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517 Shenandoah Trail

517 Shenandoah Trail, Elgin, IL 60123
Sold Dec 30, 2016
$220,000
$216,015 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2047
Sold Sep 06, 1994
$160,000
$143,900 by Norwest Mtg
Mortgage Due Sep 01, 2024
Local assessors in Elgin, IL have categorized 517 Shenandoah Trail as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 12,197 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 517 Shenandoah Trail has a total of 1,938 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 517 Shenandoah Trail sold most recently in Dec 15, 2016 for a total of $220,000. If you work out the math, that's approximately a cost of $79.22 per sqft. Before that, the property was also sold for $160,000 in Aug 29, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,409 in taxes each year. 517 Shenandoah Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $91,449. If we break it down further, the land itself was valued at $26,248. Improvements to the property, however, were assessed at a total of $65,201. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 839
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,777
  • Gross Building Area: 2,777
  • Building Area: 1,938
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY CREEK
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY CREEK UNIT 1 LOT 116

Ownership

  • Current Owner : INCAVO JACLYN R
  • Previous Owner : KERSHNER VANCE L
  • Previous Owner 2: KERSHNER SUSAN E
  • Owner Before Previous Owner: FIRST REALTY GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851909

Geography

  • Parcel: 06-09-454-014
  • Lot: 116
  • Municipality: ELGIN
  • Latitude: 42.0441
  • Longitude: -88.329

    Address

  • Full Address: 517 Shenandoah Trl
  • Legal Unit: 1
  • Address - House Number: 517
  • Address - Street Name: Shenandoah
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Elgin
  • Carrier Code: C068
  • 4-Digit Zip Code: 2645
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,409
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 354,614
  • High Value: 410,002
  • Low Value: 299,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $274,457
  • Market Land Value: $78,776
  • Market Improvement Value: $195,681

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,449
  • Assessed Land Value: $26,248
  • Assessed Improvements Value: $65,201

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Transaction ID: 1916728790
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016K072192
  • Previous Sale Recording Date: Sep 06, 1994
  • Previous Sale Contract Date: Aug 29, 1994
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 30, 2016
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Sep 06, 1994
  • Previous Mortgage Loan Amount: $143,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2024

About Northwest Elgin



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Frequently Asked Questions

What neighborhood is 517 Shenandoah Trail located in?
The 517 Shenandoah Trail is a located in the neighborhood of Valley Creek Southwest in Northwest Elgin, Elgin.
What is the average sales price for listings in 517 Shenandoah Trail?
The average sales price for units in 517 Shenandoah Trail is $0 currently.

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