NOT LISTED FOR SALE

764 Terrace Ct Unit C Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $163,341 - $203,000

2 Beds
1 Bath
950 Sq Ft
$254/mo HOA Fee

Last Sold January 31, 2023

Last sale price $137,000 $144 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,496/month

9 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Dining Room
  • Balcony
  • Laundry Room
  • Dogs and Cats Allowed

About This Home

As of January 2023

Very nicely updated condo with lake and waterfall views. New Water Heater within the last year. Fresh paint throughout. Granite counter tops. Great layout with huge balcony with living room and bedroom access. (Seller is offering $1300 cash back at closing)

Last Agent to Sell the Property

Tyler Bush

Real Broker, LLC License #475188582 Listed on: 12/21/2022

Last Buyer's Agent

Adalberto Sanchez

A&O Dream Key Real Estate License #471019763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1988

Lot Details

  • 0.95

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Lords Park Elementary School
  • Elgin High School

Utilities

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

Additional Features

  • Balcony
  • Waterfront

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Andrea Wood Association, Phone Number (630) 554-6900
  • Property managed by Park Terrace Condo Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,072

Year Built

Built in 1988

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 950
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 254
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Park Terrace Condo Association
  • Management Contact Name: Andrea Wood
  • Management Phone: 630-554-6900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other

Schools

  • Elementary School: Lords Park Elementary School
  • High School: Elgin High School

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2071.7
  • Tax Year: 2020

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 23, 2023
Sold by
Mcclinton Anton
Bought by
Sanchez Erick Nazareth Gui
Seller's Agent
Tyler Bush
Real Broker, LLC
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$139,999
Sold Price
$137,000
Premium/Discount to List
-$2,999
-2.14%
Views
94
Current Estimated Value
$183,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,835
Avg. Annual Appreciation
10.44%
Original Mortgage
$123,300
Interest Rate
6.15%

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 1, 2021
Sold by
Arevalo Jaqueline
Bought by
Mcclinton Anton
Seller's Agent
Romeo Lopez
CENTURY 21 New Heritage West
Buyer's Agent
Tyler Bush
Real Broker, LLC
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 15, 2016
Sold by
Olivia & Associates Llc
Bought by
Arevalo Jaqueline
Seller's Agent
Frank Montro
Keller Williams Preferred Rlty
Buyer's Agent
Karla Mina
MPower Residential Brokerage LLC
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$76,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Olivia And Associates Llc

Purchase Details

Closed on
Dec 7, 2015
Sold by
Raz Zahava
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 1, 2005
Sold by
Cooke Barbara L and Cooke Harlan
Bought by
Raz Zahava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2003
Sold by
Cooke Barbara L and Surges Barbara L
Bought by
Cooke Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1993
Sold by
Hill Patricia C and Hill James H
Bought by
Surges Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,700
Interest Rate
7.28%
Mortgage Type
FHA
Source: Public Records
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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
Sanchez Erick Nazareth Gui $137,000 None Listed On Document
Mcclinton Anton $135,000 Old Republic National Title
Arevalo Jaqueline $80,000 Attorney
Olivia And Associates Llc $25,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Raz Zahava $118,000 First American Title
Cooke Barbara L -- --
Surges Barbara L $39,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Erick Nazareth Gui $123,300
Previous Owner Arevalo Jaqueline $76,000
Previous Owner Raz Zahava $80,000
Previous Owner Cooke Barbara L $53,400
Previous Owner Surges Barbara L $57,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $137,000 -2.1% $144 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $139,999 +3.7% $147 / Sq Ft
10/04/2021 10/04/21 Sold $135,000 0.0% $142 / Sq Ft View Prior Sale
08/24/2021 08/24/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $135,000 +68.8% $142 / Sq Ft
09/15/2016 09/15/16 Sold $80,000 0.0% $84 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $80,000 -- $84 / 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
2025 $3,486 $13,935 $941 $12,994
2024 $3,486 $12,111 $1,411 $10,700
2023 $3,388 $12,111 $1,411 $10,700
2022 $3,388 $12,111 $1,411 $10,700
2021 $2,085 $6,050 $999 $5,051
2020 $2,072 $6,050 $999 $5,051
2019 $2,082 $6,794 $999 $5,795
2018 $1,316 $3,873 $882 $2,991
2017 $1,312 $3,873 $882 $2,991
2016 $1,234 $3,873 $882 $2,991
2015 $2,031 $5,781 $823 $4,958
2014 $423 $5,781 $823 $4,958
2013 -- $5,781 $823 $4,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11690716

Midwest Real Estate Data (MRED)

APN: 06-18-300-079-1003