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698 Shenandoah Trail

698 Shenandoah Trail, Elgin, IL 60123
Sold Nov 15, 2019
$282,500
$277,137 by First Centennial Mortgage Corp
Mortgage Due Dec 01, 2049
698 Shenandoah Trail in Elgin, IL was first built in 1988 and is 36 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 698 Shenandoah Trail has 2,317 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 698 Shenandoah Trail sold most recently in Nov 7, 2019 for a total of $282,500. If you work out the math, that's approximately a cost of $77.78 per sqft. 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 $8,244 in taxes each year. 698 Shenandoah Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $101,077. 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 $74,829. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 1,315
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,632
  • Gross Building Area: 3,632
  • Building Area: 2,317
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,317
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY CREEK
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY CREEK UNIT 8 LOT 285

Ownership

  • Current Owner : LIGON JEFFREY K
  • Previous Owner : FERRY CHARLES LEE
  • Previous Owner 2: FERRY MICHELE R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • Parcel: 06-09-251-004
  • Lot: 285
  • Municipality: ELGIN
  • Latitude: 42.0517
  • Longitude: -88.3314

    Address

  • Full Address: 698 Shenandoah Trl
  • Legal Unit: 8
  • Address - House Number: 698
  • Address - Street Name: Shenandoah
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Elgin
  • Carrier Code: C068
  • 4-Digit Zip Code: 2518
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,244
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 83
  • Final Value: 395,869
  • High Value: 450,857
  • Low Value: 340,882

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $288,163
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 15, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $277,137
  • 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: Dec 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jan 05, 2024
  • Second Open Lien Mortgage Loan Amount: $11,026
  • Second Open Lien Mortgage Term: 310
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $303,352
  • Market Land Value: $78,776
  • Market Improvement Value: $224,577

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,077
  • Assessed Land Value: $26,248
  • Assessed Improvements Value: $74,829

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11678452135
  • Current Sale Price: $282,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019K055494

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $277,137
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Elgin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 698 Shenandoah Trail located in?
The 698 Shenandoah Trail is a house located in the neighborhood of Northwest Elgin in Northwest Elgin, Elgin.
What is the average sales price for listings in 698 Shenandoah Trail?
The average sales price for units in 698 Shenandoah Trail is $289,000 , or $120/sqft. currently.

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