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450 Churchill Drive

450 Churchill Drive, Elgin, IL 60124
Property in Elgin
Sold Oct 13, 2021
$235,000
$223,250 by Mutual Federal Bank
Mortgage Due Nov 01, 2051
Sold May 11, 2011
$154,000
$123,000 by Associated Bank Na
Mortgage Due May 01, 2041
450 Churchill Drive has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 450 Churchill Drive has 1,330 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 450 Churchill Drive was last sold in Sep 24, 2021 for $235,000. According to our calculations, that's $88.35 per sqft. Prior to that sales transaction, the property was sold for $154,000 in Apr 27, 2011. Current property owners are expected to pay $6,154 in taxes per year. The property on 450 Churchill Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $70,236. To break that down further, the land itself was valued at $16,278. While improvements to the property were assessed at a total of $53,958. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,330
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,660
  • Gross Building Area: 2,660
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST RIDGE VILLAGE CONDO
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST RIDGE VILLAGE CONDOMINIUM 1ST AMENDMENT UNIT 6-6

Ownership

  • Current Owner : SMITH ELIZABETH M
  • Current Owner 2: SMITH MARSHALL
  • Previous Owner : GASKILL SEAN MICAHEL
  • Previous Owner 2: MICHEL GASKILL KATHRYN
  • Owner Before Previous Owner: DANH THU PETER
  • Owner Before Previous Owner 2: DANH LAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851904

Geography

  • Parcel: 06-18-227-021
  • Lot: 5
  • Municipality: ELGIN
  • Latitude: 42.0422
  • Longitude: -88.3649

    Address

  • Full Address: 450 Churchill Dr
  • Legal Unit: 6
  • Address - House Number: 450
  • Address - Street Name: Churchill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R032
  • 4-Digit Zip Code: 8032
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,154
  • Tax Rate Code Area: EL024

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 277,282
  • High Value: 319,831
  • Low Value: 234,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,250
  • First Open Lien Mortgage Lender: MUTUAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $223,250
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $210,792
  • Market Land Value: $48,854
  • Market Improvement Value: $161,939

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,236
  • Assessed Land Value: $16,278
  • Assessed Improvements Value: $53,958

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11859205335
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K077575
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Contract Date: Apr 27, 2011
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL FEDERAL BANK
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $223,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ASSOCIATED BANK NA
  • Previous Mortgage Transaction Date: May 11, 2011
  • Previous Mortgage Loan Amount: $123,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

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Frequently Asked Questions

What neighborhood is 450 Churchill Drive located in?
The 450 Churchill Drive is a located in the neighborhood of Elgin in Elgin, Elgin.
What is the average sales price for listings in 450 Churchill Drive?
The average sales price for units in 450 Churchill Drive is $0 currently.

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