NOT LISTED FOR SALE

317 N Lyle Ave Elgin, IL 60123

Estimated Value: $324,000 - $395,000

2 Beds
3 Baths
1,909 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $171,200 $90 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,516/month

146 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Whirlpool Bathtub
  • Property is near a forest
  • Vaulted Ceiling
  • Loft

About This Home

As of April 2016

Location, privacy and comfort are truly the words to describe this lovely home in desirable Valley Creek sub with open floor plan and country atmosphere. Spacious kitchen with custom solid wood cabinetry, S.S. appliances, pantry, opens to eating area and great room with skylights and wood burning fireplace for cozy nights. Second floor offers 2 huge bedrooms and a loft. Huge Master bedroom has vaulted ceilings, skylights & walking closet. Master w/Jacuzzi & separate shower. Finished basement with full bath, could have 3rd and/or 4th bedroom. Fenced in yard surrounded by 85 acre private forest preserve for privacy and country feeling. New roof on 2011. Wonderful neighbor.

Last Agent to Sell the Property

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 10/05/2015

RE/MAX Horizon

Last Buyer's Agent

Christopher Davis

Inspire Realty Group LLC License #471020520

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,009

Year Built

  • 1987

Lot Details

  • Fenced Yard
  • Wooded Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Loft
  • Home Gym
  • Laminate Flooring

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a forest
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,009

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1987
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: 1/2 Duplex
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Wood Laminate Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 30X25, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X9, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Additional Rooms: Exercise Room, Loft
  • Master Bedroom: Dimensions: 20X20, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Loft, Dimensions: 20X11, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 2 Name: Exercise Rm, Dimensions: 18X16, On Level: Basement, Flooring: Wood Laminate, Windows: None
  • Bedroom 2: Dimensions: 15X10, On Level: 2nd Level, Flooring: Wood Laminate, Windows: None
  • Estimated Sq Ft: 1909

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch

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: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK

Schools

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

Lot Info

  • Lot Dimensions: 50 X 210
  • Lot Description: Fenced Yard, Forest Preserve Adjacent, Wooded
  • Parcel Identification Number: 0616226151

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 4906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Apr 29, 2016
Sold by
Mclane Bruce L and Mclane Mary E
Bought by
Saleem Sulaiman
Seller's Agent
Ana Torelli
RE/MAX Horizon
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$169,500
Sold Price
$171,200
Premium/Discount to List
$1,700
1%
Current Estimated Value
$364,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,148
Avg. Annual Appreciation
8.33%
Original Mortgage
$168,099
Outstanding Balance
$138,364
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$225,984

Purchase Details

Closed on
Mar 28, 2005
Sold by
Stout Ronald L and Stout Breda Hickey
Bought by
Mclane Bruce L and Mclane Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Overbey Kenneth L and Overbey Joann
Bought by
Stout Ronald L and Stout Breda Hickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.01%

Purchase Details

Closed on
Jan 17, 1995
Sold by
Overbey Kenneth L and Overbey Joanne
Bought by
Overbey Kenneth L and Overbey Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
6.21%
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
Saleem Sulaiman $171,500 Fidelity National Title
Mclane Bruce L $191,000 Chicago Title Insurance Comp
Stout Ronald L $125,000 Chicago Title Insurance Co
Overbey Kenneth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleem Sulaiman $168,099
Previous Owner Mclane Bruce L $155,000
Previous Owner Stout Ronald L $180,000
Previous Owner Overbey Kenneth L $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $171,200 +1.0% $90 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $169,500 0.0% $89 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
01/04/2016 01/04/16 Price Changed $169,500 -5.8% $89 / Sq Ft
10/19/2015 10/19/15 Price Changed $179,900 -9.8% $94 / Sq Ft
10/05/2015 10/05/15 For Sale $199,500 -- $105 / 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 $7,009 $95,580 $19,249 $76,331
2023 $6,679 $86,349 $17,390 $68,959
2022 $6,307 $78,736 $15,857 $62,879
2021 $6,032 $73,612 $14,825 $58,787
2020 $5,862 $70,274 $14,153 $56,121
2019 $5,692 $66,941 $13,482 $53,459
2018 $5,642 $63,063 $12,701 $50,362
2017 $5,515 $59,617 $12,007 $47,610
2016 $4,726 $55,308 $11,139 $44,169
2015 -- $50,695 $10,210 $40,485
2014 -- $50,069 $10,084 $39,985
2013 -- $51,390 $10,350 $41,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09056032

Midwest Real Estate Data (MRED)

APN: 06-16-226-151