NOT LISTED FOR SALE

3601 Tournament Dr Elgin, IL 60124

Bowes Neighborhood

Estimated Value: $687,000 - $742,000

4 Beds
4 Baths
3,886 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $427,000 $110 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,046/month

111 Days on Market

Highlights

  • On Golf Course
  • Colonial Architecture
  • Vaulted Ceiling
  • South Elgin High School Rated A-
  • Landscaped Professionally
  • Walk-In Pantry

About This Home

As of October 2019

Huge real estate tax drop to $ 13,048 in 2018! Live the life of luxury you deserve at Bowes Creek Country Club without a golf membership fee! Once you enter through the two-story foyer, which is flanked on one side by a living room and on the other by a dining room, this home leads you to an expansive two-story family room. Adjacent to the family room is a chef's kitchen w/ a large breakfast bar island, granite c-tops, SS appliances, rich custom extended cabinetry w/glass fronts, roll out drawers, crown molding, tile backsplash, walk-in pantry & extra recessed lighting. Formal dining room w/chair rail & 3pc crwn! Formal living room w/cozy fireplace w/custom mantle & 3pc crwn! Master bedroom is a dream room w/tray ceiling, separate sitting/den area, step down to 3 walk-in closets, make-up area & luxury bath w/separate vanities, oversized soaker tub & separate shower! Shows like a model! Mint condition! Lease Option, Lease to Own, Rent to Own, or Owner Financing available!

Last Agent to Sell the Property

Daniel Nierman

4 Sale Realty Advantage License #471018942 Listed on: 05/11/2019

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,003

Year Built

  • 2014

Lot Details

  • On Golf Course
  • Landscaped Professionally

HOA Fees

  • $45 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,003

Year Built

2014

Lot Details

0

HOA Fees

$45 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 1-5 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2014
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 11X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island, Pantry-Walk-in
  • Master Bedroom: Dimensions: 18X18, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Other, Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3886
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X18, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: N (North)
  • Acreage: 0.3417

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • 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

  • Fee Frequency: Monthly
  • Assessment Association Fees: 45

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 14882 SF
  • Lot Description: Golf Course Lot, Landscaped Professionally
  • Parcel Identification Number: 0536110002

Tax Info

  • Taxes: 16306.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Oct 17, 2019
Sold by
Malacsina Tamas and Malacsina Pilar Filice
Bought by
Phillips Romesh H
Seller's Agent
Daniel Nierman
4 Sale Realty Advantage
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$454,000
Sold Price
$427,000
Premium/Discount to List
-$27,000
-5.95%
Current Estimated Value
$704,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,062
Avg. Annual Appreciation
8.21%
Original Mortgage
$374,440
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2014
Sold by
Toll Il Lp
Bought by
Malacsina Tamas and Filice Maria Del Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,099
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Phillips Romesh H $427,000 American Natl Ttl Svcs Inc
Malacsina Tamas $484,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Romes H $179,200
Closed Phillips Romes $55,000
Open Phillips Romesh H $376,296
Closed Phillips Romesh H $374,440
Previous Owner Malacsina Tamas $372,125
Previous Owner Malacsina Tamas $372,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $427,000 -7.0% $110 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/17/2019 08/17/19 Price Changed $459,000 +1.1% $118 / Sq Ft
08/02/2019 08/02/19 For Sale $454,000 0.0% $117 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $454,000 -2.2% $117 / Sq Ft
05/29/2019 05/29/19 Price Changed $464,000 -2.1% $119 / Sq Ft
05/22/2019 05/22/19 Price Changed $474,000 -2.1% $122 / Sq Ft
05/11/2019 05/11/19 For Sale $484,000 -- $125 / 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 $15,003 $192,070 $33,165 $158,905
2023 $15,830 $189,711 $30,000 $159,711
2022 $13,131 $153,783 $32,035 $121,748
2021 $13,064 $148,569 $30,949 $117,620
2020 $13,101 $145,899 $30,393 $115,506
2019 $13,216 $144,012 $30,000 $114,012
2018 $13,048 $134,987 $37,620 $97,367
2017 $16,306 $161,162 $51,215 $109,947
2016 $16,926 $161,163 $40,000 $121,163
2015 -- $152,399 $25,000 $127,399
2014 -- $93,956 $1,644 $92,312
2013 -- $1,672 $1,672 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10376452

Midwest Real Estate Data (MRED)

APN: 05-36-110-002