NOT LISTED FOR SALE

265 Percy St Elgin, IL 60120

Estimated Value: $356,000 - $452,832

8 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold July 09, 2019

Last sale price $328,000

Est. 28% increase in value since last sale

Current estimated payment $2,979/month

4 Days on Market

About This Home

As of July 2019

Property Id: 1204303

Charming historic 3 bed 1 Bath with hardwood floors and wood trim throughout.

Tenant pays for gas and electric

Last Agent to Sell the Property

Sharon Gidley

RE/MAX Suburban License #471020652 Listed on: 05/31/2019

RE/MAX Suburban

Last Buyer's Agent

Elizabeth Goodchild

Realty of America License #471009852

Realty of America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 88 x 50 x 103 x53
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Assigned Parking

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Four Flat

Building Details

  • Electric Expense $318
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,696

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 349500
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800
  • Other Expenses $: 1720

Schools

  • Elementary School: CHANNING MEMORIAL ELEMENTARY SCH
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: ELLIS MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 88 X 50 X 103 X53
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • TenantPays: Electric,Gas,Heat

Multi Family

  • ElectricExpense: 318
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5696.28
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Molla Arif K
Bought by
Milestone Real Estate Llc
Current Estimated Value
$418,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2021
Sold by
Hourigan Robert J
Bought by
Molla Arif and Molla Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,875
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 9, 2019
Sold by
Conforti Robert W
Bought by
Hourigan Robert J
Seller's Agent
Sharon Gidley
RE/MAX Suburban
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$349,500
Sold Price
$328,000
Premium/Discount to List
-$21,500
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$311,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Merritt Christine Y
Bought by
Conforti Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2003
Sold by
Daravong Bounchanh and Daravong Thip
Bought by
Merritt Christine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1994
Sold by
Ward Kathryn and Nichols Timothy J
Bought by
Daravong Bounchanh and Daravong Thip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,064
Interest Rate
8.73%
Mortgage Type
FHA
Source: Public Records

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
Milestone Real Estate Llc -- None Available
Milestone Real Estate Llc -- None Available
Molla Arif $334,500 Chicago Title
Hourigan Robert J $328,000 Heritage Title Company
Conforti Robert $350,000 Atg
Merritt Christine Y $260,000 --
Daravong Bounchanh $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milestone Real Estate Llc $50,000
Previous Owner Molla Arif $250,875
Previous Owner Hourigan Robert J $311,600
Previous Owner Conforti Robert $280,000
Previous Owner Conforti Robert W $35,000
Previous Owner Merritt Christine Y $234,000
Previous Owner Daravong Bounchanh $171,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
02/05/2025 02/05/25 For Rent -- -- --
02/03/2025 02/03/25 Off Market -- -- --
01/21/2025 01/21/25 For Rent -- -- --
09/04/2024 09/04/24 For Rent $1,750 0.0% --
07/09/2019 07/09/19 Sold $328,000 -6.2% --
06/04/2019 06/04/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $349,500 -- --
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
2024 $8,365 $104,524 $15,352 $89,172
2023 $8,050 $94,429 $13,869 $80,560
2022 $6,887 $79,425 $12,646 $66,779
2021 $6,625 $74,257 $11,823 $62,434
2020 $6,465 $70,890 $11,287 $59,603
2019 $5,747 $67,528 $10,752 $56,776
2018 $5,696 $63,616 $10,129 $53,487
2017 $5,569 $60,140 $9,576 $50,564
2016 $5,311 $55,794 $8,884 $46,910
2015 -- $51,140 $8,143 $42,997
2014 -- $50,508 $8,042 $42,466
2013 -- $51,840 $8,254 $43,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10398517

Midwest Real Estate Data (MRED)

APN: 06-13-454-005