NOT LISTED FOR SALE

114 S Melrose Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $224,046

1 Bed
2 Baths
624 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2022

Last sale price $175,000 $280 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,559 / mo

2 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of May 2022

Welcome to this adorable 1 bedroom, 1 bath home with a finished basement that futures a bonus room and a 2nd full bathoom. Close to Schools, Wing Park, Shopping, Metra, I-90 and Rt. 20. Sold As-Is.

Last Agent to Sell the Property

Katarzyna Pilarski

HomeSmart Connect LLC License #475183528 Listed on: 03/18/2022

Co-Listed By

Joe Pilarski

HomeSmart Connect LLC License #475188342

Last Buyer's Agent

Cindi Cook

Baird & Warner Real Estate - Algonquin License #475134203

Baird & Warner Real Estate - Algonquin

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1935

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,027

Year Built

Built in 1935

Lot Details

6,621 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • LivingArea: 624
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.152
  • Lot Dimensions: 6600
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3027.24
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 4, 2022
Sold by
John Krenz
Bought by
Seller's Agent
Katarzyna Pilarski
HomeSmart Connect LLC
Buyer's Agent
Cindi Cook
Baird & Warner Real Estate - Algonquin
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Current Estimated Value
$224,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,046
Avg. Annual Appreciation
5.82%
Original Mortgage
$166,250
Outstanding Balance
$156,663
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$67,383

Purchase Details

Closed on
Dec 6, 2012
Sold by
Krenz John
Bought by
Krenz John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,909
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2005
Sold by
Follman Daniel D
Bought by
Krenz John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bero Jason T and Bero Kelly J
Bought by
Follman Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.08%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Smith Derek R
Bought by
Bero Jason T and Lee Kelly J

Purchase Details

Closed on
Jun 28, 1994
Sold by
Smith Gina Perfetto
Bought by
Smith Derek R
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Near West Elgin, IL

  • Darren Allen Real Estate Agent - Real Broker LLC

    Darren Allen

    Real Broker LLC

    (224) 507-1815

    292 Total Sales

    2 in Near West Elgin

    $345K - $354K Price Range

    Darren Allen
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  • Ned Malley Real Estate Agent - Infiniti Properties, Inc.

    Ned Malley

    Responds Quickly

    Infiniti Properties, Inc.

    (708) 859-7846

    90 Total Sales

    1 in Near West Elgin

    $200,000 Price

    Ned Malley
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  • Robert Rohrback Real Estate Agent - Keller Williams Infinity

    Robert Rohrback

    Keller Williams Infinity

    (331) 202-1371

    65 Total Sales

    1 in Near West Elgin

    $267,000 Price

    Robert Rohrback
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  • Angel Rosales Real Estate Agent - PROSALES REALTY

    Angel Rosales

    PROSALES REALTY

    (844) 510-1107

    95 Total Sales

    1 in Near West Elgin

    $220,000 Price

    Angel Rosales
     Section Image
  • Dave Goddard Real Estate Agent - Garry Real Estate

    Dave Goddard

    Garry Real Estate

    (585) 514-5663

    102 Total Sales

    1 in Near West Elgin

    $245,000 Price

    Dave Goddard
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  • Gary Grossman Real Estate Agent - Coldwell Banker Realty

    Gary Grossman

    Coldwell Banker Realty

    (224) 628-7003

    154 Total Sales

    1 in Near West Elgin

    $178,000 Price

    Gary Grossman
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 First American Title
Krenz John -- None Available
Krenz John $160,000 --
Follman Daniel D $112,500 --
Bero Jason T $90,000 Chicago Title Insurance Co
Smith Derek R -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $166,250
Previous Owner Krenz John $161,909
Previous Owner Krenz John $170,940
Previous Owner Krenz John $32,000
Previous Owner Krenz John $128,000
Previous Owner Follman Daniel D $25,000
Previous Owner Follman Daniel D $101,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $175,000 +3.0% $280 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $169,900 -- $272 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,805 $57,874 $15,540 $42,334
2024 $3,805 $53,305 $14,313 $38,992
2023 $3,423 $48,157 $12,931 $35,226
2022 $3,287 $43,911 $11,791 $32,120
2021 $3,127 $41,054 $11,024 $30,030
2020 $3,027 $39,192 $10,524 $28,668
2019 $2,926 $37,333 $10,025 $27,308
2018 $2,717 $33,486 $9,444 $24,042
2017 $2,639 $31,656 $8,928 $22,728
2016 $2,492 $29,368 $8,283 $21,085
2015 -- $26,918 $7,592 $19,326
2014 -- $26,585 $7,498 $19,087
2013 -- $27,286 $7,696 $19,590
Source: Public Records

Agents Affiliated with this Home

  • Katarzyna Pilarski Real Estate Agent - HomeSmart Connect LLC

    Seller's Agent in 2022

    Katarzyna Pilarski

    HomeSmart Connect LLC

    (630) 363-7107

    1 in this area

    26 Total Sales

    Katarzyna Pilarski
    Section Image
  • Joe Pilarski Real Estate Agent - HomeSmart Connect LLC

    Seller Co-Listing Agent in 2022

    Joe Pilarski

    HomeSmart Connect LLC

    (630) 709-3460

    1 in this area

    21 Total Sales

    Joe Pilarski
    Section Image

  • CC

    Buyer's Agent in 2022

    Cindi Cook

    Baird Warner

    (847) 707-8777

    1 in this area

    67 Total Sales

    Cindi Cook
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11351619

Midwest Real Estate Data (MRED)

APN: 06-15-457-011

Illinois Kane County Elgin 60123 Near West Elgin

114 S Melrose Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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