NOT LISTED FOR SALE

41W570 Silvana Dr Unit 2 Elgin, IL 60124

Estimated Value: $489,000 - $545,000

4 Beds
3 Baths
2,429 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $347,000 $143 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,474/month

56 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Attached Garage
  • Lily Lake Grade School Rated A-
  • Home Office
  • Breakfast Bar

About This Home

As of October 2018

Enjoy the tranquility of country living in this wonderfully maintained home in western Elgin. Newer bamboo flooring on the first level. The kitchen features white cabinetry, stainless steel appliances, granite countertops and tile backsplash. Ceiling fans in all of the bedrooms. The master bath has separate shower and soaking tub and separate 34" vanities. Enjoy summer evenings from the deck or the 13" X 13" screened in porch. This home sits on a high lot with beautiful landscaping and gorgeous older oaks at the rear of the lot. Burlington school district 301!

Last Agent to Sell the Property

Robert Kopp

eXp Realty - Geneva License #471019024 Listed on: 07/19/2018

eXp Realty - Geneva

Last Buyer's Agent

Lori Moses

HomeSmart Connect LLC License #475088129

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,539

Year Built

  • 1998

Lot Details

  • 1.3

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Gas Log Fireplace
  • Home Office
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

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

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,539

Year Built

1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1998
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X12, On Level: Main Level, Flooring: Other
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Other
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Other
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space
  • Additional Rooms: Office
  • Master Bedroom: Dimensions: 16X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 13X10, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2429
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X15, On Level: Main Level, Flooring: Other

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Vinyl Siding, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio, Porch Screened
  • Acreage: 1.3

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 2500

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 51401
  • Parcel Identification Number: 0527376008

Tax Info

  • Taxes: 7311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Oct 12, 2018
Sold by
Fay Michael J and Fay Donna
Bought by
Allison Kevin and Allison Stephanie
Seller's Agent
Robert Kopp
eXp Realty - Geneva
Buyer's Agent
Lori Moses
HomeSmart Connect LLC
List Price
$359,900
Sold Price
$347,000
Premium/Discount to List
-$12,900
-3.58%
Current Estimated Value
$509,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,316
Avg. Annual Appreciation
5.59%
Original Mortgage
$329,650
Outstanding Balance
$289,706
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$219,610

Purchase Details

Closed on
Apr 22, 2005
Sold by
Fay Michael and Fay Donna L
Bought by
Fay Michael J and Fay Donna

Purchase Details

Closed on
Oct 19, 1994
Sold by
First American Bank
Bought by
Fay Michael and Fay Donna L
Source: Public Records

Range of Values:

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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
Allison Kevin $347,000 Chicago Title Insurance Co
Fay Michael J -- Chicago Title Insurance Comp
Fay Michael $60,000 Advanced Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison Kevin $329,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $347,000 -2.3% $143 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $355,000 -1.4% $146 / Sq Ft
07/19/2018 07/19/18 For Sale $359,900 -- $148 / 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 $9,539 $132,781 $27,638 $105,143
2023 $9,164 $120,109 $25,000 $95,109
2022 $9,527 $118,924 $23,138 $95,786
2021 $9,062 $109,922 $22,353 $87,569
2020 $9,027 $107,946 $21,951 $85,995
2019 $9,022 $106,550 $21,667 $84,883
2018 $7,514 $90,197 $20,665 $69,532
2017 $7,312 $86,999 $20,141 $66,858
2016 $7,750 $84,935 $19,663 $65,272
2015 -- $82,698 $19,663 $63,035
2014 -- $81,029 $19,663 $61,366
2013 -- $84,014 $19,999 $64,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10024586

Midwest Real Estate Data (MRED)

APN: 05-27-376-008