127 College St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $264,000 - $318,000
4
Beds
3
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Landscaped Professionally
- Ceiling Fan
- Multiple Water Heaters
About This Home
As of June 2020Arm Chair investment! 3 Units over 2029 Square Feet, 2 - 1 Bedroom Apartments and 1- 2 Bedroom Apartment! 2nd Floor 1 Bedroom and 1st Floor 2 Bedroom are each 960 Sq. ft. Full Basement, deep, where there is located 3 Separate Gas Forced Air Furnaces, 3 Hot Water Heaters, and 3 100 amp Electric panels with Circuit Breakers. 2019 Certificate of Occupancy! Nice Lot! Located in the Heart of the Historical District.Rents are under Market! Projected Rents w/ small renovations could be: Apt.#1 -$895 to $950 (Currently $800), Apt.#2( 2 Bedrooms) - $1095 to $1200 and #3 (Large 1 bedroom on 2nd floor) -$995-$1050, Currently vacant. Newer Roof! Tenants pay Gas and Electric! Hurry this one will not last ! 2nd Floor Apartment can be shown and the Basement as well! Sold As-Is!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,008
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 67 x152
- Landscaped Professionally
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Schools
- Channing Memorial Elementary Sch
- Ellis Middle School
- Elgin High School
Utilities
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
- 3 Units
- Gross Income $18,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2020
Closed on
Jun 25, 2020
Sold by
Camic David E and The David E Camic Declaration
Bought by
Flesher Jason and Flesher Kristin
Seller's Agent
Edward Hall
Baird & Warner
Buyer's Agent
Ben Henrikson
RE/MAX Horizon
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
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
$93,896
Avg. Annual Appreciation
8.32%
Original Mortgage
$150,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2019
Sold by
Declarati Parga Camic Sandra T
Bought by
Camic David E and First Restatement Of David E Camic Decla
Purchase Details
Closed on
Feb 28, 2005
Sold by
Lopez Hector and Lopez Rosa L
Bought by
Parga Sandra T and Sandra T Parga Camic Declaration Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2001
Sold by
Buttrum Charlene C
Bought by
Lopez Hector and Lopez Rosa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
6.52%
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Flesher Jason | $200,000 | First American Title | |
| Camic David E | -- | Attorney | |
| Parga Sandra T | $262,000 | Multiple | |
| Lopez Hector | $161,000 | Residential Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flesher Jason | $155,000 | |
| Previous Owner | Flesher Jason | $150,000 | |
| Previous Owner | Parga Sandra T | $202,000 | |
| Previous Owner | Parga Sandra T | $202,000 | |
| Previous Owner | Lopez Hector | $128,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2020 06/29/20 | Sold | $200,000 | -7.0% | -- |
| 04/30/2020 04/30/20 | Pending | -- | -- | -- |
| 04/28/2020 04/28/20 | Price Changed | $215,000 | -2.2% | -- |
| 04/08/2020 04/08/20 | For Sale | $219,900 | -- | -- |
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 | $6,395 | $75,021 | $12,725 | $62,296 |
| 2022 | $5,484 | $63,242 | $11,603 | $51,639 |
| 2021 | $5,275 | $59,127 | $10,848 | $48,279 |
| 2020 | $5,148 | $56,446 | $10,356 | $46,090 |
| 2019 | $5,022 | $53,769 | $9,865 | $43,904 |
| 2018 | $5,008 | $50,653 | $9,293 | $41,360 |
| 2017 | $4,925 | $47,885 | $8,785 | $39,100 |
| 2016 | $4,738 | $44,424 | $8,150 | $36,274 |
| 2015 | -- | $40,718 | $7,470 | $33,248 |
| 2014 | -- | $40,216 | $7,378 | $32,838 |
| 2013 | -- | $41,277 | $7,573 | $33,704 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Hall
Seller's Agent in 2020
Edward Hall
Baird Warner
(630) 205-4700
2 in this area
258 Total Sales
-
Ben Henrikson
Buyer's Agent in 2020
Ben Henrikson
RE/MAX
(847) 931-7500
4 in this area
126 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10685994
APN: 06-13-179-004
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