NOT LISTED FOR SALE

401 S Collins St Unit C South Elgin, IL 60177

Estimated Value: $202,000 - $227,000

2 Beds
1 Bath
1,164 Sq Ft
$130/mo HOA Fee

Last Sold December 01, 2021

Last sale price $150,000 $129 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,502/month

3 Days on Market

Highlights

  • Shades
  • Attached Garage
  • ENERGY STAR Qualified Windows with Low Emissivity
  • South Elgin High School Rated A-
  • Combination Kitchen and Dining Room
  • Tandem Garage

About This Home

As of December 2021

Don't miss out on your opportunity to see this great home in sought-after Collins Condos. This terrific unit with a private entrance offers a spacious, open floor plan. Completely remodeled in 2015. New 42 inch shaker cabinets with Crown Molding, kitchen pantry and stainless appliances. There's plenty of room to entertain in the large living room/dining room combo. Enjoy your newer laminate flooring for easy cleaning! Newer bathroom vanity, toilet and flooring. White 6 panel doors throughout. No more going to the laundromat with the spacious in-unit laundry with newer washer/dryer and water heater (all within the last 6 years). The large Primary Suite has his/hers closet space. The spacious second bedroom features a deep closet for all your storage needs. Grill out for your guests on your own recently refinished private balcony with two new sliding doors. Don't miss the Oversized 2-car Tandem Garage with additional storage. There's even more parking with the additional assigned on-site parking space. What a perfect location, near Schools, Shopping, Trails, Fox River, Parks, Fishing Decks and you'll love the quick access to Rt. 20 and Stearns Road. This unit shows well...Why rent when you can buy? Come be part of a wonderful Community and make this your new home!

Last Agent to Sell the Property

Cynthia Stolfe

Redfin Corporation License #475174420 Listed on: 10/28/2021

Redfin Corporation

Last Buyer's Agent

Karen Navarro

@properties Christie's International Real Estate License #475180556

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,846

Year Built | Renovated

  • 1990 | 2015

HOA Fees

  • $130 per month

Parking

  • Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • ENERGY STAR Qualified Windows with Low Emissivity
  • Shades
  • Drapes & Rods
  • Blinds
  • Combination Kitchen and Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 8 Units
  • Jeff / Jeff@Preferredmanagement Association, Phone Number (847) 695-6400
  • Property managed by Preferred Management

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,846

Year Built | Renovated

1990 | 2015

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • 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): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2015
  • New Construction Y/N: No
  • Directions: Rt 31 / La Fox St to Concord Ave. Concord Ave west to Collins St. Collins St south to home. The building is just south of Franklin Ave on Collins St.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Collins Condos
  • Special Features: None
  • Year Built: 1990
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1164
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: ENERGY STAR Qualified Doors,Storm Door(s)
  • Window Features: Blinds,Curtains/Drapes,ENERGY STAR Qualified Windows,Low Emissivity Windows,Shades
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Ceiling Fan(s)
  • Dining Room Type: Foyer
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 3
  • Driveway: Asphalt
  • 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
  • Garage Spaces: 2
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: Preferred Management
  • Management Contact Name: Jeff / Jeff@preferredmanagement
  • Management Phone: 847-695-6400
  • Association Fee: 130
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit

Fee Information

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

Schools

  • Junior High Dist: 46

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 8

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2343.92
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 29, 2021
Sold by
Williams Sherry L
Bought by
Gerritsen Michelle
Seller's Agent
Cynthia Stolfe
Redfin Corporation
Buyer's Agent
Karen Navarro
@properties Christie's International Real Estate
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$214,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,003
Avg. Annual Appreciation
9.01%
Original Mortgage
$60,000
Outstanding Balance
$55,396
Interest Rate
3.09%
Mortgage Type
Stand Alone Second
Estimated Equity
$153,307

Purchase Details

Listed on
Jun 5, 2015
Closed on
Oct 6, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Williams Sherry L
Seller's Agent
Ana Wubker
Royana Realty, Ltd.
Buyer's Agent
Jeff Kellenberger
Preferred Homes Realty
List Price
$76,900
Sold Price
$63,000
Premium/Discount to List
-$13,900
-18.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$50,400
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2015
Sold by
Nationstar Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 5, 2015
Sold by
Beltran Ryan M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 9, 2010
Sold by
Dlj Mortgage Capital Inc
Bought by
Beltran Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2009
Sold by
Tolentino Teodorico
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Rivera Dominic E
Bought by
Tolentino Teodorico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
1.2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 31, 2003
Sold by
Sanchez Lenthay and Sanchez Gonzalo
Bought by
Rivera Dominic E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,700
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 2, 2000
Sold by
Kerfoot Kenneth W and Kerfoot Valentina M
Bought by
Sanchez Lenthay and Sanchez Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1996
Sold by
Mcduff Kathleen
Bought by
Kerfoot Kenneth W and Kerfoot Valentina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerritsen Michelle $150,000 Chicago Title
Williams Sherry L -- Fidelity Natl Title Ins Co
The Secretary Of Housing & Urban Develop -- None Available
Nationstar Mortgage Llc -- None Available
Beltran Ryan $75,000 Ticor
Dlj Mortgage Capital Inc -- None Available
Tolentino Teodorico $140,000 --
Rivera Dominic E $121,000 First American Title Ins Co
Sanchez Lenthay $97,000 Chicago Title Insurance Co
Kerfoot Kenneth W $83,500 Attorneys National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerritsen Michelle $142,500
Previous Owner Williams Sherry L $50,400
Previous Owner Beltran Ryan $73,641
Previous Owner Tolentino Teodorico $112,000
Previous Owner Rivera Dominic E $96,700
Previous Owner Sanchez Lenthay $92,150
Previous Owner Kerfoot Kenneth W $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $150,000 +0.1% $129 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $149,900 +137.9% $129 / Sq Ft
10/06/2015 10/06/15 Sold $63,000 -18.1% $56 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $76,900 -- $68 / 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 $2,846 $44,067 $4,864 $39,203
2023 $2,669 $39,811 $4,394 $35,417
2022 $2,608 $36,301 $4,007 $32,294
2021 $2,433 $33,939 $3,746 $30,193
2020 $2,344 $32,400 $3,576 $28,824
2019 $2,240 $30,863 $3,406 $27,457
2018 $2,175 $29,075 $3,209 $25,866
2017 $2,046 $27,487 $3,034 $24,453
2016 $1,920 $25,501 $2,815 $22,686
2015 -- $23,374 $2,580 $20,794
2014 -- $23,085 $2,548 $20,537
2013 -- $25,652 $2,615 $23,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11250510

Midwest Real Estate Data (MRED)

APN: 06-35-355-018