NOT LISTED FOR SALE

8n903 Il Route 47 Elgin, IL 60124

Estimated Value: $356,000 - $419,000

3 Beds
2 Baths
1,476 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $325,000 $220 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,668/month

6 Days on Market

Highlights

  • 3.3 Acre Lot
  • Cape Cod Architecture
  • Wood Burning Stove
  • Lily Lake Grade School Rated A-
  • Mature Trees
  • Wood Flooring

About This Home

As of June 2022

Motivated seller with charming 3 bed, 2 bath Cape Cod frame home, sitting on 3.3 beautiful acres in a great location with mature trees and lush lawn. Lot measures 347' (frontage) x 395'. 2-car attached garage. Large 26'x20' unfinished, walkout basement - lots of potential here. Wood burning stove/fireplace in living room for cozy nights. A peaceful location offering privacy as well as space. A relaxing oasis overlooking the beautiful tree-lined yard and the farm fields beyond. See how simple life can be. Come take a look! Solid home in need of updating. Calling out for a new owner to renovate to their liking and provide a little TLC. Pricing reflects need to update. Owner prefers to convey "as-is". Live in the country (but just minutes from shopping district and amenities). Come and make this property your own!

Last Agent to Sell the Property

Meg Carman

Coldwell Banker Realty License #475181442 Listed on: 04/26/2022

Coldwell Banker Realty

Last Buyer's Agent

Rigo Villagomez

Realta Real Estate License #475188161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1950

Lot Details

  • 3.3 Acre Lot
  • Lot Dimensions are 347x395x347x395
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Attached Fireplace Door
  • Triple Pane Windows
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • 100 Amp Service
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,900

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Water Softener Owned, Electric Cooktop, Electric Oven, Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Some Carpeting
  • LivingArea: 1476
  • Other Equipment: Water-Softener Owned, TV-Dish, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Window Features: Blinds,Shutters,Triple Pane Windows,Window Treatments

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Block
  • Lot Features: Mature Trees
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Propane
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 3.3
  • Lot Dimensions: 347X395X347X395
  • Rural (Y/N): Y
  • Lot Size: 3.0-3.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5900
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 31, 2022
Sold by
Herrmann Robert J
Bought by
Jaramillo Salomon and Jaramillo Lorena G
Seller's Agent
Meg Carman
Coldwell Banker Realty
Buyer's Agent
Rigo Villagomez
Realta Real Estate
List Price
$321,000
Sold Price
$325,000
Premium/Discount to List
$4,000
1.25%
Current Estimated Value
$394,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,667
Avg. Annual Appreciation
5.97%
Original Mortgage
$292,500
Outstanding Balance
$278,266
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$116,401

Purchase Details

Closed on
Feb 2, 2004
Sold by
Domke Laura J and Herrman Laura
Bought by
Herrmann Robert J
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
Jaramillo Salomon $325,000 New Title Company Name
Herrmann Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Salomon $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $325,000 +1.2% $220 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $321,000 -- $217 / 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 $7,109 $100,508 $40,535 $59,973
2023 $6,571 $87,962 $36,667 $51,295
2022 $6,001 $81,765 $35,595 $46,170
2021 $6,001 $78,992 $34,388 $44,604
2020 $5,895 $77,572 $33,770 $43,802
2019 $5,883 $76,569 $33,333 $43,236
2018 $5,598 $73,732 $34,200 $39,532
2017 $5,901 $76,376 $33,569 $42,807
2016 $6,241 $74,564 $32,773 $41,791
2015 -- $68,739 $32,773 $35,966
2014 -- $68,739 $32,773 $35,966
2013 -- $69,914 $33,333 $36,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11385151

Midwest Real Estate Data (MRED)

APN: 05-32-200-002