NOT LISTED FOR SALE

625 Morningside Point Elgin, IL 60123

Estimated Value: $443,000 - $479,000

3 Beds
3 Baths
2,018 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $240,000 $119 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,294/month

124 Days on Market

About This Home

As of August 2013

All brick 4 Br ranch on 1/2 acre with an open concept floor plan! 2100 sq ft+ of living space on the 1st floor plus 1000 sq ft finished & 1000 sq ft of storage/workshop in the basement! Vaulted ceilings, Sun room, Private master suite w/bath, Gorgeous heated 18x36 in ground pool! Partially fenced lot with mature trees and landscaping!This house has it all! close to 1-90, Metra & Randall Rd Corridor- 25 min to Ohare!

Last Agent to Sell the Property

Tamara O'Connor

Premier Living Properties License #475110537 Listed on: 03/15/2013

Last Buyer's Agent

Tamara O'Connor

Premier Living Properties License #475110537 Listed on: 03/15/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $10,120

Year Built

  • 1987

Lot Details

  • Landscaped Professionally
  • Irregular Lot

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Schools

  • Century Oaks Elementary School
  • Larkin High School

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$10,120

Year Built

1987

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Ceiling Fan, Sump Pump
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 1
  • Basement: Full
  • Basement: Finished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 17X13
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: Basement
  • Fourth Bedroom Size: 15X10
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 25X17
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 13X10
  • Dining Room Flooring: Ceramic Tile
  • Family Room Level: Basement
  • Family Room Size: 28X15
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 15X13
  • Kitchen Flooring: Ceramic Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Elementary School: Century Oaks Elementary School
  • High School: Larkin High School
  • Junior High Dist: 46
  • Junior High: Kimball Middle School

Lot Info

  • Lot Dimensions: 143X163
  • Lot Description: Irregular, Landscaped Professionally

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 30, 2013
Sold by
Rakow Richard A and Rakow Brigid E
Bought by
Ruiz Ricardo and Ruiz Sabina
Seller's Agent
Tamara O'Connor
Premier Living Properties
Buyer's Agent
Tamara O'Connor
Premier Living Properties
List Price
$269,800
Sold Price
$240,000
Premium/Discount to List
-$29,800
-11.05%
Current Estimated Value
$466,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,072
Avg. Annual Appreciation
5.61%
Original Mortgage
$192,000
Outstanding Balance
$145,898
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$320,174

Purchase Details

Closed on
Aug 21, 1998
Sold by
Luft Charles F
Bought by
Rakow Richard A and Rakow Brigid E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
7.06%

Purchase Details

Closed on
Oct 25, 1995
Sold by
Luft Charles F and Luft Patricia M
Bought by
Luft Patricia M and Luft Charles F
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
Ruiz Ricardo $240,000 First American Title
Rakow Richard A -- --
Luft Patricia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Ricardo $192,000
Previous Owner Rakow Richard A $171,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $240,000 -4.0% $119 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
07/09/2013 07/09/13 Price Changed $249,900 -3.8% $124 / Sq Ft
06/28/2013 06/28/13 Price Changed $259,900 -3.6% $129 / Sq Ft
04/16/2013 04/16/13 Price Changed $269,700 0.0% $134 / Sq Ft
03/15/2013 03/15/13 For Sale $269,800 -- $134 / 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 $10,120 $142,461 $38,368 $104,093
2023 $9,607 $128,703 $34,663 $94,040
2022 $9,222 $117,355 $31,607 $85,748
2021 $8,363 $109,718 $29,550 $80,168
2020 $8,550 $104,743 $28,210 $76,533
2019 $8,291 $99,774 $26,872 $72,902
2018 $8,205 $93,993 $25,315 $68,678
2017 $8,008 $88,857 $23,932 $64,925
2016 $7,619 $82,435 $22,202 $60,233
2015 -- $75,559 $20,350 $55,209
2014 -- $74,626 $20,099 $54,527
2013 -- $76,594 $20,629 $55,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08292500

Midwest Real Estate Data (MRED)

APN: 06-02-376-088