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547 Carriage Way

547 Carriage Way, South Elgin, IL 60177
Property in St. Charles
Sold Aug 27, 2021
$421,000
$336,800 by Home Point Financial Corporati
Mortgage Due Sep 01, 2051
Sold Jul 20, 2000
$311,000
$150,000 by Heritage Bank Of Schaumburg
Mortgage Due Aug 01, 2030
547 Carriage Way has been categorized by the local assessors in South Elgin, IL as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 547 Carriage Way has 2,341 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 998 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,490 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 465 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 547 Carriage Way sold most recently in Aug 23, 2021 for a total of $421,000. If you work out the math, that's approximately a cost of $179.84 per sqft. Before that, the property was also sold for $311,000 in Jul 14, 2000. 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 $10,342 in taxes each year. 547 Carriage Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $124,389. If we break it down further, the land itself was valued at $26,563. Improvements to the property, however, were assessed at a total of $97,826. 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. 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. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 998
  • Garage Type: Attached
  • Garage Square Area: 465
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,490
  • Total Building Area: 2,341
  • Gross Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,341
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNWOOD SUB
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 504

Ownership

  • Current Owner : PATEL NEELESH M
  • Current Owner 2: PATEL REKHA
  • Previous Owner : BINDER JUDITH A
  • Previous Owner 2: JUDITH A BINDER DECLARATION OF
  • Owner Before Previous Owner: OVERSTREET BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: St. Charles Community Unit School District 303
  • Census Tract: 852101

Geography

  • Parcel: 09-05-204-019
  • Lot: 504
  • Municipality: SAINT CHARLES
  • Latitude: 41.9817
  • Longitude: -88.3457

    Address

  • Full Address: 547 Carriage Way
  • Address - House Number: 547
  • Address - Street Name: Carriage
  • Address - Suffix Type: Way
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R055
  • 4-Digit Zip Code: 3292
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,342
  • Tax Rate Code Area: SC073

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 491,290
  • High Value: 556,230
  • Low Value: 426,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,800
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $336,800
  • 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: Sep 01, 2051
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $373,316
  • Market Land Value: $79,721
  • Market Improvement Value: $293,595

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,389
  • Assessed Land Value: $26,563
  • Assessed Improvements Value: $97,826

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11851041304
  • Current Sale Price: $421,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021K065614
  • Previous Sale Recording Date: Jul 20, 2000
  • Previous Sale Contract Date: Jul 14, 2000
  • Previous Sale Amount: $311,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $336,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE BANK OF SCHAUMBURG
  • Previous Mortgage Transaction Date: Jul 20, 2000
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030

About South Elgin



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Frequently Asked Questions

What neighborhood is 547 Carriage Way located in?
The 547 Carriage Way is a located in the neighborhood of St. Charles in South Elgin, South Elgin.
What is the average sales price for listings in 547 Carriage Way?
The average sales price for units in 547 Carriage Way is $0 currently.

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