$160,000
SOLD NOV 24, 2021

41 Cypress Square Elgin, IL 60123

3 Beds
2 Baths
613 Sq Ft
$180/mo HOA Fee

Recently Sold

$261 Per Sq Ft

3% Below List Price

48 Days on Market

About This Home

As of November 2021

Walk in and experience love at first site with the new floors March 2021, new windows, new bathroom vanity, house painted in 2021, Granite counter tops in kitchen, newer sliding glass door that leads to the patio for summer relaxation. Basement has plenty of storage and a room for a home office or play area for the kids.

Last Agent to Sell the Property

Brenda Rodgers

Reality Realtors Corp. License #471013043 Listed on: 08/01/2021

Last Buyer's Agent

Darlene Colosimo

Patriot Homes Group Inc. License #475148822

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,327

Year Built

  • 1975

HOA Fees

  • $180 per month

Home Design

  • 613 Sq Ft Home
  • Cedar

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 6 Units
  • Gretchen Association, Phone Number (847) 742-5555
  • Property managed by Rage Management

Pet Policy

  • Pets Allowed
  • Pets up to 75 lbs

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,327

Year Built

1975

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Townhouse-2 Story
  • Property Sub Type: Condo,Townhouse-2 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Rt 31 South of 90 to Wing Street to Garden Crescent to Cypress to PIQ
  • Lot Size: 1250
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Garden Quarter
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1226
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Basement Sq Ft: 613
  • Total Sq Ft: 613
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Dining Room Type: Study, Recreation Room
  • Stories: 2

Exterior Features

  • Exterior Building Type: Cedar
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rage Management
  • Management Contact Name: Gretchen
  • Management Phone: 847-742-5555
  • Association Fee: 180
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 46

Lot Info

  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 888.5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Nov 19, 2021
Sold by
Binion Jenola
Bought by
Franklin Jennifer
Seller's Agent
Brenda Rodgers
Reality Realtors Corp.
Buyer's Agent
Darlene Colosimo
Patriot Homes Group Inc.
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Current Estimated Value
$220,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,363
Avg. Annual Appreciation
8.84%
Original Mortgage
$156,610
Outstanding Balance
$144,108
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$76,256

Purchase Details

Listed on
Jun 18, 2012
Closed on
Oct 12, 2012
Sold by
Belko Milan
Bought by
Binion Jenola
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Ron Ewing
RE/MAX Horizon
List Price
$69,900
Sold Price
$52,500
Premium/Discount to List
-$17,400
-24.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$51,548
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Belko Milan

Purchase Details

Closed on
Feb 22, 2010
Sold by
Oconnell Deirdre and Case #09 Ch 718
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 15, 2005
Sold by
Genslinger Ronda
Bought by
Oconnell Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1996
Sold by
Sun Kuo Chung and Sun Jennie
Bought by
Genslinger Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
8%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $159,500 Attorney
Warranty Deed $52,500 Chicago Title Insurance Comp
Special Warranty Deed $69,500 None Available
Sheriffs Deed -- None Available
Warranty Deed $152,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,695 FHA
Closed $6,611 FHA
Open $156,610 FHA
Previous Owner $77,300 New Conventional
Previous Owner $69,500 New Conventional
Previous Owner $51,548 FHA
Previous Owner $121,600 Purchase Money Mortgage
Previous Owner $30,400 Stand Alone Second
Previous Owner $70,443 FHA
Previous Owner $74,642 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $160,000 -3.0% $261 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $164,900 +214.1% $269 / Sq Ft
10/12/2012 10/12/12 Sold $52,500 -4.5% $43 / Sq Ft
09/02/2012 09/02/12 Pending -- -- --
08/11/2012 08/11/12 Price Changed $55,000 -6.6% $45 / Sq Ft
07/26/2012 07/26/12 Price Changed $58,900 -12.0% $48 / Sq Ft
07/12/2012 07/12/12 Price Changed $66,900 -4.3% $55 / Sq Ft
06/18/2012 06/18/12 For Sale $69,900 -- $57 / 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 $3,327 $49,576 $3,539 $46,037
2023 $3,136 $44,788 $3,197 $41,591
2022 $3,021 $40,839 $2,915 $37,924
2021 $869 $38,181 $2,725 $35,456
2020 $889 $34,235 $2,601 $31,634
2019 $910 $32,611 $2,478 $30,133
2018 $963 $26,124 $2,334 $23,790
2017 $1,002 $24,696 $2,206 $22,490
2016 $1,039 $22,912 $2,047 $20,865
2015 -- $21,001 $1,876 $19,125
2014 -- $20,742 $1,853 $18,889
2013 -- $21,289 $1,902 $19,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11175173

Midwest Real Estate Data (MRED)

APN: 06-10-401-032