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Elgin 60123 Southwest Elgin
1679 SEATON Lane
$293,000
● House - Off Market

1679 SEATON Lane

ELGIN, IL 60123
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,177 Ft²
$468,421
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

NOTHING TO DO BUT MOVE IN!!!! This beautiful home features a dramatic 2 story living and dining room with floor to ceiling windows allowing for tons of natural light. Recent cherry hardwood throughout foy/liv/din/kit. Stunning kitchen with maple cabinets, granite tops, stainless appliances, island and pantry!! Family room is wired for surround sound. Upstairs you will find generously sized bedrooms. The master suite boasts crown molding, a large WIC, a beautiful luxury bath with soaker tub, separate shower and dual sink granite vanity. The finished basement is perfect for entertaining with a custom built bar, large family/recroom area, wine cellar room and bathroom. Outside is professionally landscaped with a fully fenced yard and paver patio for fun or relaxing. Close to shopping, dining and schools!!!
Unit Size
2,177 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$133
Property Type
House
Property Taxes
$634
HOA Dues
$21
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #09567123)

Price History

Date / Event Date Event Price
May 22, 2017 Sold
Premium
Sold
Mar 15, 2017 Listed by Fox Hollow Properties $289,900
Listed by Fox Hollow Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 878
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,055
  • Gross Building Area: 3,055
  • Building Area: 2,177
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,177
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MULBERRY GROVE
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: MULBERRY GROVE UNIT 3 LOT 67

Neighborhood

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

Geography

  • Parcel: 06-33-328-027
  • Lot: 67
  • Municipality: ELGIN
  • Latitude: 41.9918
  • Longitude: -88.3361

    Address

  • Full Address: 1679 Seaton Ln
  • Legal Unit: 3
  • Address - House Number: 1679
  • Address - Street Name: Seaton
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R031
  • 4-Digit Zip Code: 8894
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $840,432
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 390,746
  • High Value: 445,022
  • Low Value: 336,470

    Market Valuation

  • Market Total Value: $308,893
  • Market Land Value: $70,006
  • Market Improvement Value: $238,887

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,923
  • Assessed Land Value: $23,326
  • Assessed Improvements Value: $79,597

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K026923
  • Previous Sale Recording Date: Jul 03, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Southwest Elgin

Stats & Trends

Median Asking:

$299,698

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1820 ft²

Average Home Age

55.8 years

Currently For Sale

16 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

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MRED

Listed by: , Fox Hollow Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 09567123
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.

Frequently Asked Questions

When was property at 1679 Seaton Lane built and last sold?
The property at 1679 Seaton Lane was built in 2003 and last sold on May 16, 2017 for $293,000.
How much is this home worth?
The estimated value of the home located at 1679 Seaton Lane is $0.
What are some comparable homes to 1679 Seaton Lane?
There are currently no comparable homes to 1679 Seaton Lane.
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