NOT LISTED FOR SALE

1519 Meyer St Elgin, IL 60123

North Country Knolls Neighborhood

Estimated Value: $764,000 - $871,169

12 Beds
6 Baths
-- Sq Ft
9,496 Sq Ft Lot

Sale Details

Date Sold: September 28, 2018

Last sale price $475,000 $0 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,650 / mo

63 Days on Market

About This Home

As of September 2018

All units completely updated in 2012. Hardwood floors in all units 2012 updates - new kitchens, baths, trim, doors, appliances, garage doors, washer/dryer. Great building Exterior painted in September of 2017. New roof in 2016.

Last Agent to Sell the Property

Scott Schier

Grid 7 Properties License #471003705 Listed on: 05/30/2018

Last Buyer's Agent

Patrick Jage

Sterling Realty & Prop Mgt LLC License #471001727

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 9,496

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

9,496 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2016
  • Net Oper Income: 59556
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 864
  • Total Annual Exp: 2844
  • Total Annual Income: 62400
  • Total Monthly Income: 5200
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1966
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1966

Exterior Features

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

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Baseboard

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 480
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 73X130
  • Parcel Identification Number: 0622128006

Rental Info

  • Gross Rental Income: 62400
  • Tenant Pays: Electric, Heat, Water/Sewer

Multi Family

  • Expense Year: 2016
  • Insurance Expense: 1500
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14032

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
May 30, 2018
Closed on
Sep 12, 2018
Sold by
Bought by
Seller's Agent
Scott Schier
Grid 7 Properties
Buyer's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$804,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,292
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bought by

Purchase Details

Closed on
May 4, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$470,000 Chicago Title Ins Co
$200,000 Chicago Title Insurance Comp
-- None Available
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 $950,000
Previous Owner $850,000
Previous Owner $222,000
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
09/28/2018 09/28/18 Sold $475,000 -3.1% --
08/01/2018 08/01/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $490,000 -2.0% --
05/30/2018 05/30/18 For Sale $500,000 -- --
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
2024 $15,663 $195,712 $33,486 $162,226
2023 $15,072 $176,811 $30,252 $146,559
2022 $13,980 $161,221 $27,585 $133,636
2021 $13,448 $150,730 $25,790 $124,940
2020 $13,124 $143,895 $24,621 $119,274
2019 $12,802 $137,069 $23,453 $113,616
2018 $12,766 $129,127 $22,094 $107,033
2017 $13,357 $129,864 $22,220 $107,644
2016 $14,033 $131,575 $20,614 $110,961
2015 -- $120,601 $18,895 $101,706
2014 -- $119,112 $18,662 $100,450
2013 -- $122,254 $19,154 $103,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Schier

    Grid 7 Properties

    Section Image

  • P

    Buyer's Agent in 2018

    Patrick Jage

    Sterling Realty & Prop Mgt LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09966708

Midwest Real Estate Data (MRED)

APN: 06-22-128-006

Illinois Kane County Elgin 60123 North Country Knolls

1519 Meyer St, 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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