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8N704 Edgewood Road

8N704 Edgewood Road, Elgin, IL 60124
House in Plato
Sold Jun 28, 2021
$460,500
$368,400 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2050
Local assessors in Elgin, IL have categorized 8N704 Edgewood Road as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 107,158 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8N704 Edgewood Road has a total of 4,332 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 3,558 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 999 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 11, 2020 for $460,500. That's $106.30 per sqft. 8N704 Edgewood Road was last assessed in 2022. The total value of the property was assessed at $177,967. Specifically, the land the property is located on was valued at $35,595. While improvements on the property were assessed at a total of $142,372. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,583. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 3,558
  • Garage Type: Attached
  • Garage Square Area: 999
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 107,158
  • Total Building Area: 4,332
  • Gross Building Area: 4,332
  • Building Area: 4,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLANDS
  • Land Acres: 2.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLSON JASON R
  • Current Owner 2: OLSON MARSHA S
  • Previous Owner : REIF MICHAEL L
  • Previous Owner 2: REIF BEVERLY L
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850709

Geography

  • Parcel: 05-32-277-002
  • Lot: 2
  • Municipality: PLATO
  • Latitude: 41.9935
  • Longitude: -88.4587

    Address

  • Full Address: 8n704 Edgewood Rd
  • Address - House Number: 8n704
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elgin
  • Carrier Code: R002
  • 4-Digit Zip Code: 8739
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,583
  • Tax Rate Code Area: PL066

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 636,921
  • High Value: 722,740
  • Low Value: 551,101

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $478,400
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 28, 2021
  • First Open Lien Mortgage Loan Amount: $368,400
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: ILLIANA FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 31, 2023
  • Second Open Lien Mortgage Loan Amount: $110,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 31, 2038

    Market Valuation

  • Market Total Value: $534,115
  • Market Land Value: $106,828
  • Market Improvement Value: $427,287

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $177,967
  • Assessed Land Value: $35,595
  • Assessed Improvements Value: $142,372

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Transaction ID: 11841538561
  • Current Sale Price: $460,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021K049483

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 28, 2021
  • First Mortgage Loan Amount: $368,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Campton Hills



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Frequently Asked Questions

What neighborhood is 8N704 Edgewood Road located in?
The 8N704 Edgewood Road is a house located in the neighborhood of Plato in Campton Hills, Elgin.
What is the average sales price for listings in 8N704 Edgewood Road?
The average sales price for units in 8N704 Edgewood Road is $0 currently.

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