NOT LISTED FOR SALE

1277 Getzelman Dr Unit 79 Elgin, IL 60123

Northeast Elgin Neighborhood

Estimated Value: $283,000 - $431,405

4 Beds
2 Baths
-- Sq Ft
9,017 Sq Ft Lot

Last Sold November 10, 2021

Last sale price $350,000

Est. 12% increase in value since last sale

Current estimated payment $2,659/month

1 Day on Market

Highlights

  • Multiple Garages
  • Ranch Style House
  • Paved or Partially Paved Lot
  • Deck
  • 2 Car Attached Garage

About This Home

As of November 2021

Earn continuous income with this Duplex! Each unit has a separate entrance, 2 bedrooms, 1 bath, 1 car garage, full unfinished basement with laundry, deck and a large yard. Buyer could live in 1 unit and rent to current tenant, or rent out both units. 1279 has been recently updated and 1277 has been well maintained. Basements can be finished for additional income. Ask me about potential income for each unit and current income for MTM Tenant.

Last Agent to Sell the Property

Cindy Kostrzeski

HomeSmart Connect LLC License #475137050 Listed on: 10/09/2021

HomeSmart Connect LLC

Last Buyer's Agent

Joan Couris

Keller Williams Thrive License #475155965

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,277

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 55.7 x 128.4 x 96.1 x 117.7
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,277

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 55.7 X 128.4 X 96.1 X 117.7
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6277
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 29, 2021
Sold by
Georgalis George N
Bought by
Hernandez Ray
Seller's Agent
Cindy Kostrzeski
HomeSmart Connect LLC
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$391,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,942
Avg. Annual Appreciation
1.59%
Original Mortgage
$297,500
Outstanding Balance
$274,561
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$99,540

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 4, 2021
Sold by
Georgaklis George N
Bought by
Hernandez Ray
Seller's Agent
Cindy Kostrzeski
HomeSmart Connect LLC
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$274,561
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$99,540
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Ray $350,000 Attorney
Hernandez Ray $350,000 Hunter Karla
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ray $297,500
Closed Hernandez Ray $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $350,000 +7.7% --
10/11/2021 10/11/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $325,000 -- --
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 $7,491 $93,609 $26,173 $67,436
2023 $7,209 $84,568 $23,645 $60,923
2022 $6,686 $77,111 $21,560 $55,551
2021 $6,432 $72,093 $20,157 $51,936
2020 $6,277 $68,824 $19,243 $49,581
2019 $6,123 $65,559 $18,330 $47,229
2018 $6,106 $61,761 $17,268 $44,493
2017 $6,005 $58,386 $16,324 $42,062
2016 $5,137 $54,166 $15,144 $39,022
2015 -- $49,648 $13,881 $35,767
2014 -- $49,035 $13,710 $35,325
2013 -- $50,329 $14,072 $36,257
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11242632

Midwest Real Estate Data (MRED)

APN: 06-10-252-011