NOT LISTED FOR SALE

640 Waverly Dr Unit B Elgin, IL 60120

Estimated Value: $218,000 - $240,000

2 Beds
1 Bath
960 Sq Ft
$150/mo HOA Fee

Last Sold May 18, 2023

Last sale price $190,000 $198 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,670/month

12 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Formal Dining Room
  • Deck
  • End Unit
  • Cul-De-Sac

About This Home

As of May 2023

Well maintained 2 BR, 1 bath 1st floor end unit condo in Waverly Commons on cul-de-sac with available guest parking. Plenty of room in deep private 1+ end unit garage for vehicle & generous work/storage space, includes a rarely available additional locked private bonus storage room above garage with interior 2nd level access (no need to rent a storage unit). Driveway parking for 2nd vehicle. No interior stairs in this main level unit. Many professional updates have been completed. 2 storage closets within hallway. Coat closet near front door. Interior laundry room with space for cabinets/shelving. Gas start fireplace in living room. 100% Vinyl laminate flooring. Professionally painted unit. Roomy LR & DR overlooking treed courtyard & private deck. Private, locked exterior storage closet & garden beds to grow plants along back exterior. Breakfast bar with pendant lighting, open concept kitchen with extra large walk-in pantry. Master bedroom includes ceiling fan & large walk-in closet. This is a rare opportunity to own a one-of-a-kind property!! Close to all major conveniences including shopping, medical, transportation, parks, schools & entertainment. *Photos were taken before current tenant moved in. Tenant will be leaving by mid-May & if still available, listing will be placed in full MLS with updated professional photos. Rentals are allowed in this complex with % cap.

Last Agent to Sell the Property

Catherine Terpstra

HomeSmart Connect LLC License #471000651 Listed on: 04/08/2023

HomeSmart Connect LLC

Last Buyer's Agent

Angel Angelov

Runway Realty Inc License #475161003

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1990 | Remodeled in 2019

Lot Details

  • End Unit
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Parking Storage or Cabinetry
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

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

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Deck

Schools

  • Lincoln Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units
  • Oor Association, Phone Number (847) 742-5555
  • Waverly Commons Subdivision
  • Property managed by Rage Property Management

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,606

Year Built

Built in 1990 | Remodeled in 2019

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Waverly Commons
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2019
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Hall Width 36 Inches or More, Main Level Entry, No Interior Steps
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 960
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Storage
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 960
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 960
  • Fireplace Location: Living Room
  • Square Footage Comments: Not including bonus above garage private 2nd level storage space.
  • Total Sq Ft: 960
  • Main Level Sq Ft: 960
  • Door Features: 6 Panel Door(s),Sliding Glass Door(s)
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 190000
  • Lot Features: Common Grounds, Cul-De-Sac, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned, Visitor Parking, Driveway, Storage
  • ParkingTotal: 2
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Rage Property Management
  • Management Contact Name: OOR
  • Management Phone: 847-742-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2606.43
  • Tax Year: 2021

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2013
Sold by
Terpstra Brian J
Bought by
Terpstra Brian J
Current Estimated Value
$227,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Outstanding Balance
$102,016
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$117,276

Purchase Details

Closed on
Jan 3, 2008
Sold by
Feis Anna E
Bought by
Terpstra Brian J

Purchase Details

Closed on
May 18, 2007
Sold by
Amcore Investment Group Na
Bought by
Terpstra Brian J and Feis Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,410
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1998
Sold by
Stuckle Evelyn A
Bought by
Stuckle Evelyn A and Evelyn A Stuckle Trust #1
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
Terpstra Brian J -- None Available
Terpstra Brian J -- Chicago Title Insurance Co
Terpstra Brian J $153,000 Cti
Stuckle Evelyn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terpstra Brian J $148,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $190,000 0.0% $198 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $190,000 0.0% $198 / Sq Ft
07/09/2019 07/09/19 Rented $1,400 0.0% --
06/19/2019 06/19/19 For Rent $1,400 0.0% --
05/01/2018 05/01/18 Rented $1,400 0.0% --
04/15/2018 04/15/18 For Rent $1,400 -- --
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 $3,773 $13,107 $2,018 $11,089
2023 $3,666 $13,107 $2,018 $11,089
2022 $3,666 $13,107 $2,018 $11,089
2021 $2,606 $7,564 $1,630 $5,934
2020 $2,590 $7,564 $1,630 $5,934
2019 $1,553 $8,495 $1,630 $6,865
2018 $1,537 $7,958 $1,397 $6,561
2017 $1,552 $7,958 $1,397 $6,561
2016 $1,740 $7,958 $1,397 $6,561
2015 $2,150 $8,743 $1,242 $7,501
2014 $2,101 $8,743 $1,242 $7,501
2013 $2,012 $8,743 $1,242 $7,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11760064

Midwest Real Estate Data (MRED)

APN: 06-07-313-045-1010