NOT LISTED FOR SALE

41W550 Lenz Rd Elgin, IL 60124

Estimated Value: $399,000 - $440,000

4 Beds
2 Baths
1,548 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $265,000 $171 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,922/month

23 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Whirlpool Bathtub
  • Lily Lake Grade School Rated A-
  • Ranch Style House
  • Attached Garage

About This Home

As of March 2020

JUST UNDER AN ACRE! ONE OWNER HOME! SPACE FOR ALL THE BIG TOYS OR HOBBY CAR SHOP! TONS OF STORAGE IN THE 26 X 48 FOOT HEATED GARAGE WITH LOFT! ADDED ABOUT 20 YEARS AGO. SEMI TRUCKS OR RV'S.HEATED WITH 300.000 BTU FURNACE AND 200 AMP SERVICE. USE IT FOR SO MANY THINGS! ALSO LOFT FOR OFF THE FLOOR STORAGE AND LOCKED TOOL ROOM. THE 3 BEDROOM OFFERS AMAZING SPACE, KITCHEN WITH TONS OF CABINETS AND PLENTY OF COUNTER SPACE.COZY UP TO THE GAS STARTER WOOD BURNING FIREPLACE LIVING ROOM MASTER HAS JACK AND JILL BATHROOM, 2 OTHER NICE SIZED MAIN FLOOR BEDROOMS. WALK OUT BASEMENT CAN BE USED AS TRUE IN-LAW ARRANGEMENT. BATHROOM WITH JETTED TUB, KITCHEN AREA. AND A LIVING SPACE WITH ANOTHER WOOD BURNING FIREPLACE. VARIOUS OTHER ROOMS FOR ADDED STORAGE. BACKYARD HAS A DECK AND A CONCRETE PATIO PERFECT FOR LOTS OF SUMMER TIME FUN! PLUS IT IS BURLINGTON SCHOOL DISTRICT 301. PERFECT FOR ANY HOBBY PERSON!

Last Agent to Sell the Property

Betty Ebert-Rylko

Baird & Warner Fox Valley - Geneva License #471001462 Listed on: 01/10/2020

Baird & Warner Fox Valley -  Geneva

Last Buyer's Agent

Jacqueline Rausa

Berkshire Hathaway HomeServices American Heritage License #475142308

Berkshire Hathaway HomeServices American Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,325

Year Built

  • 1980

Lot Details

  • Rural Setting
  • Mature Trees

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,325

Year Built

1980

Lot Details

0

Parking

6

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1548
  • Unfinished Basement Sq Ft: 96
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner, Senior
  • Rural: Y
  • Total Sq Ft: 2844
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Equipment: Sump Pump
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 4: Dimensions: 15X12, On Level: Basement, Flooring: Vinyl
  • Estimated Sq Ft: 1548
  • Estimated Total Finished Sq Ft: 2748
  • Basement Sq Ft: 1296
  • Basement Finished Sq Ft: 1200
  • Main Level Sq Ft: 1548
  • Family Room: Dimensions: 24X20, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Acreage: 0.97

Garage/Parking

  • Number of Cars: 6
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 6
  • Driveway: Asphalt
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1404

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 147X291
  • Lot Description: Mature Trees
  • Parcel Identification Number: 0527377008

Tax Info

  • Taxes: 6338.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Mar 30, 2020
Sold by
Beart Thomas C and Beart Dianne B
Bought by
Lotz Darwin T and Lotz Sharon T
Seller's Agent
Betty Ebert-Rylko
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Jacqueline Rausa
Berkshire Hathaway HomeServices American Heritage
List Price
$279,999
Sold Price
$265,000
Premium/Discount to List
-$14,999
-5.36%
Current Estimated Value
$423,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,622
Avg. Annual Appreciation
8.71%
Original Mortgage
$80,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Lotz Darwin T $265,000 Attorneys Ttl Guaranty Fund
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lotz Darwin T $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $265,000 -5.4% $171 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $279,999 -- $181 / 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 $8,325 $116,334 $27,638 $88,696
2023 $7,990 $105,232 $25,000 $80,232
2022 $7,902 $99,182 $23,138 $76,044
2021 $7,832 $95,818 $22,353 $73,465
2020 $7,358 $94,096 $21,951 $72,145
2019 $7,347 $92,879 $21,667 $71,212
2018 $6,339 $82,031 $20,665 $61,366
2017 $6,152 $79,147 $20,141 $59,006
2016 $6,063 $72,752 $19,663 $53,089
2015 -- $68,680 $19,663 $49,017
2014 -- $69,114 $19,663 $49,451
2013 -- $71,585 $19,999 $51,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10607952

Midwest Real Estate Data (MRED)

APN: 05-27-377-008