NOT LISTED FOR SALE

50 S Grove Ave Unit 211 Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $150,000 - $183,000

1 Bed
2 Baths
937 Sq Ft
$287/mo HOA Fee

Last Sold January 28, 2015

Last sale price $80,000 $85 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,492/month

1 Day on Market

Highlights

  • Den
  • Property is near a bus stop
  • 1-minute walk to Riverside Drive Promenade
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2015

Beautiful condo in secure building with awesome views. Heated indoor garage parking, granite counter tops, beautiful over-sized master bath, washer dryer, lots of windows and beautiful window treatments, den and high ceilings are just a few of the great features of this ready to move into condo. Gas,water,basic cable and internet included in association. Dont let this one get away!!

Last Agent to Sell the Property

Kathleen O'Reilly

RE/MAX Horizon License #475130376 Listed on: 01/15/2015

RE/MAX Horizon

Last Buyer's Agent

Ron Lange

Preferred Homes Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,949

Year Built

  • 2007

HOA Fees

  • $287 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,949

Year Built

2007

Lot Details

0

HOA Fees

$287 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train, Flood Zone
  • Unit Floor Level: 2
  • Age: 6-10 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 2007
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 2007

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 9X8, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 937

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK
  • Assessment Includes: Water, Gas, Security, TV/Cable, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 287

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 0614433058

Multi Family

  • Total Number Unitsin Building: 93
  • Number Stories: 7

Tax Info

  • Taxes: 2456.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jan 27, 2015
Sold by
Burchfield Aaron
Bought by
Elgin Condominium Residences Lp
Seller's Agent
Kathleen O'Reilly
RE/MAX Horizon
Buyer's Agent
Ron Lange
Preferred Homes Realty
List Price
$83,500
Sold Price
$80,000
Premium/Discount to List
-$3,500
-4.19%
Current Estimated Value
$165,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,674
Avg. Annual Appreciation
7.03%

Purchase Details

Listed on
Nov 29, 2011
Closed on
Dec 21, 2011
Sold by
Fannie Mae
Bought by
Burchfield Aaron
Seller's Agent
Kevin Schudel
Buy It Inc
Buyer's Agent
Kathleen O'Reilly
RE/MAX Horizon
List Price
$64,900
Sold Price
$68,145
Premium/Discount to List
$3,245
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$54,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2011
Sold by
Ash Patrick J and Ash Kara L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 30, 2007
Sold by
Rsc Elgin Llc
Bought by
Ash Patrick J and Ash Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,256
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
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
Elgin Condominium Residences Lp $80,000 Chicago Title Insurance Co
Burchfield Aaron $68,500 Servicelink
Federal National Mortgage Association -- First Title
Ash Patrick J $190,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burchfield Aaron $54,500
Previous Owner Ash Patrick J $142,256
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2015 01/28/15 Sold $80,000 -4.2% $85 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $83,500 +22.5% $89 / Sq Ft
01/31/2012 01/31/12 Sold $68,145 0.0% $73 / Sq Ft View Prior Sale
11/29/2011 11/29/11 Off Market $68,145 -- --
11/29/2011 11/29/11 For Sale $64,900 -- $69 / 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 $3,949 $49,340 $3,617 $45,723
2023 $3,800 $44,575 $3,268 $41,307
2022 $3,524 $40,645 $2,980 $37,665
2021 $3,390 $38,000 $2,786 $35,214
2020 $3,309 $36,277 $2,660 $33,617
2019 $3,227 $34,556 $2,534 $32,022
2018 $3,219 $32,554 $2,387 $30,167
2017 $3,165 $30,776 $2,257 $28,519
2016 $3,045 $28,552 $2,094 $26,458
2015 -- $26,170 $1,919 $24,251
2014 -- $27,143 $1,895 $25,248
2013 -- $30,112 $1,945 $28,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08817779

Midwest Real Estate Data (MRED)

APN: 06-14-433-058