NOT LISTED FOR SALE

Estimated Value: $246,000 - $251,000

2 Beds
1 Bath
887 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $145,000 $163 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,785/month

44 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Hot Water Heating System
  • Attic
  • Detached Garage

About This Home

As of July 2020

THIS IS A FANNIE MAE HOMEPATH PROPERTY!! COME SEE THE POTENTIAL WITH THIS GREAT HOME ON ELGIN'S WEST SIDE! BRAND NEW BOILER SYSTEM! BASEMENT HAS BEEN PROFESSIONALLY SEALED! WALK UP ATTIC COULD BE FINISHED FOR MORE LIVING SPACE! CLOSE TO SHOPPING AND LARKIN HIGH! THIS ONE WOULD BE A GREAT FHA 203K LOAN CANDIDATE OR REHAB LOAN!

Last Agent to Sell the Property

John Hoffman

Whyrent Real Estate Company License #471001421 Listed on: 04/29/2020

Co-Listed By

Mayra Perez

Whyrent Real Estate Company License #475145750

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Home Details

Home Type

  • Single Family

Year Built

  • 1940

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Stone Siding
  • Vinyl Siding

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot
  • Attic

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,900 Seller Concession

Home Details

Home Type

Single Family

Year Built

1940

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1940
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X12, On Level: Main Level
  • Attic: Interior Stair, Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 12X12, On Level: Basement
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level
  • Additional Rooms: Attic
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level
  • Additional Room 1 Name: Attic, Dimensions: 30X16, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level
  • Estimated Sq Ft: 887

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Stone
  • Acreage: 0.1561

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiant

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 50 X 137
  • Lot Description: Corner
  • Parcel Identification Number: 0615405018

Tax Info

  • Taxes: 4350.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jul 7, 2020
Sold by
Fannie Mae
Bought by
Lara Maria
Seller's Agent
John Hoffman
Whyrent Real Estate Company
Buyer's Agent
Art Zamudo
Casablanca
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%
Current Estimated Value
$249,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,662
Avg. Annual Appreciation
10.19%
Original Mortgage
$108,750
Outstanding Balance
$96,432
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$153,230

Purchase Details

Closed on
Sep 17, 2019
Sold by
Gibbons Amy and Gibbons Bryan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 28, 2004
Sold by
Norwood Alison J
Bought by
Gibbons Bryan and Gibbons Amy

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
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Gorby Virginia B
Bought by
Norwood Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2002
Sold by
Dowden Donald A
Bought by
Gorby Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,996
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lara Maria $145,000 Attorney
Federal National Mortgage Association -- None Available
Gibbons Bryan $160,000 Ticor Title Insurance Co
Norwood Alison J $150,000 Chicago Title Insurance Comp
Gorby Virginia B $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Maria $108,750
Previous Owner Gibbons Bryan $128,000
Previous Owner Norwood Alison J $115,000
Previous Owner Gorby Virginia B $107,996
Closed Norwood Alison J $20,000
Closed Gibbons Bryan $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $145,000 -3.3% $163 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/28/2020 05/28/20 Price Changed $149,900 -14.3% $169 / Sq Ft
04/29/2020 04/29/20 For Sale $174,900 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,008 $75,072 $14,649 $60,423
2023 $5,782 $67,822 $13,234 $54,588
2022 $5,362 $61,842 $12,067 $49,775
2021 $5,158 $57,818 $11,282 $46,536
2020 $5,034 $55,196 $10,770 $44,426
2019 $4,350 $52,578 $10,259 $42,319
2018 $4,245 $48,941 $9,665 $39,276
2017 $4,142 $46,267 $9,137 $37,130
2016 $3,938 $42,924 $8,477 $34,447
2015 -- $39,344 $7,770 $31,574
2014 -- $38,858 $7,674 $31,184
2013 -- $39,883 $7,876 $32,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10701572

Midwest Real Estate Data (MRED)

APN: 06-15-405-018

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