NOT LISTED FOR SALE

562 Lancaster Cir Unit 562 Elgin, IL 60123

College Green Neighborhood

Estimated Value: $278,000 - $286,000

2 Beds
2 Baths
1,440 Sq Ft
1995 Built

Sale Details

Date Sold: September 30, 2016

Last sale price $134,200 $93 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,105 / mo

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Attached Garage
  • Loft
  • Skylights
  • Breakfast Bar

About This Home

As of September 2016

Spacious and well maintained, this 2 bedroom, 2 bath penthouse is the one you are looking for! With over 1,400 sq. ft. features include: Loft (can be converted to a 3rd bedroom), two story foyer, skylights in the vaulted living room, gas burning fireplace, breakfast area in the well designed kitchen, oversized owners suite with private bath, laundry room with storage cabinets and deck overlooking open fields with large pine trees! All appliances stay, furnace and water heater are newer. The association has also made several updates in 2016: Roof, gutters, exterior lighting and asphalt driveway. The deck is also planned to be upgraded but has not been finalized yet. Make an appointment to see this home, you will be impressed!

Last Agent to Sell the Property

Elizabeth Wirsing

Key Realty Inc. Listed on: 07/29/2016

Last Buyer's Agent

Jill Rudman

HomeSmart Connect LLC License #475128266

Property Details

Home Type

  • Condominium

Year Built

  • 1995

HOA Fees

  • $185 per month

Parking

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

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Property Details

Home Type

Condominium

Year Built

1995

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1995
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X18, On Level: 2nd Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 5X8, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 9X14, On Level: 2nd Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 10X14, On Level: 2nd Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Breakfast Bar, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 12X16, On Level: 2nd Level, Flooring: Vinyl
  • Additional Room 1 Name: Loft, Dimensions: 10X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level, Flooring: Vinyl
  • Estimated Sq Ft: 1440
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony

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: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 40
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 185
  • Management Contact Name: Alan Jankelovitz
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Associa Chicagoland

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0621377029

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 1

Tax Info

  • Taxes: 3450.36

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
Jul 29, 2016
Closed on
Sep 19, 2016
Sold by
Bought by
Seller's Agent
Elizabeth Wirsing
Key Realty Inc.
Buyer's Agent
Jill Rudman
HomeSmart Connect LLC
List Price
$129,900
Sold Price
$134,200
Premium/Discount to List
$4,300
3.31%
Current Estimated Value
$282,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,919
Avg. Annual Appreciation
7.94%
Original Mortgage
$119,438
Outstanding Balance
$99,237
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$182,882

Purchase Details

Closed on
Jul 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 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
$127,092
Interest Rate
7.45%
Mortgage Type
VA
Source: Public Records

Range of Values:

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

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
$134,500 Chicago Title Insurance Co
-- None Available
$125,000 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 $119,438
Previous Owner $127,092
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
09/30/2016 09/30/16 Sold $134,200 +3.3% $93 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $129,900 -- $90 / 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 $4,754 $67,410 $15,697 $51,713
2023 $4,509 $60,900 $14,181 $46,719
2022 $4,295 $55,531 $12,931 $42,600
2021 $4,097 $51,918 $12,090 $39,828
2020 $3,973 $49,564 $11,542 $38,022
2019 $3,849 $47,212 $10,994 $36,218
2018 $3,804 $44,477 $10,357 $34,120
2017 $3,708 $42,047 $9,791 $32,256
2016 $3,520 $39,008 $9,083 $29,925
2015 -- $35,754 $8,325 $27,429
2014 -- $35,312 $8,222 $27,090
2013 -- $36,244 $8,439 $27,805
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Elizabeth Wirsing

    Key Realty Inc.

  • Jill Rudman

    Buyer's Agent in 2016

    Jill Rudman

    HomeSmart Connect LLC

    (630) 341-8252

    26 Total Sales

    Jill Rudman
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09302404

Midwest Real Estate Data (MRED)

APN: 06-21-377-029

Illinois Kane County Elgin 60123 College Green

562 Lancaster Cir Unit 562, 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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