NOT LISTED FOR SALE

1903 Portage Way Unit 5 Elgin, IL 60123

Estimated Value: $415,306 - $476,000

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $295,000

Est. 55% increase in value since last sale

Current estimated payment $3,359/month

8 Days on Market

Highlights

  • Property is near a park
  • Porch
  • Patio
  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2020

Great Investment Opportunity... 2 bed 2 bath on each side with full finished walk out lower levels... great location, beautiful open green space patio views... identical floor plans on each side, separate dining room overlooking 2 story living room, large Master bedrooms, finished walk out basements with separate laundry room, ceramic tile floors and large rec room plus 2nd full bath... 1903 has been newly updated with fixtures, vanities, carpet and fresh paint throughout. All new vinyl siding, gutters and fascia in 2019... Desirable Valley Creek location, walking distance to park and school!

Last Listed By

Kelly West

Century 21 New Heritage - Hampshire License #475121861 Listed on: 07/18/2020

Century 21 New Heritage - Hampshire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,767

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Duplex
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Recreation Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Creekside Elementary School
  • Kimball Middle School
  • Larkin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,767

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Recreation Room
  • Basement Description: Finished,Crawl,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Dishwasher,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Cathedral Ceilings
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Cathedral Ceilings

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 299900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Creekside Elementary School
  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: .23
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 8767.34
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 11, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Lopez Ruby Amairany
Seller's Agent
Kelly West
Century 21 New Heritage - Hampshire
Buyer's Agent
ARACELY AVILA
Coldwell Banker Realty
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Total Days on Market
8
Current Estimated Value
$456,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,577
Avg. Annual Appreciation
9.80%
Original Mortgage
$289,656
Interest Rate
2.71%
Mortgage Type
FHA

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Lopez Ruby Amairany $295,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Ruby Amairany $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $295,000 -1.6% --
07/26/2020 07/26/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $299,900 +1.7% --
07/18/2020 07/18/20 Off Market $295,000 -- --
07/18/2020 07/18/20 For Sale $299,900 -- --
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 $9,640 $121,089 $32,144 $88,945
2022 $9,054 $110,412 $29,310 $81,102
2021 $8,674 $103,228 $27,403 $75,825
2020 $8,988 $98,547 $26,160 $72,387
2019 $8,767 $93,872 $24,919 $68,953
2018 $8,743 $88,433 $23,475 $64,958
2017 $8,599 $83,601 $22,192 $61,409
2016 $8,272 $77,559 $20,588 $56,971
2015 -- $71,090 $18,871 $52,219
2014 -- $70,212 $18,638 $51,574
2013 -- $72,064 $19,130 $52,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10787077

Midwest Real Estate Data (MRED)

APN: 06-09-482-014