Seller's Agent in 2021
Beverley Caliendo
The McDonald Group
(847) 301-3219
11 Total Sales
Estimated Value: $317,000 - $349,000
4
Beds
3
Baths
--
Sq Ft
3,485
Sq Ft Lot
Highlights
- Screened Porch
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
As of May 2021Updated, historic brick 2 flat in charming Historic District neighborhood. Near revitalized downtown Elgin, Grand Victoria Casino and Fox River trails. Enjoy events at Festival Park. Currently rents for $2250 a month, $27000 gross a year and could be higher. Tenants pay all utilities. Tear off roof about 12 yrs ago. Replaced Furnace (not boiler), water heater, electrical box and restored Italianate windows. Screened in porches, high ceilings and 2 car garage with 3 exterior parking spots. Channing Elementary is just a block away. 1st floor duplex down with W/D hook up and 2 car garage pays 2/3 water & gas. 2nd floor has W/D in unit pays 1/3. Many things have been updated over the years; appliances, baths... Well cared for, but sold "as is". Home warranty through 11/26/2024 with $60 service call fee. Carpet will be replaced on 2nd floor and in basement upon tenants moving and will be painted, as needed. Agent is related to seller. Estimate: Sale price $250K, $65k down depending on credit score, 3.25% int. rate= PITI $1300, positive income $950 per month or live in one and let tenant pay most of the mortgage. Buyer must be pre-qualified with proof of funds for down payment or cash offer before showing. Pics are from when vacant. Do not disturb tenants, appointment required with 24 hour notice.
Last Agent to Sell the Property
HomeSmart Connect LLC License #475114446 Listed on: 03/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,632
Year Built
- Built in 1910
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 50x120
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- Screened Porch
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Schools
- Channing Memorial Elementary Sch
- Ellis Middle School
- Elgin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
- 2Flat
Building Details
- Insurance Expense $1,322
- Maintenance Expense $1,000
- Gross Income $27,000
- Net Operating Income $24,678
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2021
Closed on
May 24, 2021
Sold by
Caliendo Peter and Caliendo Beverley
Bought by
Schweickart Joachim T
Seller's Agent
Beverley Caliendo
HomeSmart Connect LLC
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$250,000
Sold Price
$242,000
Premium/Discount to List
-$8,000
-3.2%
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
$83,554
Avg. Annual Appreciation
6.94%
Original Mortgage
$205,700
Outstanding Balance
$185,830
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,724
Purchase Details
Closed on
Aug 13, 2011
Sold by
Caliendo Peter
Bought by
Caliendo Peter and Caliendo Beverley
Purchase Details
Closed on
Feb 4, 2003
Sold by
Castillo Jose Luis
Bought by
Caliendo Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
6.06%
Purchase Details
Closed on
Dec 28, 2000
Sold by
Miller Angela C
Bought by
Castillo Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.8%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schweickart Joachim T | $242,000 | First American Title | |
| Caliendo Peter | -- | None Available | |
| Caliendo Peter | $177,500 | Law Title Insurance Co Inc | |
| Castillo Jose | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schweickart Joachim T | $205,700 | |
| Previous Owner | Caliendo Peter | $159,750 | |
| Previous Owner | Castillo Jose | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $242,000 | -3.2% | -- |
| 03/26/2021 03/26/21 | Pending | -- | -- | -- |
| 03/19/2021 03/19/21 | For Sale | $250,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $5,513 | $76,890 | $10,004 | $66,886 |
| 2023 | $5,240 | $69,464 | $9,038 | $60,426 |
| 2022 | $4,538 | $58,330 | $8,241 | $50,089 |
| 2021 | $4,865 | $54,535 | $7,705 | $46,830 |
| 2020 | $4,748 | $52,062 | $7,356 | $44,706 |
| 2019 | $4,632 | $49,592 | $7,007 | $42,585 |
| 2018 | $4,619 | $46,719 | $6,601 | $40,118 |
| 2017 | $4,543 | $44,166 | $6,240 | $37,926 |
| 2016 | $4,370 | $40,974 | $5,789 | $35,185 |
| 2015 | -- | $37,556 | $5,306 | $32,250 |
| 2014 | -- | $37,092 | $5,240 | $31,852 |
| 2013 | -- | $38,070 | $5,378 | $32,692 |
Source: Public Records
Agents Affiliated with this Home
-
Beverley Caliendo
-
Christopher Davis
Buyer's Agent in 2021
Christopher Davis
Inspire Realty Group LLC
(847) 489-3476
331 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11027181
APN: 06-13-451-002
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