NOT LISTED FOR SALE

587 Chesterfield Ln South Elgin, IL 60177

Estimated Value: $526,000 - $568,130

4 Beds
3.5 Baths
2,897 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $510,000 $176 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,942/month

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Wood Flooring
  • Anderson Elementary School Rated A
  • Recreation Room
  • Stainless Steel Appliances

About This Home

As of July 2022

Meticulously maintained & gorgeous, updated home with no expense spared. Picturesque front exterior with professional landscaping, brick walkway & porch, concrete driveway, newer upgraded front door and garage door. 2 story welcoming entry with loads of natural light. Bamboo flooring on entire main level. Living room and dining room feature custom plantation shutters. Gorgeous kitchen remodel including new cabinets, granite counters, custom island, pendant lighting, backsplash, & all stainless appliances. Upgraded French door leading to expansive patio which includes a pergola, lighting, ceiling fan, outdoor speaker wiring, brick firepit, and professional landscaping. Kitchen opens to the spacious family room with ceiling fan. T staircase from kitchen area upgraded with iron spindles and hardwood flooring leading to second story. 2nd story features 4 beds plus a loft with hardwood and gorgeous built-ins including a granite desktop. Oversized Master suite including ceiling fan, walk in closet and fantastic updated master bathroom including a huge 5x7 walk in shower, large linen cabinets, upgraded tile, double bowl vanity cabinets, granite counters, new mirrors and light fixtures. Hall bathroom was also completely remodeled with today's colors including new double bowl vanity, granite countertops, tile for floor & shower. Full fantastic, finished basement with stairway opened up, decorative woodwork, loads of can lighting, a custom wet bar with cabinets, beverage fridge & granite countertop, wall of built-ins, two wall mounted TVs included in two separate sitting areas, gaming area, and a full bathroom plus ample storage space with three storage areas, full size refrigerator included. Mudroom remodel including custom cabinets, lockers, storage, ceramic tile flooring, washer and dryer included and direct access to garage which has a fantastic epoxy floor, fully finished interior including loads of shelving, cabinets and a utility countertop. All of this plus leaf filter added to gutters in 2021, new windows throughout 2018, basement windows 2020, roof & siding replaced in 2016, water heater 2018, water softener 2016, furnace 2014, A/C 2013, sump pump & battery backup 2019. A fantastic community with parks, baseball fields and highly sought-after St. Charles D303 schools. This home is remarkable and a true must see, move in ready home.

Last Agent to Sell the Property

Richard Clark

Kozar Real Estate Group License #475140502 Listed on: 05/19/2022

Co-Listed By

Kristie Majewski

Kozar Real Estate Group License #475141784

Last Buyer's Agent

Becky Wipperfurth

Redfin Corporation License #475162402

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,546

Year Built

  • Built in 2001

Lot Details

  • 9,583

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 2,897 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Bar
  • Ceiling Fan
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Recreation Room
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Fire Pit
  • Pergola

Schools

  • St Charles North High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Additional Features

  • Landscaped Professionally
  • Property is near a park

Community Details

  • River Ridge Subdivision, Cumberland Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,546

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: River Ridge
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 1120
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2897
  • Other Equipment: Humidifier, Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump;
  • Room Type: Family Room, Loft, Recreation Room
  • Estimated Total Finished Sq Ft: 4017
  • Assessed Sq Ft: 2835
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2897
  • Basement Sq Ft: 1290
  • Total Sq Ft: 4187
  • Unfinished Basement Sq Ft: 170
  • Upper Level Sq Ft: 1568
  • Main Level Sq Ft: 1329

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Fire Pit
  • List Price: 474900
  • Lot Features: Landscaped
  • OtherStructures: Pergola
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: St Charles North High School
  • Middle/Junior School District: 303

Lot Info

  • Lot Dimensions: 9588
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8545.58
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 23, 2022
Sold by
James And Laura Rasmussen Trust
Bought by
Lepe Amy M and Lepe Ramon
Seller's Agent
Richard Clark
Kozar Real Estate Group
Buyer's Agent
Becky Wipperfurth
Redfin Corporation
List Price
$474,900
Sold Price
$510,000
Premium/Discount to List
$35,100
7.39%
Current Estimated Value
$545,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,783
Avg. Annual Appreciation
1.81%
Original Mortgage
$394,400
Outstanding Balance
$332,443
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$207,220

Purchase Details

Closed on
May 13, 2016
Sold by
Rasmussen James C and Rasmussen Laura C
Bought by
James And Laura Rasmussen Trust and Rasmussen Laura Catherine

Purchase Details

Closed on
Apr 2, 2001
Sold by
Drh Cambridge Homes Inc
Bought by
Rasmussen James C and Rasmussen Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,550
Interest Rate
7.13%
Source: Public Records

Range of Values:

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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
Lepe Amy M $510,000 Law Office Of Beau L Wagner Pc
James And Laura Rasmussen Trust -- None Available
Rasmussen James C $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepe Amy M $394,400
Previous Owner Rasmussen James C $142,400
Previous Owner Rasmussen James C $168,558
Previous Owner Rasmussen James C $45,000
Previous Owner Rasmussen James C $211,000
Previous Owner Rasmussen James C $206,850
Previous Owner Rasmussen James C $14,000
Previous Owner Rasmussen James C $205,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $510,000 +7.4% $176 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $474,900 -- $164 / 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 $11,692 $153,291 $27,930 $125,361
2023 $11,165 $137,198 $24,998 $112,200
2022 $10,314 $124,063 $27,116 $96,947
2021 $8,587 $103,336 $25,847 $77,489
2020 $8,546 $101,409 $25,365 $76,044
2019 $8,409 $99,401 $24,863 $74,538
2018 $8,248 $97,227 $24,405 $72,822
2017 $7,866 $93,903 $23,571 $70,332
2016 $8,211 $90,605 $22,743 $67,862
2015 -- $86,355 $22,498 $63,857
2014 -- $82,878 $22,498 $60,380
2013 -- $86,794 $22,723 $64,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11408727

Midwest Real Estate Data (MRED)

APN: 09-03-277-011