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706 Glen Ivy Drive

706 Glen Ivy Drive, Elgin, IL 60120
Property in Southeast Elgin
Sold Oct 19, 2020
$217,000
$213,069 by First Centennial Mortgage Corp
Mortgage Due Sep 01, 2050
Sold Jan 19, 2017
$190,000
$180,500 by Draper & Kramer Mortgage Corp
Mortgage Due Feb 01, 2047
706 Glen Ivy Drive in Elgin, IL was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 706 Glen Ivy Drive has 1,120 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 6,784 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating 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, 706 Glen Ivy Drive was last sold in Aug 18, 2020 for $217,000. According to our calculations, that's $193.75 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Jan 17, 2017. Current property owners are expected to pay $6,154 in taxes per year. The property on 706 Glen Ivy Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,000. To break that down further, the land itself was valued at $4,410. While improvements to the property were assessed at a total of $17,590. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,784
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUMMERHILL UNIT3
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUMMERHILL) (UNIT3) A SUB OF PT OF SEC SEC 19-41-09

Ownership

  • Current Owner : ANDRADE ADRIAN
  • Previous Owner : PINEDA KRISTINA
  • Previous Owner 2: REYES MARTIN
  • Owner Before Previous Owner: CARTER DANIEL R
  • Owner Before Previous Owner 2: CARTER JANET K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804406

Geography

  • District: 18
  • Parcel: 06-19-406-005-0000
  • Lot: 217
  • Meridian: SEC 19 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0226
  • Longitude: -88.2438

    Address

  • Full Address: 706 Glen Ivy Dr
  • Legal Unit: 3
  • Address - House Number: 706
  • Address - Street Name: Glen Ivy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C002
  • 4-Digit Zip Code: 7600
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,154
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 290,537
  • High Value: 356,213
  • Low Value: 224,862

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $223,483
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $213,069
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Feb 14, 2024
  • Second Open Lien Mortgage Loan Amount: $10,414
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2064

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $44,100
  • Market Improvement Value: $175,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,410
  • Assessed Improvements Value: $17,590

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11792859134
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029121000
  • Previous Sale Recording Date: Jan 19, 2017
  • Previous Sale Contract Date: Jan 17, 2017
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $213,069
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 19, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $180,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Southeast Elgin



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Frequently Asked Questions

What neighborhood is 706 Glen Ivy Drive located in?
The 706 Glen Ivy Drive is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 706 Glen Ivy Drive?
The average sales price for units in 706 Glen Ivy Drive is $0 currently.

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