NOT LISTED FOR SALE

105 S Edison Ave Elgin, IL 60123

Estimated Value: $268,000 - $295,000

3 Beds
2 Baths
1,179 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $63,300 $54 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $1,988/month

12 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • 3-minute walk to Abbott Park

About This Home

As of July 2012

ALL BRICK 3 BEDROOM RANCH WITH 1.1 BATHS AND FULL BASEMENT. HUD OWNED HOME. CASE #137.290042. SOLD "AS IS" INSURED STATUS:IE. ESCROW AMOUNT $5,164.OO. 203K ELIGIBLE.

Last Agent to Sell the Property

Ronald Gersch

RE/MAX Realty of Joliet License #475100264 Listed on: 05/17/2012

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,741

Year Built

  • 1962

Lot Details

  • 6,926

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Washington Elementary School
  • Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot
  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$5,741

Year Built

1962

Lot Details

0

Interior Features

  • Total # Of Rooms: 5
  • Attic: Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X10
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 15X9
  • Living Room Level: Main Level
  • Living Room Size: 17X13
  • Dining Room Level: Not Applicable
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 15X10

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Off Street
  • Parking Type: Space/s
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Not Applicable

Schools

  • Elementary School: Washington Elementary School
  • High School: Elgin High School
  • Junior High Dist: 46
  • Junior High: Abbott Middle School

Lot Info

  • Lot Dimensions: 98 X 71
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Jul 6, 2012
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Kerr Jamie
Seller's Agent
Ronald Gersch
RE/MAX Realty of Joliet
Buyer's Agent
Art Zamudo
Casablanca
List Price
$53,000
Sold Price
$63,300
Premium/Discount to List
$10,300
19.43%
Current Estimated Value
$284,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,497

Purchase Details

Closed on
Sep 27, 2010
Sold by
Gonzalez Oscar
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 26, 2004
Sold by
Flores Victor and Colin Susana R
Bought by
Gonzalez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2002
Sold by
Colin Susana R
Bought by
Colin Susana R and Flores Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
6.8%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Voravong Oang and Luangrath Manivanh
Bought by
Colin Susana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,400
Interest Rate
6.8%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Voravong Oang and Luangrath Manivanh
Bought by
Voravong Oang and Luangrath Manivanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
9.99%

Purchase Details

Closed on
Jul 31, 1995
Sold by
Crosby John J and Crosby Karen
Bought by
Luangrath Khene and Luangrath Viengkhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,525
Interest Rate
7.56%
Source: Public Records

Range of Values:

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Average Value
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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
Kerr Jamie -- Multiple
The Secretary Of Housing & Urban Develop -- None Available
Gonzalez Oscar $179,000 Multiple
Colin Susana R -- --
Colin Susana R $152,000 Chicago Title Insurance Co
Voravong Oang -- Lawyers Title Insurance Corp
Luangrath Khene $119,500 Advanced Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Oscar $176,234
Previous Owner Colin Susana R $147,400
Previous Owner Voravong Oang $106,400
Previous Owner Luangrath Khene $113,525
Closed Voravong Oang $26,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2012 07/06/12 Sold $63,300 +19.4% $54 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $53,000 -- $45 / 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 $5,741 $79,735 $16,466 $63,269
2023 $5,459 $72,035 $14,876 $57,159
2022 $5,175 $65,683 $13,564 $52,119
2021 $4,943 $61,409 $12,681 $48,728
2020 $4,800 $58,624 $12,106 $46,518
2019 $4,655 $55,843 $11,532 $44,311
2018 $4,336 $49,753 $10,864 $38,889
2017 $4,221 $47,034 $10,270 $36,764
2016 $4,014 $43,635 $9,528 $34,107
2015 -- $39,995 $8,733 $31,262
2014 -- $39,501 $8,625 $30,876
2013 -- $40,542 $8,852 $31,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08069426

Midwest Real Estate Data (MRED)

APN: 06-15-482-001