NOT LISTED FOR SALE

2851 Colonial Dr Elgin, IL 60124

Estimated Value: $346,000 - $372,000

3 Beds
3 Baths
741 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $210,000 $283 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,653/month

88 Days on Market

Highlights

  • Colonial Architecture
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Country Trails Elementary School Rated A-

About This Home

As of March 2020

GREAT 3 BEDROOM WITH BASEMENT! BEAUTIFUL YARD ON PREMIUM OVERSIZED LOT! SCHOOL DIST 301! BRIGHT AND CHEERFUL! NEUTRAL DECOR! DOUBLE VANITY & SINKS IN BOTH FULL BATHS ! OAK CABINETRY! PANTRY! CONVENIENTLY LOCATED TO I9O&ELGIN OHARE EXPRSWY! SOLD AS IS AND READY FOR YOUR IDEAS

Last Agent to Sell the Property

Patrice Bennett

eXp Realty License #475164548 Listed on: 10/28/2019

Last Buyer's Agent

Hilda Jones

Baird & Warner Real Estate - Algonquin License #475137923

Baird & Warner Real Estate - Algonquin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,848

Year Built

  • 1994

Lot Details

  • 0.26

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,848

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X10, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X10, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level
  • Estimated Sq Ft: 741
  • Family Room: Dimensions: 18X12, On Level: Basement

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.2644

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

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

Lot Info

  • Lot Dimensions: 0.26
  • Parcel Identification Number: 0617179002

Tax Info

  • Taxes: 6676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 13, 2020
Sold by
U S Bank Trust National Association
Bought by
Zalesny Rita Margaret
Seller's Agent
Patrice Bennett
eXp Realty
Buyer's Agent
Hilda Jones
Baird & Warner Real Estate - Algonquin
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Current Estimated Value
$358,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,792
Avg. Annual Appreciation
10.74%
Original Mortgage
$199,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2019
Sold by
Landmeier Stephanie A and Landmeier Frank T
Bought by
Us Bank Trust National Association and 1900 Capital Trust Iii

Purchase Details

Closed on
Apr 27, 2005
Sold by
Landmeier Stephanie A and Landmeier Timothy L
Bought by
Landmeier Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2003
Sold by
Hancock Donald L and Hancock Gladys E
Bought by
Landmeier Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Birdsell Cynthia R
Bought by
Hancock Donald L and Hancock Gladys E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,350
Interest Rate
7.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 27, 1996
Sold by
Birdsell Gary L
Bought by
Birdsell Cynthia R

Purchase Details

Closed on
May 4, 1995
Sold by
Randall Ridge Ii Ltd Partnership
Bought by
Birdsell Gary L and Birdsell Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.25%
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
Zalesny Rita Margaret $210,000 Solidifi
Us Bank Trust National Association -- None Available
Landmeier Stephanie A -- --
Landmeier Stephanie A $220,000 Chicago Title Insurance Comp
Hancock Donald L -- --
Birdsell Cynthia R -- --
Birdsell Gary L $154,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zalesny Rita Margaret $199,500
Previous Owner Landmeier Stephanie A $45,000
Previous Owner Landmeier Stephanie A $209,600
Previous Owner Landmeier Timothy L $33,052
Previous Owner Landmeier Stephanie A $176,000
Previous Owner Hancock Donald L $168,000
Previous Owner Hancock Donald L $11,000
Previous Owner Hancock Donald L $25,000
Previous Owner Hancock Donald L $154,350
Previous Owner Birdsell Gary L $110,000
Closed Landmeier Stephanie A $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $210,000 -10.6% $283 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/02/2019 12/02/19 Price Changed $234,900 -6.0% $317 / Sq Ft
10/28/2019 10/28/19 For Sale $249,900 -- $337 / 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 $7,848 $91,672 $25,582 $66,090
2022 $7,433 $83,589 $23,326 $60,263
2021 $7,177 $78,150 $21,808 $56,342
2020 $7,569 $74,606 $20,819 $53,787
2019 $6,741 $71,066 $19,831 $51,235
2018 $6,384 $66,949 $18,682 $48,267
2017 $6,676 $68,361 $17,661 $50,700
2016 $6,638 $63,421 $16,385 $47,036
2015 -- $58,131 $15,018 $43,113
2014 -- $51,904 $14,833 $37,071
2013 -- $53,273 $15,224 $38,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10560215

Midwest Real Estate Data (MRED)

APN: 06-17-179-002