NOT LISTED FOR SALE

1310 Getzelman Dr Elgin, IL 60123

Northeast Elgin Neighborhood

Estimated Value: $954,769

10 Beds
6 Baths
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: December 28, 2020

Last sale price $510,000 $0 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,533 / mo

1 Day on Market

About This Home

As of December 2020

LARGE 6 UNIT BUILDING OFFERS NICE ROOM SIZES, NEUTRAL DECOR AND A GREAT LOCATION! PROPERTY CONSISTS 4 TWO BEDROOM AND TWO ONE BEDROOM MOST APARTMENTS ARE UPDATED LONG TERM TENANT

Last Agent to Sell the Property

Jayesh Parekh

Kale Realty License #475149245 Listed on: 09/26/2020

Kale Realty

Last Buyer's Agent

Jayesh Parekh

Kale Realty License #475149245 Listed on: 09/26/2020

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,200
  • Insurance Expense $2,300

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Community
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 37738
  • Outdoor Parking: 6-12 Spaces, Paved, Private Lot
  • Repairs Decor Expense: 3800
  • Roof Coverings: Fiberglass
  • Roof Structure: Mansard
  • Scavenger Expense: 1100
  • Total Annual Exp: 24762
  • Total Annual Income: 66500
  • Total Monthly Income: 5500
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1970

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick, Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Hydrants On Site
  • Heatventilation: Gas, Hot Water
  • Water Expense: 3200

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 900
  • Electrical Service: Separate Meters
  • Janitor Expense: 1200

Lot Info

  • Lot Dimensions: 87X125
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 0610251017

Rental Info

  • Gross Rental Income: 66500

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 3200
  • Gross Rent Multiplier: 8
  • Insurance Expense: 2300

Tax Info

  • Taxes: 13162

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 18, 2020
Sold by
Bought by
Seller's Agent
Jayesh Parekh
Kale Realty
Buyer's Agent
Jayesh Parekh
Kale Realty
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Current Estimated Value
$954,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,769
Avg. Annual Appreciation
11.87%
Original Mortgage
$408,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by

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
7.75%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 None Listed On Document
$500,000 Attorney
-- Attorney
$274,100 Central Illinois Title
$288,000 None Available
$530,000 Pntn
$245,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $408,000
Previous Owner $375,000
Previous Owner $450,500
Previous Owner $100,862
Previous Owner $192,565
Previous Owner $202,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $510,000 -7.3% --
09/27/2020 09/27/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $550,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,974 $209,385 $38,659 $170,726
2024 $15,974 $192,857 $35,607 $157,250
2023 $14,852 $174,231 $32,168 $142,063
2022 $13,776 $158,869 $29,332 $129,537
2021 $13,252 $148,531 $27,423 $121,108
2020 $12,932 $141,795 $26,179 $115,616
2019 $12,615 $135,068 $24,937 $110,131
2018 $12,580 $127,242 $23,492 $103,750
2017 $13,162 $127,967 $23,625 $104,342
2016 $13,809 $129,475 $21,918 $107,557
2015 -- $118,676 $20,090 $98,586
2014 -- $117,211 $19,842 $97,369
2013 -- $120,302 $20,365 $99,937
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jayesh Parekh

    Kale Realty

    (847) 962-0239

    61 Total Sales

    Jayesh Parekh
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10883650

Midwest Real Estate Data (MRED)

APN: 06-10-251-017

Illinois Kane County Elgin 60123 Northeast Elgin

1310 Getzelman Dr, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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