NOT LISTED FOR SALE

50 S Grove Ave Unit 807 Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $191,000 - $213,000

2 Beds
2 Baths
1,194 Sq Ft
$905/mo HOA Fee

Last Sold June 02, 2022

Last sale price $165,000 $138 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,236/month

62 Days on Market

Highlights

  • River Front
  • Granite Countertops
  • Balcony
  • Wood Flooring
  • Elevator
  • 1-minute walk to Riverside Drive Promenade

About This Home

As of June 2022

AMAZING, CORNER PENTHOUSE ON TOP FLOOR OVERLOOKING FOX RIVER!! 2 BR, 2 BATH unit has so much to offer! Bamboo hardwood flooring throughout the main living space! Kitchen offers 42" cabinetry, granite counter tops, and stainless steel appliances! Floor to ceiling windows with river view looking out to the south and west! Cozy up to your fireplace during those winter months! Enjoy your nice balcony during the warmer months! Walking distance to restaurants, shops, public transportation, casino and so much more! Hurry and schedule your showing today!

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 02/14/2022

Last Buyer's Agent

Michelle Wendell

Berkshire Hathaway HomeServices Starck Real Estate License #475134142

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 2007

HOA Fees

  • $905 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,194 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Balcony
  • River Front

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, tv/cable, exterior maintenance, lawn care, scavenger, internet
  • 93 Units
  • David Multack Association, Phone Number (847) 504-8000
  • Fountain Square On The River Subdivision
  • Property managed by Fountain Square On The River Condo Association
  • 8-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets up to 25 lbs
  • Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,788

Year Built

Built in 2007

Lot Details

0

HOA Fees

$905 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Fountain Square on the River
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Storage, Granite Counters
  • LivingArea: 1194
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1194
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 170000
  • Lot Features: River Front, Water View
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 905
  • Association Amenities: Elevator(s), Storage, On Site Manager/Engineer
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Fountain Square On The River Condo Association
  • Management Contact Name: David Multack
  • Management Phone: 847-504-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Internet

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3788.32
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Jun 25, 2022
Sold by
Leslie Foley
Bought by
Leslie A Foley Trust
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Michelle Wendell
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$198,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,591
Avg. Annual Appreciation
5.49%

Purchase Details

Listed on
Aug 14, 2018
Closed on
Mar 13, 2019
Sold by
Gilliam Marianne E
Bought by
Excel Market Solutions Llc
Seller's Agent
Dale Grischow
RE/MAX Excels
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$145,000
Sold Price
$143,000
Premium/Discount to List
-$2,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Dec 4, 2007
Sold by
Rsc Elgin Llc
Bought by
Gilliam Robert and Gilliam Marianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.27%
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
Leslie A Foley Trust -- Wifler Law Group Pc
Excel Market Solutions Llc $143,000 Fidelity National Title
Gilliam Robert $313,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilliam Marianne E $251,100
Previous Owner Gilliam Robert $280,000
Previous Owner Gilliam Robert $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $165,000 -2.9% $138 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $170,000 +3.0% $142 / Sq Ft
04/05/2022 04/05/22 Off Market $165,000 -- --
04/02/2022 04/02/22 For Sale $170,000 0.0% $142 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $170,000 +18.9% $142 / Sq Ft
04/10/2019 04/10/19 Sold $143,000 -1.4% $119 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
08/14/2018 08/14/18 For Sale $145,000 -- $121 / 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 $2,804 $56,494 $3,716 $52,778
2023 $2,987 $51,038 $3,357 $47,681
2022 $4,035 $46,538 $3,061 $43,477
2021 $3,882 $43,510 $2,862 $40,648
2020 $3,788 $41,537 $2,732 $38,805
2019 $3,135 $39,566 $2,602 $36,964
2018 $3,092 $37,273 $2,451 $34,822
2017 $3,007 $35,236 $2,317 $32,919
2016 $2,847 $32,690 $2,150 $30,540
2015 -- $29,964 $1,971 $27,993
2014 -- $31,089 $1,947 $29,142
2013 -- $34,510 $1,998 $32,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11324554

Midwest Real Estate Data (MRED)

APN: 06-14-433-137