NOT LISTED FOR SALE

241 Michigan St Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $182,000 - $213,376

2 Beds
1 Bath
-- Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: April 6, 2018

Last sale price $78,300

Est. 151% increase in value since last sale

Current estimated payment $1,270 / mo

13 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 3-minute walk to Davidson Memorial Park
  • Detached Garage

About This Home

As of April 2018

This property is being sold "as-is" and with ALL contents. See pictures for condition of property.

Last Agent to Sell the Property

Chris Jacobs

Century 21 Circle License #471007090 Listed on: 02/21/2018

Century 21 Circle

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Home Details

Home Type

  • Single Family

Lot Details

  • 0.7

Parking

  • Detached Garage
  • Off Alley Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Lot Details

0.7 Acres

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 13X13, On Level: Main Level, Flooring: Carpet, Windows: None
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 13X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Off Alley
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 40X85
  • Parcel Identification Number: 0613378025

Tax Info

  • Taxes: 1567

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
Feb 21, 2018
Closed on
Apr 6, 2018
Sold by
Bought by
Seller's Agent
Chris Jacobs
Century 21 Circle
Buyer's Agent
Art Zamudo
Casablanca
List Price
$58,000
Sold Price
$78,300
Premium/Discount to List
$20,300
35%
Current Estimated Value
$196,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,159
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,746
Interest Rate
0.0525%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
0.0682%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,815
Interest Rate
0.0617%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$76,500 Attorney
$90,000 Camridge Title Co
$82,500 Chicago Title Insurance Co
$42,500 Premier Title
-- Law Title Insurance
$135,000 Atg
$48,000 --
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
Previous Owner $78,093
Previous Owner $79,746
Previous Owner $116,800
Previous Owner $29,200
Previous Owner $132,815
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
04/06/2018 04/06/18 Sold $78,300 +35.0% --
03/06/2018 03/06/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $58,000 -25.9% --
03/01/2018 03/01/18 Off Market $78,300 -- --
02/21/2018 02/21/18 For Sale $58,000 -- --
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 $2,724 $42,042 $7,673 $34,369
2023 $2,556 $37,982 $6,932 $31,050
2022 $2,483 $34,633 $6,321 $28,312
2021 $2,354 $32,380 $5,910 $26,470
2020 $2,272 $30,912 $5,642 $25,270
2019 $2,190 $29,445 $5,374 $24,071
2018 $1,739 $23,591 $5,063 $18,528
2017 $1,677 $22,302 $4,786 $17,516
2016 $1,567 $20,690 $4,440 $16,250
2015 -- $18,965 $4,070 $14,895
2014 -- $18,731 $4,020 $14,711
2013 -- $21,890 $4,126 $17,764
Source: Public Records

Agents Affiliated with this Home

  • Chris Jacobs

    Seller's Agent in 2018

    Chris Jacobs

    Century 21 Circle

    (847) 401-4859

    178 Total Sales

    Chris Jacobs
    Section Image

  • A

    Buyer's Agent in 2018

    Art Zamudo

    Casablanca

    (847) 514-0900

    46 Total Sales

    Art Zamudo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09862942

Midwest Real Estate Data (MRED)

APN: 06-13-378-025

Illinois Kane County Elgin 60120 Downtown Elgin

241 Michigan St, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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