NOT LISTED FOR SALE

783 Red Barn Ln Elgin, IL 60124

Estimated Value: $381,659 - $421,000

4 Beds
3 Baths
1,654 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $230,000 $139 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,858/month

46 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Traditional Architecture
  • South Elgin High School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Millennium Park

About This Home

As of October 2016

PRIDE OF OWNERSHIP SPARKLES IN THIS 1700 SQ FT HOME LOCATED ON A GREAT INTERIOR LOT-TWO STORY ENTRY, FORMAL LIVING & DINING ROOM, SPACIOUS EAT-IN KITCHEN W/ALL APPL, OPEN TO THE FAMILY ROOM W/FRPL, SECOND FLOOR BOASTS A LOFT, MASTER WITH TRAY CEILING/WIC/SITTING ROOM OR NURSERY, ADDED SPACE IN THE FINISHED BASEMENT W/KNOTTY PINE WALLS/REC RM/FRPL/4TH BEDROOM/LOTS OF STORAGE/BATH ROUGH-IN, NEW WINDOWS, ROOF(2013) DECK TO ENJOY YOUR MATURE LANDSCAPED YARD. CLOSE TO SHOPPING AND TRANSPORTATION

Last Agent to Sell the Property

Sharon Gidley

RE/MAX Suburban License #471020652 Listed on: 07/07/2016

RE/MAX Suburban

Last Buyer's Agent

Alicja Brammer

HomeSmart Connect, LLC. License #471019292

HomeSmart Connect, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,851

Year Built

  • 1999

Lot Details

  • 10,019

HOA Fees

  • $3 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Recreation Room
  • Loft
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,851

Year Built

1999

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1999
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Ceiling Fan
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 20X10, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Loft, Recreation Room
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Loft, Dimensions: 14X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 3 Name: Recreation Rm, Dimensions: 28X12, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 16X12, On Level: Basement, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1654
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 17X14, On Level: Main Level, Flooring: Wood Laminate, Windows: All

Exterior Features

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

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: Asphalt
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 40

Schools

  • School District: 46
  • Elementary School: OTTER CREEK ELEMENTARY SCHOOL
  • Middle School: ABBOTT MIDDLE SCHOOL
  • High School: SOUTH ELGIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 73 X 129
  • Parcel Identification Number: 0628103008

Tax Info

  • Taxes: 5,538.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 31, 2016
Sold by
Bulat Dennis R and Bulat Cheryl L
Bought by
Merritt Matthew T and Schmidt Lisa M
Seller's Agent
Sharon Gidley
RE/MAX Suburban
Buyer's Agent
Alicja Brammer
HomeSmart Connect, LLC.
List Price
$232,500
Sold Price
$230,000
Premium/Discount to List
-$2,500
-1.08%
Total Days on Market
46
Current Estimated Value
$392,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,165
Avg. Annual Appreciation
6.41%
Original Mortgage
$218,500
Outstanding Balance
$178,021
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$214,144

Purchase Details

Closed on
Jan 4, 2002
Sold by
Bulat Dennis R and Bulat Cheryl L
Bought by
Bulat Dennis R and Bulat Cheryl L

Purchase Details

Closed on
Jun 25, 1999
Sold by
Windsor Development Corp
Bought by
Bulat Dennis R and Bulat Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
7.61%
Source: Public Records

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Range of Values:

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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
Merritt Matthew T $230,000 Chicago Ttile Ins Co
Bulat Dennis R -- --
Bulat Dennis R $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Matthew T $95,000
Closed Merritt Matthew T $56,572
Open Merritt Matthew T $218,500
Previous Owner Bulat Dennis R $184,000
Previous Owner Bulat Dennis R $150,000
Previous Owner Bulat Dennis R $54,000
Previous Owner Bulat Dennis R $21,000
Previous Owner Bulat Dennis R $24,000
Previous Owner Bulat Dennis R $142,300
Previous Owner Windsor Development Corp $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $230,000 -1.1% $139 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $232,500 -- $141 / 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 $7,851 $100,097 $25,582 $74,515
2022 $7,394 $91,271 $23,326 $67,945
2021 $7,078 $85,332 $21,808 $63,524
2020 $6,882 $81,462 $20,819 $60,643
2019 $6,687 $77,597 $19,831 $57,766
2018 $6,634 $73,101 $18,682 $54,419
2017 $6,491 $69,106 $17,661 $51,445
2016 $5,664 $64,112 $16,385 $47,727
2015 -- $58,764 $15,018 $43,746
2014 -- $55,063 $14,833 $40,230
2013 -- $56,515 $15,224 $41,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09279416

Midwest Real Estate Data (MRED)

APN: 06-28-103-008