NOT LISTED FOR SALE

1396 Wing St Unit 5 Elgin, IL 60123

Estimated Value: $109,311 - $126,000

2 Beds
1 Bath
982 Sq Ft
$257/mo HOA Fee

Last Sold July 26, 2021

Last sale price $72,000 $73 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,050/month

2 Days on Market

Highlights

  • Formal Dining Room
  • Sliding Doors
  • Baseboard Heating
  • Resident Manager or Management On Site
  • Ceiling Fan
  • Heating System Uses Steam

About This Home

As of July 2021

WHY RENT WHEN YOU CAN OWN THIS BEAUTIFULLY MAINTAINED PROPERTY OR AS AN INVESTOR TAKE ADVANTAGE OF THE OPPORTUNITY AS RENTALS ARE ALLOWED! PLENTY OF SPACE IN THIS CONDO. 2 SPACIOUS BRS, 1 BATH, FORMAL LVNG & DINING RM, GALLEY KITCHEN. NEEDS TLC BUT IT IS A GREAT INVESTMENT. DON'T MISS THIS OPPORTUNITY ***SHORT SALE*** Experienced short sale Attorney already involved***SUBJECT TO LENDER APPROVAL (ALLOW NO LESS 90 DAYS FOR APPROVAL) SOLD AS-IS, 100% TAX PRORATION, NO PLAT OF SURVEY. *Complex is not FHA approved*

Last Agent to Sell the Property

Brenda Puga Alfonzo

Brenda E Puga License #471006802 Listed on: 12/04/2020

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1963

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 982 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, lawn care, scavenger, snow removal
  • 10 Units
  • Manager Association, Phone Number (847) 695-6400
  • Property managed by Prefferred Management

Amenities

  • No Laundry Facilities

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,472

Year Built

Built in 1963

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Special Features: 12
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 982
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 70000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Electric: Circuit Breakers
  • Heating: Steam, Baseboard
  • Laundry Features: None
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 257
  • Association Amenities: Ceiling Fan
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Prefferred Management
  • Management Contact Name: Manager
  • Management Phone: 847-695-6400

Fee Information

  • Association Fee Includes: Water, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 1472.5
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jul 26, 2021
Sold by
Powell Marilyn
Bought by
Guiteirrez Alonso and Guiteirrez Maricela
Seller's Agent
Brenda Puga Alfonzo
Brenda E Puga
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
Sold Price
$72,000
Current Estimated Value
$120,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,104
Avg. Annual Appreciation
12.96%

Purchase Details

Closed on
Sep 19, 2005
Sold by
Vargas Elizabeth
Bought by
Powell Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2001
Sold by
Windsor Development Corp
Bought by
Vargas Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Guiteirrez Alonso $72,000 None Available
Powell Marilyn $116,500 --
Vargas Elizabeth $85,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Marilyn $83,200
Previous Owner Vargas Elizabeth $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $72,000 +2.9% $73 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
12/06/2020 12/06/20 For Sale -- -- --
12/04/2020 12/04/20 For Sale $70,000 -- $71 / Sq Ft
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 $1,847 $31,079 $11,815 $19,264
2023 $1,712 $28,078 $10,674 $17,404
2022 $1,700 $25,602 $9,733 $15,869
2021 $1,600 $23,936 $9,100 $14,836
2020 $1,537 $22,850 $8,687 $14,163
2019 $1,473 $21,766 $8,275 $13,491
2018 $2,129 $27,529 $7,796 $19,733
2017 $2,060 $26,025 $7,370 $18,655
2016 $1,935 $24,144 $6,837 $17,307
2015 -- $22,130 $6,267 $15,863
2014 -- $21,857 $6,190 $15,667
2013 -- $22,433 $6,353 $16,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10947974

Midwest Real Estate Data (MRED)

APN: 06-10-327-012