NOT LISTED FOR SALE

40 Cypress Square Elgin, IL 60123

Northeast Elgin Neighborhood

Estimated Value: $230,000 - $244,000

3 Beds
2 Baths
1,526 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2018

Last sale price $124,900 $82 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,793 / mo

4 Days on Market

Highlights

  • Recreation Room
  • Fenced Yard
  • Breakfast Bar
  • Den
  • Galley Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Wow! Very affordable interior unit with it's own private fenced yard! Spacious front living room with lots of natural light! Very functional kitchen with upgraded oak cabinetry, tile flooring and all appliances stay! Separate dining room area! Family room with oversized sliding glass doors to your own private courtyard! Large master bedroom with walk-in closet! Convenient 1st floor laundry! Full, partially finished basement, just needs flooring and you could have a rec room and office area! Plenty of storage! Close to shopping and transportation!

Last Agent to Sell the Property

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 05/25/2018

RE/MAX Horizon

Last Buyer's Agent

Synesha Parish

Coldwell Banker Realty License #475150063

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • Fenced Yard

HOA Fees

  • $175 per month

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Den
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0.36 Acres

HOA Fees

$175 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1973
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Interior Property Features: 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 11X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Galley, Pantry-Closet
  • Additional Rooms: Den, Recreation Room
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 12X10, On Level: Basement, Flooring: Other
  • Additional Room 2 Name: Recreation Rm, Dimensions: 14X12, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1526
  • Basement Sq Ft: 763
  • Family Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care
  • Assessment Association Fees: 175
  • Management Contact Name: .
  • Management Phone: 847-742-5555

Fee Information

  • Management Company: RAGE MANAGEMENT

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 21X75
  • Lot Description: Common Grounds, Fenced Yard
  • Parcel Identification Number: 0610401031

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 2

Tax Info

  • Taxes: 1722.40

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 2, 2018
Sold by
Bought by
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Synesha Parish
Coldwell Banker Realty
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$238,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,328
Avg. Annual Appreciation
8.51%
Original Mortgage
$122,637
Outstanding Balance
$106,955
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$131,273

Purchase Details

Closed on
Jul 26, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,059
Interest Rate
8.33%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 First American Title
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $122,637
Previous Owner $89,059
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $124,900 0.0% $82 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $124,900 -- $82 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,929 $57,094 $3,539 $53,555
2023 $3,715 $51,580 $3,197 $48,383
2022 $3,558 $47,032 $2,915 $44,117
2021 $3,388 $43,971 $2,725 $41,246
2020 $3,046 $39,401 $2,601 $36,800
2019 $2,945 $37,532 $2,478 $35,054
2018 $1,814 $29,350 $2,334 $27,016
2017 $1,722 $27,746 $2,206 $25,540
2016 $1,312 $25,741 $2,047 $23,694
2015 -- $23,594 $1,876 $21,718
2014 -- $23,303 $1,853 $21,450
2013 -- $23,918 $1,902 $22,016
Source: Public Records

Agents Affiliated with this Home

  • Bob Wisdom

    Seller's Agent in 2018

    Bob Wisdom

    RE/MAX

    (847) 695-8348

    19 in this area

    621 Total Sales

    Bob Wisdom
    Section Image

  • S

    Buyer's Agent in 2018

    Synesha Parish

    Coldwell Banker Realty

    (847) 420-1059

    38 Total Sales

    Synesha Parish
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09962765

Midwest Real Estate Data (MRED)

APN: 06-10-401-031

Illinois Kane County Elgin 60123 Northeast Elgin

40 Cypress Square, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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