NOT LISTED FOR SALE

1063 Hiawatha Dr Elgin, IL 60120

Estimated Value: $288,000 - $484,000

2 Beds
3 Baths
993 Sq Ft
$397/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $240,000 $242 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,065/month

133 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Storage Shed
  • 2 Car Attached Garage

About This Home

As of March 2018

Side by side ranch duplex! 1063 and 1065 - Both sides have two bedrooms, eat in kitchen, large living rooms and full bath. 1065 side has finished basement and 2nd bath as well. Both have private entrances, garages and two car driveways. Great investment opportunity with excellent tenants. HVAC is newer in both units!

Last Agent to Sell the Property

Tamara O'Connor

Premier Living Properties License #475110537 Listed on: 09/15/2017

Co-Listed By

Amanda Laughlin

Premier Living Properties License #471011940

Last Buyer's Agent

Ovais Zuberi

Coldwell Banker Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,193

Year Built

  • Built in 1977

Lot Details

  • 9,583

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Coleman Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Storage Shed
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Lords Park Manor Subdivision, Side By Side Duplex Floorplan

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,193

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: LORDS PARK MANOR
  • Year Built: 1977
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Storage Shed
  • Foundation Details: Concrete Perimeter
  • List Price: 259900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: COLEMAN ELEMENTARY SCHOOL
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: LARSEN MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 9678
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 10192.55
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Feb 26, 2018
Sold by
Chapuis Randy
Bought by
Zuberi Mubashir and Mehmood Farah
Seller's Agent
Tamara O'Connor
Premier Living Properties
Buyer's Agent
Ovais Zuberi
Coldwell Banker Residential
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$393,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,892
Avg. Annual Appreciation
5.05%
Original Mortgage
$235,653
Interest Rate
4.5%
Mortgage Type
FHA
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
Zuberi Mubashir $240,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuberi Mubashir $292,500
Closed Zuberi Mubashir $235,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $240,000 -7.7% $242 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $259,900 -- $262 / 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 $11,225 $39,000 $5,500 $33,500
2023 $10,909 $39,000 $5,500 $33,500
2022 $10,909 $39,000 $5,500 $33,500
2021 $11,078 $32,149 $5,080 $27,069
2020 $11,009 $32,149 $5,080 $27,069
2019 $11,072 $36,124 $5,080 $31,044
2018 $10,867 $31,985 $4,355 $27,630
2017 $10,833 $31,985 $4,355 $27,630
2016 $10,193 $31,985 $4,355 $27,630
2015 $9,749 $27,749 $3,871 $23,878
2014 $9,442 $27,749 $3,871 $23,878
2013 $9,133 $27,749 $3,871 $23,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09752050

Midwest Real Estate Data (MRED)

APN: 06-07-118-015-0000