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589 Carriage Way

589 Carriage Way, South Elgin, IL 60177
House in St. Charles
Sold May 27, 2021
$395,000
$375,250 by Homeside Financial Llc
Mortgage Due Jun 01, 2051
Sold Mar 24, 2021
$281,500
589 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 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 589 Carriage Way has 2,510 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 partial basement that is 530 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 linear feet between the front and back of the lot is 620 ft and across the front of the lot is 1,290 ft. The area measurement of the land has been determined as 8,967 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 481 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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. Finally, the property is currently sourcing its water from a municipal system. 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, 589 Carriage Way was last sold in May 24, 2021 for $395,000. According to our calculations, that's $157.37 per sqft. Prior to that sales transaction, the property was sold for $281,500 in Feb 24, 2021. Current property owners are expected to pay $10,300 in taxes per year. The property on 589 Carriage Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $123,912. To break that down further, the land itself was valued at $26,563. While improvements to the property were assessed at a total of $97,349. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • 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: Partial basement
  • Basement Area: 530
  • Garage Type: Attached
  • Garage Square Area: 481
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,967
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 1,290
  • Total Building Area: 2,510
  • Gross Building Area: 2,510
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,510
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THORNWOOD
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THORNWOOD PHASE 3A - LOT 511

Ownership

  • Current Owner : MCMAHON CHRISTINE MC
  • Current Owner 2: MCMAHON JOHN MC
  • Previous Owner : MOHAMMED SALEEM
  • Previous Owner 2: MOHAMMED SALEEMA
  • Owner Before Previous Owner: KOENIG ANNE
  • Owner Before Previous Owner 2: CITIBANK NA
  • 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

  • Subdivision Phase Number: 3A
  • Parcel: 09-05-253-006
  • Lot: 511
  • Municipality: SAINT CHARLES
  • Latitude: 41.9804
  • Longitude: -88.3456

    Address

  • Full Address: 589 Carriage Way
  • Address - House Number: 589
  • 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: $10,300
  • Tax Rate Code Area: SC073

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 482,056
  • High Value: 553,086
  • Low Value: 411,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,250
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $375,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $371,885
  • Market Land Value: $79,721
  • Market Improvement Value: $292,164

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,912
  • Assessed Land Value: $26,563
  • Assessed Improvements Value: $97,349

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836928424
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021K040982
  • Previous Sale Recording Date: Mar 24, 2021
  • Previous Sale Contract Date: Feb 24, 2021
  • Previous Sale Amount: $281,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Elgin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 589 Carriage Way located in?
The 589 Carriage Way is a house located in the neighborhood of St. Charles in South Elgin, South Elgin.
What is the average sales price for listings in 589 Carriage Way?
The average sales price for units in 589 Carriage Way is $0 currently.

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