B
Seller's Agent in 2018
Brian Thompson
Charles Rutenberg Realty of IL
(630) 816-5485
11 Total Sales
498 Terrace Ln South Elgin, IL 60177
Thornwood NeighborhoodEstimated Value: $640,000 - $683,000
5
Beds
3
Baths
3,013
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Deck
- Double Shower
- Corron Elementary School Rated A
- Recreation Room
- Vaulted Ceiling
About This Home
As of August 2018Welcome to this beautiful 5 bedroom 3 full bath 3 car garage home in the sought after Thornwood subdivision. St Charles schools! Two blocks from Corron Elementary School. This home was constructed by Kings Court Builders. Two-story entry. Spacious eat in kitchen has cherry cabinets with built-in wine rack. Granite countertops and island with breakfast bar. Double oven range and stainless steel appliances. First floor office/den plus a first floor bedroom and full bath for added convenience. Living room with Bay Window. Large 17 ft x 14 ft Loft. Finished English basement with natural light and plenty of room for storage. Rough-in plumbing. Composite deck and brick paver patio. Walk to restaurants and shopping! Clubhouse with pool, sand volleyball, tennis and basketball courts. Original owners. A great community to live in and a great school district!
Last Agent to Sell the Property
Charles Rutenberg Realty of IL License #475105868 Listed on: 06/01/2018
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,481
Year Built
- 2003
Lot Details
- Landscaped Professionally
- Corner Lot
HOA Fees
- $39 per month
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Gas Log Fireplace
- Entrance Foyer
- Den
- Recreation Room
- Loft
- Lower Floor Utility Room
- Storage Room
- Wood Flooring
- Finished Basement
- Rough-In Basement Bathroom
- Storm Screens
Kitchen
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Double Shower
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Brick Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2018
Closed on
Aug 6, 2018
Sold by
Hutchinson Scott R and Hutchinson Anna M
Bought by
Fidanzia Thomas
Seller's Agent
Brian Thompson
Charles Rutenberg Realty of IL
Buyer's Agent
Non Member
NON MEMBER
List Price
$392,000
Sold Price
$367,000
Premium/Discount to List
-$25,000
-6.38%
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
$289,492
Avg. Annual Appreciation
8.45%
Original Mortgage
$360,352
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 17, 2003
Sold by
Stefani & Sons Development Co Inc
Bought by
Hutchinson Scott R and Hutchinson Anna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,900
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 2000
Sold by
Thornwood Associates Llc
Bought by
Stefani & Sons Development Co Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,250
Interest Rate
8%
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 |
|---|---|---|---|
| Fidanzia Thomas | $367,000 | Fidelity National Title | |
| Hutchinson Scott R | $367,500 | Chicago Title Insurance Co | |
| Stefani & Sons Development Co Inc | $1,063,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fidanzia Thomas | $286,500 | |
| Closed | Fidanzia Thomas | $360,352 | |
| Previous Owner | Hutchinson Scott R | $262,400 | |
| Previous Owner | Hutchinson Scott R | $279,500 | |
| Previous Owner | Hutchinson Scott R | $293,900 | |
| Previous Owner | Stefani & Sons Development Co Inc | $797,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2018 08/08/18 | Sold | $367,000 | -4.4% | $122 / Sq Ft |
| 06/29/2018 06/29/18 | Pending | -- | -- | -- |
| 06/12/2018 06/12/18 | Price Changed | $384,000 | -2.0% | $127 / Sq Ft |
| 06/01/2018 06/01/18 | For Sale | $392,000 | -- | $130 / 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 |
|---|---|---|---|---|
| 2024 | $13,481 | $175,523 | $29,792 | $145,731 |
| 2023 | $12,885 | $157,095 | $26,664 | $130,431 |
| 2022 | $11,914 | $142,387 | $26,563 | $115,824 |
| 2021 | $11,444 | $135,723 | $25,320 | $110,403 |
| 2020 | $11,392 | $133,192 | $24,848 | $108,344 |
| 2019 | $11,214 | $130,555 | $24,356 | $106,199 |
| 2018 | $11,432 | $132,450 | $26,033 | $106,417 |
| 2017 | $10,910 | $127,922 | $25,143 | $102,779 |
| 2016 | $11,397 | $123,429 | $24,260 | $99,169 |
| 2015 | -- | $119,972 | $23,998 | $95,974 |
| 2014 | -- | $116,125 | $23,998 | $92,127 |
| 2013 | -- | $118,184 | $27,267 | $90,917 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Thompson
-
N
Buyer's Agent in 2018
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09970197
APN: 09-05-257-009
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