Seller's Agent in 2023
Emmy Kolovic
Coldwell Banker Realty
(847) 602-2601
1 in this area
28 Total Sales
163 Summit St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $297,211 - $338,000
6
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of March 2023Huge Lot 66' x 132' in the Historic Elgin area. A must see with lots of possibilities. Large driveway and open area to park your car or cars. Full unfinished basement. 2 Flat unit rental with large outdoor fenced yard. Leases are month-to-month. Owner has owned the property for 48 years. Bring your ideas to gut and change to a single family or keep as a rental income to have some extra cash. Property needs work. Corner bus stop Close to parks, school, downtown Historic Elgin, Gail Borden Library, & Grand Victoria Casino. Sold AS IS. Agent related to owner.
Last Agent to Sell the Property
Coldwell Banker Realty License #475183138 Listed on: 07/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,857
Year Built
- Built in 1898
Lot Details
- 8,712
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Shake Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Schools
- Mckinley Elementary School
- Larsen Middle School
- Elgin High School
Utilities
- Radiator
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 66' x 132'
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2022
Closed on
Mar 8, 2023
Sold by
Jashari Abibe
Bought by
Haro Miguel
Seller's Agent
Emmy Kolovic
Coldwell Banker Realty
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$245,000
Sold Price
$222,000
Premium/Discount to List
-$23,000
-9.39%
Views
182
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
$89,803
Avg. Annual Appreciation
12.20%
Original Mortgage
$217,979
Outstanding Balance
$211,136
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$100,667
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Haro Miguel | $222,000 | Saturn Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Haro Miguel | $217,979 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2023 03/08/23 | Sold | $222,000 | -9.4% | -- |
| 01/21/2023 01/21/23 | Pending | -- | -- | -- |
| 12/15/2022 12/15/22 | For Sale | $245,000 | 0.0% | -- |
| 11/19/2022 11/19/22 | Pending | -- | -- | -- |
| 09/26/2022 09/26/22 | Price Changed | $245,000 | -2.0% | -- |
| 07/16/2022 07/16/22 | For Sale | $250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $5,772 | $80,127 | $15,494 | $64,633 |
| 2023 | $6,171 | $72,389 | $13,998 | $58,391 |
| 2022 | $5,304 | $61,166 | $12,764 | $48,402 |
| 2021 | $5,102 | $57,185 | $11,933 | $45,252 |
| 2020 | $4,979 | $54,592 | $11,392 | $43,200 |
| 2019 | $4,857 | $52,003 | $10,852 | $41,151 |
| 2018 | $4,843 | $48,990 | $10,223 | $38,767 |
| 2017 | $4,763 | $46,313 | $9,664 | $36,649 |
| 2016 | $4,582 | $42,966 | $8,966 | $34,000 |
| 2015 | -- | $39,382 | $8,218 | $31,164 |
| 2014 | -- | $38,896 | $8,117 | $30,779 |
| 2013 | -- | $39,922 | $8,331 | $31,591 |
Source: Public Records
Agents Affiliated with this Home
-
Emmy Kolovic
-
Jesus Perez
Buyer's Agent in 2023
Jesus Perez
Realty of America, LLC
(630) 878-9064
26 in this area
437 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11466655
APN: 06-11-484-005
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.
Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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