A
Seller's Agent in 2015
Alan Uecke
Sterling Realty Group, Ltd.
(630) 742-1587
7 Total Sales
302 South St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $629,000 - $696,000
12
Beds
4
Baths
--
Sq Ft
4,792
Sq Ft Lot
About This Home
As of February 20154 Flat - All 3 BR units. New Hardwood floors. New appliances and mechanicals. Recently rehabbed. Close to train & bus. Great rental history. Rental rates of $1,000 per month seem to be low. Great cash flow property. Solid building. Convenient location. Sold for $446,500 in 2006. Great built in equity.
Last Agent to Sell the Property
Sterling Realty Group, Ltd. License #471005149 Listed on: 03/27/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,434
Year Built
- Built in 1905
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 75x66
Home Design
- Block Exterior
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- On-Street Parking
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Gross Income $48,000
- Net Operating Income $36,152
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2014
Closed on
Jan 30, 2015
Sold by
Avey Jason
Bought by
Rodriguez Daniel and Rodriguez Olga
Seller's Agent
Alan Uecke
Sterling Realty Group, Ltd.
Buyer's Agent
Joel Perez
Realta Real Estate
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,027
Avg. Annual Appreciation
7.78%
Purchase Details
Closed on
Sep 15, 2010
Sold by
Old Second National Bank
Bought by
Avey Jason
Purchase Details
Closed on
Apr 5, 2010
Sold by
B & M Investments Llc and Todd Brian R
Bought by
Old Second National Bank
Purchase Details
Closed on
May 1, 2007
Sold by
Todd Brian and Todd Melissa
Bought by
B & M Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2006
Sold by
Mpd Investments Inc
Bought by
Todd Brian and Todd Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 2002
Sold by
Soria Vincente
Bought by
Mpd Investment Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,035
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 23, 1999
Sold by
Acevedo Ovidio and Acevedo Nancy
Bought by
Soria Vincente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,207
Interest Rate
7.54%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 2, 1994
Sold by
Lehman James H and Lehman Peggy Anne
Bought by
Acevedo Ovidio and Acevedo Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.65%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rodriguez Daniel | $435,000 | Attorneys Title Guaranty Fun | |
| Avey Jason | $225,000 | Chicago Title Insurance Co | |
| Old Second National Bank | $238,500 | None Available | |
| B & M Investments Llc | -- | Chicago Title Insurance Co | |
| Todd Brian | $446,500 | First American Title Ins Co | |
| Mpd Investment Inc | $309,000 | First American Title Co | |
| Soria Vincente | $268,000 | -- | |
| Acevedo Ovidio | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | B & M Investments Llc | $403,750 | |
| Previous Owner | Todd Brian | $357,200 | |
| Previous Owner | Mpd Investment Inc | $254,035 | |
| Previous Owner | Soria Vincente | $266,207 | |
| Previous Owner | Acevedo Ovidio | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2015 02/06/15 | Sold | $290,000 | -11.9% | -- |
| 03/27/2014 03/27/14 | For Sale | $329,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $13,661 | $170,700 | $16,705 | $153,995 |
| 2023 | $13,146 | $154,215 | $15,092 | $139,123 |
| 2022 | $11,193 | $129,085 | $13,761 | $115,324 |
| 2021 | $10,767 | $120,686 | $12,866 | $107,820 |
| 2020 | $10,508 | $115,214 | $12,283 | $102,931 |
| 2019 | $10,250 | $109,748 | $11,700 | $98,048 |
| 2018 | $10,222 | $103,389 | $11,022 | $92,367 |
| 2017 | $10,053 | $97,740 | $10,420 | $87,320 |
| 2016 | $9,671 | $90,676 | $9,667 | $81,009 |
| 2015 | -- | $83,113 | $8,861 | $74,252 |
| 2014 | -- | $82,087 | $8,752 | $73,335 |
| 2013 | -- | $84,252 | $8,983 | $75,269 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Uecke
-
Joel Perez
Buyer's Agent in 2015
Joel Perez
RE/MAX
(847) 414-9572
4 in this area
188 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08569576
APN: 06-14-408-013
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Based on information submitted to the MLS GRID
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