NOT LISTED FOR SALE

26 S Edison Ave Elgin, IL 60123

Estimated Value: $256,000 - $316,000

4 Beds
2 Baths
1,520 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $85,000 $56 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,043/month

283 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to Abbott Park
  • Entrance Foyer

About This Home

As of July 2014

APPROVED SHORT SALE///COME & TAKE A LOOK INSIDE,MUCH BIGGER THAN IT LOOKS. BEAUTIFUL DINING ROOM WITH ACCESS FROM LIVING ROOM & FOYER. CHECK ROOM SIZES. THIS IS A SHORT SALE "AS IS" SUBJECT TO LIEN HOLDER APPROVAL & ADDENDUMS.

Last Agent to Sell the Property

Salvador Lopez

Montana Realty, Ltd. Listed on: 08/23/2013

Last Buyer's Agent

Juana Fuentes

Exclusive Living, Inc License #471006359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,942

Year Built

  • 1890

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,942

Year Built

1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: U
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built (Public Record): 1890

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 15X16, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X14, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 13X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 6X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X18, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 10X22, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1520
  • Family Room: Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.1545

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 60X120
  • Parcel Identification Number: 0615431013

Tax Info

  • Taxes: 4612.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
Jun 25, 2014
Sold by
Lugo Richard A
Bought by
Casasola Areli
Seller's Agent
Salvador Lopez
Montana Realty, Ltd.
Buyer's Agent
Juana Fuentes
Exclusive Living, Inc
List Price
$85,000
Sold Price
$85,000
Total Days on Market
283
Current Estimated Value
$291,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,629
Avg. Annual Appreciation
11.62%
Original Mortgage
$80,750
Outstanding Balance
$63,833
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$219,355

Purchase Details

Closed on
Jul 6, 2004
Sold by
Oberg James B and Oberg Mari Ann
Bought by
Lugo Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Casasola Areli $85,000 Fidelity National Title
Lugo Richard A $205,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casasola Areli $80,750
Previous Owner Lugo Richard A $180,000
Previous Owner Oberg James B $160,000
Previous Owner Oberg James B $111,242
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $85,000 0.0% $56 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $85,000 0.0% $56 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/12/2013 12/12/13 Price Changed $85,000 -4.5% $56 / Sq Ft
11/18/2013 11/18/13 Price Changed $89,000 -10.1% $59 / Sq Ft
11/05/2013 11/05/13 Price Changed $99,000 -9.2% $65 / Sq Ft
10/06/2013 10/06/13 Price Changed $109,000 -8.4% $72 / Sq Ft
09/30/2013 09/30/13 Price Changed $119,000 -7.8% $78 / Sq Ft
09/27/2013 09/27/13 Price Changed $129,000 -7.2% $85 / Sq Ft
09/26/2013 09/26/13 For Sale $139,000 +63.5% $91 / Sq Ft
08/30/2013 08/30/13 Off Market $85,000 -- --
08/23/2013 08/23/13 For Sale $139,000 -- $91 / 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 $5,942 $77,701 $12,931 $64,770
2022 $5,623 $70,850 $11,791 $59,059
2021 $5,374 $66,240 $11,024 $55,216
2020 $5,220 $63,236 $10,524 $52,712
2019 $5,065 $60,236 $10,025 $50,211
2018 $5,017 $56,746 $9,444 $47,302
2017 $4,900 $53,645 $8,928 $44,717
2016 $4,668 $49,768 $8,283 $41,485
2015 $4,613 $45,617 $7,592 $38,025
2014 $4,613 $45,054 $7,498 $37,556
2013 $4,613 $46,243 $7,696 $38,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08429823

Midwest Real Estate Data (MRED)

APN: 06-15-431-013