40W595 Prairie Crossing Elgin, IL 60124
Plato Center NeighborhoodEstimated Value: $538,468 - $599,000
3
Beds
2.5
Baths
3,000
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Landscaped Professionally
- Property is adjacent to nature preserve
- Howard B. Thomas Grade School Rated 9+
- Deck
- Vaulted Ceiling
About This Home
As of October 2018REFRESHED & NEW PICTURES!! Brick custom home on over an Acre in Oak Ridge Farm in Plato Center ~ Hardwood floors throughout first floor & stairs ~ 1st Fl Office/Den ~ Kitchen features white Corian counters, breakfast bar/island, 42" trimmed cabinets open to cathedral ceilings in Family Room w/ floor to ceiling custom-made brick fireplace w/ beautiful wood mantle ~ 3 oversized bedrooms, walk-in closets & tray ceilings upstairs incl. master suite & laundry shoot ~ 9 ft. ceilings up & down ~ Full basement w/ high ceilings & partially finished exercise room & plumbed in for bath ~ reverse osmosis system ~ custom retractable awnings ~ Deck w/ new railings overlooks gorgeous landscaped yard ~ BURLINGTON Schools! ~ Absolutely wonderful location at end of subdivision w/ views of Fitchie ~ Near Rte 20, I90, Metra & near Fitchie Creek Forest Preserve w/ horse riding trails, ponds & walking paths ~ Original owners impeccably maintained this home for it's new owners!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475167094 Listed on: 06/29/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,909
Year Built
- Built in 1995
Lot Details
- 1.29 Acre Lot
- Property is adjacent to nature preserve
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage ceiling height seven feet or more
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Whole House Fan
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- Home Office
- Home Gym
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Dual Sinks
- Garden Bath
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Porch
Schools
- Howard B Thomas Grade Elementary School
- Prairie Knolls Middle School
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- 200+ Amp Service
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance
- Association Phone (847) 697-2000
- Oak Ridge Farm Subdivision, Custom Floorplan
- Property managed by Premier Living Properties
Recreation
- Horse Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2018
Closed on
Oct 17, 2018
Sold by
Loiacono Peter A and Loiacono Sara B
Bought by
Lea Michael and Lea Heather
Seller's Agent
Beth Armstrong
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Bob Wisdom
RE/MAX Horizon
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Total Days on Market
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,367
Avg. Annual Appreciation
6.70%
Original Mortgage
$275,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 1995
Sold by
Blackhawk Builders Inc
Bought by
Loiacono Peter A and Loiacono Sara B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.28%
Purchase Details
Closed on
Aug 4, 1995
Sold by
Russell Road Oak Ridge Development Corp
Bought by
Blackhawk Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.43%
Similar Homes in Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lea Michael | $375,000 | Chicago Title Insurance Co | |
| Loiacono Peter A | $254,000 | Chicago Title Insurance Co | |
| Blackhawk Builders Inc | $64,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lea Michael E | $273,850 | |
| Closed | Lea Michael E | $272,750 | |
| Closed | Lea Michael | $275,000 | |
| Previous Owner | Loiacono Peter A | $100,000 | |
| Previous Owner | Loiacono Peter A | $100,000 | |
| Previous Owner | Loiacono Peter A | $160,000 | |
| Previous Owner | Blackhawk Builders Inc | $205,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2018 10/17/18 | Sold | $375,000 | -3.6% | $125 / Sq Ft |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- |
| 07/17/2018 07/17/18 | Price Changed | $389,000 | -1.5% | $130 / Sq Ft |
| 06/29/2018 06/29/18 | For Sale | $395,000 | -- | $132 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $10,199 | $132,119 | $28,333 | $103,786 |
| 2022 | $11,174 | $137,762 | $24,917 | $112,845 |
| 2021 | $10,629 | $127,899 | $24,072 | $103,827 |
| 2020 | $10,591 | $125,600 | $23,639 | $101,961 |
| 2019 | $10,586 | $123,976 | $23,333 | $100,643 |
| 2018 | $10,238 | $125,720 | $24,105 | $101,615 |
| 2017 | $8,909 | $109,690 | $23,494 | $86,196 |
| 2016 | $9,434 | $107,088 | $22,937 | $84,151 |
| 2015 | -- | $107,088 | $22,937 | $84,151 |
| 2014 | -- | $100,923 | $22,937 | $77,986 |
| 2013 | -- | $104,757 | $23,329 | $81,428 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Armstrong
Seller's Agent in 2018
Beth Armstrong
Berkshire Hathaway HomeServices Starck Real Estate
(847) 612-4448
210 Total Sales
-
Bob Wisdom
Buyer's Agent in 2018
Bob Wisdom
RE/MAX
(847) 695-8348
5 in this area
685 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10002484
APN: 05-23-328-005
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