sink Near Laundry
  • Gas Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Schools

  • Marion Jordan Elementary School
  • Walter R Sundling Junior High Sc
  • Wm Fremd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,508

Year Renovated

2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Step Ranch
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • Rebuilt Year: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 700
  • Fireplace Features: Wood Burning, Electric
  • Fireplaces: 2
  • LivingArea: 1582
  • Room Type: Foyer, Recreation Room
  • Estimated Total Finished Sq Ft: 2282
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1582
  • Basement Sq Ft: 1100
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 2682
  • Unfinished Basement Sq Ft: 400
  • Main Level Sq Ft: 1582

Exterior Features

  • DirectionFaces: East
  • ExteriorFeatures: Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 465000
  • Lot Features: Mature Trees
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

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

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marion Jordan Elementary School
  • High School: Wm Fremd High School
  • Middle/Junior School: Walter R Sundling Junior High Sc
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.76
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7508.43
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 24, 2021
Sold by
Barbanente Frances and Barbanente Nicola
Bought by
Redfern Brian Alan and Meyer Sarah Anne
Seller's Agent
David Lempa
RE/MAX Suburban
Buyer's Agent
Don Beard
eXp Realty
List Price
$465,000
Sold Price
$435,000
Premium/Discount to List
-$30,000
-6.45%
Current Estimated Value
$510,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,388
Avg. Annual Appreciation
4.02%
Original Mortgage
$413,250
Outstanding Balance
$379,312
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$133,675

Purchase Details

Closed on
May 27, 2005
Sold by
Szperling Helen and Szperling Tadeusz
Bought by
Barbanente Nicola and Barbanente Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
5.5%
Mortgage Type
Unknown
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
Redfern Brian Alan $435,000 Precision Title
Barbanente Nicola $426,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redfern Brian Alan $413,250
Previous Owner Barbanente Nicola $318,900
Previous Owner Barbanente Nicola $43,800
Previous Owner Barbanente Nicola $345,500
Previous Owner Barbanente Nicola $340,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $435,000 -6.5% $275 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $465,000 -- $294 / 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 $10,686 $39,001 $14,593 $24,408
2023 $10,390 $39,001 $14,593 $24,408
2022 $10,390 $39,001 $14,593 $24,408
2021 $6,751 $28,665 $10,214 $18,451
2020 $6,717 $28,665 $10,214 $18,451
2019 $6,603 $31,675 $10,214 $21,461
2018 $7,416 $34,058 $8,755 $25,303
2017 $7,130 $34,058 $8,755 $25,303
2016 $7,584 $34,058 $8,755 $25,303
2015 $8,083 $31,776 $10,214 $21,562
2014 $7,968 $31,776 $10,214 $21,562
2013 $7,716 $31,776 $10,214 $21,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11097141

Midwest Real Estate Data (MRED)

APN: 02-17-306-002-0000