NOT LISTED FOR SALE

765 Terrace Ct Unit 107 Elgin, IL 60120

Bluff City Neighborhood

Estimated Value: $129,000 - $170,000

2 Beds
1 Bath
850 Sq Ft
$210/mo HOA Fee

Last Sold February 28, 2014

Last sale price $60,000 $71 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,223/month

60 Days on Market

Highlights

  • Main Floor Bedroom
  • Breakfast Bar
  • Storage
  • Attached Garage
  • Patio
  • Hot Water Heating System

About This Home

As of February 2014

LOTS NEW IN THIS 1ST. FLOOR CONDO A SHORT WALK FROM ELGIN'S SCENIC LORD'S PARK. NEW FLOORING, NEW BATH, NEW STOVE, MICROWAVE, DISHWASHER, KITCHEN CABINETS, NEW A/C UNITS AND MORE! HEATED UNDERGROUND PARKING, WELL RUN ASSOCIATION WITH AMPLE RESERVES. THIS A SHORT SALE WITH A TOP NOTCH SHORT SALE FACILITATOR.

Last Agent to Sell the Property

Gordon Gromer

RE/MAX Horizon License #475103999 Listed on: 09/15/2013

RE/MAX Horizon

Last Buyer's Agent

Sue Maday

Berkshire Hathaway HomeServices Starck Real Estate License #475146447

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,455

Year Built

  • 1975

Lot Details

  • 1.22

HOA Fees

  • $210 per month

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Interior Spaces

  • Main Floor Bedroom
  • Storage
  • Laminate Flooring
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,455

Year Built

1975

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1975

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 11X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Estimated Sq Ft: 850
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Cedar
  • Exterior Property Features: Patio, Storms/Screens, Door Monitored By TV, Cable Access

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Pet Count Limitation
  • Common Area Amenities: Coin Laundry, Elevator, Storage
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Security System, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 210
  • Management Contact Name: GRETCHEN
  • Management Phone: 847-742-5555

Fee Information

  • Management Company: RAGE MGMT.

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 06183006710070

Multi Family

  • Total Number Unitsin Building: 36
  • Number Stories: 3

Tax Info

  • Taxes: 1940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2013
Closed on
Feb 28, 2014
Sold by
Engelkemier John M and Engelkemier Bethany Jean
Bought by
Jes Sofia
Seller's Agent
Gordon Gromer
RE/MAX Horizon
Buyer's Agent
Sue Maday
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
Current Estimated Value
$148,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,204
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Wells Fargo Bank Na
Bought by
Engelkemier John M and Engelkemier Bethany Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2007
Sold by
Schroeder Melinda C and Schroeder Melinda
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2005-4 As

Purchase Details

Closed on
Oct 19, 2001
Sold by
Grochot John C and Grochot Joshua F
Bought by
Schroeder Melinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Christiansen Bert P and Christiansen Edith M
Bought by
Grochot John C and Grochot Joshua F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,725
Interest Rate
6.94%

Purchase Details

Closed on
Apr 19, 1996
Sold by
Christiansen Bert P and Christiansen Edith M
Bought by
Christiansen Bert P and Christiansen Edith M
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
Jes Sofia $60,000 None Available
Engelkemier John M $100,000 First American Title
Wells Fargo Bank Na -- None Available
Schroeder Melinda C $78,000 --
Grochot John C $66,000 Professional National Title
Christiansen Bert P -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engelkemier John M $90,000
Previous Owner Schroeder Melinda C $92,000
Previous Owner Schroeder Melinda C $74,500
Previous Owner Schroeder Melinda C $50,000
Previous Owner Grochot John C $63,725
Previous Owner Grochot John C $63,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $60,000 -5.7% $71 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/28/2013 10/28/13 Price Changed $63,600 -2.0% $75 / Sq Ft
10/18/2013 10/18/13 Price Changed $64,900 -2.0% $76 / Sq Ft
09/30/2013 09/30/13 Price Changed $66,250 -2.0% $78 / Sq Ft
09/24/2013 09/24/13 Price Changed $67,600 -2.0% $80 / Sq Ft
09/15/2013 09/15/13 For Sale $69,000 -- $81 / 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 $2,455 $8,777 $931 $7,846
2023 $2,455 $8,777 $931 $7,846
2022 $2,455 $8,777 $931 $7,846
2021 $2,022 $5,578 $659 $4,919
2020 $2,022 $5,578 $659 $4,919
2019 $28 $6,264 $659 $5,605
2018 $0 $5,969 $581 $5,388
2017 $2,022 $5,969 $581 $5,388
2016 $1,902 $5,969 $581 $5,388
2015 $2,629 $7,484 $543 $6,941
2014 $1,673 $7,484 $543 $6,941
2013 $1,598 $7,484 $543 $6,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08447692

Midwest Real Estate Data (MRED)

APN: 06-18-300-067-1007