Seller's Agent in 2021
Gordon Gromer
RE/MAX
(847) 812-6468
6 in this area
66 Total Sales
22 Daniels Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $223,000 - $283,000
3
Beds
2
Baths
--
Sq Ft
2,614
Sq Ft Lot
About This Home
As of August 2021THIS COULD BE CONSIDERED A DIAMOND IN THE ROUGH! 2 FLAT WITHIN WALKING DISTANCE OF ELGIN'S AWARD WINNING LIBRARY AND ALL THAT DOWNTOWN ELGIN HAS TO OFFER! PLUS!!!!!!! THIS PROPERTY IS ADJACENT ON 2 SIDES TO CITY OF ELGIN OWNED RIVERFRONT LAND WITH A BIKE BATH. THIS PROPERTY MAY SOMEDAY BECOME LUXURY TOWNHOMES AND/OR A RIVERFRONT PARK AND PROMENADE. EASY TO RENT AND A GOOD PLACE TO LIVE! INTERIOR PICTURES TAKEN PRIOR TO OCCUPANCY. NEWER WINDOWS AND SIDING.
Last Agent to Sell the Property
RE/MAX Horizon License #475103999 Listed on: 06/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,991
Year Built
- Built in 1888
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 40x72
- Adjoins Government Land
Home Design
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Cellar
Parking
- 2 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
- Unassigned Parking
Schools
- Mckinley Elementary School
- Elgin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- 2 Units
Building Details
- Fuel Expense $616
- Insurance Expense $901
- Maintenance Expense $790
- Water Sewer Expense $903
- Gross Income $19,380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2021
Closed on
Jul 12, 2021
Sold by
Schohn Jeff M and Szczepaniak Kathryn M
Bought by
Owusu Philip
Seller's Agent
Gordon Gromer
RE/MAX Horizon
Buyer's Agent
Terina Fountain
Coldwell Banker Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
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
$72,584
Avg. Annual Appreciation
6.45%
Original Mortgage
$176,739
Outstanding Balance
$163,898
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$69,123
Purchase Details
Closed on
Apr 29, 2003
Sold by
Ademi Zife
Bought by
Schohn Jeff M and Szczepaniak Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 12, 1996
Sold by
Ademi Nebi
Bought by
Ademi Zife
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 |
|---|---|---|---|
| Owusu Philip | $180,000 | Ct | |
| Schohn Jeff M | $153,000 | Multiple | |
| Ademi Zife | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Owusu Philip | $176,739 | |
| Previous Owner | Schohn Jeff M | $137,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2021 08/09/21 | Sold | $180,000 | -4.8% | -- |
| 06/05/2021 06/05/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $189,000 | -- | -- |
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 | $3,863 | $48,268 | $7,959 | $40,309 |
| 2023 | $3,717 | $43,606 | $7,190 | $36,416 |
| 2022 | $3,186 | $36,742 | $6,556 | $30,186 |
| 2021 | $3,065 | $34,351 | $6,129 | $28,222 |
| 2020 | $2,991 | $32,793 | $5,851 | $26,942 |
| 2019 | $2,917 | $31,237 | $5,573 | $25,664 |
| 2018 | $2,909 | $29,427 | $5,250 | $24,177 |
| 2017 | $2,861 | $27,819 | $4,963 | $22,856 |
| 2016 | $2,752 | $25,808 | $4,604 | $21,204 |
| 2015 | -- | $23,655 | $4,220 | $19,435 |
| 2014 | -- | $23,363 | $4,168 | $19,195 |
| 2013 | -- | $23,979 | $4,278 | $19,701 |
Source: Public Records
Agents Affiliated with this Home
-
Gordon Gromer
-
Terina Fountain
Buyer's Agent in 2021
Terina Fountain
Coldwell Banker Realty
1 in this area
22 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11110105
APN: 06-11-452-007
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