NOT LISTED FOR SALE

583 Lancaster Cir Elgin, IL 60123

Estimated Value: $248,000 - $264,000

2 Beds
2 Baths
1,444 Sq Ft
$210/mo HOA Fee

Last Sold September 18, 2019

Last sale price $167,500 $116 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,001/month

14 Days on Market

Highlights

  • Loft
  • Walk-In Pantry
  • Forced Air Heating and Cooling System
  • South Elgin High School Rated A-
  • Attached Garage

About This Home

As of September 2019

Hurry! Great interior subdivision location! All new carpet and fresh paint throughout! Large living room with vaulted ceilings and sliding glass doors to the new deck! Remodeled eat-in kitchen with new countertops/sink, new tile flooring, extra cabinetry and new stainless steel fridge and stove! Dining area combined with the living room! Spacious master bedroom with private bath with new tile flooring, oversized vanity and walk-in closet! Awesome loft/flex area perfect for office or library! New light fixtures, toilets and water heater! 6 panel doors! No work needed! Close to shopping and quick access to expressways!

Last Listed By

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 07/23/2019

RE/MAX Horizon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,278

Year Built

  • 1994

HOA Fees

  • $210 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Loft

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,200 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,278

Year Built

1994

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1994
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 08X08, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X09, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1444
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

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
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 210
  • Management Contact Name: .
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: ASSOCIA

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0621376040

Multi Family

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

Tax Info

  • Taxes: 3607.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 15, 2019
Sold by
Hodges Terry D and Black Carmen R
Bought by
Tsygan Andriy and Tsygan Nadiya
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Angelika Tkachenka
RE/MAX Suburban
List Price
$169,900
Sold Price
$167,500
Premium/Discount to List
-$2,400
-1.41%
Total Days on Market
14
Current Estimated Value
$256,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,531
Avg. Annual Appreciation
8.65%
Original Mortgage
$134,000
Outstanding Balance
$121,006
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$147,258

Purchase Details

Closed on
Feb 24, 2008
Sold by
Hodges Terry D
Bought by
Hodges Terry D and Black Carmen R

Purchase Details

Closed on
Apr 13, 2006
Sold by
Kim Jeffrey S and Kim Margaret M
Bought by
Hodges Terry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,172
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2004
Sold by
Mims Holley A
Bought by
Kim Jeffrey S and Kim Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1999
Sold by
Davidson William T and Davidson Lori Ann
Bought by
Mims Holley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1994
Sold by
Westfield Homes Of Illinois Inc
Bought by
Davidson William T and Rudio Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,350
Interest Rate
8.91%
Mortgage Type
FHA

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
Tsygan Andriy $167,500 First American Title
Hodges Terry D -- None Available
Hodges Terry D $183,000 First American Title Ins Co
Kim Jeffrey S $165,000 First American Title Ins Co
Mims Holley A $114,000 --
Davidson William T $113,500 Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsygan Andriy $134,000
Previous Owner Hodges Terry D $177,732
Previous Owner Hodges Terry D $180,172
Previous Owner Kim Jeffrey S $132,000
Previous Owner Mims Holley A $101,000
Previous Owner Mims Holley A $108,000
Previous Owner Mims Holley A $108,300
Previous Owner Davidson William T $109,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $167,500 -1.4% $116 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $169,900 -- $118 / 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
2023 $4,278 $58,182 $12,933 $45,249
2022 $4,080 $53,052 $11,793 $41,259
2021 $3,890 $49,600 $11,026 $38,574
2020 $3,771 $47,351 $10,526 $36,825
2019 $3,652 $45,105 $10,027 $35,078
2018 $3,608 $42,492 $9,446 $33,046
2017 $3,515 $40,170 $8,930 $31,240
2016 $3,335 $37,267 $8,285 $28,982
2015 -- $34,159 $7,594 $26,565
2014 -- $33,737 $7,500 $26,237
2013 -- $34,627 $7,698 $26,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10460222

Midwest Real Estate Data (MRED)

APN: 06-21-376-040