NOT LISTED FOR SALE

1180 Preston Ave Elgin, IL 60120

Estimated Value: $255,000 - $297,783

3 Beds
2 Baths
1,865 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $129,000 $69 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,943/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Breakfast Bar
  • Loft
  • Detached Garage
  • Property is near a bus stop

About This Home

As of April 2016

SPACIOUS HOME WITH MANY UPDATES ON THE MAJOR SYSTEMS. COMPLETE NEW ROOF IN 2015, UPDATED ELECTRICAL AND PLUMBING, NEWER CONCRETE DRIVEWAY AND PATIO. INTERIOR HAS ALL PLASTER WALLS, GRACIOUS ROOM SIZES, AND SOME HARDWOOD FLOORS. FULL BASEMENT WITH TONS OF STORAGE, PLUMBING FOR STOOL AND SHOWER AND EXTERIOR ACCESS. EXTRA LARGE 1 CAR GARAGE. 1ST FLOOR OFFICE COULD BE 4TH BEDROOM (HAS CLOSET.) EXTERIOR HAS ONE SMALL REPAIRED AREA OF STUCCO AT THE REAR THAT NEEDS A FINISH COAT. HOME IS CURRENTLY FULL OF ESTATE SALE ITEMS THAT WILL BE SOLD.

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 02/18/2016

RE/MAX Horizon

Co-Listed By

Bruce Wascher

RE/MAX Horizon License #471015310

Last Buyer's Agent

Kimberly Williams

Haus & Boden, Ltd. License #475163919

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,762

Year Built

  • 1879

Lot Details

  • 6,621

Parking

  • Detached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • Den
  • Loft

Kitchen

  • Breakfast Bar
  • Oven or Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Location

  • Property is near a bus stop

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,762

Year Built

1879

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1879
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1879

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range
  • Basement: Full
  • Basement: Unfinished, Exterior Access, Bathroom Rough-In
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den, Loft
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Den, Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Loft, Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X9, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1865
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: All

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 46
  • Junior High Dist: 46
  • Other Public School: ECC

Lot Info

  • Lot Dimensions: 56X118
  • Parcel Identification Number: 0612227007

Tax Info

  • Taxes: 2448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 19, 2016
Sold by
Carlson Dorothy R
Bought by
Larson Gregg E and Larson Christine A
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Kimberly Williams
Haus & Boden, Ltd.
List Price
$129,900
Sold Price
$129,000
Premium/Discount to List
-$900
-0.69%
Current Estimated Value
$275,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,946
Avg. Annual Appreciation
8.38%
Original Mortgage
$122,550
Outstanding Balance
$97,454
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$178,492
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
Larson Gregg E $129,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Gregg E $122,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $129,000 -0.7% $69 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $129,900 -- $70 / 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 $5,762 $80,002 $15,368 $64,634
2023 $4,797 $72,276 $13,884 $58,392
2022 $4,761 $65,903 $12,660 $53,243
2021 $4,516 $61,614 $11,836 $49,778
2020 $4,361 $58,820 $11,299 $47,521
2019 $4,206 $56,030 $10,763 $45,267
2018 $3,786 $49,290 $10,139 $39,151
2017 $3,661 $46,597 $9,585 $37,012
2016 $3,437 $43,229 $8,892 $34,337
2015 -- $39,623 $8,150 $31,473
2014 -- $39,133 $8,049 $31,084
2013 -- $45,795 $8,261 $37,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09142961

Midwest Real Estate Data (MRED)

APN: 06-12-227-007