NOT LISTED FOR SALE

Estimated Value: $328,000 - $382,000

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

Sale Details

Date Sold: May 28, 2019

Last sale price $254,000

Est. 36% increase in value since last sale

Current estimated payment $2,476 / 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

Baird & Warner License #475183138 Listed on: 03/16/2019

Baird & Warner

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Emmy Kolovic
Baird & Warner
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
$344,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,781
Avg. Annual Appreciation
4.82%
Original Mortgage
$249,399
Interest Rate
0.0475%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $249,399
Closed $73,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10310899

Midwest Real Estate Data (MRED)

APN: 06-14-237-006

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