NOT LISTED FOR SALE

505 Lowell Dr Unit 3 South Elgin, IL 60177

Estimated Value: $255,000 - $266,000

2 Beds
2 Baths
1,220 Sq Ft
$138/mo HOA Fee

Last Sold August 25, 2020

Last sale price $172,000 $141 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,900/month

2 Days on Market

Highlights

  • Deck
  • Pond
  • Walk-In Pantry
  • South Elgin High School Rated A-
  • Recreation Room
  • Stainless Steel Appliances

About This Home

As of August 2020

This is a Stunning, Move-in Ready 2-Story Townhouse with pond views and a Full Finished Basement. The moment you enter the foyer you will see what makes this property so special. The LR & DR have beautiful water resistant flooring (2019) and gorgeous wood trim that creates an amazing space to entertain family and friends. The updated kitchen with granite counters, backsplash, pantry, and stainless steel appliances make the kitchen a cook's delight. Upstairs you will be WOWed by the size of the Master Bedroom that has a high ceiling, sitting area, lots of closet space & new water & stain resistant carpeting (2019). Jack N Jill bathroom with dual sinks in master bedroom makes getting ready in the morning easy! Large second bedroom has water front view! The full finished basement is perfect for entertaining; especially on game day. Lots of Storage too!! Enjoy your morning coffee out on the deck and relax at the end of the day on your front porch that overlooks the pond. So Many Updates: 1st & 2nd Floors Freshly Painted (2019), Refinished tub and tile in 2nd floor bathroom (2019), High-Efficiency Toilets (2019), Energy Saving LED Lights throughout, Deck to be refinished prior to closing, Passive Radon System, Roof (2016), Alarm System & whole house duct cleaning and sanitized (2019). Close to all the shopping and dining that Randall Road offers.

Last Agent to Sell the Property

Patrice Boenzi

Fathom Realty IL LLC License #471020060 Listed on: 07/15/2020

Co-Listed By

Beth Lindner

Fathom Realty IL LLC License #471001603

Last Buyer's Agent

Brian Knott

RE/MAX Horizon License #475142989

RE/MAX Horizon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,618

Year Built

  • 1993

HOA Fees

  • $138 per month

Parking

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

Home Design

  • Vinyl Siding

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener is Owned

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,618

Year Built

1993

Lot Details

0

HOA Fees

$138 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1993
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X16, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Water Softener Owned
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 9X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 20X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 27X21, On Level: Lower, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1220
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: Yes
  • Exterior Property Features: Deck, Porch

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 138
  • Management Contact Name: Stephanie
  • Management Phone: 847-695-6400

Fee Information

  • Management Company: Preferred Management

Schools

  • School District: 46
  • Elementary School: Fox Meadow Elementary School
  • Middle School: Kenyon Woods Middle School
  • High School: South Elgin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Pond
  • Parcel Identification Number: 0634104060

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 3509.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 25, 2020
Sold by
Lee Alexis and Lee Brandon
Bought by
Heinz Jennifer T
Seller's Agent
Patrice Boenzi
Fathom Realty IL LLC
Buyer's Agent
Brian Knott
RE/MAX Horizon
List Price
$175,000
Sold Price
$172,000
Premium/Discount to List
-$3,000
-1.71%
Current Estimated Value
$260,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,474
Avg. Annual Appreciation
8.41%
Original Mortgage
$144,480
Outstanding Balance
$128,452
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$132,022

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 26, 2019
Sold by
Keally Matthew and Keally Lauren
Bought by
Lee Brandon and Lee Alexis
Seller's Agent
Noel Alcantara
Fathom Realty IL LLC
Buyer's Agent
Robert Gram
Keller Williams Premiere Properties
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$151,905
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2014
Closed on
Mar 2, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Keally Matthew
Seller's Agent
Robert Kopp
eXp Realty - Geneva
Buyer's Agent
Gloria Santaniello
Fulton Grace Realty
List Price
$144,900
Sold Price
$137,000
Premium/Discount to List
-$7,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$130,150
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2014
Sold by
Manual Mary L and Wells Fargo Bank Na
Bought by
Ct Land Trust #8002360077

Purchase Details

Closed on
Jun 25, 2001
Sold by
Horn Joy
Bought by
Manual Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.27%

Purchase Details

Closed on
Mar 14, 2001
Sold by
Horn Charles F
Bought by
Horn Joy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heinz Jennifer T $172,000 Attorney
Lee Brandon $160,000 Fort Dearborn Title
Keally Matthew $137,000 Chicago Title Land Trust Co
Ct Land Trust #8002360077 $68,500 None Available
Manual Mary L $133,000 --
Horn Joy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Jennifer T $144,480
Previous Owner Lee Brandon $151,905
Previous Owner Keally Matthew $130,150
Previous Owner Manual Mary L $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2020 08/25/20 Sold $172,000 -1.7% $141 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $175,000 +9.4% $143 / Sq Ft
04/26/2019 04/26/19 Sold $159,900 0.0% $131 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $159,900 +16.7% $131 / Sq Ft
03/04/2015 03/04/15 Sold $137,000 -5.5% $112 / Sq Ft View Prior Sale
01/16/2015 01/16/15 Pending -- -- --
12/14/2014 12/14/14 For Sale $144,900 -- $119 / 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 $4,618 $66,519 $17,175 $49,344
2023 $4,371 $60,095 $15,516 $44,579
2022 $4,199 $54,796 $14,148 $40,648
2021 $3,939 $51,230 $13,227 $38,003
2020 $3,656 $47,179 $12,627 $34,552
2019 $3,509 $44,941 $12,028 $32,913
2018 $3,425 $42,337 $11,331 $31,006
2017 $3,240 $40,024 $10,712 $29,312
2016 $3,065 $37,132 $9,938 $27,194
2015 -- $34,035 $9,109 $24,926
2014 -- $31,582 $8,997 $22,585
2013 -- $32,415 $9,234 $23,181
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10782971

Midwest Real Estate Data (MRED)

APN: 06-34-104-060