NOT LISTED FOR SALE

2947 Kelly Dr Elgin, IL 60124

Estimated Value: $542,503 - $585,000

5 Beds
4 Baths
3,085 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $382,500 $124 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,081/month

11 Days on Market

Highlights

  • Water Views
  • Home Theater
  • Pond
  • Howard B. Thomas Grade School Rated 9+
  • Contemporary Architecture
  • Recreation Room

About This Home

As of October 2018

WOW! Absolutely stunning! Private lot backing to wet lands w/ pond. Perfect for fishing & ice skating. 5 bedrm 3.5 bath open floor plan w/ a full finished basement. Upgrades galore! Shows like a model! Freshly painted. Wainscoting throughout the main level. Crown molding. Hand scraped Brazilian cherry hardwood fl. Cathedral ceilings. Dramatic 2 story foyer w/ stone tile inlay. French doors leads into the living rm. or use it as an office. Lrg Family rm. off the gourmet kitchen w/ island & Brkfst bar, granite counter tops, tiled back splash, double oven, cook top, & SS appliances. Mud rm w/ custom built-ins. 2nd floor offers a cat walk overlooking the entire first floor. Master suite w/ walk-in closet, private bath w/ separate shower, double bowl sinks, & soaking tub. Gorgeous finished basement w/ theater rm, rec area, custom wet bar, & a full bathroom. Brick paver patio & fire pit. Community club house, pool, sand volleyball, fitness center & tennis courts. Burlington schools.

Last Agent to Sell the Property

Tanya Pearson

Royal Family Real Estate License #475134477 Listed on: 09/06/2018

Royal Family Real Estate

Last Buyer's Agent

Vikas Bhala

Publix Realty, Inc. License #475176576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,691

Year Built

  • 2005

Lot Details

  • 0.27

HOA Fees

  • $77 per month

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Clad Trim

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Mud Room
  • Entrance Foyer
  • Home Theater
  • Recreation Room
  • Storage Room
  • Water Views
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Pond
  • Brick Porch or Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,691

Year Built

2005

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 3085
  • Style Of House: Contemporary
  • Type Detached: 2 Stories
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Cooktop, Range Hood
  • Equipment: Humidifier, TV-Dish, CO Detectors, Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, Recreation Room, Theatre Room, Foyer, Mud Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 25X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X12, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 32X21, On Level: Basement, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Theater Rm, Dimensions: 22X14, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Foyer, Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Mud, Dimensions: 5X5, On Level: Main Level, Flooring: Hardwood
  • Additional Room 6 Name: Storage, Dimensions: 10X8, On Level: Basement, Flooring: Other
  • Additional Room 7 Name: Walk in Closet, Dimensions: 11X8, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3085
  • Estimated Total Finished Sq Ft: 4285
  • Basement Finished Sq Ft: 1200
  • Upper Level Sq Ft: 3085
  • Dining Room Type: Separate
  • Family Room: Dimensions: 31X15, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Clad Trim
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Brick Paver Patio, Storms/Screens

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: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Clubhouse, Exercise Facilities, Pool
  • Assessment Association Fees: 77

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 128X68X127X43X64
  • Lot Description: Pond, Water View
  • Parcel Identification Number: 0620373008

Tax Info

  • Taxes: 10677

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 25, 2018
Sold by
Lee Thomas W and Lee Jessica S
Bought by
Patel Vishva and Patel Krupa
Seller's Agent
Tanya Pearson
Royal Family Real Estate
Buyer's Agent
Vikas Bhala
Publix Realty, Inc.
List Price
$395,000
Sold Price
$382,500
Premium/Discount to List
-$12,500
-3.16%
Current Estimated Value
$562,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,376
Avg. Annual Appreciation
5.67%
Original Mortgage
$306,000
Outstanding Balance
$268,791
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$294,085

Purchase Details

Closed on
Aug 4, 2005
Sold by
Waterford Lp
Bought by
Lee Thomas W and Lee Jessica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,552
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Patel Vishva $382,500 Attorney
Lee Thomas W $369,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vishva $306,000
Previous Owner Lee Thomas W $299,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $382,500 -3.2% $124 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $395,000 0.0% $128 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $395,000 -- $128 / 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 $12,691 $152,524 $40,572 $111,952
2023 $12,174 $137,794 $36,654 $101,140
2022 $11,462 $125,644 $33,422 $92,222
2021 $11,088 $117,468 $31,247 $86,221
2020 $10,768 $112,141 $29,830 $82,311
2019 $10,445 $106,821 $28,415 $78,406
2018 $11,118 $112,146 $26,769 $85,377
2017 $10,707 $106,018 $25,306 $80,712
2016 $10,677 $98,356 $23,477 $74,879
2015 -- $90,152 $21,519 $68,633
2014 -- $89,039 $21,253 $67,786
2013 -- $76,946 $21,814 $55,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10074168

Midwest Real Estate Data (MRED)

APN: 06-20-373-008