Seller's Agent in 2020
Dominic Levita
Providence Residential Brokerage LLC
(847) 452-8992
1 in this area
108 Total Sales
1397 Abbott Dr Elgin, IL 60123
Northeast Elgin NeighborhoodEstimated Value: $702,000 - $1,441,583
6
Beds
6
Baths
--
Sq Ft
0.25
Acres
About This Home
As of July 2020METICULOUSLY MAINTAINED ALL BRICK - 6-FLAT IN WEST ELGIN. * NEW ROOF * NEWER WINDOWS * NEW BOILER * NEW H2O TANK * ELECTRIC METERED SEPARATELY. (5) LARGE 1 BEDROOM UNITS ALL WALK-IN CLOSETS, (1) GARDEN UNIT. UNITS 1 - 5 CAN EASILY BE CONVERTED TO 2 BEDROOM, BASED ON SIZE AND FLOORPLAN. MANY IMPROVEMENTS: ALL NEWER WINDOWS, PORCH, EXT & STORM DOORS, CARPET, LIGHT FIXTURES, UPGRADED GFI'S, NEWER KIT/BATH FLOORS, COIN W/D, LAUNDRY HAS PAINTED/SEALED FLOOR & NEW THERMAL PANE WINDOWS, INDIVIDUAL STORAGE UNITS, WASTE/RECYCLE ENCLOSURE, OUTSIDE SECURITY LIGHTING, "FULLY LEASED" W/LONG TERM TENANTS ! 1031 EXCHANGE READY ! SCHEDULE YOUR PRIVATE VIEWING TODAY ! Washer and Dryer are Rented.
Last Agent to Sell the Property
Providence Residential Brokerage LLC License #471004483 Listed on: 03/13/2020
Property Details
Home Type
- Multi-Family
Year Built
- 1975
Lot Details
- 0.25
Home Design
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
Utilities
- Window Unit Cooling System
Community Details
- Fuel Expense $2,077
- Insurance Expense $2,428
Listing and Financial Details
- Tenant pays for electric
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2020
Closed on
Jul 6, 2020
Sold by
Turino Properties Inc
Bought by
Church Hill Properties Llc
Seller's Agent
Dominic Levita
Providence Residential Brokerage LLC
Buyer's Agent
Ryan Gable
Starting Point Realty, Inc.
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
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
$476,146
Avg. Annual Appreciation
14.63%
Original Mortgage
$400,000
Outstanding Balance
$353,785
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$552,361
Purchase Details
Closed on
Jun 23, 2003
Sold by
Union National Bank
Bought by
Turino Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 2002
Sold by
Delacruz Amando Jun and Delacruz Amado Jun
Bought by
Union National Bank & Trust Co Of Elgin and Trust #1517
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,116
Interest Rate
7.75%
Purchase Details
Closed on
Jun 16, 1999
Sold by
Fitzsimmons Leroy and Willis John F
Bought by
Delacruz Amando Jun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.28%
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 |
|---|---|---|---|
| Church Hill Properties Llc | $430,000 | Fidelity National Title | |
| Turino Properties Inc | $370,000 | -- | |
| Union National Bank & Trust Co Of Elgin | $300,000 | -- | |
| Delacruz Amando Jun | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Church Hill Properties Llc | $400,000 | |
| Previous Owner | Turino Properties Inc | $296,000 | |
| Previous Owner | Union National Bank & Trust Co Of Elgin | $411,116 | |
| Previous Owner | Delacruz Amando Jun | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2020 07/08/20 | Sold | $430,000 | -4.4% | -- |
| 05/25/2020 05/25/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $450,000 | 0.0% | -- |
| 04/07/2020 04/07/20 | Pending | -- | -- | -- |
| 03/13/2020 03/13/20 | For Sale | $450,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $15,643 | $195,467 | $35,607 | $159,860 |
| 2023 | $15,053 | $176,589 | $32,168 | $144,421 |
| 2022 | $13,962 | $161,019 | $29,332 | $131,687 |
| 2021 | $13,431 | $150,541 | $27,423 | $123,118 |
| 2020 | $13,107 | $143,714 | $26,179 | $117,535 |
| 2019 | $12,786 | $136,896 | $24,937 | $111,959 |
| 2018 | $11,978 | $121,151 | $23,492 | $97,659 |
| 2017 | $12,532 | $121,841 | $23,625 | $98,216 |
| 2016 | $13,135 | $123,160 | $21,918 | $101,242 |
| 2015 | -- | $112,887 | $20,090 | $92,797 |
| 2014 | -- | $111,493 | $19,842 | $91,651 |
| 2013 | -- | $114,434 | $20,365 | $94,069 |
Source: Public Records
Agents Affiliated with this Home
-
Dominic Levita
-
Ryan Gable
Buyer's Agent in 2020
Ryan Gable
Starting Point Realty, Inc.
(847) 942-6952
149 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10668241
APN: 06-10-178-005
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