Check Availability

1248 Borden Court

1248 Borden Court, Elgin, IL 60120
Property in Southeast Elgin
Sold Jan 19, 2011
$96,000
$77,568 by Prospect Mortgage Llc
Mortgage Due Dec 01, 2040
Sold Jun 08, 2010
Transfer
1248 Borden Court in Elgin, IL was first built in 1975 and is 49 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1248 Borden Court has 1,450 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 9,698 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. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached 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. 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. 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, 1248 Borden Court was last sold in Oct 14, 2010 for $96,000. According to our calculations, that's $66.21 per sqft. Current property owners are expected to pay $5,477 in taxes per year. The property on 1248 Borden Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,000. To break that down further, the land itself was valued at $6,304. While improvements to the property were assessed at a total of $16,696. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,698
  • Total Building Area: 1,450
  • Gross Building Area: 1,450
  • Building Area: 1,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARKWOOD UNIT4
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (PARKWOOD)(UNIT4) SUB PT OF NE SEC 18-41-09

Ownership

  • Current Owner : MUNOZ FELIX
  • Current Owner 2: MUNOZ MARIA C PATINO
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: LARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804404

Geography

  • District: 18
  • Parcel: 06-18-215-019-0000
  • Lot: 374
  • Meridian: SEC 18 TWN 41N RNG 09E
  • Municipality: HANOVER
  • Latitude: 42.0416
  • Longitude: -88.2434

    Address

  • Full Address: 1248 Borden Ct
  • Legal Unit: 4
  • Address - House Number: 1248
  • Address - Street Name: Borden
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Elgin
  • Carrier Code: C011
  • 4-Digit Zip Code: 4630
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,477
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 294,504
  • High Value: 361,751
  • Low Value: 227,256

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $124,373
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2011
  • First Open Lien Mortgage Loan Amount: $77,568
  • 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, 2040
  • Second Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Second Open Lien Mortgage Recording Date: Dec 06, 2012
  • Second Open Lien Mortgage Financing Type: Unknown
  • Second Open Lien Mortgage Loan Amount: $46,805
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $63,040
  • Market Improvement Value: $166,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $6,304
  • Assessed Improvements Value: $16,696

    Sales

  • Current Sale Contract Date: Oct 14, 2010
  • Current Sale Recording Date: Jan 19, 2011
  • Current Sale Transaction ID: 1176286714
  • Current Sale Price: $96,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1101955098
  • Previous Sale Recording Date: Jun 08, 2010
  • Previous Sale Contract Date: May 27, 2010
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 19, 2011
  • First Mortgage Loan Amount: $77,568
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2040

About Southeast Elgin



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 536 Raymond Street, Elgin, IL, 60120

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,119 ft²
536 Raymond Street, Elgin, IL, 60120 Listing by Manuel Torres

Frequently Asked Questions

What neighborhood is 1248 Borden Court located in?
The 1248 Borden Court is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 1248 Borden Court?
The average sales price for units in 1248 Borden Court is $0 currently.

Quantcast