41W527 Russell Rd Elgin, IL 60124
Plato Center NeighborhoodEstimated Value: $591,000 - $802,000
3
Beds
3
Baths
2,600
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Water Views
- Horses Allowed On Property
- Pond
- Howard B. Thomas Grade School Rated 9+
- Deck
- Vaulted Ceiling
About This Home
As of December 2018AWESOME RANCH HOME COMPLETELY RENOVATED AND EXPANDED 11 YEARS AGO. THIS HOME IS LOCATED ON A NEARLY 10 ACRE LOT WITH A 3/4 ACRE SCENIC POND AND APPROX. 4000 SF OUTBUILDING WITH SEPARATE DRIVEWAY. HOUSE HAD ALL THE MAJOR SYSTEMS ALONG WITH THE ROOF AND SIDING NEW IN '07. REMODELED KITCHEN AND ALL THREE BATHS. HARDWOOD FLOORS THROUGHOUT FOYER, LR, DR, KITCHEN AND DINETTE. COUNTRY KITCHEN ADJOINS HUGE FAMILY ROOM WITH VAULTED CEILING AND PATIO DOORS LEADING TO DECK. ENORMOUS MASTER BEDROOM WITH VAULTED CEILING AND PATIO DOOR TO SEPARATE PATIO. WALK-IN CLOSET COMPLETELY BUILT-OUT WITH SHELVING AND DRAWERS. LUXURY MASTER BATH. 1ST FLOOR MUD ROOM ENTRY FROM GARAGE AS WELL AS SEPARATE LAUNDRY ROOM LOCATED BY THE BEDROOMS. FULL PARTIALLY FINISHED BASEMENT WITH LOTS OF ROOM FOR ADDITIONAL ROOMS. MORTON BUILDING HAS 16' OH DOOR, 2 HORSE STALLS, PEN AND PLENTY OF STORAGE SPACE. 3 FENCED PASTURES AND SEPARATE 3 ACRE HAY FIELD. ENJOY THE POND VIEW FROM THE REAR WINDOW AND DECK! 301 SCHOOLS.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 09/28/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,775
Year Built
- 1951
Lot Details
- 9
Parking
- Attached Garage
- Tandem Garage
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Concrete Siding
- Box Stalls
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Vaulted Ceiling
- Mud Room
- Breakfast Room
- Wood Flooring
- Water Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Oven or Range
- Freezer
- Dishwasher
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Pond
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Rights
- Well
- Private or Community Septic Tank
Additional Features
- Fenced Yard
- Horses Allowed On Property
Listing and Financial Details
- $8,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2018
Closed on
Dec 1, 2018
Sold by
Nomellini Phillip G and Nomellini Laurie A
Bought by
Medrano Omar
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Hebert Garcia
Realty Executives Advance
List Price
$499,000
Sold Price
$499,000
Total Days on Market
10
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
$213,133
Avg. Annual Appreciation
5.72%
Original Mortgage
$399,200
Outstanding Balance
$355,101
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$360,858
Similar Homes in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medrano Omar | $499,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medrano Omar | $399,200 | |
| Previous Owner | Nomellini Phillip G | $268,620 | |
| Previous Owner | Nomellini Phillip G | $165,000 | |
| Previous Owner | Nomellini Phillip G | $164,000 | |
| Previous Owner | Nomellini Phillip G | $159,000 | |
| Previous Owner | Nomellini Phillip G | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2018 12/05/18 | Sold | $499,000 | 0.0% | $192 / Sq Ft |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- |
| 09/28/2018 09/28/18 | For Sale | $499,000 | -- | $192 / 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 | $7,775 | $101,319 | $27,394 | $73,925 |
| 2022 | $8,023 | $99,250 | $25,325 | $73,925 |
| 2021 | $7,673 | $92,702 | $24,352 | $68,350 |
| 2020 | $7,637 | $90,975 | $23,778 | $67,197 |
| 2019 | $7,624 | $89,721 | $23,339 | $66,382 |
| 2018 | $7,406 | $87,719 | $24,300 | $63,419 |
| 2017 | $7,296 | $85,569 | $23,595 | $61,974 |
| 2016 | $8,058 | $86,860 | $22,949 | $63,911 |
| 2015 | -- | $78,277 | $20,839 | $57,438 |
| 2014 | -- | $78,203 | $20,765 | $57,438 |
| 2013 | -- | $79,305 | $21,000 | $58,305 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Seller's Agent in 2018
Ben Henrikson
RE/MAX
(847) 931-7500
4 in this area
129 Total Sales
-
Hebert Garcia
Buyer's Agent in 2018
Hebert Garcia
Realty Executives
(847) 514-1168
235 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10097697
APN: 05-22-127-009
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