NOT LISTED FOR SALE

2731 Colonial Dr Elgin, IL 60124

Estimated Value: $387,000 - $419,000

3 Beds
3 Baths
1,900 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $281,500 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,878/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Granite Countertops
  • Country Trails Elementary School Rated A-
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of December 2020

Wow! beautiful brick 3 bedroom home. This home was completely redone in the inside and many new light fixtures were added every where, which makes this home so bright and inviting. New custom white shaker kitchen cabinetry with soft close doors and drawers, tile back splash, dolomite counter tops, all new stainless steel appliances. Also includes new washer & dryer. Brand new hardwood floor throughout the whole house. Ceramic tile in foyer, kitchen and all bathrooms. Nice size master bedroom with walk-in closet, master bathroom with beautiful tile surround shower, double sink and heated floors. Home was just freshly painted, all new hardware throughout. Additional highlights of this home are, two story foyer, A/C, 2 car garage, huge lot, separate dining room, brick patio. Also great location, close to restaurants, minutes from I-90 and Metra. Plus located in the award winning Burlington school district 301 Additional upgrades list located in the more info tab.

Last Agent to Sell the Property

Carlos Betancourt

Premier Living Properties License #475128350 Listed on: 10/02/2020

Last Buyer's Agent

Christopher Davis

Inspire Realty Group LLC License #471020520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,240

Year Built | Renovated

  • 1991 | 2020

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Dining Area

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Deck
  • Cul-De-Sac
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,240

Year Built | Renovated

1991 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1991
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: 1st Floor Laundry, Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Custom Cabinetry, Granite Counters, Pantry, Updated Kitchen
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 18X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1900
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: N (North)
  • Acreage: 0.23

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1900

Schools

  • School District: 301
  • Elementary School: Country Trails Elementary School
  • Middle School: Central Middle School
  • High School: Central High School
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 23
  • Lot Description: Cul-de-sac
  • Parcel Identification Number: 0617429024

Tax Info

  • Taxes: 6766.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 16, 2020
Sold by
Rodriguez Ramon and Rodriguez Jill
Bought by
Berumen Brian
Seller's Agent
Carlos Betancourt
Premier Living Properties
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$288,500
Sold Price
$281,500
Premium/Discount to List
-$7,000
-2.43%
Current Estimated Value
$400,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,662
Avg. Annual Appreciation
7.79%
Original Mortgage
$287,974
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 28, 2018
Sold by
Gracia Celso
Bought by
Rodriguez Ramon and Rodriguez Jill
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Ron Ewing
RE/MAX Horizon
List Price
$239,900
Sold Price
$205,000
Premium/Discount to List
-$34,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Inthirath Thomas J and Inthirath Josephine
Bought by
Gracia Celso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Wentzel Charles J and Wentzel Divina V
Bought by
Inthirath Thomas and Inthirath Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.05%
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
Berumen Brian $281,500 None Available
Rodriguez Ramon $205,000 Attorneys Title Guaranty Fun
Gracia Celso $200,000 --
Inthirath Thomas $162,000 Greater Illinois Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berumen Brian $38,795
Previous Owner Berumen Brian $287,974
Previous Owner Gracia Celso $143,500
Previous Owner Gracia Celso $20,000
Previous Owner Gracia Celso $150,000
Previous Owner Inthirath Thomas T $25,000
Previous Owner Inthirath Thomas $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $281,500 -2.4% $148 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $288,500 +40.7% $152 / Sq Ft
09/28/2018 09/28/18 Sold $205,000 -6.8% $108 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $219,900 -8.3% $116 / Sq Ft
07/16/2018 07/16/18 For Sale $239,900 -- $126 / 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 $8,240 $101,830 $26,408 $75,422
2023 $7,879 $91,996 $23,858 $68,138
2022 $7,462 $83,884 $21,754 $62,130
2021 $7,204 $78,425 $20,338 $58,087
2020 $6,987 $74,869 $19,416 $55,453
2019 $6,767 $71,317 $18,495 $52,822
2018 $6,418 $67,185 $17,423 $49,762
2017 $6,717 $68,741 $16,471 $52,270
2016 $6,679 $63,773 $15,281 $48,492
2015 -- $58,453 $14,006 $44,447
2014 -- $54,024 $14,833 $39,191
2013 -- $55,449 $15,224 $40,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10890670

Midwest Real Estate Data (MRED)

APN: 06-17-429-024