Louise Berger
RE/MAX Plaza
(815) 923-3645
57 Total Sales
1 in Far West Elgin
$475,000 Price
514 Madison Ln Elgin, IL 60123
Far West Elgin NeighborhoodEstimated Value: $318,000 - $350,159
2
Beds
2.5
Baths
1,771
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Deck
- Loft
- Soaking Tub
- Wood Flooring
- 2 Car Attached Garage
- Breakfast Bar
About This Home
As of November 2025Welcome to this spacious and well-maintained 2-bedroom, 2.5-bath townhome, perfect for comfortable living and effortless entertaining. Step inside to find an inviting main level featuring a modern kitchen with ample cabinet space, and an eating area. Open dining room with abundance of natural light flowing into family room with gas fireplace. A convenient half-bath completes the main floor. Upstairs, you'll find a loft plus two generously sized bedrooms, each with its own en-suite full bathroom-ideal for privacy and relaxation. The primary suite boasts a large closet and plenty of natural light. Downstairs, the full basement offers endless potential. Partially finished, it includes a versatile flex space that can be used as a family room, home office, gym, or hobby area. The unfinished portion provides ample storage or the opportunity to expand your living space. Additional highlights include in-unit laundry, dedicated parking, and a private outdoor area perfect for relaxing or grilling. Located in a quiet community with easy access to shopping, dining, and commuter routes, this townhome is a must-see!
Last Agent to Sell the Property
HomeSmart Connect, LLC. License #475199630 Listed on: 06/18/2025
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,195
Year Built
- Built in 2005
HOA Fees
- $260 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,771 Sq Ft Home
- 2-Story Property
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Family or Dining Combination
- Loft
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Schools
- Creekside Elementary School
- Kimball Middle School
- Larkin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Deck
- Lot Dimensions are 28x77x30x77
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, snow removal
- 5 Units
- Jan Association, Phone Number (630) 336-8313
- Madison Homes Subdivision, Birch Floorplan
- Property managed by Madison Homes Of
Pet Policy
- Dogs and Cats Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2025
Closed on
Nov 5, 2025
Sold by
Bought by
Seller's Agent
Melissa Roll
HomeSmart Connect, LLC.
Buyer's Agent
Isabella Pascente
Compass
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
40
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
$22,290
Avg. Annual Appreciation
10.27%
Original Mortgage
$200,000
Outstanding Balance
$198,342
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$133,948
Purchase Details
Closed on
Oct 18, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Far West Elgin, IL
-
Louise Berger
-
Henri Vasquez
Henri Vasquez
Responds QuicklyHouse Select Realty, Inc.
(630) 349-7684
89 Total Sales
1 in Far West Elgin
$351,500 Price
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
2 in Far West Elgin
$225K - $710K Price Range
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,081 Total Sales
4 in Far West Elgin
$225K - $750K Price Range
-
Raj Patel
Raj Patel
American Star Realty
(224) 412-5984
70 Total Sales
3 in Far West Elgin
$229K - $410K Price Range
-
Stella Schening
Stella Schening
HomeSmart Connect LLC
(224) 222-1296
70 Total Sales
1 in Far West Elgin
$407,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $310,000 | Carrington Title Partners | ||
| $256,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Previous Owner | $204,000 | ||
| Previous Owner | $31,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | Sold | $310,000 | -6.1% | $175 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $330,000 | 0.0% | $186 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $330,000 | -- | $186 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,516 | $101,412 | $28,236 | $73,176 |
| 2024 | $6,516 | $93,407 | $26,007 | $67,400 |
| 2023 | $6,512 | $84,386 | $23,495 | $60,891 |
| 2022 | $6,152 | $76,945 | $21,423 | $55,522 |
| 2021 | $5,883 | $71,938 | $20,029 | $51,909 |
| 2020 | $5,716 | $68,676 | $19,121 | $49,555 |
| 2019 | $5,549 | $65,418 | $18,214 | $47,204 |
| 2018 | $5,935 | $66,034 | $17,159 | $48,875 |
| 2017 | $5,804 | $62,425 | $16,221 | $46,204 |
| 2016 | $5,537 | $57,914 | $15,049 | $42,865 |
| 2015 | -- | $53,084 | $13,794 | $39,290 |
| 2014 | -- | $45,979 | $13,624 | $32,355 |
| 2013 | -- | $47,191 | $13,983 | $33,208 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Roll
M
Seller's Agent in 2025
Melissa Roll
HomeSmart Connect, LLC.
(847) 495-5000
1 in this area
7 Total Sales
-
Isabella Pascente
I
Buyer's Agent in 2025
Isabella Pascente
Compass
(312) 772-4194
2 in this area
30 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12387736
APN: 06-09-376-030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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