NOT LISTED FOR SALE

305 N Lyle Ave Unit 307 Elgin, IL 60123

Estimated Value: $457,000 - $498,000

4 Beds
5 Baths
-- Sq Ft
0.52 Acres

Last Sold January 04, 2018

Last sale price $288,000

Est. 65% increase in value since last sale

Current estimated payment $3,483/month

30 Days on Market

Highlights

  • Multiple Garages
  • Deck
  • Sun or Florida Room
  • Landscaped Professionally
  • Ranch Style House
  • Corner Lot

About This Home

As of January 2018

Rarely available ranch duplex in Valley Creek! Ideal for owner occupied, live in one side and have income from the other or great for an additional family member as well! 305 has living room with vaulted ceiling, first floor family room with fireplace, two bedrooms and a sun room. Eat in kitchen with vaulted ceiling, oak cabinetry, Corian counter tops, newer flooring, stainless steel GE appliances and backsplash. One and one-half updated baths on first floor, full bath has walk-in tub, First floor laundry, full basement with shower bath. 307 has living room with vaulted ceiling, eat in kitchen with vaulted ceiling and oak cabinetry, two bedrooms, updated first floor bath and a sun room. Tandem two car garage, full basement with shower bath. Newer vinyl siding and new Bryant GFA furnaces and central air on both sides in '14. Deep fenced lot backs to Kane County Forest Preserve property! Certified appraisal of $300K on file.

Last Agent to Sell the Property

Bruce Wascher

RE/MAX Horizon License #471015310 Listed on: 10/20/2017

RE/MAX Horizon

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,909

Year Built

  • Built in 1984

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 121' x 195.24' x 118' x 17
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Creekside Elementary School
  • Kimball Middle School
  • Larkin High School

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Valley Creek Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,909

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: VALLEY CREEK
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Cathedral Ceilings
  • MRD_AppliancesAndFeatures: Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Cathedral Ceilings

Exterior Features

  • ExteriorFeatures: Deck, Storage Shed, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • Lot Features: Corner Lot, Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Electric, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: CREEKSIDE ELEMENTARY SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: KIMBALL MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.52
  • Lot Dimensions: 121' X 195.24' X 118' X 17
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7909.14
  • Tax Year: 2016
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 22, 2017
Sold by
Stack Pamala S and Potter Debbie
Bought by
Mackey Michael J and Mackey Olga M
Seller's Agent
Bruce Wascher
RE/MAX Horizon
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$309,900
Sold Price
$288,000
Premium/Discount to List
-$21,900
-7.07%
Current Estimated Value
$475,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,945
Avg. Annual Appreciation
6.94%
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
Mackey Michael J $288,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $288,000 -4.0% --
11/19/2017 11/19/17 Pending -- -- --
10/29/2017 10/29/17 Price Changed $299,900 -3.2% --
10/20/2017 10/20/17 For Sale $309,900 -- --
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 $9,970 $132,954 $39,492 $93,462
2022 $10,512 $121,231 $36,010 $85,221
2021 $10,112 $113,343 $33,667 $79,676
2020 $9,869 $108,203 $32,140 $76,063
2019 $9,626 $103,070 $30,615 $72,455
2018 $9,600 $97,098 $28,841 $68,257
2017 $8,310 $91,792 $27,265 $64,527
2016 $7,909 $85,159 $25,295 $59,864
2015 -- $78,056 $23,185 $54,871
2014 -- $77,093 $22,899 $54,194
2013 -- $79,127 $23,503 $55,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09782350

Midwest Real Estate Data (MRED)

APN: 06-16-226-076