NOT LISTED FOR SALE

531 Madison Ln Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $554,463

3 Beds
2 Baths
2,100 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2018

Last sale price $319,000 $152 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,748 / mo

65 Days on Market

Highlights

  • Landscaped Professionally
  • Double Shower
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Breakfast Room

About This Home

As of May 2018

NEW EXECUTIVE STYLE CUSTOM RANCH - LARGE FOYER GREETS YOU WITH CERAMIC FLOORING-THAT LEADS TO A HUGE GREAT ROOM -CUSTOM BUILT FIREPLACE MANTLE WITH MARBLE SURROUND - A HUGE GOURMET DREAM KITCHEN-WHITE CUSTOM SELF CLOSE CABS AND DRAWERS-GRANITE COUNTER TOPS-NEW STAINLESS STEEL APPLIANCES-FRENCH DOOR FRIG-DOUBLE OVENS RANGE-SEPARATE FORMAL DINING FOR LARGE PARTIES-MASTER BEDROOM FEATURES A DOUBLE ROOM MASTER BATH-SEPARATED BY POCKET DOOR FOR PRIVACY-CERAMIC FLOORS-SOAKING TUB AND HUGE WALK-IN SHOWER-BUTLER PANTRY-WITH GLASS FRONT CABS AND GRANITE COUNTER-FULL LOOK-OUT BASEMENT-CAN LITES THRU-OUT-LOTS OF STORAGE WITH 10 CLOSETS-OVERHEAD LITES IN ALL BEDROOMS AND CLOSETS-QUALITY BUILT HOME-WHEN ONLY THE BEST WILL DO- ENJOY THE ENORMOUS LOOK-OUT BASEMENT-A AWESOME RANCH WITH ALL THE BELLS AND WHISTLES

Last Agent to Sell the Property

Maria May

Baird & Warner Real Estate - Algonquin License #475134882 Listed on: 01/16/2018

Baird & Warner Real Estate - Algonquin

Last Buyer's Agent

Julie Murtaugh

Baird & Warner License #475165431

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 2017

Lot Details

  • East or West Exposure
  • Landscaped Professionally

HOA Fees

  • $190 per month

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Breakfast Room
  • Wood Flooring
  • Storm Screens
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Common Area

Home Details

Home Type

Single Family

Year Built

2017

Lot Details

4,792 Sq Ft Lot

HOA Fees

$190 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 1-5 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Unfinished Lower Sq Ft: 2100
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 27X16, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, CO Detectors, Sump Pump, Radon Mitigation System(s)
  • Fireplace Details: Wood Burning, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Double Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X5, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Walk In Closet, Breakfast Room, Foyer
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Walk in Closet, Dimensions: 10X06, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Foyer, Dimensions: 10X09, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 2100
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 190

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 71X69X88X66
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 0609453063

Tax Info

  • Taxes: NEW

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
Jan 16, 2018
Closed on
May 1, 2018
Sold by
Bought by
Seller's Agent
Maria May
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Julie Murtaugh
Baird & Warner
List Price
$222,900
Sold Price
$319,000
Premium/Discount to List
$96,100
43.11%
Current Estimated Value
$554,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,463
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jun 29, 2017
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
$309,000
Interest Rate
3.95%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
$319,000 Baird & Warner Title Svcs In
$309,000 Westland Title Guaranty
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
Previous Owner $309,000
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
05/01/2018 05/01/18 Sold $319,000 -0.3% $152 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
01/27/2018 01/27/18 Price Changed $319,900 -0.9% $152 / Sq Ft
01/16/2018 01/16/18 Price Changed $322,900 +44.9% $154 / Sq Ft
01/16/2018 01/16/18 For Sale $222,900 -- $106 / 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
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $3,822 $0 $0 $0
2019 $3,822 $0 $0 $0
2018 $0 $85,267 $21,023 $64,244
2017 $3,518 $40,222 $1,783 $38,439
2016 $176 $1,654 $1,654 $0
2015 -- $1,516 $1,516 $0
2014 -- $1,497 $1,497 $0
2013 -- $1,537 $1,537 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maria May

    Baird Warner

    Section Image
  • Julie Murtaugh

    Buyer's Agent in 2018

    Julie Murtaugh

    Baird Warner

    (847) 875-4500

    50 Total Sales

    Julie Murtaugh
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09834176

Midwest Real Estate Data (MRED)

APN: 06-09-453-063

Illinois Kane County Elgin 60123 Far West Elgin

531 Madison Ln, Elgin, IL

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.

Midwest Real Estate Data (MRED) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.