See Home Value
Elgin 60124
3031 Settlers Parkway
$699,000
● House - Off Market

3031 Settlers Parkway

Elgin, IL 60124
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,969 Ft²
$4,595
Est. Monthly
$35
HOA / Fees
4.10%
Cap Rate

About This Property

Stunning 6 Bedroom Home in the Desirable Providence Subdivision! Featuring Amazing Custom Woodwork and Built-Ins throughout, Every Corner of this Light Filled Home has been Thoughtfully Designed and Executed. You enter the Dramatic 2 Story Foyer, which leads to the Formal Dining Room with Coffered Ceiling and Living Room that is being used as an office. There's a Den on the First Floor, and a Large Family Room with a Cozy Wood Burning Fireplace. The Gourmet Kitchen was Remodeled in 2024 and Features Stainless Appliances, Quartz Countertops, Walk in Pantry with Freezer, a Butler's Pantry and Plenty of Cabinet & Counter Space! Sliders from the Kitchen lead out the Patio and Deck with Pergola that overlooks the Fenced Yard, Perfect for Relaxing or Entertaining. Off the Kitchen is the Mud Room & Laundry Room with more Custom Built-Ins, including a Dog Bed! Upstairs you'll find the Primary Retreat with a Private Bath and Huge Walk in Closet, along with 4 additional Generously Sized Bedrooms and another Full Bath. One of the bedrooms doubles as a Theater Room with Powered Retractable Screen and Projector. The Basement was remodeled in 2023 and is also loaded with Details including a Wet Bar, Family Room, Full Bath, Bedroom and a Dog Retreat! The Basement could make an ideal in-law arrangement as well. 3 Car Tandem Garage is Heated and offers 3 Phase Power with its own breaker box which would make it easy to add an electric car charger. The exterior has Custom Stonework and accent lighting. Backyard Electrical if you want to easily add a pool.  Most homes in the Neighborhood have asphalt driveways but this home has been replaced with concrete. Every single thing has been upgraded in the home from the lighting to the light switches ~~ Just a fantastic home!! The Providence Subdivision is full of Parks, a Clubhouse, Boat House, Stocked Pond, Tennis Courts and More. With over $175k in Upgrades, the pictures don't do this home justice, you owe it to yourself to visit in person  - You'll be Glad You Did!
Unit Size
3,969 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$1,127
HOA Dues
$35
Year Built
2005

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,912
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 5,881
  • Gross Building Area: 5,881
  • Building Area: 3,969
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVIDENCE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PROVIDENCE UNIT 1 LOT 37

Neighborhood

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

Geography

  • Parcel: 06-17-329-007
  • Lot: 37
  • Municipality: ELGIN
  • Latitude: 42.0344
  • Longitude: -88.3543

    Address

  • Full Address: 3031 Settlers Pkwy
  • Legal Unit: 1
  • Address - House Number: 3031
  • Address - Street Name: Settlers
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Elgin
  • Carrier Code: R007
  • 4-Digit Zip Code: 8936
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,272,324
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 545,890
  • High Value: 627,476
  • Low Value: 464,304

    Market Valuation

  • Market Total Value: $416,585
  • Market Land Value: $100,306
  • Market Improvement Value: $316,279

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,806
  • Assessed Land Value: $33,422
  • Assessed Improvements Value: $105,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2005
  • Current Sale Recording Date: Jul 12, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005K079694

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Elgin


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Nearby Rentals

Unit for rent at 2030 Padua Drive, Elgin, IL, 60123

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,561 ft²
2030 Padua Drive, Elgin, IL, 60123 Listing by Valerie Rivelli
Unit for rent at 726 Kentshire Circle, Elgin, IL, 60124

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,044 ft²
726 Kentshire Circle, Elgin, IL, 60124 Listing by Ramya Bonthapally


Frequently Asked Questions

When was property at 3031 Settlers Parkway built and last sold?
The property at 3031 Settlers Parkway was built in 2005 and last sold on Jun 24, 2005 for $499,500.
How much is this home worth?
The estimated value of the home located at 3031 Settlers Parkway is $705,990.
What are some comparable homes to 3031 Settlers Parkway?
There are currently no comparable homes to 3031 Settlers Parkway.