Seller's Agent in 2016
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
15 in this area
599 Total Sales
255 S Lyle Ave Elgin, IL 60123
North Country Knolls NeighborhoodEstimated Value: $439,000 - $595,000
10
Beds
5
Baths
3,348
Sq Ft
$160/Sq Ft
Est. Value
About This Home
As of October 2016You don't want to miss this 5 unit building with basement and ample parking. Currently all units are rented month to month. New roof in 2012. Great income potential!
Last Agent to Sell the Property
Zamudio Realty Group License #471021065 Listed on: 04/14/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,310
Year Built
- Built in 1967
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 90x120
Home Design
- Quadruplex
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,348 Sq Ft Home
- 2-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Utilities
- No Cooling
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $360
- Fuel Expense $2,400
- Insurance Expense $1,300
- Maintenance Expense $1,000
- Water Sewer Expense $2,472
- Operating Expense $19,843
- Gross Income $51,300
- Net Operating Income $19,843
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2017
Sold by
Mado Sargon
Bought by
Mando Mla
Current Estimated Value
Purchase Details
Listed on
Apr 14, 2015
Closed on
Oct 7, 2016
Sold by
Huerta Cipriano and Huerta Onesima
Bought by
Mando Sargon
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Ashoor Youmara
American International Realty
List Price
$359,900
Sold Price
$330,000
Premium/Discount to List
-$29,900
-8.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$249,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 28, 2004
Sold by
Schmidt Al
Bought by
Huerta Cipriano and Huerta Onesima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 2, 2001
Sold by
Naaf Walter E and Naaf Robert F
Bought by
Schmidt Al
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 |
|---|---|---|---|
| Mando Mla | -- | None Available | |
| Mando Sargon | $330,000 | Attorneys Title Guaranty Fun | |
| Huerta Cipriano | $340,000 | -- | |
| Schmidt Al | $230,000 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mando Sargon | $249,000 | |
| Previous Owner | Huerta Cipriano | $272,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2016 10/07/16 | Sold | $330,000 | -8.3% | $99 / Sq Ft |
| 08/01/2016 08/01/16 | Pending | -- | -- | -- |
| 04/14/2015 04/14/15 | For Sale | $359,900 | -- | $107 / Sq Ft |
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 | $12,906 | $161,271 | $29,668 | $131,603 |
| 2023 | $12,420 | $145,696 | $26,803 | $118,893 |
| 2022 | $11,520 | $132,850 | $24,440 | $108,410 |
| 2021 | $11,081 | $124,206 | $22,850 | $101,356 |
| 2020 | $10,814 | $118,574 | $21,814 | $96,760 |
| 2019 | $10,549 | $112,949 | $20,779 | $92,170 |
| 2018 | $10,520 | $106,405 | $19,575 | $86,830 |
| 2017 | $11,006 | $107,010 | $19,686 | $87,324 |
| 2016 | $11,548 | $108,277 | $18,263 | $90,014 |
| 2015 | -- | $99,246 | $16,740 | $82,506 |
| 2014 | -- | $98,020 | $16,533 | $81,487 |
| 2013 | -- | $100,605 | $16,969 | $83,636 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Zamudio
-
Juan Carlos Dominguez
Seller Co-Listing Agent in 2016
Juan Carlos Dominguez
Zamudio Realty Group
(847) 514-9869
3 in this area
71 Total Sales
-
Ashoor Youmara
Buyer's Agent in 2016
Ashoor Youmara
American International Realty
(847) 312-3701
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08891753
APN: 06-22-102-019
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