NOT LISTED FOR SALE

555 Covered Bridge Dr Elgin, IL 60124

Providence Neighborhood

Estimated Value: $452,000 - $500,549

4 Beds
3 Baths
2,599 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $305,000 $117 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,487/month

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Traditional Architecture
  • Howard B. Thomas Grade School Rated 9+
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of August 2020

Beautiful and spacious home featuring soaring vaulted ceilings in foyer area, den and living room! Den has double french door entry & ceiling fan. Oversized kitchen with an abundance of counter space, stainless steel appliances, two breakfast bar areas & eating area with slider to patio area. Cozy family room off of kitchen with recessed lighting, fireplace, ceiling fan and double sliders to deck area. 1/2 bath with granite vanity and newer light fixture. Master bedroom suite with bayed area, vaulted ceiling, ceiling fan and his & her walk-in closets. Updated master bath with double-bowl granite vanity area, large whirlpool tub, separate custom tile shower with glass enclosure, vaulted ceiling and private toilet area. Updated main bathroom with double-bowl granite vanity and custom tile tub surround. Ceiling fans in bedrooms. Finished basement with large rec room area. Recent painting throughout majority of home. Fenced yard with shed for additional storage. Don't miss this wonderful home located in school district 301! Conveniently located to area expressways, public transportation, restaurants & shopping! PLEASE NOTE! TAXES DO NOT REFLECT HOMEOWNER EXEMPTION - CAN BE LOWERED.

Last Agent to Sell the Property

Lori Cromie

Haus & Boden, Ltd. License #471019069 Listed on: 07/29/2020

Last Buyer's Agent

Tayo Arogundade

HomeSmart Connect LLC License #475163059

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Dining Area
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Finished Basement
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning, Gas Starter
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X6, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Butler, Pantry-Closet
  • Additional Rooms: Den, Recreation Room, Eating Area, Foyer, Utility Room-Lower Level, Walk In Closet
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 25X21, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 12X9, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Foyer, Dimensions: 17X7, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Utility Room-Lower Level, Dimensions: 22X19, On Level: Basement, Flooring: Other
  • Additional Room 6 Name: Walk in Closet, Dimensions: 8X6, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 7 Name: Walk in Closet, Dimensions: 6X5, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2599
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Patio
  • Exposure: W (West)
  • Acreage: 0.26

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 90X115X92X125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0621303019
  • Zero Lot Line: No

Tax Info

  • Taxes: 10446.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 26, 2020
Sold by
Biebel Harold M and Biebel Renee Ann
Bought by
Taiwo Oluwafemi and Taiwo Ruth Omoye
Seller's Agent
Lori Cromie
Haus & Boden, Ltd.
Buyer's Agent
Tayo Arogundade
HomeSmart Connect LLC
List Price
$304,900
Sold Price
$305,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$481,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,387
Avg. Annual Appreciation
8.85%
Original Mortgage
$289,750
Outstanding Balance
$255,787
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$225,600

Purchase Details

Listed on
Feb 23, 2013
Closed on
May 20, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Biebel Harold M and Biebel Renee Ann
Seller's Agent
Robert Kopp
eXp Realty - Geneva
Buyer's Agent
Lori Cromie
Haus & Boden, Ltd.
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Floro Kelly A
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
May 21, 2007
Sold by
Felder Dale F and Felder Beverly J
Bought by
Floro Stephen M and Floro Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taiwo Oluwafemi $305,000 Fidelity National Title
Biebel Harold M $235,000 Chicago Title Insurance Comp
Jp Morgan Chase Bank Na $133,000 None Available
Floro Stephen M $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taiwo Oluwafemi $289,750
Previous Owner Floro Stephen M $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $305,000 0.0% $117 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $304,900 +29.7% $117 / Sq Ft
05/20/2013 05/20/13 Sold $235,000 -9.6% $90 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $260,000 -3.7% $100 / Sq Ft
02/23/2013 02/23/13 For Sale $270,000 -- $104 / 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 $11,941 $143,981 $28,317 $115,664
2023 $11,451 $130,076 $25,582 $104,494
2022 $10,788 $118,606 $23,326 $95,280
2021 $10,433 $110,888 $21,808 $89,080
2020 $10,740 $105,860 $20,819 $85,041
2019 $10,446 $100,838 $19,831 $81,007
2018 $9,950 $94,996 $18,682 $76,314
2017 $9,614 $89,805 $17,661 $72,144
2016 $9,632 $83,315 $16,385 $66,930
2015 -- $76,365 $15,018 $61,347
2014 -- $68,310 $14,833 $53,477
2013 -- $70,112 $15,224 $54,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10799515

Midwest Real Estate Data (MRED)

APN: 06-21-303-019