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1260 Deer Pointe Drive

1260 Deer Pointe Drive, South Elgin, IL 60177
Property in Elgin
Sold Oct 07, 2016
$355,000
$337,250 by K Hovnanian American Mortgage
Mortgage Due Nov 01, 2046
Sold Nov 25, 2013
$1,050,000
Local assessors in South Elgin, IL have categorized 1260 Deer Pointe Drive as a residential type of property. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 760 ft.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1260 Deer Pointe Drive sold most recently in Oct 3, 2016 for a total of $355,000. Before that, the property was also sold for $1,050,000 in Nov 22, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,073 in taxes each year. 1260 Deer Pointe Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $123,740. If we break it down further, the land itself was valued at $32,808. Improvements to the property, however, were assessed at a total of $90,932. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 760
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE POINTE SUB
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRAIRIE POINTE SUB PHASE 2 LT 79

Ownership

  • Current Owner : PETERS RICHARD
  • Current Owner 2: PETERS JENNIFER
  • Previous Owner : K HOVNANIAN AT PRAIRIE POINTE LLC
  • Owner Before Previous Owner: QC LAND DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Subdivision Phase Number: 2
  • Parcel: 06-25-330-019
  • Lot: 79
  • Municipality: ELGIN
  • Latitude: 42.0058
  • Longitude: -88.2759

    Address

  • Full Address: 1260 Deer Pointe Dr
  • Address - House Number: 1260
  • Address - Street Name: Deer Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R056
  • 4-Digit Zip Code: 1342
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,073
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1325
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 468,768
  • High Value: 530,900
  • Low Value: 406,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,250
  • First Open Lien Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 07, 2016
  • First Open Lien Mortgage Loan Amount: $337,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $371,369
  • Market Land Value: $98,463
  • Market Improvement Value: $272,905

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,740
  • Assessed Land Value: $32,808
  • Assessed Improvements Value: $90,932

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 03, 2016
  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Transaction ID: 1800420803
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016K054774
  • Previous Sale Recording Date: Nov 25, 2013
  • Previous Sale Contract Date: Nov 22, 2013
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • First Mortgage Transaction Date: Oct 07, 2016
  • First Mortgage Loan Amount: $337,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About South Elgin



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Frequently Asked Questions

What neighborhood is 1260 Deer Pointe Drive located in?
The 1260 Deer Pointe Drive is a located in the neighborhood of Elgin in South Elgin, South Elgin.
What is the average sales price for listings in 1260 Deer Pointe Drive?
The average sales price for units in 1260 Deer Pointe Drive is $0 currently.

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