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3028 Longcommon Parkway

3028 Longcommon Parkway, Elgin, IL 60124
Property in Elgin
Sold Jan 26, 2021
$340,000
$272,000 by Bluestar Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Nov 13, 2013
$292,500
$277,650 by K Hovnanian American Mortgage
Mortgage Due Oct 01, 2043
Local assessors in Elgin, IL have categorized 3028 Longcommon Parkway as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 20,473 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 3028 Longcommon Parkway has a total of 3,284 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. 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. Residents rely on air conditioning for their cooling system. The property was last sold in Aug 20, 2020 for $340,000. That's $73.66 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2013 for $292,500. 3028 Longcommon Parkway was last assessed in 2022. The total value of the property was assessed at $124,741. Specifically, the land the property is located on was valued at $36,726. While improvements on the property were assessed at a total of $88,015. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,951. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,332
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,616
  • Gross Building Area: 4,616
  • Building Area: 3,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROVIDENCE
  • Land Acres: 0.47
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: PROVIDENCE UNIT 1 LOT 16

Ownership

  • Current Owner : THAKKAR AMIT
  • Current Owner 2: THAKKAR KHYATI
  • Previous Owner : KEE REGINALD A L
  • Previous Owner 2: KEE QUIANA J
  • Owner Before Previous Owner: HOVSITE PROVIDENCE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851911

Geography

  • Parcel: 06-17-329-017
  • Lot: 16
  • Municipality: ELGIN
  • Latitude: 42.0337
  • Longitude: -88.3542

    Address

  • Full Address: 3028 Long Common Pkwy
  • Legal Unit: 1
  • Address - House Number: 3028
  • Address - Street Name: Long Common
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Elgin
  • Carrier Code: R012
  • 4-Digit Zip Code: 8823
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,951
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 477,410
  • High Value: 549,822
  • Low Value: 404,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: BLUESTAR MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $272,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $374,373
  • Market Land Value: $110,222
  • Market Improvement Value: $264,151

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,741
  • Assessed Land Value: $36,726
  • Assessed Improvements Value: $88,015

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815516977
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K006689
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Contract Date: Sep 27, 2013
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUESTAR MORTGAGE INC
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • Previous Mortgage Transaction Date: Nov 13, 2013
  • Previous Mortgage Loan Amount: $277,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Elgin



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Frequently Asked Questions

What neighborhood is 3028 Longcommon Parkway located in?
The 3028 Longcommon Parkway is a located in the neighborhood of Elgin in Elgin, Elgin.
What is the average sales price for listings in 3028 Longcommon Parkway?
The average sales price for units in 3028 Longcommon Parkway is $0 currently.

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