NOT LISTED FOR SALE

705 Canyon Ln Elgin, IL 60123

Estimated Value: $406,000 - $456,000

4 Beds
3 Baths
2,606 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $194,500 $75 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,091/month

46 Days on Market

About This Home

As of May 2015

Excellent opportunity to own this 4 bedroom 2.1 bath two story home that features an open layout, vaulted ceilings, 3 car garage, fireplace and is just minutes from public transportation, expressways and shopping. CORPORATE OWNED, TAXES PRORATED AT 100%, BUYER IS RESPONSIBLE FOR SURVEY IF REQUIRED. BUYER IS RESPONSIBLE FOR VILLAGE INSPECTION ISSUES.

Last Agent to Sell the Property

Franklin Schilaci

Berkshire Hathaway HomeServices Starck Real Estate License #471001401 Listed on: 02/26/2015

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Virginia Moran

United Brokers of Illinois License #475140151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,497

Year Built

  • 1989

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Frame Construction

Utilities

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

Additional Features

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

Listing and Financial Details

  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,497

Year Built

1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1989
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X13, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 11X11, On Level: Main Level
  • Kitchen Type: Dimensions: 13X24, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X15, On Level: 2nd Level
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level
  • Estimated Sq Ft: 2606
  • Family Room: Dimensions: 11X16, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.2084

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 9079
  • Parcel Identification Number: 0609253008

Tax Info

  • Taxes: 7238.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2015
Closed on
May 5, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Hernandez Adrian
Seller's Agent
Franklin Schilaci
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Virginia Moran
United Brokers of Illinois
List Price
$216,300
Sold Price
$194,500
Premium/Discount to List
-$21,800
-10.08%
Total Days on Market
46
Current Estimated Value
$433,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,873
Avg. Annual Appreciation
8.33%
Original Mortgage
$182,071
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2014
Sold by
Barrientos Fermin R
Bought by
Jpmorgan Chase Bank Na
Source: Public Records

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Range of Values:

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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
Hernandez Adrian $194,500 Fidelity Natl Title Ins Co
Jpmorgan Chase Bank Na -- Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Adrian $41,229
Previous Owner Hernandez Adrian $182,071
Previous Owner Barrientos Fermin R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $194,500 +5.2% $75 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
03/30/2015 03/30/15 Price Changed $184,900 -14.5% $71 / Sq Ft
02/26/2015 02/26/15 For Sale $216,300 -- $83 / 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
2023 $9,497 $119,411 $28,786 $90,625
2022 $8,921 $108,882 $26,248 $82,634
2021 $8,547 $101,797 $24,540 $77,257
2020 $8,316 $97,181 $23,427 $73,754
2019 $8,085 $92,571 $22,316 $70,255
2018 $8,029 $87,208 $21,023 $66,185
2017 $7,862 $82,443 $19,874 $62,569
2016 $7,517 $76,485 $18,438 $58,047
2015 -- $70,105 $16,900 $53,205
2014 -- $69,239 $16,691 $52,548
2013 -- $71,065 $17,131 $53,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08848432

Midwest Real Estate Data (MRED)

APN: 06-09-253-008