NOT LISTED FOR SALE

740 Fairview Ln South Elgin, IL 60177

Estimated Value: $372,000 - $400,521

3 Beds
4 Baths
1,642 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $238,000 $145 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,867/month

31 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Vaulted Ceiling
  • South Elgin High School Rated A-
  • Recreation Room
  • Den

About This Home

As of October 2016

Great Heartland Meadows home! 2-story family room with stone fireplace, picture window and 1/2 round window! Upgraded kitchen with cherry cabinets and Corian countertops! Separate formal living room! Spacious master bedroom with cathedral ceilings, 1/2 round window, walk-in closet and private bath! 2nd floor overlooks to family room below! Finished basement with rec room, den with double French door entry and full bath! Fenced yard with custom deck and patio!

Last Listed By

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 07/11/2016

RE/MAX Horizon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,807

Year Built

  • 1999

Lot Details

  • 6,534

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

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Den
  • Recreation Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,807

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings
  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Intercom, Ceiling Fan, Sump Pump
  • Fireplace Details: Wood Burning Stove, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 14X7, On Level: Main Level
  • Kitchen Type: Dimensions: 15X13, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Recreation Room, Den
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Den, Dimensions: 11X11, On Level: Basement, Flooring: Carpet
  • Additional Room 2 Name: Recreation Rm, Dimensions: 28X16, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1642
  • Family Room: Dimensions: 15X12, 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: Deck, Patio
  • Acreage: 0.15

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
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 65X99X51X24X83
  • Parcel Identification Number: 0628422002

Tax Info

  • Taxes: 6,447.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Christine Polyak
Bought by
Polyak Christine and Polyak Michael J
Total Days on Market
31
Current Estimated Value
$382,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$199,889
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$189,655

Purchase Details

Closed on
Oct 8, 2020
Sold by
Mckenna Garrett J
Bought by
Polyak Christine

Purchase Details

Listed on
Jul 11, 2016
Closed on
Oct 13, 2016
Sold by
Thornton Michael and Nytko Melissa
Bought by
Mckenna Garrett J and Polyak Christine
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Kenneth Chamlin
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$244,900
Sold Price
$238,000
Premium/Discount to List
-$6,900
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$160,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Williams Lisa M
Bought by
Thornton Michael and Thornton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,650
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Chapamn Tanya Y
Bought by
Williams Lisa M

Purchase Details

Closed on
Feb 3, 2003
Sold by
Anderson Douglas J and Anderson Michele A
Bought by
Chapman Tanya Y and Williams Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,125
Interest Rate
6.06%

Purchase Details

Closed on
Nov 15, 1995
Sold by
Brown Donald R and Brown Laurie S
Bought by
Anderson Douglas J and Anderson Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,559
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1994
Sold by
Sundance Holdings Inc
Bought by
Brown Donald R and Brown Laurie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
8.62%

Range of Values:

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Average Value
Not Available
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
Polyak Christine -- None Listed On Document
Mckenna Garrett J $238,000 Fidelity National Title
Thornton Michael $247,000 Multiple
Williams Lisa M -- Chicago Title Insurance Comp
Chapman Tanya Y $247,500 Chicago Title Insurance Comp
Anderson Douglas J $156,000 Advanced Title Services Inc
Brown Donald R $145,000 Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Garrett J $160,000
Previous Owner Thornton Michael $200,000
Previous Owner Thornton Michael $20,545
Previous Owner Thornton Michael $234,650
Previous Owner Chapman Tanya Y $235,125
Previous Owner Anderson Douglas J $50,000
Previous Owner Anderson Douglas J $172,000
Previous Owner Anderson Douglas J $20,000
Previous Owner Anderson Douglas J $172,000
Previous Owner Anderson Douglas J $143,559
Previous Owner Brown Donald R $134,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $238,000 -2.8% $145 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $244,900 -- $149 / 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 $8,807 $112,966 $25,582 $87,384
2022 $7,917 $103,005 $23,326 $79,679
2021 $7,429 $96,302 $21,808 $74,494
2020 $7,186 $91,935 $20,819 $71,116
2019 $6,900 $87,573 $19,831 $67,742
2018 $7,210 $82,499 $18,682 $63,817
2017 $6,855 $77,991 $17,661 $60,330
2016 $6,532 $72,355 $16,385 $55,970
2015 -- $66,320 $15,018 $51,302
2014 -- $63,784 $14,833 $48,951
2013 -- $65,466 $15,224 $50,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09282583

Midwest Real Estate Data (MRED)

APN: 06-28-422-002