See Home Value
$427,000
● House - Off Market

1031 Spinnaker Street

Elgin, IL 60123
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,481 Ft²
$2,901
Est. Monthly
$14
HOA / Fees
9.89%
Cap Rate

About This Property

Welcome to 1031 Spinnaker St., Elgin, IL 60123 - a spacious and elegant home that offers both comfort and style. Built in 1999, this property boasts 3,471 square feet of living space, making it one of the largest models in the area. With 6 bedrooms and 2.5 bathrooms, this home is perfect for buyers seeking ample space and modern amenities. The home features 6 spacious bedrooms, including a first-floor bedroom for added convenience, a finished basement with a modern, minimalistic design, a large, open living room with a striking fireplace and high ceilings, and a 2-car garage providing ample parking and storage space. The master bedroom includes a large walk-in closet, and recent upgrades such as a new roof (2016), AC unit (2017), and a new sump pump add to the home's appeal. The living area is a true centerpiece of this home, featuring a tall fireplace framed in a white mantel with a brick inlay. The high ceilings and large windows allow natural light to flood the room, creating a bright and inviting atmosphere. The adjacent kitchen, with its modern design, light wood cabinetry, and stainless steel appliances, offers a seamless flow between spaces, perfect for entertaining and family gatherings. The finished basement adds a contemporary touch and the recessed lighting ensures the space is well-lit and welcoming, making it ideal for a variety of uses, from a home office to a recreational area.  Located close to Randall Rd. and highway access, this home offers convenience for commuters. Additionally, the proximity to the Fox River and Fox River Trail provides ample opportunities for outdoor activities and recreation. This sale is based on the completion of a prior transaction.
Unit Size
2,481 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$169
Property Type
House
Property Taxes
$825
HOA Dues
$14
Year Built
1999

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Last updated: 2 years ago (MRED MLS #12177931)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Sold
Oct 9, 2024 In contract -
In contract
Oct 1, 2024 Listed by O'Neil Property Group, LLC $419,900
Listed by O'Neil Property Group, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,371
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,852
  • Gross Building Area: 3,852
  • Building Area: 2,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,481
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEARTLAND MEADOWS
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HEARTLAND MEADOWS UNIT 10 (WILLOW BAY) LOT 902

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851907

Geography

  • Parcel: 06-28-453-033
  • Lot: 902
  • Municipality: ELGIN
  • Latitude: 42.0006
  • Longitude: -88.3289

    Address

  • Full Address: 1031 Spinnaker St
  • Legal Unit: 10
  • Address - House Number: 1031
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: R013
  • 4-Digit Zip Code: 8580
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $929,762
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 422,380
  • High Value: 487,898
  • Low Value: 356,861

    Market Valuation

  • Market Total Value: $339,811
  • Market Land Value: $70,006
  • Market Improvement Value: $269,805

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,225
  • Assessed Land Value: $23,326
  • Assessed Improvements Value: $89,899

    Sales

  • Current Sale Contract Date: Nov 30, 1999
  • Current Sale Recording Date: Dec 15, 1999
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1999K117939
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 1031 Spinnaker Street built and last sold?
The property at 1031 Spinnaker Street was built in 1999 and last sold on Nov 30, 1999 for $243,000.
How much is this home worth?
The estimated value of the home located at 1031 Spinnaker Street is $0.
What are some comparable homes to 1031 Spinnaker Street?
There are currently no comparable homes to 1031 Spinnaker Street.