NOT LISTED FOR SALE

8N525 Wood Bridge Ln Elgin, IL 60124

Estimated Value: $649,000 - $744,000

4 Beds
4 Baths
4,000 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $489,900 $122 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,866/month

37 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Recreation Room
  • Lily Lake Grade School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of November 2020

Elegant, tranquil, and tastefully decorated. This stunning, custom, walk-out ranch is set on 1.6 acres of privacy and seclusion. Designed to exacting standards with an openness for entertaining. Exquisitely appointed with Brazilian Cherry flooring, 42" cabinetry, 10ft ceilings, and artisan millwork. Two main level bedrooms and a den/office with full length transom windows provide constant views of nature. Enjoy warmth of an illuminated tray ceiling in the formal dining room, and focal point fireplace in the great living room with a custom floor . Lower level, walkout basement provides amazing living space with a large family room, private theater room, professionally designed bar and two additional bedrooms. Lower level has 9ft ceilings with recessed lighting, abundant natural lighting, a glowing fireplace, plus great views of nature. Upgrades include- 6" insulation (4" standard), brand new A/C, Bosch DW, mosaic tile floor and many more. 10 minutes from Randall / 15mins to I-90 / 5mins to Rte 20. Ideal location for the balance of the commute & privacy!

Last Agent to Sell the Property

Paul Chadwick

Baird & Warner Fox Valley - Geneva License #471002108 Listed on: 09/08/2020

Baird & Warner Fox Valley -  Geneva

Co-Listed By

Lisa Schutz

Baird & Warner Fox Valley - Geneva License #475168623

Last Buyer's Agent

Venetia O'Malley

Century 21 Circle License #475162146

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,677

Year Built

  • 2001

Lot Details

  • Landscaped Professionally
  • Wooded Lot

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Includes Fireplace Accessories
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Great Room
  • Dining Area
  • Home Theater
  • Home Office
  • Recreation Room
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Brick Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,677

Year Built

2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 16-20 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances, Cooktop, Oven/Built-in
  • Equipment: Humidifier, Water-Softener Owned, Security System, Ceiling Fan, Sump Pump, Backup Sump Pump;
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs, Includes Accessories
  • Fireplace Location: Living Room, Basement
  • Basement: Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X7, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 13X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Walk-in
  • Additional Rooms: Office, Eating Area, Great Room, Recreation Room, Theatre Room
  • Master Bedroom: Dimensions: 23X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Office, Dimensions: 15X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Eating Area, Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 3 Name: Great Rm, Dimensions: 19X18, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 3: Dimensions: 13X12, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 4 Name: Recreation Rm, Dimensions: 15X10, On Level: Walkout Basement, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 5 Name: Theater Rm, Dimensions: 17X12, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 6 Name: Bar, Dimensions: 12X11, On Level: Walkout Basement, Flooring: Carpet
  • Estimated Sq Ft: 4000
  • Dining Room Type: Separate
  • Family Room: Dimensions: 17X19, On Level: Walkout Basement, Flooring: Carpet

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Brick Paver Patio, Storms/Screens
  • Acreage: 1.6691

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 545X323X405
  • Lot Description: Landscaped Professionally, Wooded
  • Parcel Identification Number: 0532276030

Tax Info

  • Taxes: 12864.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Alvarez Dawn and Alvarez Arturo
Bought by
Arturo Alvarez Iii And Dawn Alvarez Living Tr and Alvarez
Current Estimated Value
$692,605

Purchase Details

Closed on
Sep 11, 2020
Sold by
Faraglia Brian and Faraglia Cynthia
Bought by
Alvarez Arturo and Alvarez Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,920
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2017
Closed on
Mar 13, 2018
Sold by
Park Arlia C J
Bought by
Faraglia Brian and Faraglia Cynthia
Seller's Agent
William Brooks
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Tiffany Riehle
Keller Williams Inspire - Geneva
List Price
$499,500
Sold Price
$470,000
Premium/Discount to List
-$29,500
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$100,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2000
Sold by
Cole Taylor Bank
Bought by
Park Yong S and Yong S Park Revocable Trust

Purchase Details

Closed on
Nov 7, 1997
Sold by
Heise Georgeann
Bought by
Cole Taylor Bank and Harris Trust
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
Arturo Alvarez Iii And Dawn Alvarez Living Tr -- None Listed On Document
Alvarez Arturo $490,000 First American Title
Faraglia Brian $470,000 Chicago Title Insurance Co
Park Yong S $94,000 --
Cole Taylor Bank $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Arturo $391,920
Previous Owner Faraglia Brian $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $489,900 0.0% $122 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $489,900 -2.0% $122 / Sq Ft
09/08/2020 09/08/20 For Sale $500,000 +6.4% $125 / Sq Ft
03/16/2018 03/16/18 Sold $470,000 -5.9% $118 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
08/16/2017 08/16/17 For Sale $499,500 -- $125 / 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 $14,677 $198,994 $31,322 $167,672
2023 $13,195 $168,575 $28,333 $140,242
2022 $13,589 $166,242 $24,917 $141,325
2021 $12,914 $154,103 $24,072 $130,031
2020 $12,648 $151,333 $23,639 $127,694
2019 $12,865 $149,376 $23,333 $126,043
2018 $12,625 $154,350 $24,106 $130,244
2017 $9,504 $116,287 $23,495 $92,792
2016 $10,066 $113,529 $22,938 $90,591
2015 -- $113,529 $22,938 $90,591
2014 -- $108,178 $22,938 $85,240
2013 -- $112,250 $23,330 $88,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10849560

Midwest Real Estate Data (MRED)

APN: 05-32-276-030