NOT LISTED FOR SALE

3006 Wayland Ave Unit 1 Elgin, IL 60124

Providence Neighborhood

Estimated Value: $550,000 - $606,000

5 Beds
2.5 Baths
3,672 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $540,101 $147 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,143/month

14 Days on Market

Highlights

  • Boat Dock
  • Open Floorplan
  • Clubhouse
  • Country Trails Elementary School Rated A-
  • Community Lake
  • 5-minute walk to Settlers Park

About This Home

As of July 2024

Step into the charm of Providence living, nestled within the sought-after Burlington 301 School District. This expansive Caverly floor plan unfolds over 3600 square feet, offering both space and style. The main floor features a soaring two story foyer, a welcoming kitchen is truly the heart of the home with plenty of cherry maple cabinetry, an island with extra seating, butler's pantry and a suite of top-of-the-line appliances, including a double oven, cooktop, microwave, refrigerator, and dishwasher. Adjacent to the kitchen, a sunlit casual dining area beckons with sliding doors leading to the maintenance free deck and stairs to the big backyard, perfect for al fresco dining and entertaining. Cozy up in the family room, where a crackling fireplace sets the scene for intimate gatherings and lively conversations. Need a quiet retreat? Slip into the main floor office for a moment of solitude. A convenient laundry area with second refrigerator completes the main level. Upstairs, discover a sanctuary in the form of five bedrooms and the sprawling master suite is a haven of luxury, featuring a private sitting area and a serene spa-like ensuite. Dream of future possibilities in the full walkout basement, already plumbed for a bathroom and awaiting your choice of flooring. Outside, the fenced yard and brick patio offer an oasis for outdoor enjoyment. Embrace the Providence lifestyle, where winding trails, parks, and tennis courts await your exploration and Prairie View Elementary & Prairie Knolls Middle School are just moments away, this is more than a home-it's a destination. Don't let this opportunity slip away!

Last Agent to Sell the Property

Kimberly Osko

Baird & Warner License #475172174 Listed on: 05/16/2024

Baird & Warner

Last Buyer's Agent

Nitul Thakkar

Chicagoland Brokers Inc. License #475189293

Chicagoland Brokers Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,737

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90.00 x 125.00
  • Fenced Yard
  • Paved or Partially Paved Lot

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Laminate Flooring

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom
  • Basement Storage

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Brick Porch or Patio

Location

  • Property is near a park

Schools

  • Country Trails Elementary School
  • Prairie Knolls Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Providence Subdivision, Caverly Floorplan
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,737

Year Built

Built in 2004

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Providence
  • Year Built: 2004
  • Age: 16-20 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Wood Laminate Floors, In-Law Arrangement, First Floor Laundry, Built-in Features, Walk-In Closet(s), Open Floorplan, Pantry
  • LivingArea: 3672
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Bedroom 5, Breakfast Room, Office, Sitting Room, Walk In Closet, Storage, Recreation Room, Bonus Room, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In,Rec/Family Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1680
  • Fireplace Location: Family Room
  • Square Footage Comments: Basement 1680'
  • Total Sq Ft: 1680
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Window Features: All,Blinds,Screens
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 540000
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Park, Tennis Court(s), Lake, Dock, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 380

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Country Trails Elementary School
  • High School: Central High School
  • Middle/Junior School: Prairie Knolls Middle School
  • Middle/Junior School District: 301

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 90.00 X 125.00
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 12737
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 3, 2024
Sold by
National Residential Nominee Services In
Bought by
Thakkar Kishan and Thakkar Manishkumar Bhailal
Seller's Agent
Kimberly Osko
Baird & Warner
Buyer's Agent
Nitul Thakkar
Chicagoland Brokers Inc.
List Price
$540,000
Sold Price
$540,101
Premium/Discount to List
$101
0.02%
Views
24
Current Estimated Value
$566,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,675
Avg. Annual Appreciation
4.06%
Original Mortgage
$432,101
Outstanding Balance
$426,940
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$139,836

Purchase Details

Closed on
May 10, 2024
Sold by
Kang Byung S and Kang Ann M
Bought by
National Residential Nominee Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,101
Outstanding Balance
$426,940
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$139,836

Purchase Details

Closed on
Dec 30, 2004
Sold by
Pinnacle Corp
Bought by
Kang Byung S and Kang Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,100
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Thakkar Kishan $540,500 None Listed On Document
National Residential Nominee Services Inc $540,500 None Listed On Document
Kang Byung S $423,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakkar Kishan $432,101
Previous Owner Kang Byung S $338,100
Closed Kang Byung S $42,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $540,101 0.0% $147 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $540,000 0.0% $147 / Sq Ft
05/06/2024 05/06/24 For Sale $540,000 -- $147 / 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 $13,275 $159,167 $40,572 $118,595
2023 $12,737 $143,796 $36,654 $107,142
2022 $11,987 $131,117 $33,422 $97,695
2021 $11,597 $122,585 $31,247 $91,338
2020 $11,264 $117,026 $29,830 $87,196
2019 $10,927 $111,475 $28,415 $83,060
2018 $12,114 $121,656 $26,769 $94,887
2017 $11,670 $115,008 $25,306 $89,702
2016 $11,641 $106,696 $23,477 $83,219
2015 -- $97,797 $21,519 $76,278
2014 -- $85,393 $21,253 $64,140
2013 -- $87,646 $21,814 $65,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12048063

Midwest Real Estate Data (MRED)

APN: 06-17-326-002