NOT LISTED FOR SALE

624 Chelsea Ct Elgin, IL 60123

Estimated Value: $260,000 - $275,000

2 Beds
2 Baths
1,440 Sq Ft
$175/mo HOA Fee

Last Sold March 01, 2016

Last sale price $137,000 $95 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,970/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Attached Garage
  • South Elgin High School Rated A-
  • Walk-In Pantry
  • Breakfast Bar

About This Home

As of March 2016

Bright, spacious townhome on cul-de-sac! Two bedrooms & a loft, plus 2 full baths! Fully equipped kitchen features tons of cabinets & a large pantry. Engineered wood floors in dining area lead to the large family room with cathedral ceiling and gas fireplace. Slider to deck overlooking serene, treed backyard with walking path. Spacious loft overlooking 2-story entry makes an excellent office or can easily be converted to a third bedroom. Master bedroom features cathedral ceiling and large bath with tandem walk-in shower. Unit features all new carpet & all fresh paint throughout! Very clean & bright unit that feels bigger than it's 1440 sqft. This unit is rentable & similar units are renting for $1400+. This unit is also for rent. Close to shopping, restaurants & college. Check it out now!

Last Agent to Sell the Property

Tom Gancer

HomeSmart Connect LLC License #475110371 Listed on: 01/09/2016

HomeSmart Connect LLC

Co-Listed By

Leslie Kiesel

HomeSmart Connect LLC License #475122705

Last Buyer's Agent

Mary Braatz

RE/MAX Enterprises License #471001728

RE/MAX Enterprises

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,959

Year Built

  • 1994

HOA Fees

  • $175 per month

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Loft
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,959

Year Built

1994

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • 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: 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: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X5, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 15X9, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 14X10, On Level: 2nd Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Loft, Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1440
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet

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
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • 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
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 175
  • Management Phone: 847-490-3833

Fee Information

  • Management Company: Vanguard

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0621376051

Multi Family

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

Tax Info

  • Taxes: 3554.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Feb 25, 2016
Sold by
Scola Fred
Bought by
Cinfio Dominic and Cinfio Deborah
Seller's Agent
Tom Gancer
HomeSmart Connect LLC
Buyer's Agent
Mary Braatz
RE/MAX Enterprises
List Price
$142,500
Sold Price
$137,000
Premium/Discount to List
-$5,500
-3.86%
Current Estimated Value
$269,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,384
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Mar 27, 2015
Closed on
Nov 19, 2015
Sold by
Sommers Dennis J and Sommers Alexandra
Bought by
Scola Fred
Seller's Agent
Jorel Kilcullen
RE/MAX Connections II
Buyer's Agent
Tom Gancer
HomeSmart Connect LLC
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.81%

Purchase Details

Closed on
Nov 21, 2003
Sold by
Phillips Steven M and Phillips Jody
Bought by
Sommers Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1995
Sold by
Westfield Homes Of Illinois Inc
Bought by
Phillips Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
7.76%
Mortgage Type
FHA
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
Cinfio Dominic $137,000 Fidelity National Title
Scola Fred $100,000 Nlt Title Llc
Sommers Dennis J $160,000 Atg
Phillips Steven M $115,500 Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cinfio Dominic $55,000
Closed Cinfio Dominic $20,000
Previous Owner Sommers Dennis J $166,500
Previous Owner Sommers Dennis J $152,000
Previous Owner Phillips Steven M $102,000
Previous Owner Phillips Steven M $107,000
Previous Owner Phillips Steven M $111,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $137,000 -3.9% $95 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $142,500 +42.5% $99 / Sq Ft
11/19/2015 11/19/15 Sold $100,000 -10.7% $83 / Sq Ft
10/07/2015 10/07/15 Price Changed $112,000 0.0% $93 / Sq Ft
10/07/2015 10/07/15 For Sale $112,000 +12.0% $93 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
04/10/2015 04/10/15 Pending -- -- --
04/08/2015 04/08/15 Price Changed $100,000 -16.7% $83 / Sq Ft
03/27/2015 03/27/15 For Sale $120,000 -- $100 / 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 $3,959 $65,474 $14,316 $51,158
2023 $3,678 $59,150 $12,933 $46,217
2022 $3,723 $53,935 $11,793 $42,142
2021 $3,517 $50,426 $11,026 $39,400
2020 $3,387 $48,139 $10,526 $37,613
2019 $3,255 $45,856 $10,027 $35,829
2018 $3,183 $43,199 $9,446 $33,753
2017 $3,069 $40,839 $8,930 $31,909
2016 $2,948 $37,888 $8,285 $29,603
2015 -- $34,728 $7,594 $27,134
2014 -- $34,299 $7,500 $26,799
2013 -- $35,204 $7,698 $27,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09113336

Midwest Real Estate Data (MRED)

APN: 06-21-376-051