NOT LISTED FOR SALE

1028 Prospect St Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $251,000 - $279,000

3 Beds
2 Baths
1,010 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $100,000 $99 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,831/month

17 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of January 2015

Old fashioned farmhouse with personality. 2 stories + a 2-tiered deck off back. Dark hardwood trim give character to this 1900's home. Convenient 1st floor laundry. Eat in kitchen plus dining area. Cute front porch. This property is eligible for Freddie Mac First Look program good through 11/22/14. Sold As-Is. Special Addendums required after offer accepted. Cash Offers must have verification of funds. Taxes at 100%.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 11/03/2014

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 9,627

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Cellar

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Breakfast Bar
  • Wood Flooring
  • Bathroom on Main Level
  • Laundry on main level
  • Fenced Yard

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

9,627 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Farmhouse
  • Type Detached: 2 Stories
  • Estimated Year Built: 1900
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X12, On Level: Main Level
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished, Cellar, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 09X10, On Level: Main Level
  • Dining Room: Dimensions: 11X11, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 09X09, On Level: 2nd Level
  • Estimated Sq Ft: 1010

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66 X 146
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0612106010

Tax Info

  • Taxes: 3013.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 11, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vega Michael A
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$94,900
Sold Price
$100,000
Premium/Discount to List
$5,100
5.37%
Current Estimated Value
$270,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,103
Avg. Annual Appreciation
9.35%
Original Mortgage
$90,000
Outstanding Balance
$70,065
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$200,038

Purchase Details

Closed on
Aug 18, 2014
Sold by
Foraker Robert J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 7, 2014
Sold by
Foraker Robert J
Bought by
Foraker Katrina

Purchase Details

Closed on
Aug 12, 2005
Sold by
Beier Michael R and Beier Teraine D
Bought by
Foraker Robert J and Foraker Katrina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,059
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Vega Michael A $100,000 First American Title
Federal Home Loan Mortgage Corporation -- None Available
Foraker Katrina -- None Available
Foraker Robert J $173,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Michael A $90,000
Previous Owner Foraker Robert J $165,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $100,000 +5.4% $99 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $94,900 -- $94 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $5,311 $74,358 $19,881 $54,477
2023 $5,045 $67,177 $17,961 $49,216
2022 $4,791 $61,253 $16,377 $44,876
2021 $4,574 $57,267 $15,311 $41,956
2020 $4,439 $54,670 $14,617 $40,053
2019 $4,303 $52,077 $13,924 $38,153
2018 $3,724 $43,667 $13,117 $30,550
2017 $3,629 $41,281 $12,400 $28,881
2016 $3,445 $38,298 $11,504 $26,794
2015 -- $35,103 $10,544 $24,559
2014 -- $34,670 $10,414 $24,256
2013 -- $35,585 $10,689 $24,896
Source: Public Records

Agents Affiliated with this Home

  • Joseph Mueller

    Seller's Agent in 2015

    Joseph Mueller

    Tanis Group Realty

    (847) 514-4506

    79 Total Sales

    Joseph Mueller
    Section Image
  • Esther Zamudio

    Buyer's Agent in 2015

    Esther Zamudio

    Zamudio Realty Group

    (847) 508-7500

    33 in this area

    588 Total Sales

    Esther Zamudio
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08767458

Midwest Real Estate Data (MRED)

APN: 06-12-106-010

Illinois Kane County Elgin 60120 Northeast Elgin

1028 Prospect St, Elgin, IL

Not Listed for Sale

Detached

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.

Midwest Real Estate Data (MRED) Based on information submitted to the 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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