NOT LISTED FOR SALE

31 Melrose Ct South Elgin, IL 60177

Estimated Value: $282,000 - $315,665

3 Beds
2.5 Baths
1,562 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $280,000 $179 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,279/month

109 Days on Market

Highlights

  • Landscaped Professionally
  • Balcony
  • Resident Manager or Management On Site
  • South Elgin High School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of December 2024

A RARE OPPORTUNITY! SPACIOUS 3 BEDROOM TWO AND HALF BATH TWO CAR GARAGE TOWNHOME WITH A FINISHED BASEMENT IN SOUTH ELGIN! THE MAIN LEVEL HAS AN OPEN FLOOR PLAN WHICH LENDS ITSELF TO A GREAT FAMILY/ENTERTAINMENT SPACE. THE KITCHEN OVERLOOKS THE GREAT ROOM AND DINING SPACE. A CONVENIENT MAIN LEVEL POWDER ROOM IS ADJACENT TO THE TWO CAR GARAGE ENTRY. THE SECOND STORY IS COMPRISED OF THREE GOOD-SIZED BEDROOMS AND TWO FULL BATHS. THE PRIMARY BEDROOM HAS TWO SEPARATE CLOSETS AND A PRIVATE BATH. THE BASEMENT IS OPEN TO ALLOW PLENTY OF SPACE FOR BOTH SITTING AND RECREATIONAL AREAS. FRESHLY PAINTED WITHIN THE PAST FIVE YEARS AND HAS SOLID FLOORING THROUGHOUT. GREAT PRIVACY BACKING TO TREES. RIVER PLACE SUBDIVISION OFFERS AMPLE VISITOR PARKING. CONVENIENTLY LOCATED RIGHT OFF OF RT. 31 AND CLOSE TO THE FOX RIVER. COVETED SOUTH ELGIN HIGH SCHOOL. THIS IS AN ESTATE SALE AND BEING SOLD STRICTLY "AS IS".

Last Agent to Sell the Property

Joanne Cecchini

Berkshire Hathaway HomeServices Starck Real Estate License #475120551 Listed on: 08/23/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Joe Morrissey

Coldwell Banker Real Estate Group License #475123312

Coldwell Banker Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,123

Year Built

  • Built in 2009

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Schools

  • Willard Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Balcony
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 6 Units
  • Stephanie Association, Phone Number (847) 695-6400
  • River Place Subdivision, Waterford Floorplan
  • Property managed by PREFFERED MANAGEMENT

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,123

Year Built

Built in 2009

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: River Place
  • Year Built: 2009
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Disposal
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, Storage
  • LivingArea: 1562
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 285000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PREFFERED MANAGEMENT
  • Management Contact Name: STEPHANIE
  • Management Phone: 847-695-6400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Willard Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1571
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6123
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Dec 27, 2024
Sold by
Nguyen Linh Phuong
Bought by
Haq Mugheez U and Malik Amna
Seller's Agent
Joanne Cecchini
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Joe Morrissey
Coldwell Banker Real Estate Group
List Price
$314,900
Sold Price
$280,000
Premium/Discount to List
-$34,900
-11.08%
Views
155
Current Estimated Value
$292,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,416
Avg. Annual Appreciation
4.08%
Original Mortgage
$271,600
Outstanding Balance
$270,874
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$15,346

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 4, 2019
Sold by
Mai Ashley and Mai Amanda
Bought by
Nguyen Linh Phuong
Seller's Agent
Daniela Recillas
The Agency
Buyer's Agent
Joanne Cecchini
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$205,000
Sold Price
$197,000
Premium/Discount to List
-$8,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Dec 26, 2018
Sold by
Maivan Chouane and Maivan Nancy
Bought by
Mai Amanda and Mai Ashley

Purchase Details

Closed on
Sep 6, 2018
Sold by
Maivan Chouane
Bought by
Mai Amanda and Mai Ashley

Purchase Details

Closed on
Feb 13, 2013
Sold by
Valdez Jorge E
Bought by
Valdez Jorge E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2012
Sold by
Maivan Chouane
Bought by
Maivan Nancy

Purchase Details

Closed on
Jan 14, 2009
Sold by
La Fox Hollow Llc
Bought by
Maivan Chouane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage
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
Haq Mugheez U $280,000 Fidelity National Title
Nguyen Linh Phuong $197,000 Old Republic Title
Mai Amanda -- None Available
Mai Amanda -- None Available
Valdez Jorge E -- --
Maivan Nancy -- None Available
Maivan Chouane $190,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haq Mugheez U $271,600
Previous Owner Valdez Jorge E $192,000
Previous Owner Maivan Chouane $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $280,000 -1.8% $179 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/25/2024 11/25/24 Price Changed $285,000 -5.0% $182 / Sq Ft
10/31/2024 10/31/24 Price Changed $299,900 -3.2% $192 / Sq Ft
09/21/2024 09/21/24 Price Changed $309,900 -1.6% $198 / Sq Ft
08/23/2024 08/23/24 For Sale $314,900 +59.8% $202 / Sq Ft
04/08/2019 04/08/19 Sold $197,000 -3.9% $126 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $205,000 0.0% $131 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $205,000 -- $131 / 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 $6,123 $80,979 $23,495 $57,484
2022 $5,838 $73,838 $21,423 $52,415
2021 $5,489 $69,033 $20,029 $49,004
2020 $5,318 $65,903 $19,121 $46,782
2019 $5,657 $62,777 $18,214 $44,563
2018 $5,574 $59,140 $17,159 $41,981
2017 $5,323 $55,908 $16,221 $39,687
2016 $6,012 $61,077 $15,049 $46,028
2015 -- $55,983 $13,794 $42,189
2014 -- $47,126 $13,624 $33,502
2013 -- $43,317 $10,295 $33,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12141434

Midwest Real Estate Data (MRED)

APN: 06-26-376-057