118 S Gifford St Unit 20 Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $270,000 - $291,131
4
Beds
2
Baths
--
Sq Ft
4,356
Sq Ft Lot
Highlights
- Corner Lot
- Forced Air Heating System
- 2-minute walk to James T Gifford Park
- Enclosed patio or porch
About This Home
As of December 2019Great addition to any portfolio or owner occupied with rental income side by side duplex. Spacious 3 bedroom 2-story unit with living rm, kitchen, dinning rm, enclosed porch and central air. 1 bedroom/one story unit has kitchen, dinning rm, living rm, enclosed porch (needs some clean up & tlc) has long term tenant and lease is expiring 12/2019 . Each unit has it's own separate access to basement for storage and laundry. Corner lot. Solid building.
Last Agent to Sell the Property
Keller Williams Inspire License #475121253 Listed on: 08/17/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,434
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 67 x 66
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Duplex
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2019
Closed on
Dec 16, 2019
Sold by
Gilles Michael S and Gilles Sandra L
Bought by
Aaa Prestige Ventures
Seller's Agent
Ana Gracia
Keller Williams Inspire
Buyer's Agent
Joanna Zatorska
HomeSmart Connect LLC
List Price
$180,000
Sold Price
$158,000
Premium/Discount to List
-$22,000
-12.22%
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
$121,783
Avg. Annual Appreciation
11.36%
Original Mortgage
$126,400
Outstanding Balance
$119,357
Interest Rate
7.75%
Mortgage Type
Commercial
Estimated Equity
$165,928
Purchase Details
Closed on
Mar 6, 2006
Sold by
Gilles Michael S and Alice M Gilles Trust
Bought by
Gilles Michael S and Gilles Sandra L
Similar Homes in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aaa Prestige Ventures | $158,000 | Citywide Title Corp | |
| Gilles Michael S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aaa Prestige Ventures | $126,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/24/2019 12/24/19 | Sold | $158,000 | -9.7% | -- |
| 09/29/2019 09/29/19 | Pending | -- | -- | -- |
| 09/06/2019 09/06/19 | Price Changed | $175,000 | -2.8% | -- |
| 08/16/2019 08/16/19 | For Sale | $180,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $5,671 | $66,526 | $10,265 | $56,261 |
| 2022 | $4,855 | $55,996 | $9,360 | $46,636 |
| 2021 | $4,671 | $52,352 | $8,751 | $43,601 |
| 2020 | $4,558 | $49,978 | $8,354 | $41,624 |
| 2019 | $4,446 | $47,607 | $7,958 | $39,649 |
| 2018 | $4,434 | $44,849 | $7,497 | $37,352 |
| 2017 | $4,361 | $42,398 | $7,087 | $35,311 |
| 2016 | $4,087 | $38,323 | $6,575 | $31,748 |
| 2015 | -- | $35,127 | $6,027 | $29,100 |
| 2014 | -- | $34,694 | $5,953 | $28,741 |
| 2013 | -- | $35,609 | $6,110 | $29,499 |
Source: Public Records
Agents Affiliated with this Home
-
Ana Gracia
Seller's Agent in 2019
Ana Gracia
Keller Williams Inspire
(847) 354-0302
19 Total Sales
-
Joanna Zatorska
Buyer's Agent in 2019
Joanna Zatorska
HomeSmart Connect LLC
(773) 501-3395
109 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10488447
APN: 06-13-331-023
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