NOT LISTED FOR SALE

1620 Meyer St Unit 22 Elgin, IL 60123

Estimated Value: $307,353 - $335,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 11, 2016

Last sale price $177,000

Est. 83% increase in value since last sale

Current estimated payment $2,195/month

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • Paved or Partially Paved Lot
  • Heating Available

About This Home

As of April 2016

GREAT OPPORTUNITY TO OWN THIS SIDE BY SIDE DUPLEX. Each unit is 2 BR 1 bath with a 1 car garage. New carpet through out both units, recent roof replacement, overall the property has been well maintained by caring owners. Nice fenced backyard space. Could use a little updating but could easily be rented out as is. Great location close to route 20, schools and shopping.

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 02/29/2016

Last Buyer's Agent

Phillip Mazur

Right at Home Realty Illinois, LLC License #471018189

Right at Home Realty Illinois, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 69x147x75x141
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Hillcrest Elementary School
  • Kimball Middle School
  • Larkin High School

Utilities

  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,738

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 187500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: HILLCREST ELEMENTARY SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: KIMBALL MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 69X147X75X141
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4737.92
  • Tax Year: 2014
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 11, 2016
Sold by
Hokanson Craig
Bought by
Kadolph David R and Kadolph Brianne R
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Phillip Mazur
Right at Home Realty Illinois, LLC
List Price
$187,500
Sold Price
$177,000
Premium/Discount to List
-$10,500
-5.6%
Current Estimated Value
$323,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,588
Avg. Annual Appreciation
6.58%
Original Mortgage
$127,500
Outstanding Balance
$101,158
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$222,430

Purchase Details

Closed on
Sep 7, 1995
Sold by
The National Bk & Tr Co Of Sycamore
Bought by
Hokanson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1994
Sold by
Hubbe Richard H and Hubbe Harold R
Bought by
The National Bk & Tr Company Of Sycamore
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
Kadolph David R $177,000 Chicago Title Insurance Co
Hokanson Craig $137,000 Chicago Title Insurance Co
The National Bk & Tr Company Of Sycamore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadolph David R $127,500
Previous Owner Hokanson Craig $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $177,000 -5.6% --
03/04/2016 03/04/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $187,500 -- --
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 $5,763 $72,015 $24,998 $47,017
2023 $5,546 $65,060 $22,584 $42,476
2022 $5,144 $59,324 $20,593 $38,731
2021 $4,948 $55,464 $19,253 $36,211
2020 $4,829 $52,949 $18,380 $34,569
2019 $4,711 $50,437 $17,508 $32,929
2018 $4,698 $47,515 $16,494 $31,021
2017 $4,620 $44,919 $15,593 $29,326
2016 $4,444 $41,673 $14,466 $27,207
2015 -- $38,197 $13,259 $24,938
2014 -- $37,725 $13,095 $24,630
2013 -- $38,720 $13,440 $25,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09153283

Midwest Real Estate Data (MRED)

APN: 06-22-103-009