NOT LISTED FOR SALE

127 N Gifford St Unit 129 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $271,000 - $314,500

5 Beds
3 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold March 10, 2014

Last sale price $106,000

Est. 174% increase in value since last sale

Current estimated payment $2,246/month

7 Days on Market

About This Home

As of March 2014

Who wants a remodeled and completely turn-key investment for the price of a foreclosure? New windows, updated plumbing and electric, remodeled baths, new floors & more! Fully rented by great tenants. $$ is deposited directly!! Tenants pay own heat and electric, owner pays small gas & water bill!!

Last Agent to Sell the Property

Quin O'Brien

4 Sale Realty Advantage License #471001526 Listed on: 01/29/2014

Last Buyer's Agent

Nan Gagliano

Brokerocity Inc License #475134234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,822

Lot Details

  • 6,752

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Lot Dimensions are 63x106

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,822

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 104900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 63X106
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5822
  • Tax Year: 2011

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 10, 2014
Sold by
Ellett Matthew L
Bought by
Arguelles Antonio
Seller's Agent
Quin O'Brien
4 Sale Realty Advantage
Buyer's Agent
Nan Gagliano
Brokerocity Inc
List Price
$104,900
Sold Price
$106,000
Premium/Discount to List
$1,100
1.05%
Current Estimated Value
$290,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,875
Avg. Annual Appreciation
9.36%
Original Mortgage
$79,500
Outstanding Balance
$63,150
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$228,445

Purchase Details

Listed on
Feb 8, 2012
Closed on
Feb 22, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Ellett Matthew L
Seller's Agent
Adam Carlson
Ultimate Realty Inc.
Buyer's Agent
Mary Roberts
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$39,900
Sold Price
$45,500
Premium/Discount to List
$5,600
14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.96%

Purchase Details

Closed on
Mar 14, 2011
Sold by
Ortega Rudy and Ortega Ljiljana
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 8, 2005
Sold by
Garcia Elias Lopez and Lopez Maria
Bought by
Ortega Rudy and Ortega Ljiljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2000
Sold by
Lopez Jose L and Garcia Elias Lopez
Bought by
Garcia Elias Lopez and Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.26%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Schultz Jack A
Bought by
Lopez Jose L and Garcia Elias Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,405
Interest Rate
8.29%
Mortgage Type
FHA
Source: Public Records

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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
Arguelles Antonio $106,000 First American Title
Ellett Matthew L $45,500 Chicago Title Insurance Co
Deutsche Bank National Trust Company -- None Available
Ortega Rudy $230,000 First American Title Ins Co
Garcia Elias Lopez -- Brokers Title Insurance Co
Lopez Jose L $119,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arguelles Antonio $79,500
Previous Owner Ortega Rudy $200,000
Previous Owner Ortega Rudy $172,500
Previous Owner Lopez Elias $118,056
Previous Owner Garcia Elias Lopez $122,400
Previous Owner Lopez Jose L $118,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2014 03/10/14 Sold $106,000 +1.0% --
02/04/2014 02/04/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $104,900 +130.5% --
03/13/2012 03/13/12 Sold $45,500 +14.0% --
02/21/2012 02/21/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $39,900 0.0% --
02/15/2012 02/15/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $39,900 -- --
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
2023 $7,586 $88,987 $12,974 $76,013
2022 $6,489 $74,840 $11,830 $63,010
2021 $6,243 $69,970 $11,060 $58,910
2020 $6,092 $66,797 $10,558 $56,239
2019 $5,943 $63,628 $10,057 $53,571
2018 $5,926 $59,941 $9,474 $50,467
2017 $5,828 $56,665 $8,956 $47,709
2016 $5,607 $52,570 $8,309 $44,261
2015 -- $48,185 $7,616 $40,569
2014 -- $47,590 $7,522 $40,068
2013 -- $48,845 $7,720 $41,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08525500

Midwest Real Estate Data (MRED)

APN: 06-13-180-006