1651 Mark Ave Elgin, IL 60123
Eagle Heights Neighborhood
6
Beds
4
Baths
--
Sq Ft
10,629
Sq Ft Lot
Highlights
- Fenced Yard
- Ceiling Fan
- Multiple Water Heaters
- 2 Car Attached Garage
- Baseboard Heating
About This Home
As of April 2020Rare opportunity to own an income property in Elgin. It is an up and down duplex with separate entrances that was rehabbed in 2013. Both units have 2 full baths and 3 bedrooms. As it is set up now, the downstairs unit has full access to the partially finished basement and the 2 car garage. There is laundry in the basement, but the machines belong to the tenants. The ability to put a washer and dryer upstairs is possible but a new drain will have to be run. There is a large fenced yard that is divided. The downstairs unit was redone in 2013 and has since had a new stove and microwave. Upstairs unit was completely redone in 2020 including kitchen with all new cabinets, counters and stainless steel appliances. Both units have a dishwasher. Upstairs freshly cleaned and painted 2020. Tenants in downstairs unit have lived there for 5 years and now are renting both units for a discounted month to month rate. Potential for higher rents, but current tenants are wonderful!
Last Agent to Sell the Property
HomeSmart Connect LLC License #475149790 Listed on: 02/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,583
Year Built
- Built in 1964
Lot Details
- Fenced Yard
Parking
- 2 Car Attached Garage
- Parking Space is Owned
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- Ceiling Fan
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Utilities
- Baseboard Heating
- Multiple Water Heaters
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2020
Closed on
Apr 8, 2020
Sold by
Trejo Jose and Trejo Tracy
Bought by
Alvarez Sanjuana
Seller's Agent
Tracy Trejo
HomeSmart Connect LLC
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
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
$143,272
Avg. Annual Appreciation
8.04%
Original Mortgage
$229,500
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 27, 2013
Closed on
May 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Trejo Jose and Trejo Tracy
Seller's Agent
Cathy Barbaccia
Partners Real Estate of IL
Buyer's Agent
Joe Trejo
Homesmart Connect LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Purchase Details
Closed on
Jan 23, 2012
Sold by
Aguilar Rafael
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Sep 5, 2006
Sold by
Vences Roberto
Bought by
Aguilar Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
6.49%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
May 20, 2003
Sold by
Vences Jose
Bought by
Vences Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
5.3%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 28, 2001
Sold by
Vasquez Carlos and Gutierrez Yesena
Bought by
Vences Roberto and Vences Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.72%
Purchase Details
Closed on
Sep 27, 2001
Sold by
Nevarez Pedro and Depaz Yolanda
Bought by
Vasquez Carlos and Gutierrez Yesena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.72%
Purchase Details
Closed on
Sep 30, 1997
Sold by
Vogt Richard G and Vogt Elizabeth L
Bought by
Nevarez Pedro and Depaz Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,322
Interest Rate
7.54%
Mortgage Type
FHA
Similar Homes in Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Heritage Title Company | |
| Special Warranty Deed | $202,500 | Attorneys Title Guaranty Fun | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $290,500 | None Available | |
| Interfamily Deed Transfer | -- | Midwest Land Title Co Inc | |
| Warranty Deed | $230,000 | -- | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $128,666 | Advanced Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Credit Line Revolving | |
| Closed | $229,500 | New Conventional | |
| Previous Owner | $161,000 | New Conventional | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $232,400 | Stand Alone First | |
| Previous Owner | $43,500 | Unknown | |
| Previous Owner | $159,250 | Stand Alone First | |
| Previous Owner | $130,000 | No Value Available | |
| Previous Owner | $187,322 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2020 04/13/20 | Sold | $270,000 | -3.6% | -- |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 02/12/2020 02/12/20 | For Sale | $280,000 | +107.4% | -- |
| 06/25/2013 06/25/13 | Sold | $135,000 | -3.5% | -- |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- |
| 04/02/2013 04/02/13 | Price Changed | $139,900 | -6.7% | -- |
| 02/27/2013 02/27/13 | For Sale | $149,900 | -- | -- |
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 | $8,270 | $105,015 | $24,943 | $80,072 |
| 2022 | $7,783 | $95,756 | $22,744 | $73,012 |
| 2021 | $7,452 | $89,525 | $21,264 | $68,261 |
| 2020 | $7,795 | $85,466 | $20,300 | $65,166 |
| 2019 | $7,604 | $81,412 | $19,337 | $62,075 |
| 2018 | $7,583 | $76,696 | $18,217 | $58,479 |
| 2017 | $7,458 | $72,506 | $17,222 | $55,284 |
| 2016 | $7,174 | $67,266 | $15,977 | $51,289 |
| 2015 | -- | $61,655 | $14,644 | $47,011 |
| 2014 | -- | $60,894 | $14,463 | $46,431 |
| 2013 | -- | $62,500 | $14,844 | $47,656 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Trejo
Seller's Agent in 2020
Tracy Trejo
HomeSmart Connect LLC
(630) 452-6235
7 Total Sales
-
Adalberto Sanchez
Buyer's Agent in 2020
Adalberto Sanchez
A&O Dream Key Real Estate
(224) 232-9419
1 in this area
163 Total Sales
-
Cathy Barbaccia
C
Seller's Agent in 2013
Cathy Barbaccia
Partners Real Estate of IL
(847) 301-0300
90 Total Sales
-
J
Buyer's Agent in 2013
Joe Trejo
Homesmart Connect LLC
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10634943
APN: 06-10-105-002
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