41W022 Chippewa Pass Elgin, IL 60124
Plato Center NeighborhoodEstimated Value: $746,669 - $928,000
4
Beds
3.5
Baths
5,500
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Barn
- Horses Allowed On Property
- Deck
- Howard B. Thomas Grade School Rated 9+
- 5.06 Acre Lot
- Recreation Room
About This Home
As of March 2023This custom-built Ranch home is on over five acres with a fabulous 110x60-foot cleary building with an indoor barn and indoor arena. This six bedrooms (four on the main floor and two in the basement), three and one-half baths and three-car insulated heated garage. 4th bedroom currently used as an office. This home has 5,500 square feet of living space (including the lower level). Features an open kitchen with hickory cabinets, newer stainless appliances, farmhouse sink with a Moen motion sensor faucet, new granite countertops and an island. A great room offers a custom stone wood-burning fireplace with large windows and views of the pastures. The large primary bedroom with a walk-in closet and a private en suite has double sinks, a separate shower and a jetted tub. There is a large mud/laundry room with a huge pantry, outside access and access to the oversized three-car garage. A finished lower level boasts two bedrooms, a full bath and a home theater. The home has magnificent views of the property and pastures. The barn has plenty of room for hay and equipment storage, four generous-sized stalls, heated tack room, wash rack with warm water and shuck fencing. The whole house and barn are hard-wired for internet and cable. Parking pad for RV, boat or trailer. Many updates include the brand new water softener filtration system, new Trane furnace and AC unit, newly stained exterior, professional landscaping and lighting.
Last Agent to Sell the Property
Coldwell Banker Realty License #475135658 Listed on: 01/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,205
Year Built
- Built in 2003
Lot Details
- 5.06 Acre Lot
- Lot Dimensions are 82x911x917x80
- Partially Fenced Property
- Paved or Partially Paved Lot
- Irregular Lot
- Additional Parcels
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 5,500 Sq Ft Home
- Bookcases
- Wood Burning Fireplace
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Family or Dining Combination
- Recreation Room
- Workshop
- Storage Room
- Utility Room with Study Area
- Wood Flooring
Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Potential Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Deck
Schools
- Howard B Thomas Grade Elementary School
- Prairie Knolls Middle School
- Central High School
Farming
- Barn
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 200+ Amp Service
- Well
- Water Softener is Owned
- Private or Community Septic Tank
Community Details
- Horse Trails
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2023
Closed on
Mar 22, 2023
Sold by
Conner Kip and Conner Jennifer
Bought by
Bartlett Matthew and Bartlett Kristi
Seller's Agent
Maggie Makris
Coldwell Banker Realty
Buyer's Agent
Rosy Reynolds
Baird & Warner
List Price
$839,000
Sold Price
$775,000
Premium/Discount to List
-$64,000
-7.63%
Total Days on Market
50
Views
140
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
$67,667
Avg. Annual Appreciation
3.93%
Original Mortgage
$560,000
Outstanding Balance
$548,212
Interest Rate
7%
Mortgage Type
Construction
Estimated Equity
$294,455
Purchase Details
Closed on
Dec 8, 2017
Sold by
Fears Michael J and Fears Michele M
Bought by
Conner Kip and Conner Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2001
Sold by
Moser Earl L and Moser Jeannette L
Bought by
Fears Michael J and Fears Michele M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,800
Interest Rate
6.62%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Bartlett Matthew | $775,000 | Chicago Title | |
| Conner Kip | $542,000 | None Available | |
| Fears Michael J | $167,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bartlett Matthew | $560,000 | |
| Previous Owner | Conner Kip | $424,100 | |
| Previous Owner | Fears Michael J | $200,000 | |
| Previous Owner | Fears Michael J | $137,500 | |
| Previous Owner | Fears Michael J | $150,200 | |
| Previous Owner | Fears Michael J | $233,000 | |
| Previous Owner | Fears Michael J | $428,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $775,000 | -7.6% | $141 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 01/09/2023 01/09/23 | For Sale | $839,000 | -- | $153 / 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 | $16,357 | $196,896 | $25,561 | $171,335 |
| 2022 | $16,728 | $193,277 | $23,621 | $169,656 |
| 2021 | $16,111 | $181,615 | $22,764 | $158,851 |
| 2020 | $16,115 | $178,913 | $22,298 | $156,615 |
| 2019 | $16,103 | $176,990 | $21,955 | $155,035 |
| 2018 | $13,913 | $154,216 | $22,620 | $131,596 |
| 2017 | $10,950 | $121,269 | $22,006 | $99,263 |
| 2016 | $11,622 | $118,753 | $21,442 | $97,311 |
| 2015 | -- | $118,713 | $21,402 | $97,311 |
| 2014 | -- | $112,498 | $21,374 | $91,124 |
| 2013 | -- | $116,057 | $21,732 | $94,325 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Makris
Seller's Agent in 2023
Maggie Makris
Coldwell Banker Realty
(847) 347-5127
1 in this area
30 Total Sales
-
Rosy Reynolds
Buyer's Agent in 2023
Rosy Reynolds
Baird Warner
(630) 440-8223
1 in this area
39 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11697474
APN: 05-22-200-049
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