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789 Thoreau Drive

789 Thoreau Drive, Elgin, IL 60120
Property in Southeast Elgin
Sold Jun 16, 2017
$192,500
$180,500 by Primelending
Mortgage Due Jun 01, 2047
Sold Jun 16, 2010
$125,000
$135,000 by First Residence Solutions Inc
Mortgage Due May 21, 2040
Local assessors in Elgin, IL have categorized 789 Thoreau Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 7,475 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 789 Thoreau Drive has a total of 1,130 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 789 Thoreau Drive was last sold in May 6, 2017 for $192,500. According to our calculations, that's $170.35 per sqft. Prior to that sales transaction, the property was sold for $125,000 in May 20, 2010. Current property owners are expected to pay $5,100 in taxes per year. The property on 789 Thoreau Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,651. To break that down further, the land itself was valued at $4,859. While improvements to the property were assessed at a total of $16,792. 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. 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. 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 7,475
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUMMERHILL UNIT1
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUMMERHILL) (UNIT1) A SUB OF PT OF SEC 20-41-09

Ownership

  • Current Owner : TORRES RUBEN
  • Previous Owner : ROSE ASHLEY A
  • Previous Owner 2: KINDERNAY ASHLEY A
  • Owner Before Previous Owner: FDIC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 18
  • Parcel: 06-20-303-003-0000
  • Lot: 31
  • Meridian: SEC 20 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0213
  • Longitude: -88.2383

    Address

  • Full Address: 789 Thoreau Dr
  • Legal Unit: 1
  • Address - House Number: 789
  • Address - Street Name: Thoreau
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C027
  • 4-Digit Zip Code: 8182
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,100
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 285,503
  • High Value: 356,266
  • Low Value: 214,739

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jun 16, 2017
  • First Open Lien Mortgage Loan Amount: $180,500
  • 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, 2047
  • Second Open Lien Mortgage Lender: THE UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Jun 16, 2017
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $216,510
  • Market Land Value: $48,590
  • Market Improvement Value: $167,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,651
  • Assessed Land Value: $4,859
  • Assessed Improvements Value: $16,792

    Sales

  • Current Sale Contract Date: May 06, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Transaction ID: 1588787975
  • Current Sale Price: $192,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1716757170
  • Previous Sale Recording Date: Jun 16, 2010
  • Previous Sale Contract Date: May 20, 2010
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jun 16, 2017
  • First Mortgage Loan Amount: $180,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST RESIDENCE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Jun 16, 2010
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 21, 2040

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Frequently Asked Questions

What neighborhood is 789 Thoreau Drive located in?
The 789 Thoreau Drive is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 789 Thoreau Drive?
The average sales price for units in 789 Thoreau Drive is $0 currently.

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