NOT LISTED FOR SALE

Estimated Value: $202,000 - $246,000

2 Beds
1 Bath
706 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $41,000 $58 Per Sq Ft

Est. 448% increase in value since last sale

Current estimated payment $1,439/month

69 Days on Market

Highlights

  • Deck
  • East or West Exposure
  • 3-minute walk to Abbott Park
  • Ranch Style House

About This Home

As of August 2014

SMALL 2BR/1BA RANCH HOME ON ELGIN'S WEST SIDE IN NEED OF SOME LOVE AND ATTENTION. THIS IS A FREDDIE MAC HOMESTEPS PROPERTY AND UNDER THE FIRST LOOK PROGRAM OWNER OCCUPANTS HAVE EXCLUSIVE RIGHTS TO MAKE OFFERS THRU 6/19/14. INVESTORS WELCOME AFTER THIS DATE. DUE TO THE CONDITION OF THE PROPERTY, OWNER WILL ONLY CONSIDER CASH OFFERS OR FHA 203K REHABILITATION LOANS. BUYER RESP FOR ALL ELGIN REQUIRED REPAIRS

Last Agent to Sell the Property

John Wright

Keller Williams Premiere Properties License #475131980 Listed on: 05/30/2014

Keller Williams Premiere Properties

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 0.25

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Parking

  • Parking Available
  • Gravel Driveway
  • Dirt Driveway
  • Parking Included in Price

Additional Features

  • Partial Basement
  • Deck
  • East or West Exposure
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1925
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X8, On Level: Main Level
  • Estimated Sq Ft: 706

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: E (East), W (West)
  • Acreage: 0.25

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Dirt, Gravel
  • Parking Included In Price: Yes

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 50X132
  • Parcel Identification Number: 0615482003

Tax Info

  • Taxes: 1868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Arizendi Conny Solano
Bought by
Acevedo Antonio Viurquez
Current Estimated Value
$224,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Outstanding Balance
$100,668
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$124,076

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 13, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Arizmendi Conny Solano
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$54,900
Sold Price
$41,000
Premium/Discount to List
-$13,900
-25.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Cervantes Griselda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 28, 2006
Sold by
Fragakis Kristen
Bought by
Cervantes Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Walters Michael P and Walters Gina P
Bought by
Fragakis Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,150
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2001
Sold by
Mcmahon Joseph I
Bought by
Walters Michael P and Walters Gina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.03%

Purchase Details

Closed on
Jun 29, 1999
Sold by
Knapp Adelle
Bought by
Mcmahon Joseph I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.5%
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
Acevedo Antonio Viurquez $125,000 Fidelity National Title
Arizmendi Conny Solano $41,000 Premier Title
Federal Home Loan Mortgage Corporation -- None Available
Cervantes Griselda $148,000 Ticor Title Insurance Compan
Fragakis Kristen $118,000 Ticor Title Insurance Compan
Walters Michael P $87,500 --
Mcmahon Joseph I $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acevedo Antonio Viurquez $118,750
Previous Owner Cervantes Griselda $118,400
Previous Owner Fragakis Kristen $109,150
Previous Owner Walters Michael P $78,750
Previous Owner Mcmahon Joseph I $72,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $41,000 -8.7% $58 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/31/2014 07/31/14 Price Changed $44,900 -10.0% $64 / Sq Ft
07/02/2014 07/02/14 Price Changed $49,900 -9.1% $71 / Sq Ft
05/30/2014 05/30/14 For Sale $54,900 -- $78 / 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 $3,152 $47,384 $14,313 $33,071
2023 $2,967 $42,808 $12,931 $29,877
2022 $2,864 $39,034 $11,791 $27,243
2021 $2,721 $36,494 $11,024 $25,470
2020 $2,630 $34,839 $10,524 $24,315
2019 $2,539 $33,187 $10,025 $23,162
2018 $2,360 $29,867 $9,444 $20,423
2017 $2,287 $28,235 $8,928 $19,307
2016 $2,154 $26,195 $8,283 $17,912
2015 -- $24,010 $7,592 $16,418
2014 -- $23,713 $7,498 $16,215
2013 -- $24,339 $7,696 $16,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08630733

Midwest Real Estate Data (MRED)

APN: 06-15-482-003