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Backup Offers

1031 Spinnaker St, Elgin, IL, 60123

$419,900

Home List Price

$4,986*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,481 SqFt
$169/SqFt
House

Location

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1031 Spinnaker St, Elgin$419,900

Buyer Closing Credits

$4,986*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1999
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12177931
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Contingent)

About 1031 Spinnaker St

Welcome to 1031 Spinnaker St., Elgin, IL 60123 - a spacious and elegant home that offers both comfort and style. Built in 1999, this property boasts 3,471 square feet of living space, making it one of the largest models in the area. With 6 bedrooms and 2.5 bathrooms, this home is perfect for buyers seeking ample space and modern amenities. The home features 6 spacious bedrooms, including a first-floor bedroom for added convenience, a finished basement with a modern, minimalistic design, a large, open living room with a striking fireplace and high ceilings, and a 2-car garage providing ample parking and storage space. The master bedroom includes a large walk-in closet, and recent upgrades such as a new roof (2016), AC unit (2017), and a new sump pump add to the home's appeal. The living area is a true centerpiece of this home, featuring a tall fireplace framed in a white mantel with a brick inlay. The high ceilings and large windows allow natural light to flood the room, creating a bright and inviting atmosphere. The adjacent kitchen, with its modern design, light wood cabinetry, and stainless steel appliances, offers a seamless flow between spaces, perfect for entertaining and family gatherings. The finished basement adds a contemporary touch and the recessed lighting ensures the space is well-lit and welcoming, making it ideal for a variety of uses, from a home office to a recreational area. Located close to Randall Rd. and highway access, this home offers convenience for commuters. Additionally, the proximity to the Fox River and Fox River Trail provides ample opportunities for outdoor activities and recreation. This sale is based on the completion of a prior transaction.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Living Area: 2,481 SqFt

Listing Office:

  • Office Name: O'Neil Property Group, LLC
  • Office Phone: (630) 425-8815
  • Listing Agent: Ryan Ivemeyer

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, First Floor Bedroom, First Floor Laundry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Home is East of Randall Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,900
  • Price Per SqFt: $169/SqFt

HOA Fees:

  • Amount: $165
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,670
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elgin, IL.

Med. Sold Price

$325K

Med. Price/SqFt

$187

Avg. Days On Market

17

# of Sold Homes

97

1031 Spinnaker St vs Elgin

46 DAYS ON ROCKET

+29 Days

$419,900

+$94.9K More

$169/SqFt

-$18 Less

KEY TAKEAWAY

This property is $94.9K more than the Median Sold Price and $18/SqFt less than other homes in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12177931

Listing Office:

  • Office Name: O'Neil Property Group, LLC
  • Office Phone: (630) 425-8815
  • Listing Agent: Ryan Ivemeyer

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:15:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 1999Home Sold
$243,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,670$101,057
2019$8,372$96,263
2018$8,200$90,686
2017$8,201$85,731

History based on county public records data.

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$2,176

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,325

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-368278
5
/10
  • Fox Meadow Elementary School

  • 1275 Jenna Dr

  • 0.54 miles

  • Public District Grades KG-6

school-card-donut-368279
5
/10
  • Otter Creek Elementary School

  • 2701 Hopps Rd

  • 1.02 miles

  • Public District Grades KG-6

school-card-donut-368280
4
/10
  • Willard Elementary School

  • 370 W Spring St

  • 1.55 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,954. Most Elgin, IL residents have annual incomes between $35k-100k. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Elgin, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Elgin, IL?

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

Is Elgin, IL a good place to live?

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Are things conveniently located in Elgin, IL?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

What does the transportation in Elgin, IL look like?

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

Frequently Asked Questions About 1031 Spinnaker St

What is the listing price of this property?

The listing price of 1031 Spinnaker St property is $419,900.

What type of property is this?

The property 1031 Spinnaker St is a house located in Elgin, Illinois, 60123.

Is this property for sale now?

Accepting Backup Offers: 1031 Spinnaker St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,670 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 15, 1999 for $243,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1031 Spinnaker St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1031 Spinnaker St is 2,481 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1031 Spinnaker St is 1999.

Rocket Homes›Illinois›Kane County›Elgin›60123›1031 Spinnaker St

This home is located at 1031 Spinnaker St in Elgin, IL and zip code 60123. This 2,481 square foot home, which was built in 1999, sits on a 0.22 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $419,900.

Over 41 listings were sold over their listed price in October 2024 in Elgin, IL. In the same period over 35 listings were sold below the listed price and 21 listings were sold for the listed price. The inventory of homes for sale in Elgin, IL between September 2024 and October 2024 increased by 14%. The median list price of listings available in October 2024 was $325,000, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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