Seller's Agent in 2022
Gordon Gromer
RE/MAX
(847) 812-6468
7 in this area
59 Total Sales
1163 Cedar Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $328,000 - $357,053
3
Beds
3
Baths
1,624
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Corner Lot
- Enclosed Patio or Porch
- Ranch Style House
- Formal Dining Room
- 2 Car Attached Garage
About This Home
As of September 2022GREAT LOCATION IN ELGIN'S GOLD COAST! ATTRACTIVE RANCH HOME ON A DOUBLE LOT. GREAT CURB APPEAL...IF YOU WANT TO LIVE IN THIS UNIQUE NEIGHBORHOOD....ENJOYING ALL IT HAS TO OFFER....HURRY RIGHT ALONG TO VIEW THIS HOME....WE NEED SOME UPDATING BUT SELLER IS OFFERING A CARPET/FLOORING ALLOWANCE! THE LAYOUT AND LOCATION MAKE THIS SPECIAL.... TAKE A LOOK....SEE YOUR VISION AND OWN IT BEFORE IT'S TOO LATE!
Last Agent to Sell the Property
RE/MAX Horizon License #475103999 Listed on: 06/27/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475139390
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,532
Year Built
- Built in 1950
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 120x132
- Corner Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,624 Sq Ft Home
- Built-In Features
- Dry Bar
- Ceiling Fan
- Wood Burning Fireplace
- Attached Fireplace Door
- Gas Log Fireplace
- Fireplace Features Masonry
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Unfinished Attic
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Home Security
- Storm Screens
- Storm Doors
- Carbon Monoxide Detectors
Outdoor Features
- Enclosed Patio or Porch
- Shed
Schools
- Coleman Elementary School
- Larsen Middle School
- Elgin High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 100 Amp Service
- Cable TV Available
Community Details
- Riverside Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Sep 30, 2022
Sold by
Lauber Family Trust
Bought by
Welu Michael E
Seller's Agent
Gordon Gromer
RE/MAX Horizon
Buyer's Agent
Veronica Patino-Morales
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$350,000
Sold Price
$289,500
Premium/Discount to List
-$60,500
-17.29%
Views
44
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
$51,013
Avg. Annual Appreciation
5.10%
Original Mortgage
$284,253
Outstanding Balance
$272,471
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$68,042
Purchase Details
Closed on
Feb 7, 2004
Sold by
Lauber Ernest T and Lauber Margo L
Bought by
Lauber Ernest T and Lauber Margo L
Purchase Details
Closed on
Aug 31, 2001
Sold by
First American Bank
Bought by
Lauber Ernest T and Lauber Margo L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.24%
Purchase Details
Closed on
Mar 23, 2001
Sold by
Ekholm Gladys S
Bought by
First American Bank and Gladys S Ekholm Revocable Trust
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 |
|---|---|---|---|
| Welu Michael E | $289,500 | None Listed On Document | |
| Lauber Ernest T | -- | -- | |
| Lauber Ernest T | $200,000 | Chicago Title Insurance Co | |
| First American Bank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Welu Michael E | $284,253 | |
| Previous Owner | Lauber Ernest T | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $289,500 | -3.3% | $178 / Sq Ft |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | Price Changed | $299,500 | -6.4% | $184 / Sq Ft |
| 07/21/2022 07/21/22 | Price Changed | $319,900 | -1.6% | $197 / Sq Ft |
| 07/09/2022 07/09/22 | Price Changed | $325,000 | -7.1% | $200 / Sq Ft |
| 06/27/2022 06/27/22 | For Sale | $350,000 | -- | $216 / 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 | $8,029 | $108,324 | $25,308 | $83,016 |
| 2023 | $7,660 | $97,863 | $22,864 | $74,999 |
| 2022 | $6,784 | $89,234 | $20,848 | $68,386 |
| 2021 | $4,532 | $83,427 | $19,491 | $63,936 |
| 2020 | $4,633 | $79,644 | $18,607 | $61,037 |
| 2019 | $6,058 | $75,866 | $17,724 | $58,142 |
| 2018 | $5,853 | $70,205 | $16,697 | $53,508 |
| 2017 | $5,695 | $66,369 | $15,785 | $50,584 |
| 2016 | $5,394 | $61,572 | $14,644 | $46,928 |
| 2015 | -- | $56,437 | $13,423 | $43,014 |
| 2014 | -- | $55,740 | $13,257 | $42,483 |
| 2013 | -- | $57,211 | $13,607 | $43,604 |
Source: Public Records
Agents Affiliated with this Home
-
Gordon Gromer
-
Veronica Patino-Morales
Buyer's Agent in 2022
Veronica Patino-Morales
Berkshire Hathaway HomeServices Starck Real Estate
(815) 955-1292
1 in this area
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11447497
APN: 06-12-128-004
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