Seller's Agent in 2019
Jeff Kellenberger
Preferred Homes Realty
(847) 695-6400
5 in this area
57 Total Sales
1651 Maple Ln Elgin, IL 60123
North Country Knolls NeighborhoodEstimated Value: $700,527 - $924,000
12
Beds
6
Baths
--
Sq Ft
0.32
Acres
About This Home
As of March 2019Well cared for 6-unit building with all 2 bedroom units. Each unit has living room, kitchen, 2 bedrooms and 1 bath plus a patio/balcony. The basement has 6 storerooms for tenants plus 1 for owner and 1 coin-operated washer and dryer. The hot water heater was replaced in 2018.There is parking in the back and there is a verbal agreement with owner across drive to each use the 1651 side of the drive to park vehicles on, each building has 2 spaces. Roof was replaced in 2008.Rent roll and expenses sheet is in MLS docs.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,071
Year Built
- 1968
Lot Details
- 0.32
Home Design
- Slab Foundation
- Cedar
Additional Features
- Crawl Space
- Cooling System Mounted In Outer Wall Opening
Community Details
- Fuel Expense $1,022
- Insurance Expense $3,366
Listing and Financial Details
- Tenant pays for air conditioning, electric, heat
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2019
Closed on
Mar 21, 2019
Sold by
Parkinson Kimberly R and The Estate Of Eldon E Andres
Bought by
Parekh Jayesh V
Seller's Agent
Jeff Kellenberger
Preferred Homes Realty
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Total Days on Market
11
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
$336,132
Original Mortgage
$289,000
Interest Rate
4.3%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parekh Jayesh V | $425,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Parekh Jayesh V | $289,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2019 03/20/19 | Sold | $425,000 | -5.6% | -- |
| 02/02/2019 02/02/19 | Pending | -- | -- | -- |
| 01/22/2019 01/22/19 | For Sale | $450,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $15,071 | $176,790 | $32,168 | $144,622 |
| 2022 | $13,978 | $161,202 | $29,332 | $131,870 |
| 2021 | $13,446 | $150,712 | $27,423 | $123,289 |
| 2020 | $13,122 | $143,877 | $26,179 | $117,698 |
| 2019 | $12,800 | $137,052 | $24,937 | $112,115 |
| 2018 | $12,310 | $124,507 | $23,492 | $101,015 |
| 2017 | $12,879 | $125,215 | $23,625 | $101,590 |
| 2016 | $13,506 | $126,638 | $21,918 | $104,720 |
| 2015 | -- | $116,075 | $20,090 | $95,985 |
| 2014 | -- | $114,642 | $19,842 | $94,800 |
| 2013 | -- | $117,666 | $20,365 | $97,301 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Kellenberger
-
Jayesh Parekh
J
Buyer's Agent in 2019
Jayesh Parekh
ARNI Realty Incorporated
(847) 962-0239
93 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10254610
APN: 06-15-155-002
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