NOT LISTED FOR SALE

764 Terrace Ct Unit 764 Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $151,964 - $178,000

2 Beds
1 Bath
-- Sq Ft
$185/mo HOA Fee

Last Sold November 30, 2018

Last sale price $92,900

Est. 79% increase in value since last sale

Current estimated payment $1,329/month

41 Days on Market

Highlights

  • Lake Front
  • Property is near park
  • Balcony
  • Landscaped Professionally
  • Wooded Lot
  • Galley Kitchen

About This Home

As of November 2018

This fantastic 2 Bed 1 Bath second floor condo has been completely remodeled. Brand new flooring throughout the home. Freshly painted, new flooring in bathroom. Enjoy the beautiful views of Lord's Park and pond from your living room. Hurry, will not last...cheaper than rent - CONVENIENT TO SHOPPING & I-90! 100% TAX PRORATION. CHECK OUT THE LOW TAXES. QUICK CLOSE POSSIBLE!

Last Agent to Sell the Property

Shay Thakkar

ARNI Realty Incorporated License #475179115 Listed on: 09/13/2018

ARNI Realty Incorporated

Last Buyer's Agent

Violeta Pacheco

Century 21 Circle License #475176368

Century 21 Circle

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1987 | 2018

Lot Details

  • Lake Front
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $185 per month

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Water Views
  • North or South Exposure
  • Balcony
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built | Renovated

1987 | 2018

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1987
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1987
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11X9, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 8X16, On Level: 2nd Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar, Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X13, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Balcony
  • Exposure: N (North), Lake/Water, Park

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Assessment Includes: Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 185
  • Management Contact Name: Rebecca Madden
  • Management Phone: 630-554-6900

Fee Information

  • Management Company: Park Terrace Condo Association

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON GROUNDS
  • Lot Description: Common Grounds, Landscaped Professionally, Park Adjacent, Water View, Wooded
  • Parcel Identification Number: 06183000791004

Multi Family

  • Total Number Unitsin Building: 18
  • Number Stories: 3

Tax Info

  • Taxes: 1196.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 21, 2018
Sold by
Thakkar Shaishav and Thakkar Akhil
Bought by
Varela Fanny I
Seller's Agent
Shay Thakkar
ARNI Realty Incorporated
Buyer's Agent
Violeta Pacheco
Century 21 Circle
List Price
$94,500
Sold Price
$92,900
Premium/Discount to List
-$1,600
-1.69%
Current Estimated Value
$166,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,591
Avg. Annual Appreciation
8.50%
Original Mortgage
$90,113
Outstanding Balance
$78,767
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$87,724

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jun 26, 2018
Sold by
Zaragoza Nancy Paulina Cervantes
Bought by
Thakkar Shaishav and Thakkar Akhil
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Shay Thakkar
ARNI Realty Incorporated
List Price
$79,900
Sold Price
$72,201
Premium/Discount to List
-$7,699
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.79%
Original Mortgage
$57,750
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Cervantes Nancy Paulina

Purchase Details

Closed on
Mar 30, 2009
Sold by
Ballesteros Nicholas
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 14, 2005
Sold by
Miranda Othon
Bought by
Ballesteros Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,100
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2000
Sold by
Gracia Ana
Bought by
Miranda Othon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
7.86%

Purchase Details

Closed on
Aug 31, 2000
Sold by
Gracia Arturo
Bought by
Gracia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
7.86%

Purchase Details

Closed on
Aug 23, 2000
Sold by
Wisniewski Susan A
Bought by
Gracia Arturo and Gracia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
7.86%

Purchase Details

Closed on
Oct 20, 1993
Sold by
Hill Patricia and Hill James
Bought by
Wisniewski Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Varela Fanny I $93,000 Altima Title Llc
Thakkar Shaishav $72,500 Fidelity National Title
Cervantes Nancy Paulina -- Stewart Title Company
Secretary Of Housing & Urban Development -- None Available
Ballesteros Nicolas $111,500 Multiple
Miranda Othon $76,000 --
Gracia Ana -- --
Gracia Arturo $49,000 Professional National Title
Wisniewski Susan A $38,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Fanny I $90,113
Previous Owner Thakkar Shaishav $57,750
Previous Owner Ballesteros Nicolas $108,100
Previous Owner Miranda Othon $74,200
Previous Owner Gracia Arturo $44,100
Previous Owner Wisniewski Susan A $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $92,900 -1.7% --
10/26/2018 10/26/18 Price Changed $94,500 +5.1% --
10/24/2018 10/24/18 Pending -- -- --
10/05/2018 10/05/18 Price Changed $89,900 -3.8% --
09/28/2018 09/28/18 Price Changed $93,499 -1.1% --
09/21/2018 09/21/18 Price Changed $94,499 0.0% --
09/13/2018 09/13/18 For Sale $94,500 +30.9% --
07/06/2018 07/06/18 Sold $72,201 -9.6% -- View Prior Sale
04/19/2018 04/19/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $79,900 0.0% --
03/08/2018 03/08/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $79,900 -- --
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
2025 $3,382 $13,520 $913 $12,607
2024 $3,382 $11,750 $1,369 $10,381
2023 $3,287 $11,750 $1,369 $10,381
2022 $3,287 $11,750 $1,369 $10,381
2021 $2,022 $5,869 $969 $4,900
2020 $2,010 $5,869 $969 $4,900
2019 $2,020 $6,591 $969 $5,622
2018 $1,276 $3,756 $855 $2,901
2017 $1,272 $3,756 $855 $2,901
2016 $1,197 $3,756 $855 $2,901
2015 $1,970 $5,608 $798 $4,810
2014 $1,908 $5,608 $798 $4,810
2013 $1,846 $5,608 $798 $4,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10081706

Midwest Real Estate Data (MRED)

APN: 06-18-300-079-1004