721 Hobart Dr Unit A South Elgin, IL 60177
Estimated Value: $229,000 - $242,000
2
Beds
1.5
Baths
1,152
Sq Ft
$132/mo
HOA Fee
Highlights
- 2 Car Attached Garage
- Building Patio
- Patio
- South Elgin High School Rated A-
- Walk-In Closet
- Forced Air Heating and Cooling System
About This Home
As of July 2021Great end unit with open floor plan and private entrance. Kitchen features newer stainless steel appliances and granite counter tops. Living room has a gas fireplace. Bath on first floor with granite counter top. Large master bedroom with a walk in closet. 2nd floor bath also boasts granite counter top. Convenient 2nd floor laundry and expansive 2 car garage. New furnace (2019), A/C (2020), Water heater (2018), and newer washer/dryer. Conveniently located near Randall Rd. shopping and restaurants, Elgin Community College and walking distance to grade school. Low taxes/maintenance fees. Unit may be rented. A great value - Don't miss this one!
Last Agent to Sell the Property
Great Western Properties License #475170667 Listed on: 05/27/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,306
Year Built
- Built in 1995
HOA Fees
- $132 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Slab Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,152 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Laundry on upper level
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, snow removal
- 3 Units
- Heartland Meadows Subdivision
Amenities
- Building Patio
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2021
Closed on
Jun 28, 2021
Sold by
Medina Humberto
Bought by
Grathoff Ralph and Grathoff Norma
Seller's Agent
Wade Maisto
Great Western Properties
Buyer's Agent
Denise Gombar
HomeSmart Connect LLC
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,957
Avg. Annual Appreciation
8.68%
Original Mortgage
$136,000
Outstanding Balance
$125,101
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$110,671
Purchase Details
Closed on
Jun 11, 2003
Sold by
Schmidt Mary E
Bought by
Medina Humberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,285
Interest Rate
5.3%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 17, 1995
Sold by
Sundance Holdings Inc
Bought by
Schmidt Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
8.97%
Mortgage Type
FHA
Similar Homes in South Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grathoff Ralph | $170,000 | Chicago Title Insurance Co | |
| Medina Humberto | $140,500 | -- | |
| Schmidt Mary E | $105,000 | Ticor Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grathoff Ralph | $136,000 | |
| Previous Owner | Medina Humberto | $136,285 | |
| Previous Owner | Schmidt Mary E | $84,309 | |
| Previous Owner | Schmidt Mary E | $89,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $170,000 | +3.1% | $148 / Sq Ft |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $164,900 | -- | $143 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,951 | $55,093 | $13,784 | $41,309 |
| 2022 | $3,807 | $50,236 | $12,569 | $37,667 |
| 2021 | $3,568 | $46,967 | $11,751 | $35,216 |
| 2020 | $3,306 | $43,236 | $11,218 | $32,018 |
| 2019 | $3,171 | $41,185 | $10,686 | $30,499 |
| 2018 | $3,091 | $38,799 | $10,067 | $28,732 |
| 2017 | $2,921 | $36,679 | $9,517 | $27,162 |
| 2016 | $2,759 | $34,028 | $8,829 | $25,199 |
| 2015 | -- | $31,190 | $8,093 | $23,097 |
| 2014 | -- | $30,805 | $7,993 | $22,812 |
| 2013 | -- | $34,220 | $8,204 | $26,016 |
Source: Public Records
Agents Affiliated with this Home
-
Wade Maisto
Seller's Agent in 2021
Wade Maisto
Great Western Properties
(630) 965-8700
22 Total Sales
-
Denise Gombar
Buyer's Agent in 2021
Denise Gombar
HomeSmart Connect LLC
(630) 362-8374
35 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11102149
APN: 06-27-305-032
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