NOT LISTED FOR SALE

381 S Collins St Unit E South Elgin, IL 60177

Estimated Value: $191,000 - $218,000

2 Beds
1 Bath
1,164 Sq Ft
$145/mo HOA Fee

Last Sold March 15, 2023

Last sale price $164,900 $142 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,524/month

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Living Room
  • South Elgin High School Rated A-
  • Soaking Tub
  • Resident Manager or Management On Site

About This Home

As of March 2023

Hooray...a wonderful unit available for sale in a great location at a reasonable price! This 2 bedroom, 1 bath unit has fabulous living space with a large family room, eat-in kitchen, in-unit laundry, balcony deck, fabulous closet space, and 2 car deep tandem attached garage. Brand new water heater, disposal, whirlpool water softener (5 years), newer AC, new lighting fixtures, faucets, blinds, storm door, and soaker tub. Home in good condition but being sold as-is becuase seller unable to accomodate repairs or requests. Complex allows rentals...investors welcome!

Last Agent to Sell the Property

Laura Webb

Coldwell Banker Real Estate Group License #475170971 Listed on: 01/30/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Rutul Parekh

ARNI Realty Incorporated License #471021588

ARNI Realty Incorporated

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1987

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, snow removal
  • 8 Units
  • Jeff Association, Phone Number (847) 695-6400
  • Property managed by Preferred Management

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,836

Year Built

Built in 1987

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1987
  • Age: 31-40 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
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1164
  • Other Equipment: Water-Softener Owned, Water Heater-Gas
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1164
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 164900
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 145
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Preferred Management
  • Management Contact Name: Jeff
  • Management Phone: 847-695-6400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 1836.1
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 2, 2023
Sold by
Wrasse Jeanine M
Bought by
Patel Bhavesh
Seller's Agent
Laura Webb
Coldwell Banker Real Estate Group
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$164,900
Sold Price
$164,900
Views
9
Current Estimated Value
$206,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,127
Avg. Annual Appreciation
9.16%
Original Mortgage
$123,675
Outstanding Balance
$119,964
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$86,063

Purchase Details

Closed on
Oct 30, 2002
Sold by
Barkocy David and Maycan Diane
Bought by
Wrasse Jeanine M

Purchase Details

Closed on
Jun 28, 2002
Sold by
Barkocy David
Bought by
Barkocy David and Maycan Diane
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
Patel Bhavesh $165,000 First American Title
Wrasse Jeanine M $116,500 --
Barkocy David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Bhavesh $123,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $164,900 0.0% $142 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $164,900 -- $142 / 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 $3,443 $43,636 $4,864 $38,772
2023 $1,965 $39,422 $4,394 $35,028
2022 $1,814 $35,946 $4,007 $31,939
2021 $1,836 $33,607 $3,746 $29,861
2020 $1,872 $32,083 $3,576 $28,507
2019 $1,763 $30,561 $3,406 $27,155
2018 $1,677 $28,791 $3,209 $25,582
2017 $2,020 $27,218 $3,034 $24,184
2016 $1,895 $25,251 $2,815 $22,436
2015 -- $23,145 $2,580 $20,565
2014 -- $22,859 $2,548 $20,311
2013 -- $25,399 $2,615 $22,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11709331

Midwest Real Estate Data (MRED)

APN: 06-35-356-005