NOT LISTED FOR SALE

2801 Weld Rd Elgin, IL 60124

Estimated Value: $413,000 - $428,394

4 Beds
3 Baths
2,162 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $176,904 $82 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,805/month

62 Days on Market

Highlights

  • Attached Garage
  • Country Trails Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of May 2014

REO - BANK OWNED.PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. "SELLER WILL NOT ACTIVATE ANY UTILTIES" Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH & CONVENTIONAL OFFERS

Last Agent to Sell the Property

Cheryl Rabin

Realhome Services & Solutions, Inc. License #471002039 Listed on: 01/22/2014

Last Buyer's Agent

Howard Fearon

HomeSmart Realty Group License #471005847

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,814

Year Built

  • 1997

Lot Details

  • 0.45

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,814

Year Built

1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1997
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 12X14, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X14, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X14, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 2162
  • Family Room: Dimensions: 12X14, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Acreage: 0.4541

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 301
  • Junior High Dist: 301

Lot Info

  • Lot Dimensions: 19782
  • Parcel Identification Number: 0617179023

Tax Info

  • Taxes: 7358.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Apr 7, 2014
Sold by
U S Bank National Association
Bought by
Rodriguez Maria
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
Howard Fearon
HomeSmart Realty Group
List Price
$198,000
Sold Price
$176,904
Premium/Discount to List
-$21,096
-10.65%
Current Estimated Value
$410,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,553
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Hanson Paul and Case #11 Ch 03737
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 13, 2009
Sold by
Hanson Paul and Hanson Heather
Bought by
People Of The State Of Illinois

Purchase Details

Closed on
Nov 7, 2005
Sold by
American Enterprise Bank
Bought by
Hanson Paul and Hanson Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
6.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 12, 2005
Sold by
Jensen Brian J and Bank Of America Na
Bought by
American Enterprises Bank & Trust #4002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
6.13%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rodriguez Maria $169,000 None Available
U S Bank National Association -- None Available
People Of The State Of Illinois $2,800 None Available
Hanson Paul $290,000 Lawyers Title Insurance Corp
American Enterprises Bank & Trust #4002 $225,000 Title World Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Paul $30,000
Previous Owner Hanson Paul $57,800
Previous Owner Hanson Paul $231,200
Previous Owner Jensen Heather M $78,900
Previous Owner Jensen Brian J $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $176,904 +32.0% $82 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/25/2014 03/25/14 Price Changed $134,000 -24.3% $62 / Sq Ft
03/18/2014 03/18/14 Off Market $176,904 -- --
02/23/2014 02/23/14 Price Changed $198,000 +11.9% $92 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
01/22/2014 01/22/14 Off Market $176,904 -- --
01/22/2014 01/22/14 For Sale $198,000 -- $92 / 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
2024 $6,814 $121,521 $22,913 $98,608
2023 $7,278 $109,785 $20,700 $89,085
2022 $7,947 $100,105 $18,875 $81,230
2021 $8,713 $93,591 $17,647 $75,944
2020 $8,456 $89,347 $16,847 $72,500
2019 $8,195 $85,109 $16,048 $69,061
2018 $7,769 $80,178 $15,118 $65,060
2017 $8,204 $82,631 $14,292 $68,339
2016 $8,169 $76,659 $13,259 $63,400
2015 -- $72,118 $14,006 $58,112
2014 -- $64,943 $14,262 $50,681
2013 -- $66,656 $14,638 $52,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08521451

Midwest Real Estate Data (MRED)

APN: 06-17-179-023