NOT LISTED FOR SALE

1490 Meyer St Elgin, IL 60123

Estimated Value: $394,000 - $462,000

6 Beds
4 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $310,000

Est. 35% increase in value since last sale

Current estimated payment $2,845/month

114 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of June 2021

INVEST IN YOUR FUTURE! SIDE BY SIDE DUPLEX! 3 BDR EACH WITH 1 1/2 BATHS! GENERSOULY SIZED LIVING AND FAMILY IN BOTH UNITS! 1 CAR GARAGE EACH! SCHEDULE A SHOWING TODAY!

Last Agent to Sell the Property

Jesus Perez

Realty of America, LLC License #475164326 Listed on: 12/03/2020

Realty of America, LLC

Last Buyer's Agent

Rutul Parekh

ARNI Realty Incorporated License #471021588

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 75x125

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Bi-Level Home
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms

Finished Basement

  • English Basement
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Country Knolls South Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,100

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Subdivision Name: Country Knolls South
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 75X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6100.5
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jun 8, 2021
Sold by
Irineo Joel and Irineo Teresa
Bought by
Hia Investments Llc
Seller's Agent
Jesus Perez
Realty of America, LLC
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
Sold Price
$310,000
Current Estimated Value
$419,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,204
Avg. Annual Appreciation
7.24%
Original Mortgage
$217,000
Outstanding Balance
$196,466
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$222,738

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 15, 2018
Sold by
Rickert David J
Bought by
Irineo Joel and Irineo Teresa
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$239,900
Sold Price
$245,013
Premium/Discount to List
$5,113
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$183,759
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2017
Sold by
Knott Brian W
Bought by
Knott Brian W and Kott Patricia A

Purchase Details

Closed on
Mar 18, 2011
Sold by
Us Bank National Association
Bought by
Knott Brian W

Purchase Details

Closed on
Aug 2, 2010
Sold by
Latinwo Temidayo and Jones Temidayo
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 5, 2004
Sold by
Carraher James L and Carraher Linda L
Bought by
Jones Gregory and Latinwo Temidayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2001
Sold by
Carraher James L and Carraher Linda L
Bought by
Carraher James L and Carraher Linda L
Source: Public Records

Range of Values:

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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
Hia Investments Llc $310,000 None Available
Irineo Joel $245,500 Chciago Title
Rickert David J $200,000 Chicago Title Insurance Co
Knott Brian W -- Attorney
Knott Brian W $97,500 Attorneys Title Guaranty Fun
Us Bank National Association -- None Available
Jones Gregory $260,000 Atg
Carraher James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hia Investments Llc $217,000
Previous Owner Irineo Joel $183,759
Previous Owner Jones Gregory $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $310,000 0.0% --
03/31/2021 03/31/21 For Sale -- -- --
03/26/2021 03/26/21 Pending -- -- --
03/11/2021 03/11/21 Off Market $310,000 -- --
03/03/2021 03/03/21 For Sale $310,000 0.0% --
02/03/2021 02/03/21 Pending -- -- --
01/26/2021 01/26/21 Price Changed $310,000 -1.6% --
12/02/2020 12/02/20 For Sale $314,900 +28.5% --
07/23/2018 07/23/18 Sold $245,013 +2.1% --
06/18/2018 06/18/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $239,900 -- --
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 $7,464 $93,263 $24,998 $68,265
2023 $7,182 $84,256 $22,584 $61,672
2022 $6,662 $76,827 $20,593 $56,234
2021 $6,408 $71,828 $19,253 $52,575
2020 $6,254 $68,571 $18,380 $50,191
2019 $6,101 $65,318 $17,508 $47,810
2018 $5,948 $60,165 $16,494 $43,671
2017 $5,850 $56,878 $15,593 $41,285
2016 $5,628 $52,767 $14,466 $38,301
2015 -- $48,365 $13,259 $35,106
2014 -- $47,768 $13,095 $34,673
2013 -- $49,028 $13,440 $35,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10945684

Midwest Real Estate Data (MRED)

APN: 06-22-127-020