NOT LISTED FOR SALE

788 Richwood Ave Elgin, IL 60124

Far West Elgin Neighborhood

Estimated Value: $562,000 - $664,000

4 Beds
3 Baths
2,935 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $374,500 $128 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,242/month

376 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Room
  • Country Trails Elementary School Rated A-
  • Walk-In Pantry
  • Attached Garage

About This Home

As of August 2015

Can't be beat on this Premium Lot! There's no where else can you get OVER 2,900 square feet with a THREE CAR GARAGE! Soaring 2-story living room ~ Large dining room perfect for entertaining! Four spacious bedrooms All include Walk in Closets~Master includes luxury bath his and hers sinks & TWO walk-in closets! Standard features include hardwood flooring, kitchen w/ 42" Cabinets, & Walk-in Pantry!

Last Agent to Sell the Property

Sarah Leonard

Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 01/20/2014

Last Buyer's Agent

Lori Cromie

Haus & Boden, Ltd. License #471019069

Home Details

Home Type

  • Single Family

Year Built

  • 2014

Lot Details

  • 0.31

HOA Fees

  • $38 per month

Parking

  • Attached Garage
  • Tandem Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Breakfast Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks

Utilities

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

Home Details

Home Type

Single Family

Year Built

2014

Lot Details

0.31 Acres

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: NEW Proposed Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Colonial
  • Type Detached: 2 Stories
  • Estimated Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Disposal
  • Equipment: CO Detectors, Sump Pump
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Breakfast Room
  • Master Bedroom: Dimensions: 17X16, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2935
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X16, On Level: Main Level, Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 38

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 155 X 80 APPR.
  • Parcel Identification Number: 0501325006

Green Features

  • HERS Index Score: 62

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2014
Closed on
Aug 28, 2015
Sold by
William Ryan Homes Inc
Bought by
Rahimullah Naveed and Rahimullah Saman
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Lori Cromie
Haus & Boden, Ltd.
List Price
$319,990
Sold Price
$374,500
Premium/Discount to List
$54,510
17.03%
Current Estimated Value
$607,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,732
Avg. Annual Appreciation
4.72%
Original Mortgage
$133,665
Outstanding Balance
$105,307
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$501,925

Purchase Details

Closed on
Apr 20, 2015
Sold by
Pingree Llc
Bought by
William Ryan Homes Inc

Purchase Details

Closed on
Dec 14, 2011
Sold by
Second Step Asset Management Company
Bought by
Pingree Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
Gladstone Builders & Developers Inc
Bought by
Second Step Asset Management Company
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
Rahimullah Naveed $384,000 Fidelity National Title
William Ryan Homes Inc $63,500 Chicago Title Insurance Co
Pingree Llc $1,000,000 Chicago Title Insurance Co
Second Step Asset Management Company -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahimullah Naveed $133,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Off Market $374,500 -- --
08/26/2015 08/26/15 Sold $374,500 +3.5% $128 / Sq Ft
07/10/2015 07/10/15 Price Changed $361,990 +11.0% $123 / Sq Ft
05/14/2014 05/14/14 Price Changed $325,990 +1.9% $111 / Sq Ft
01/20/2014 01/20/14 For Sale $319,990 -- $109 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $12,896 $157,756 $33,165 $124,591
2023 $12,242 $140,494 $30,000 $110,494
2022 $11,545 $127,967 $32,035 $95,932
2021 $11,604 $123,628 $30,949 $92,679
2020 $11,607 $121,406 $30,393 $91,013
2019 $11,709 $119,836 $30,000 $89,836
2018 $11,918 $120,837 $24,521 $96,316
2017 $13,577 $128,098 $23,900 $104,198
2016 $14,334 $125,059 $23,333 $101,726
2015 -- $23,333 $23,333 $0
2014 -- $18,024 $18,024 $0
2013 -- $18,332 $18,332 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Leonard

    Seller's Agent in 2015

    Sarah Leonard

    Legacy Properties, A Sarah Leonard Company, LLC

    (224) 239-3966

    42 in this area

    2,683 Total Sales

    Sarah Leonard
    Section Image
  • Lori Cromie

    Buyer's Agent in 2015

    Lori Cromie

    Haus & Boden, Ltd.

    (312) 848-8191

    3 in this area

    118 Total Sales

    Lori Cromie
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08520561

Midwest Real Estate Data (MRED)

APN: 05-01-325-006

Illinois Kane County Elgin 60124 Far West Elgin

788 Richwood Ave, Elgin, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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