$235,000
SOLD MAY 20, 2013

555 Covered Bridge Dr Elgin, IL 60124

4 Beds
3 Baths
2,600 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

13% Below List Price

58 Days on Market

Highlights

  • Whirlpool Bathtub
  • Formal Dining Room
  • Central Air
  • Howard B. Thomas Grade School Rated 9+

About This Home

As of August 2020

A 2-story foyer welcomes you into this newly renovated home w/formal living room, dining room and first floor den. Open kitchen w/Corian and granite counters and ss appliences. Warm & inviting first floor family rm w/wood burning fireplace. Master br has separate walk-in closets, luxury master bath w/whirlpool and tiled shower. Finished basement. Close to shopping, train & tollway. Great home for entertaining.

Last Agent to Sell the Property

Robert Kopp

eXp Realty - Geneva License #471019024 Listed on: 02/23/2013

eXp Realty - Geneva

Last Buyer's Agent

Lori Cromie

Haus & Boden, Ltd. License #471019069

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $11,941

Year Built

  • 1993

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Formal Dining Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Utilities

  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$11,941

Year Built

1993

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: Humidifier, TV-Cable, Intercom, Fire Sprinklers, CO Detectors, Ceiling Fan
  • Fireplace Type/Details: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Partial
  • Basement: Partially Finished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X12
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X10
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool
  • Living Room Level: Main Level
  • Living Room Size: 17X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X12
  • Dining Room Flooring: Carpet
  • Family Room Level: Main Level
  • Family Room Size: 19X13
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 20X12
  • Kitchen Flooring: Ceramic/Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 90X115X92X125

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
$462,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,113
Avg. Annual Appreciation
8.81%
Original Mortgage
$289,750
Outstanding Balance
$256,390
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$205,723

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:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $305,000 Fidelity National Title
Trustee Deed $235,000 Chicago Title Insurance Comp
Sheriffs Deed $133,000 None Available
Warranty Deed $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,750 New Conventional
Previous Owner $195,000 Purchase Money Mortgage
Previous Owner $2,000,000 Balloon
Previous Owner $200,000 Balloon
Previous Owner $200,000 Balloon
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: MRD08277674

Midwest Real Estate Data (MRED)

APN: 06-21-303-019