$130,000
SOLD JUN 10, 2019

18 N Gifford St Unit 20 Elgin, IL 60120

Gifford Park Neighborhood
4 Beds
2 Baths
-- Sq Ft
1915 Built

Recently Sold

11% Above List Price

27 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • 4-minute walk to James T Gifford Park

About This Home

As of December 2021

THIS IS A FANNIE MAE HOMEPATH PROPERTY! COME RESTORE THIS FABULOUS HOME WITH SO MUCH POTENTIAL! HOME IS LOCATED IN ELGIN'S HISTORIC DISTRICT! THERE IS A GREAT 3 CAR GARAGE IN THE BACK FOR PLENTY OF VEHICLE SPACE! LOCATED CLOSE TO DOWNTOWN! BRING YOUR IDEAS TO THIS ONE AND RESTORE THIS ONE TO IT'S ONCE GLORIOUS CHARM! THIS IS A FORMER 2 UNIT THAT COULD BE A GREAT DECONVERSION!

Last Agent to Sell the Property

John Hoffman

Whyrent Real Estate Company License #471001421 Listed on: 02/27/2019

Co-Listed By

Mayra Perez

Whyrent Real Estate Company License #475145750

Last Buyer's Agent

Jesus Perez

Casablanca License #475164326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1915

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Cedar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50x117

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 117500
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 50X117
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4277.64
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 5, 2021
Sold by
Aburto Angelica
Bought by
Dela Paz Maria I Gomez
Seller's Agent
Jesus Perez
Casablanca
Buyer's Agent
Jesus Perez
Casablanca
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Current Estimated Value
$277,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,356
Avg. Annual Appreciation
6.70%
Original Mortgage
$216,015
Outstanding Balance
$200,253
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$77,103

Purchase Details

Closed on
Apr 1, 2019
Sold by
Fannie Mae
Bought by
Aburto Angelica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,402
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2019
Sold by
Syavong Amphone and Syavong Kevin
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,402
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 None Available
Deed $130,000 Real Estate Title Co Llc
Sheriffs Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,994 FHA
Closed $22,273 Construction
Open $216,015 FHA
Previous Owner $154,402 FHA
Previous Owner $181,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $220,000 -4.3% --
09/22/2021 09/22/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $229,900 +76.8% --
06/10/2019 06/10/19 Sold $130,000 +10.6% --
03/26/2019 03/26/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $117,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $4,772 $63,980 $11,905 $52,075
2022 $4,164 $54,021 $10,855 $43,166
2021 $4,506 $50,506 $10,149 $40,357
2020 $4,397 $48,216 $9,689 $38,527
2019 $4,290 $45,928 $9,229 $36,699
2018 $4,278 $43,267 $8,694 $34,573
2017 $4,207 $40,903 $8,219 $32,684
2016 $4,047 $37,947 $7,625 $30,322
2015 -- $34,782 $6,989 $27,793
2014 -- $34,353 $6,903 $27,450
2013 -- $35,259 $7,085 $28,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10291678

Midwest Real Estate Data (MRED)

APN: 06-13-182-026