NOT LISTED FOR SALE

Estimated Value: $345,000 - $369,000

8 Beds
4 Baths
-- Sq Ft
8,538 Sq Ft Lot Lot

Sale Details

Date Sold: May 28, 2019

Last sale price $254,000

Est. 40% increase in value since last sale

Current estimated payment $2,482 / mo

4 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Forced Air Heating System

About This Home

As of May 2019

GREAT INCOME Investment. Both 2 story units in the front and 2 lower level units. Location is close to downtown Elgin. Walking to library, and Hemmans Auditorium. Close to downtown city transportation. Plenty of parking included. A must see. AS IS.

Last Agent to Sell the Property

Emmy Kolovic

Coldwell Banker Realty License #475183138 Listed on: 03/16/2019

Coldwell Banker Realty

Last Buyer's Agent

Janet Mayer

RE/MAX Action License #475131320

RE/MAX Action

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,101

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 76x99x42x118
  • Paved or Partially Paved Lot

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Clad Trim

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Mckinley Elementary School
  • Larsen Middle School
  • Larkin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,101

Year Built

Built in 1900

Lot Details

8,538 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Lot Features: Dimensions to Center of Road
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Clad Trim

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: MCKINLEY ELEMENTARY SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: LARSEN MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 76X99X42X118
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 6100.56
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
May 28, 2019
Sold by
Jashari Sinan
Bought by
Nagnonhou Koffi M
Seller's Agent
Emmy Kolovic
Coldwell Banker Realty
Buyer's Agent
Janet Mayer
RE/MAX Action
List Price
$265,000
Sold Price
$254,000
Premium/Discount to List
-$11,000
-4.15%
Current Estimated Value
$354,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,956
Avg. Annual Appreciation
4.97%
Original Mortgage
$249,399
Outstanding Balance
$222,062
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$132,894
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nagnonhou Koffi M $254,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagnonhou Koffi M $249,399
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $254,000 -4.2% --
03/20/2019 03/20/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $265,000 -- --
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 $7,351 $99,851 $12,739 $87,112
2023 $7,008 $90,208 $11,509 $78,699
2022 $6,046 $75,730 $10,494 $65,236
2021 $5,781 $70,802 $9,811 $60,991
2020 $5,617 $67,591 $9,366 $58,225
2019 $6,220 $66,599 $11,136 $55,463
2018 $6,203 $62,741 $10,491 $52,250
2017 $6,101 $59,313 $9,918 $49,395
2016 $5,869 $55,026 $9,201 $45,825
2015 -- $50,437 $8,434 $42,003
2014 -- $49,814 $8,330 $41,484
2013 -- $51,128 $8,550 $42,578
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10310899

Midwest Real Estate Data (MRED)

APN: 06-14-237-006

Your Personal Tour Guide

Ask me questions while you tour the home.