NOT LISTED FOR SALE

556 Lancaster Cir Elgin, IL 60123

College Green Neighborhood

Estimated Value: $285,000 - $305,000

2 Beds
3 Baths
1,531 Sq Ft
1995 Built

Sale Details

Date Sold: July 22, 2013

Last sale price $113,900 $74 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,211 / mo

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Attached Garage
  • Dining Area
  • Loft
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of July 2013

Beautiful two bedroom, 2 and 1/2 bath town home with a loft!Soaring two story great room with fireplace! New carpet, new flooring, and new paint! Two car garage! Great location! Close to shopping, Elgin Community College, and tollway!

Last Agent to Sell the Property

Kathy Koca

Keller Williams Inspire License #475127449 Listed on: 05/24/2013

Keller Williams Inspire

Last Buyer's Agent

Bob Wisdom

RE/MAX Horizon License #475122882

RE/MAX Horizon

Property Details

Home Type

  • Condominium

Year Built

  • 1995

HOA Fees

  • $175 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Loft

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1995

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Type Attached: Townhouse-2 Story
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X16, On Level: Main Level, Flooring: Carpet
  • Equipment: TV-Cable, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room, Master Bedroom, Loft
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 8X11, On Level: Main Level
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Eating Area, Loft
  • Master Bedroom: Dimensions: 12X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Loft, Dimensions: 10X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 10X11, On Level: Main Level, Flooring: Vinyl
  • Estimated Sq Ft: 1531
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment/Association Fees: 175
  • Assessment Includes: Exterior Maintenance, Lawn Care

Fee Information

  • Management Company: Vanguard

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

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
May 24, 2013
Closed on
Jul 22, 2013
Sold by
Bought by
Seller's Agent
Kathy Koca
Keller Williams Inspire
Buyer's Agent
Bob Wisdom
RE/MAX Horizon
List Price
$114,900
Sold Price
$113,900
Premium/Discount to List
-$1,000
-0.87%
Current Estimated Value
$295,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,460
Avg. Annual Appreciation
7.65%
Original Mortgage
$63,900
Outstanding Balance
$14,862
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$280,498

Purchase Details

Closed on
Apr 15, 2013
Sold by
Bought by

Purchase Details

Closed on
May 30, 2003
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
$137,520
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
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
$130,500
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1999
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
$129,209
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 1995
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
$131,050
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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
$114,000 Chicago Title Insurance Comp
$75,500 None Available
$172,000 --
-- Chicago Title Insurance Co
$133,000 Prairie Title
$139,500 Ticor Title Ins
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 $63,900
Previous Owner $137,520
Previous Owner $130,500
Previous Owner $129,209
Previous Owner $131,050
Closed $24,380
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
07/22/2013 07/22/13 Sold $113,900 -0.9% $74 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $114,900 -- $75 / 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 $5,287 $74,063 $16,553 $57,510
2023 $5,022 $66,910 $14,954 $51,956
2022 $4,770 $61,010 $13,635 $47,375
2021 $4,554 $57,040 $12,748 $44,292
2020 $4,419 $54,454 $12,170 $42,284
2019 $4,284 $51,871 $11,593 $40,278
2018 $4,238 $48,865 $10,921 $37,944
2017 $4,134 $46,195 $10,324 $35,871
2016 $3,931 $42,857 $9,578 $33,279
2015 -- $39,282 $8,779 $30,503
2014 -- $38,797 $8,671 $30,126
2013 -- $39,821 $8,900 $30,921
Source: Public Records

Agents Affiliated with this Home

  • Kathy Koca

    Seller's Agent in 2013

    Kathy Koca

    Keller Williams Inspire

    (847) 812-0197

    64 Total Sales

    Kathy Koca
    Section Image
  • Bob Wisdom

    Buyer's Agent in 2013

    Bob Wisdom

    RE/MAX

    (847) 695-8348

    9 in this area

    622 Total Sales

    Bob Wisdom
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08351080

Midwest Real Estate Data (MRED)

APN: 06-21-377-026

Illinois Kane County Elgin 60123 College Green

556 Lancaster Cir, 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

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