NOT LISTED FOR SALE

1397 Abbott Dr Elgin, IL 60123

Northeast Elgin Neighborhood

Estimated Value: $689,000 - $1,481,247

6 Beds
6 Baths
-- Sq Ft
10,890 Sq Ft Lot

Last Sold July 08, 2020

Last sale price $430,000

Est. 110% increase in value since last sale

Current estimated payment $6,140/month

About This Home

METICULOUSLY 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.

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
$905,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,062
Avg. Annual Appreciation
13.87%
Original Mortgage
$400,000
Outstanding Balance
$353,785
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$551,277

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
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 Prior Sale
07/08/2020 07/08/20 Sold $430,000 -4.4% -- View Prior Sale
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 -- --

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

    Seller's Agent in 2020

    Dominic Levita

    Providence Residential Brokerage LLC

    (847) 452-8992

    1 in this area

    109 Total Sales

    Dominic Levita
    Section Image
  • Ryan Gable

    Buyer's Agent in 2020

    Ryan Gable

    Starting Point Realty, Inc.

    (847) 942-6952

    148 Total Sales

    Ryan Gable
    Section Image
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Map

Illinois Kane County Elgin 60123 Northeast Elgin

1397 Abbott Dr, Elgin, IL

Not Listed for Sale

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