NOT LISTED FOR SALE

1038 Duncan Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $253,000 - $280,000

2 Beds
2 Baths
1,092 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $63,500 $58 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $1,962/month

46 Days on Market

About This Home

As of September 2012

Fannie Mae Property! Investor Special.. Solidly built brick bungalow that needs some TLC to bring back the shine. Being sold in "AS IS" Condition, 100% tax proration, no survey, no disclosures, rm/lot sizes are approx, e/m cert funds. Property is approved for Homepath Renovation program.

Last Agent to Sell the Property

Kim DeVincentis

Capital Asset Group Inc. License #471007906 Listed on: 06/28/2012

Last Buyer's Agent

Israel Ballesteros

REMAX Horizon

REMAX Horizon

Property Details

Home Type

  • Other

Year Built

  • 1928

Parking

  • 2

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air

Property Details

Home Type

Other

Year Built

1928

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 5
  • Equipment: Ceiling Fan
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X12
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X11
  • Living Room Level: Main Level
  • Living Room Size: 12X17
  • Dining Room Level: Main Level
  • Dining Room Size: 11X12
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 09X15

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 50X140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Aug 27, 2012
Sold by
Fannie Mae
Bought by
Escobar Aurelio
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Israel Ballesteros
REMAX Horizon
List Price
$74,900
Sold Price
$63,500
Premium/Discount to List
-$11,400
-15.22%
Current Estimated Value
$269,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,780
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
May 21, 2012
Sold by
Casiano Lara and Casiano Martin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 18, 2003
Sold by
Scott Bruce L and Scott Mary Lou
Bought by
Lara Martin and Lara Casiano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
Escobar Aurelio $63,500 None Available
Federal National Mortgage Association -- None Available
Lara Martin $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Martin $158,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2012 09/06/12 Sold $63,500 -2.2% $58 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/30/2012 07/30/12 Price Changed $64,900 -13.4% $59 / Sq Ft
06/28/2012 06/28/12 For Sale $74,900 -- $69 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $6,608 $82,573 $15,793 $66,780
2023 $6,359 $74,599 $14,268 $60,331
2022 $5,898 $68,021 $13,010 $55,011
2021 $5,674 $63,594 $12,163 $51,431
2020 $5,537 $60,710 $11,611 $49,099
2019 $5,401 $57,830 $11,060 $46,770
2018 $4,925 $49,810 $10,419 $39,391
2017 $4,843 $47,089 $9,850 $37,239
2016 $4,659 $43,686 $9,138 $34,548
2015 -- $40,042 $8,376 $31,666
2014 -- $39,548 $8,273 $31,275
2013 -- $40,591 $8,491 $32,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kim DeVincentis

    Capital Asset Group Inc.

    Section Image

  • I

    Buyer's Agent in 2012

    Israel Ballesteros

    REMAX Horizon

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08103061

Midwest Real Estate Data (MRED)

APN: 06-12-209-017

Illinois Kane County Elgin 60120 Northeast Elgin

1038 Duncan Ave, Elgin, IL

Not Listed for Sale

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