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1370 Eliot Trail

1370 Eliot Trail, Elgin, IL 60120
Property in Southeast Elgin
Sold Jun 16, 2020
$320,000
$160,000 by Ocmbc Inc
Mortgage Due Jun 01, 2050
Sold Aug 02, 2005
$359,000
$269,250 by American Fidelity Mortgage Ser
Mortgage Due Aug 01, 2035
Local assessors in Elgin, IL have categorized 1370 Eliot Trail as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 20,196 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1370 Eliot Trail has a total of 2,246 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1370 Eliot Trail sold most recently in May 11, 2020 for a total of $320,000. If you work out the math, that's approximately a cost of $142.48 per sqft. Before that, the property was also sold for $359,000 in Jul 14, 2005. 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 $7,789 in taxes each year. 1370 Eliot Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,000. If we break it down further, the land itself was valued at $11,108. Improvements to the property, however, were assessed at a total of $22,892. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,196
  • Total Building Area: 2,246
  • Gross Building Area: 2,246
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,246
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTRY TRAILS UNIT 03
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 127 IN COUNTRY TRAILS UNIT 3 PA RT NW4 OF SEC17 T41N R09E 3P

Ownership

  • Current Owner : HUBER STAN
  • Current Owner 2: HUBER KAREN A
  • Previous Owner : ZOZZARO PASCUATE J
  • Previous Owner 2: ZOZZARO MELISSA
  • Owner Before Previous Owner: AHRENS MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804404

Geography

  • District: 18
  • Parcel: 06-17-115-008-0000
  • Lot: 127
  • Meridian: SEC 17 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0453
  • Longitude: -88.2367

    Address

  • Full Address: 1370 Eliot Trl
  • Address - House Number: 1370
  • Address - Street Name: Eliot
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Elgin
  • Carrier Code: R054
  • 4-Digit Zip Code: 5219
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,789
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2665
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 422,440
  • High Value: 535,039
  • Low Value: 309,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $111,080
  • Market Improvement Value: $228,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $11,108
  • Assessed Improvements Value: $22,892

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767752833
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016821105
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jul 14, 2005
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FIDELITY MORTGAGE SER
  • Previous Mortgage Transaction Date: Aug 02, 2005
  • Previous Mortgage Loan Amount: $269,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 1370 Eliot Trail located in?
The 1370 Eliot Trail is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 1370 Eliot Trail?
The average sales price for units in 1370 Eliot Trail is $0 currently.

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