509 Arbor Ln South Elgin, IL 60177
Estimated Value: $438,000 - $508,000
4
Beds
2.5
Baths
2,250
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Entrance Foyer
- 3-minute walk to Ralph E. Tredup Park West
- Anderson Elementary School Rated A
- Central Air
About This Home
As of October 2023This gorgeous 4 bedroom home located in popular Sugar Ridge is located in top rated ST CHARLES SCHOOL DISTRICT 303 and REMODELED IN 2017 and loaded with over $65K in high quality upgrades including new kitchen hickory cabinetry, QUARTZ counter tops, STAINLESS STEEL appliances, Grohe faucets, Italian porcelain tile, Brazilian Koa HARDWOOD flooring, updated lighting including recessed lights in almost every room, upgraded switches, additional 600 sq ft dry walled basement just waiting for your own finishing touches. In addition to the 2017 Remodel. there was new siding in 2016, new water heater 2019, new Furnace 2022, a new radon mitigation system August 2023, and a new roof September 2023. WOODED back yard with mature trees and a secluded fire pit area to enjoy the outdoors. Most of the "heavy lifting" is done and all you have to do is move in and enjoy! This home is beautiful and PRIDE OF OWNERSHIP SHOWS!
Last Agent to Sell the Property
Keller Williams Inspire - Geneva License #475204586 Listed on: 09/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,722
Year Built
- Built in 1998 | Remodeled in 2017
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 52x150x96x109
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 2,250 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Sugar Ridge Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Oct 23, 2023
Sold by
Kaufman Richard E
Bought by
Raspanti Anthony James and Raspanti Gisselle
Seller's Agent
Laura Basil-O'Brien
Keller Williams Inspire - Geneva
Buyer's Agent
Jose Mendez
RE/MAX Ultimate Professionals
List Price
$398,900
Sold Price
$400,000
Premium/Discount to List
$1,100
0.28%
Total Days on Market
8
Views
184
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
$58,534
Avg. Annual Appreciation
8.91%
Original Mortgage
$320,000
Outstanding Balance
$316,057
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$142,477
Purchase Details
Listed on
Sep 21, 2023
Closed on
Oct 11, 2023
Sold by
Stepp Monica A
Bought by
Kaufman Richard E
Seller's Agent
Laura Basil-O'Brien
Keller Williams Inspire - Geneva
Buyer's Agent
Jose Mendez
RE/MAX Ultimate Professionals
List Price
$398,900
Sold Price
$400,000
Premium/Discount to List
$1,100
0.28%
Views
184
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$316,057
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$142,477
Purchase Details
Closed on
Jul 1, 2020
Sold by
Kaufman Monica A and Kaufman Richard E
Bought by
Kaufman Richard E
Purchase Details
Closed on
Jan 14, 2002
Sold by
Swe Mark E and Swe Merideth B
Bought by
Kaufman Richard E and Kaufman Monica A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,550
Interest Rate
7.14%
Purchase Details
Closed on
Nov 12, 1996
Sold by
The Northern Trust Company
Bought by
Swe Mark E and Swe Merideth B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,950
Interest Rate
7.65%
Mortgage Type
Balloon
Similar Homes in South Elgin, IL
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 |
|---|---|---|---|
| Raspanti Anthony James | $400,000 | None Listed On Document | |
| Kaufman Richard E | -- | None Listed On Document | |
| Kaufman Richard E | -- | None Available | |
| Kaufman Richard E | $238,500 | -- | |
| Swe Mark E | $176,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raspanti Anthony James | $320,000 | |
| Previous Owner | Kaufman Richard E | $266,000 | |
| Previous Owner | Kaufman Richard E | $226,550 | |
| Previous Owner | Swe Mark E | $186,252 | |
| Previous Owner | Swe Mark E | $157,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $400,000 | +0.3% | $178 / Sq Ft |
| 10/01/2023 10/01/23 | For Sale | $398,900 | 0.0% | $177 / Sq Ft |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | Price Changed | $398,900 | -1.1% | $177 / Sq Ft |
| 09/21/2023 09/21/23 | For Sale | $403,400 | -- | $179 / 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 |
|---|---|---|---|---|
| 2023 | $8,831 | $118,259 | $24,998 | $93,261 |
| 2022 | $7,722 | $101,261 | $26,746 | $74,515 |
| 2021 | $7,412 | $96,522 | $25,494 | $71,028 |
| 2020 | $7,382 | $94,723 | $25,019 | $69,704 |
| 2019 | $7,274 | $92,848 | $24,524 | $68,324 |
| 2018 | $6,830 | $87,165 | $23,592 | $63,573 |
| 2017 | $6,502 | $84,184 | $22,785 | $61,399 |
| 2016 | $7,362 | $81,228 | $21,985 | $59,243 |
| 2015 | -- | $76,346 | $21,748 | $54,598 |
| 2014 | -- | $74,731 | $21,748 | $52,983 |
| 2013 | -- | $75,478 | $21,965 | $53,513 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Basil-O'Brien
Seller's Agent in 2023
Laura Basil-O'Brien
Keller Williams Inspire - Geneva
(630) 640-6999
17 Total Sales
-
Jose Mendez
Buyer's Agent in 2023
Jose Mendez
RE/MAX
(630) 559-6688
112 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11889370
APN: 09-03-203-032
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