NOT LISTED FOR SALE

724 Butternut Ln Elgin, IL 60123

Estimated Value: $386,000 - $414,000

3 Beds
3 Baths
1,880 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $255,000 $136 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,793/month

77 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Bar Fridge
  • Vaulted Ceiling
  • Lower Floor Utility Room
  • Attached Garage

About This Home

As of January 2020

STUNNING, PERFECTLY MAINTAINED 2 STORY HOME LOCATED IN DESIRABLE VALLY CREEK NEIGHBORHOOD!! This home has been lovingly cared for and it shows!!! 3 BR, 2.5 BATHS plus a full finished basement! Beautiful from the moment you enter with vaulted ceilings, gas log fireplace and Brazilian teak hardwood flooring that flows from the living room to the kitchen and eating area. Kitchen has an open concept that opens to your cozy family room! Two-story staircase leads you up to the second floor with bedrooms and your updated full bathrooms! The basement is nicely done and features an open recreation area and a kitchenette! The outside is just as impressive with professional landscaping and a large concrete patio! Don't forget to check out the 3D tour!

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 10/10/2019

Last Buyer's Agent

Paul Knott

RE/MAX Horizon License #471009924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,200

Year Built

  • 1996

Lot Details

  • 7,841

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Bar Fridge
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Dining Area
  • Recreation Room
  • Lower Floor Utility Room
  • Laundry on main level
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Bar Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,200

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1996
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Disposal
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Eating Area, Recreation Room, Utility Room-Lower Level
  • Master Bedroom: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Recreation Rm, Dimensions: 27X22, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Utility Room-Lower Level, Dimensions: 18X19, On Level: Basement
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Bar, Dimensions: 8X7, On Level: Basement, Flooring: Wood Laminate
  • Estimated Sq Ft: 1880
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.1834

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 46
  • Elementary School: Creekside Elementary School
  • Middle School: Kimball Middle School
  • High School: Larkin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 72X111X73X111
  • Parcel Identification Number: 0609255035

Tax Info

  • Taxes: 6414.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2023
Sold by
Alvarez Francisco and Alvarez Laura Nataly
Bought by
La Luna Trust
Current Estimated Value
$397,992

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 23, 2020
Sold by
Ripoli Mark J and Ripoli Laura A
Bought by
Alvarez Francisco and Alvarez Laura Nataly
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Paul Knott
RE/MAX Horizon
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$127,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2018
Sold by
Li Mark J and Ripoli Laura A
Bought by
Ripoli Mark J and Ripoli Laura A

Purchase Details

Closed on
Aug 28, 1996
Sold by
Valley Creek Of Elgin Inc
Bought by
Ripoli Mark J and Ripoli Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.93%
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
La Luna Trust -- None Listed On Document
Alvarez Francisco $255,000 Fidelity National Title
Ripoli Mark J -- Attorney
Ripoli Mark J $176,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Francisco $127,500
Previous Owner Ripoli Mark J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $255,000 -1.5% $136 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/20/2019 12/20/19 For Sale $259,000 0.0% $138 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $259,000 -- $138 / 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 $8,200 $110,463 $32,257 $78,206
2023 $7,825 $99,795 $29,142 $70,653
2022 $7,370 $90,995 $26,572 $64,423
2021 $7,055 $85,074 $24,843 $60,231
2020 $7,407 $81,216 $23,716 $57,500
2019 $6,478 $77,363 $22,591 $54,772
2018 $6,415 $72,881 $21,282 $51,599
2017 $6,264 $68,899 $20,119 $48,780
2016 $5,964 $63,920 $18,665 $45,255
2015 -- $58,588 $17,108 $41,480
2014 -- $57,865 $16,897 $40,968
2013 -- $59,392 $17,343 $42,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10544752

Midwest Real Estate Data (MRED)

APN: 06-09-255-035