When was property at 1043 North Lancaster Circle built and last sold?

The property at 1043 North Lancaster Circle was built in 1993 and last sold on Mar 15, 2024 for $435,000.

How much is this home worth?

The estimated value of the home located at 1043 North Lancaster Circle is $0.

What are some comparable homes to 1043 North Lancaster Circle?

There are currently no comparable homes to 1043 North Lancaster Circle.

South Elgin

60177

1043 N Lancaster Circle

$435,000

● House - Off Market

1043 N Lancaster Circle

South Elgin, IL 60177

3 Beds

3 Baths, 1 Half Bath

1,949 Ft²

$2,669

Est. Monthly

5.69%

Cap Rate

About This Property

Experience living in the heart of south Elgin at 1043 N Lancaster Ln. This home is move in ready! Enjoy hardwood floors on the main level, 3 bedrooms and a spacious loft on 2nd level , 2 story living room and inviting open dining room area. The primary bedroom has vaulted ceilings, dual closets, and dual vanity. The kitchen has granite countertops, stainless steel appliances and cherry cabinets. Many upgrades including Roof, siding and finished basement with wine bar(all done in 2015) Basement also has hidden away storage.. Relax and enjoy in the fenced backyard and new deck(2023) and pool(2022) is a perfect way to relax in the summer. Centrally located minutes away from shopping, restaurants and highways. Walkable to Jim Hansen Park. Other updates include: Water heater 2017, A/C 2011. Washer and Dryer 2018. Don't wait, come see this one today. In home SONOS/Control 4 audio system for family rom, kitchen, ,loft, master bedroom and deck) Multiple offers received, highest and best due Feb 11 at 5PM

Unit Size

1,949 Ft²

Days on Market

Land Size

Price per sqft

$213

Property Type

House

Property Taxes

$631

HOA Dues

Year Built

1993

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11976721)

Price History

Date / Event	Date	Event
Mar 19, 2024	Sold	Premium
Sold
Feb 8, 2024	Listed by Suburban Life Realty, Ltd.	$415,000
Listed by Suburban Life Realty, Ltd.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1993

Effective Year Built: 1993
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 967
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,405

Lot Size Depth Feet: 1,160
Lot Size Frontage Feet: 650
Total Building Area: 2,916
Gross Building Area: 2,916
Building Area: 1,949
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 0
Heated Square Feet: 1,949
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: SUGAR RIDGE
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: SUGAR RIDGE UNIT 2 LOT 535

Neighborhood

School District Name: School District U-46

Census Tract: 851801

Geography

Parcel: 06-34-379-015

Lot: 535
Municipality: ELGIN
Latitude: 41.9874
Longitude: -88.3128

Address

Full Address: 1043 N Lancaster Cir

Legal Unit: 2
Address - House Number: 1043
Street Direction: N
Address - Street Name: Lancaster
Address - Suffix Type: Cir
State: IL
City Name: South Elgin
Carrier Code: R058
4-Digit Zip Code: 2708
Zip Code: 60177

Valuation

Tax

Tax Year: 2022

Tax Amount: $756,772
Tax Rate Code Area: EL012

Appraisal Valuation

Standard Deviation: 0.0887

Valuation Date: Mar 27, 2024
Confidence Score: 92
Final Value: 410,947
High Value: 447,432
Low Value: 374,462

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $281,936

Market Land Value: $70,006
Market Improvement Value: $211,930

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $93,941
Assessed Land Value: $23,326
Assessed Improvements Value: $70,615

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 15, 2024

Current Sale Recording Date: Mar 26, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 9841
Previous Sale Recording Date: Mar 27, 2015
Previous Sale Contract Date: Mar 16, 2015
Previous Sale Amount: $254,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About South Elgin

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

Average Home Size

2083 ft²

Average Home Age

20.1 years

Currently For Sale

38 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 181 Kingsport Drive, South Elgin, IL, 60177

$2,900 /mo

3 Beds
3 Baths
1,577 ft²

181 Kingsport Drive, South Elgin, IL, 60177 Listing by Jerome Greene

Unit for rent at 25 Melrose Court, South Elgin, IL, 60177

$2,800 /mo

3 Beds
2 Baths
1,600 ft²

25 Melrose Court, South Elgin, IL, 60177 Listing by Michael Caulfield

Unit for rent at 466 Comstock Road, South Elgin, IL, 60177

$2,900 /mo

3 Beds
3 Baths
1,577 ft²

466 Comstock Road, South Elgin, IL, 60177 Listing by Raymond Watson

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kendra Perham, Suburban Life Realty, Ltd.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11976721

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1043 N Lancaster Circle

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About South Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions