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Kane 60124
38W116 Richard Drive
$413,000
● House - Off Market

38W116 Richard Drive

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,476 Ft²
$2,605
Est. Monthly
5.59%
Cap Rate

About This Property

Charming Brick-Front Ranch Home on 1/2 Acre.  Welcome to this lovely brick-front ranch home nestled on a spacious half-acre lot. This property features a large asphalt driveway and a convenient storage shed. Home Highlights: 3 bedrooms and 2.5 bathrooms, including a master suite with a walk-in closet and private powder room.  An inviting front living room filled with natural light and a family room that includes a functional, free-standing wood-burning fireplace.  Enjoy an updated kitchen with stainless steel appliances, flowing seamlessly into the eating area and family room-perfect for entertaining. Garage: Heated and insulated 2-car garage for year-round comfort.  A full, finished basement with a full bathroom, offering endless possibilities for a fourth bedroom, family room, home gym, or office.  A private back patio, reminiscent of a cozy courtyard, and a well-kept yard adorned with mature trees.  NEW vinyl plank flooring in entrance foyer, hallway, bathroom, kitchen and dining room (2024).  The 1st floor full bathroom is NEW and is fully renovated (2024). NEW deep basin sink and faucet in kitchen (2024). Minutes from schools, library, Sam's warehouse, Walmart, dining, movie theatres, walking/biking trails, metra and so much more.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$278
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1972

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Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,476
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,952
  • Gross Building Area: 2,952
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NISKAYUNA SUB
  • Land Acres: 0000000551
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: NISKAYUNA SUB LOT 37

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851912

Geography

  • Parcel: 06-31-276-013
  • Lot: 37
  • Municipality: ELGIN
  • Latitude: 41.9945
  • Longitude: -88.3625

    Address

  • Full Address: 38w116 Richard Dr
  • Address - House Number: 38w116
  • Address - Street Name: Richard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R008
  • 4-Digit Zip Code: 0516
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $674,868
  • Tax Rate Code Area: EL006

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 361,404
  • High Value: 417,464
  • Low Value: 305,344

    Market Valuation

  • Market Total Value: $271,846
  • Market Land Value: $73,049
  • Market Improvement Value: $198,797

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,579
  • Assessed Land Value: $24,340
  • Assessed Improvements Value: $66,239

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20744
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 Kane


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2438 Anna Way, Elgin, IL, 60124

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2438 Anna Way, Elgin, IL, 60124 Listing by Meha Parikh
Unit for rent at 2354 Nantucket Lane, Elgin, IL, 60123

$2,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,636 ft²
2354 Nantucket Lane, Elgin, IL, 60123 Listing by Andrew Stoll
Unit for rent at 1137 Reserve Drive, Elgin, IL, 60124

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1137 Reserve Drive, Elgin, IL, 60124 Listing by Brandy Schuldt


Frequently Asked Questions

When was property at 38W116 Richard Drive built and last sold?
The property at 38W116 Richard Drive was built in 1972 and last sold on May 25, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 38W116 Richard Drive is $409,964.
What are some comparable homes to 38W116 Richard Drive?
There are currently no comparable homes to 38W116 Richard Drive.