2198 Country Knoll Ln, Elgin, IL 60123

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Foreclosed

This property is owned by a bank or a lender who took ownership through foreclosure proceedings. It may soon be listed for sale. This property is not found on a multiple listing service (MLS).

Foreclosure Est: $140,499

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

Below Zestimate®: $26,762 (16.0%)

Zillow predicts this property will sell for $140,499 if it's listed for sale as a foreclosure. This is 16.0% or $26,762 below the Zestimate® home valuation of $167,261. Learn more

  • Bedrooms:3 beds
  • Bathrooms:2 baths
  • Single Family:1,377 sq ft
  • Lot:0.5 acres
  • Year Built:1971
  • Last Sold:Mar 2006 for $262,500
  • Heating Type:Forced air

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DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
DATEPrevious sale$000,000The home was last sold for $000,000.
Description
GORGEOUS BOTH INSIDE AND OUT! This brick and cedar ranch home in Country Knolls subdivision offers 4 bedrooms 2 full baths and 2 wood burning fireplaces! The kitchen and baths have been recently updated as well! A variety of built-in accent this unique property even more and offer an abundance of storage. Outside a deck and mature trees provide shade from the beating sun as well as a great place to relax and unwind with friends or family! This is a Fannie Mae HomePath property approved for HomePath and Reno financing!For the homebuyer or investor HomePath Financing or HomePath Renovation Financing could be just what you need to get into a property:Benefits include:?    Low down payment and flexible mortgage terms (fixed-rate and adjustable)?    Borrowers may qualify even if their credit is less than perfect?    Available for owner-occupied second homes and investment properties?    Single-family homes condos duplexes and 4-plexes are eligible?    Properties available all over the country?    Down payment can be funded by borrower's savings gift or grant or loan from a non-profit organization state or local government or employerOwner Occupied?    5% Down Payment?    No mortgage insurance (upfront or monthly)?    No appraisal/fee?    Maximum seller contribution is 6% Non-owner Occupied?    10%  Down Payment?    No mortgage insurance?    No appraisal/fee?    Maximum seller contribution is 2% ?    HomePath allows investors to finance up to 10 properties including their primary residence. 
What I love about the home
I love the space and how it feels to sit in the treetops to enjoy nature. This home is perfect for nature lovers with it's large yard, the number of mature trees, landscaping and the incredible amount of flowers in the spring.
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    • CoolingCentral
    • ParkingGarage - Attached
    • Basement TypeFinished
    • FireplaceYes
    • Floor CoveringCarpet, Hardwood, Linoleum / Vinyl
    • AtticYes
County websiteSee data sources
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$167,261
-$12,294 Last 30 daysd
$151K
$177K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,653/mo
-$33 Last 30 daysd
$1.2K
$1.9K
Zestimate range
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Neighborhood for 2198 Country Knoll Lane

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Foreclosures will be a factor impacting home values in the next several years. In the 60123 market, the number of foreclosures waiting to be sold dropped 31.8% in the last year. The number of unsold foreclosures is 22.9% greater than in Elgin, and 655.6% higher than the national average. This higher local number may prevent 60123 home values from rising as quickly as other regions in Elgin.

Learn more about forecast calculations or 60123 home values.
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    Nearby Schools in Elgin

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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    Contact a foreclosure specialist

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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005
    Find foreclosure specialists in your area. Visit our professional directory.

    Email successfully sent!Submission failed!

    Next: Find out what you can afford on Zillow Mortgage Marketplace.

    Get pre-approved

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