NOT LISTED FOR SALE

242 2nd St Elgin, IL 60123

Estimated Value: $263,000 - $273,119

3 Beds
1 Bath
1,261 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $215,000 $170 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,892/month

8 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Laundry Room
  • 2 Car Detached Garage
  • Living Room
  • Central Air

About This Home

As of April 2022

LOOK NO FURTHER... this charming well-maintained 3 bedroom home is waiting for you! Bedrooms may be a little small but family room with a wood burning fireplace, may be converted to a large master suite. Enough rooms for everyone and everything with endless possibilities to make this your very own dream home! Find more space in its unfinished basement just waiting for your finishing touch! Outside is a large, long driveway leading to a good size 2 car garage, sitting on a huge lot, this property is just perfect for entertaining or to quietly enjoy with your loved one in its nice covered front porch. Conveniently located near shopping, restaurants and Route 20. Don't let this one pass you by, it won't last!

Last Listed By

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 03/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 63x183

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,261 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Larkin High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Community Details

  • Ranch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,230

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1261
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block
  • List Price: 219900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Larkin High School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2683
  • Lot Dimensions: 63X183
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4229.86
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 21, 2022
Sold by
Baeza Maria J
Bought by
Marin Frank R
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Lorena Mercado
GREAT HOMES REAL ESTATE, INC.
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Total Days on Market
8
Current Estimated Value
$267,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,780
Avg. Annual Appreciation
7.44%
Original Mortgage
$211,105
Outstanding Balance
$201,968
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$65,812

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 7, 2019
Sold by
Edwards Mary N and Mary N Edwards Trust
Bought by
Baeza Maria J
Seller's Agent
Bonifacio Mondragon
Coldwell Banker Realty
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$159,900
Sold Price
$166,500
Premium/Discount to List
$6,600
4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$6,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 2011
Sold by
Edwards Mary N
Bought by
Edwards Mary N and Mary N Edwards Trust

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
Marin Frank R $215,000 --
Baeza Maria J $166,500 Attorneys Ttl Guaranty Fund
Edwards Mary N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Frank R $211,105
Previous Owner Baeza Maria J $6,000
Previous Owner Baeza Maria J $163,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $215,000 -2.2% $170 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $219,900 +32.1% $174 / Sq Ft
08/09/2019 08/09/19 Sold $166,500 +4.1% $132 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $159,900 -- $127 / Sq Ft
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 $4,805 $64,527 $17,243 $47,284
2022 $4,568 $58,838 $15,723 $43,115
2021 $4,360 $55,009 $14,700 $40,309
2020 $4,230 $52,514 $14,033 $38,481
2019 $1,383 $50,023 $13,367 $36,656
2018 $1,464 $47,125 $12,593 $34,532
2017 $1,523 $44,550 $11,905 $32,645
2016 $1,580 $41,331 $11,045 $30,286
2015 -- $37,884 $10,124 $27,760
2014 -- $37,416 $9,999 $27,417
2013 -- $38,403 $10,263 $28,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11344436

Midwest Real Estate Data (MRED)

APN: 06-21-227-020