NOT LISTED FOR SALE

625 Fairview Ln South Elgin, IL 60177

Estimated Value: $328,000 - $349,454

3 Beds
1.5 Baths
1,414 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $285,000 $202 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,406/month

1 Day on Market

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Forced Air Heating and Cooling System
  • South Elgin High School Rated A-
  • Laundry Room
  • Family Room

About This Home

As of April 2022

**Multiple offers received. Highest & Best by 8 PM** Come visit this lovely 3 bedroom, 1.1 bath home with a 3 car driveway! This home has had a new roof installed within the previous three years. New cabinets, countertops, and fixtures have been added to the updated kitchen. New bathroom countertops and fixtures have been installed on the main floor. The home includes new waterproof rigid core flooring on the first floor, new carpet on the second floor, and a new insulated garage door and opener. The house has also been freshly painted.

Last Agent to Sell the Property

David Colorado

Keller Williams Premiere Properties License #475195061 Listed on: 03/03/2022

Keller Williams Premiere Properties

Last Buyer's Agent

Mary Bremer

RE/MAX Suburban License #475131169

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,627

Year Built

  • Built in 1996 | Remodeled in 2021

Lot Details

  • 9,592 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Fox Meadow Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,627

Year Built

Built in 1996 | Remodeled in 2021

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
  • Year Built: 1996
  • 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): Yes
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1414
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Fox Meadow Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.2202
  • Lot Dimensions: 1414
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5627.36
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2005
Sold by
Rodgers William P and Rodgers Carolyn M
Bought by
Binion David and Binion Shannon M
Current Estimated Value
$337,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 1996
Sold by
Sundance Holdings Inc
Bought by
Rodgers William P and Rodgers Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,143
Interest Rate
8.44%
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
Binion David $225,500 Professional National Title
Rodgers William P $130,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binion Shannon $164,700
Closed Binion David $180,400
Previous Owner Rodgers William P $109,200
Previous Owner Rodgers William P $120,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $285,000 +7.5% $202 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $265,000 -- $187 / 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 $6,816 $94,369 $28,317 $66,052
2023 $6,482 $85,255 $25,582 $59,673
2022 $6,173 $77,737 $23,326 $54,411
2021 $5,807 $72,678 $21,808 $50,870
2020 $5,627 $69,382 $20,819 $48,563
2019 $5,415 $66,090 $19,831 $46,259
2018 $5,303 $62,261 $18,682 $43,579
2017 $5,033 $58,859 $17,661 $41,198
2016 $4,785 $54,606 $16,385 $38,221
2015 -- $50,051 $15,018 $35,033
2014 -- $48,168 $14,833 $33,335
2013 -- $49,438 $15,224 $34,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11338035

Midwest Real Estate Data (MRED)

APN: 06-28-480-011