Seller's Agent in 2023
Bob Wisdom
RE/MAX
(847) 695-8348
19 in this area
646 Total Sales
1040 Prospect St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $311,997 - $318,000
4
Beds
2
Baths
1,768
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- Recreation Room
- Wood Flooring
- 2 Car Detached Garage
- American Four Square Architecture
- Formal Dining Room
- Patio
About This Home
As of May 2023Wow! Great Northeast end location! Quick access to bike path, I-90 and train station! Nice deep lot! This American 4-Square stands up tall! Awesome covered front porch perfect for summer nights! Convenient 1st floor den with crown molding and extra shelving! Large living room with crown molding and exposed original woodwork! Very functional kitchen with tile flooring and all appliances stay! Separate formal dining room with gorgeous built-in hutch! Spacious master bedroom with double closets! Gracious size secondary bedrooms! Full, partially finished basement with rec room, exercise area and full bath with shower! Roof/siding approximately 6 years old! Newer HVAC! Bring your little finishing touches and make this your grand home!
Last Buyer's Agent
Eddie Quintana-Garcia
Monarch Home Real Estate Assoc License #475176345
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,768
Year Built
- Built in 1920
Lot Details
- 9,714
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- American Four Square Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,768 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- Lot Dimensions are 66x147x66x148
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2023
Closed on
May 12, 2023
Sold by
Cohen Michael
Bought by
Mejia Anacaren Anselmo and Galarza Ricardo Abonza
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Eddie Quintana-Garcia
Monarch Home Real Estate Assoc
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,281
Avg. Annual Appreciation
7.24%
Original Mortgage
$39,000
Interest Rate
8.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2005
Sold by
Magee Harriette M
Bought by
Cohen Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mejia Anacaren Anselmo | $260,000 | None Listed On Document | |
| Cohen Michael | $179,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mejia Anacaren Anselmo | $39,000 | |
| Open | Mejia Anacaren Anselmo | $208,000 | |
| Previous Owner | Cohen Michael | $179,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $260,000 | +4.0% | $147 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | For Sale | $249,900 | -- | $141 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,702 | $91,739 | $19,881 | $71,858 |
| 2023 | $6,383 | $82,879 | $17,961 | $64,918 |
| 2022 | $6,033 | $75,571 | $16,377 | $59,194 |
| 2021 | $5,768 | $70,653 | $15,311 | $55,342 |
| 2020 | $5,604 | $67,449 | $14,617 | $52,832 |
| 2019 | $5,440 | $64,250 | $13,924 | $50,326 |
| 2018 | $5,268 | $59,282 | $13,117 | $46,165 |
| 2017 | $5,147 | $56,042 | $12,400 | $43,642 |
| 2016 | $4,905 | $51,992 | $11,504 | $40,488 |
| 2015 | -- | $47,655 | $10,544 | $37,111 |
| 2014 | -- | $47,067 | $10,414 | $36,653 |
| 2013 | -- | $48,309 | $10,689 | $37,620 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Wisdom
-
E
Buyer's Agent in 2023
Eddie Quintana-Garcia
Monarch Home Real Estate Assoc
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11759451
APN: 06-12-106-008
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