NOT LISTED FOR SALE

Estimated Value: $532,630 - $636,000

4 Beds
2.5 Baths
2,328 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $490,000 $210 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,978/month

12 Days on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Central Air
  • South Elgin High School Rated A-
  • Laundry Room
  • Dining Room

About This Home

As of September 2023

Welcome to 581 Sayer! Situated on nearly a half-acre corner lot, this beautiful home has so much to offer! The front entryway is a decorator's dream and adorned with a to-die for chandelier. The kitchen and family room provide a highly desired open concept, along with boastful views and convenient access to the massive deck and expansive backyard. Upstairs offers generously sized bedrooms and updated bathrooms. So much closet space! Heading to the fully finished basement, you will find everything for the entertainer including a ready to stock bar, pool table and built in tv's throughout. The garage even extends to offer an installed heater! You have to see it for yourself and schedule a showing today!

Last Agent to Sell the Property

Sarah Shea

Wheatland Realty License #475169075 Listed on: 08/25/2023

Last Buyer's Agent

Mais Sahib

Real 1 Realty License #475174052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,222

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 102x183.72x102x183.72

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Lake In The Woods Association, Phone Number (630) 768-1877
  • Property managed by Lake in the Woods

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,222

Year Built

Built in 1994

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 2328
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2328
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 500000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake in the Woods
  • Management Contact Name: Lake in The Woods
  • Management Phone: 630-768-1877
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 102X183.72X102X183.72
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9222.37
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 18, 2023
Sold by
Hensley Jerrold
Bought by
Rasheed Ahsan
Seller's Agent
Sarah Shea
Wheatland Realty
Buyer's Agent
Mais Sahib
Real 1 Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Views
40
Current Estimated Value
$575,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,908
Avg. Annual Appreciation
5.79%
Original Mortgage
$392,000
Outstanding Balance
$384,732
Interest Rate
7.18%
Estimated Equity
$163,013

Purchase Details

Closed on
Mar 1, 2021
Sold by
Hensley Jerrold L and Jerold L Hensley Reviocable Tr
Bought by
Hensley Jerrold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2019
Sold by
Hensley Jerrold
Bought by
Jerrold L Hensley Revocable Trust

Purchase Details

Closed on
Aug 27, 2003
Sold by
Vinyard Randall E and Vinyard Kelly H
Bought by
Hensley Jerrold and Hensley Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1994
Sold by
Sundance Holdings Inc
Bought by
Vinyard Randall E and Vinyard Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,450
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rasheed Ahsan $490,000 Fidelity National Title
Hensley Jerrold -- Fidelity National Title
Jerrold L Hensley Revocable Trust -- Attorney
Hensley Jerrold $358,000 Chicago Title Insurance Comp
Vinyard Randall E $241,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasheed Ahsan $392,000
Previous Owner Hensley Jerrold $286,400
Previous Owner Hensley Jerrold $286,400
Previous Owner Vinyard Randall E $216,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $490,000 -2.0% $210 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $500,000 -- $215 / 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 $10,743 $140,872 $41,773 $99,099
2023 $9,874 $127,810 $37,900 $89,910
2022 $9,086 $109,980 $32,610 $77,370
2021 $8,827 $104,410 $30,960 $73,450
2020 $8,614 $101,280 $30,030 $71,250
2019 $9,392 $107,320 $31,820 $75,500
2018 $9,763 $108,100 $32,050 $76,050
2017 $9,488 $103,790 $30,770 $73,020
2016 $9,308 $99,140 $29,390 $69,750
2015 $9,293 $93,850 $27,820 $66,030
2014 $8,646 $91,470 $27,110 $64,360
2013 $10,373 $93,660 $27,760 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868353

Midwest Real Estate Data (MRED)

APN: 01-04-202-028