NOT LISTED FOR SALE

1024 Prospect Blvd Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $335,000 - $383,000

4 Beds
3 Baths
2,171 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2023

Last sale price $300,000 $138 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,520 / mo

About This Home

Looking for a spacious, naturally lit home next to Elgin's gold coast? Look no further! This 3-bedroom home (plus 1 bed in the basement) and 2 full baths is the perfect place to call home. The house boasts 2 living spaces and a formal dining room which are perfect for family gatherings or any other special occasion. The master bedroom offers plenty of natural light, and the second and third bedrooms are just as bright. The ample partial basement gives you extra living space and tons of space for storage. But wait, there's more! Check out the beautiful yard and get ready to enjoy chilly nights in front of your bonfire or host summer cookouts on the large deck or screened-in sunroom. And don't forget about the convenience of the long driveway. This home has it all!! Plus, it's located in the historic part of Elgin, which is a vibrant and beautiful community to call home. ** roof (2014) fridge (2020) dishwasher (2019) oven (2015) Boiler (2003) water heater (2014) deck and fence (2020) window ac units - master bed (2014) pink room (2023) blue room (2022) main level (2019) sound system stays. PICTURES TAKEN BEFORE SELLER MOVED OUT.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Oct 3, 2023
Sold by
Bought by
Seller's Agent
Asaf Arevalo
HomeSmart Connect LLC
Buyer's Agent
Rafael Villagomez
Realta Real Estate
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Views
299
Current Estimated Value
$356,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,292
Avg. Annual Appreciation
6.70%
Original Mortgage
$274,725
Outstanding Balance
$268,437
Interest Rate
7.23%
Mortgage Type
FHA
Estimated Equity
$87,855

Purchase Details

Closed on
Dec 4, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 None Listed On Document
-- Carrington Ttl Partners Llc
$103,500 Chicago Title Insurance Co
-- Residential Title Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $274,725
Previous Owner $173,000
Previous Owner $206,400
Previous Owner $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $300,000 +3.4% $138 / Sq Ft View Prior Sale
08/16/2023 08/16/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $290,000 0.0% $134 / Sq Ft
08/06/2023 08/06/23 Off Market $290,000 -- --
08/01/2023 08/01/23 For Sale $290,000 0.0% $134 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $290,000 -- $134 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,547 $102,309 $19,881 $82,428
2023 $7,197 $92,428 $17,961 $74,467
2022 $6,788 $84,278 $16,377 $67,901
2021 $6,494 $78,794 $15,311 $63,483
2020 $6,313 $75,221 $14,617 $60,604
2019 $6,132 $71,653 $13,924 $57,729
2018 $5,895 $65,627 $13,117 $52,510
2017 $5,764 $62,041 $12,400 $49,641
2016 $5,499 $57,557 $11,504 $46,053
2015 -- $52,756 $10,544 $42,212
2014 -- $52,105 $10,414 $41,691
2013 -- $53,480 $10,689 $42,791
Source: Public Records

Agents Affiliated with this Home

  • Asaf Arevalo

    Seller's Agent in 2023

    Asaf Arevalo

    The McDonald Group

    (847) 463-0127

    3 in this area

    187 Total Sales

    Asaf Arevalo
    Section Image
  • Jose Herrera

    Seller Co-Listing Agent in 2023

    Jose Herrera

    eXp Realty

    (630) 777-7579

    5 in this area

    162 Total Sales

    Jose Herrera
    Section Image
  • Rafael Villagomez

    Buyer's Agent in 2023

    Rafael Villagomez

    RE/MAX

    (847) 922-5501

    9 in this area

    143 Total Sales

    Rafael Villagomez
    Section Image
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Map

Illinois Kane County Elgin 60120 Northeast Elgin

1024 Prospect Blvd, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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