391 Fountain Ave, Elgin, IL 60124

4 beds2 baths3,954 sqft Edit

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Sold: $346,500
Sold on 01/03/14
Zestimate®: $334,731
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My Notes

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Located in the prestigious community of Providence this home offers glamour & elegance all at once. With a gourmet kitchen fit for a master chef including a double oven master suite w/ 2 walk-in closets walkout basement & fresh carpeting/paint throughout. Move in & begin enjoying yourself with no effort! The back of the home offers a deck & patio you're within walking distance of Heritage Park & the pictureqsue weeping willow behind the house create a relaxing dream. This is a FannieMae Property eligible for Homepath & Renovation Financing.For the homebuyer or investor HomePath OR 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•    3% 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.  More Less 

Facts

  • Lot: 0.25 acres
  • Single Family
  • Built in 2006
  • Views: 2,862 all time views
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jan 2014 for $346,500
  • Last sale price/sqft: $88

Features

  • Flooring: Carpet, Hardwood
  • Parking: Garage - Attached, 3 spaces

    Additional Features

    • Cable-ready, Granite countertop, Guest parking, Living room, Secured entry, Stainless steel appliances

    Appliances Included

    • Dishwasher
    • Garbage disposal
    • Range / Oven

    Room Types

    • Dining room
    • Family room

    Construction

    • Roof type: Asphalt
    • Room count: 11
    • Stories: 2
    • Structure type: Colonial

    Other

    • Floor size: 3,954 sqft
    • Heating: Gas
    • Parcel #: 0619279013
    • Zillow Home ID: 72310657

    Zestimate Details

    Zestimate
    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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    $334,731
    +$1,071 Last 30 days
    $318K
    $351K
    Zestimate range
    Rent Zestimate 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
    $2,400/mo
    +$27 Last 30 days
    $1.8K
    $2.8K
    Zestimate range
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    $XXX,XXX
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    2,862 all-time views
    of this home (chart)
    146 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $287-374K.

    $250K
    $410K

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 60124 home values will decrease 1.9% next year, compared to a 0.7% fall for Elgin as a whole. Among 60124 homes, this home is valued 26.7% more than the midpoint (median) home, but is valued 13% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 60124, the number of foreclosures waiting to be sold is 17.1% greater than in Elgin, and 815.2% greater than the national average. This higher local number may prevent 60124 home values from rising as quickly as other regions in Elgin.

    Learn more about forecast calculations or 60124 home values.
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      Nearby Schools in Elgin

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      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.

      Data by GreatSchools.org