NOT LISTED FOR SALE

305 Elgin Ave East Dundee, IL 60118

Estimated Value: $264,000 - $309,000

4 Beds
2 Baths
1,576 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $230,000 $146 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,045/month

2 Days on Market

Highlights

  • Main Floor Bedroom
  • Enclosed Patio or Porch
  • Walk-In Closet
  • Formal Dining Room
  • Built-In Features
  • Bathroom on Main Level

About This Home

As of May 2024

Introducing an exceptional investment opportunity. This property, in need of some work, offering an opportunity for investors looking to make their mark in the real estate market. Located in historic East Dundee, this property offers endless potential. Whether a seasoned investor or a first-time buyer with a passion for renovation, this property is an ideal project to showcase your skills. Featuring 4 bedrooms and 2 bathrooms, this property provides a spacious layout. There is a main floor bedroom and main floor bath. Conveniently situated near schools, parks, shopping, and restaurants! Don't miss out on this extraordinary opportunity to turn this into a lucrative investment or a home for you! Home offered AS-IS to cash or conventional buyers.

Last Agent to Sell the Property

Kathryn Festen

Compass License #475180889 Listed on: 04/12/2024

Compass

Last Buyer's Agent

Jesse Berreles

AmeriHome Realty LLC License #471008821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1906

Lot Details

  • 8,276

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,576 Sq Ft Home
  • 1.5-Story Property
  • Built-In Features
  • Bookcases
  • Formal Dining Room
  • Tandem Room
  • Range
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Schools

  • Parkview Elementary School
  • Carpentersville Middle School
  • Dundee-Crown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • 8,276 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,305

Year Built

Built in 1906

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Separate Dining Room
  • LivingArea: 1576
  • Room Type: Tandem Room, Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Parkview Elementary School
  • High School: Dundee-Crown High School
  • Middle/Junior School: Carpentersville Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 8276
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5305
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 17, 2024
Sold by
Thomas Warlick Enterprises Llc
Bought by
Vigil Rafael Argueta and Chicas Flora Membreno
Seller's Agent
Kathryn Festen
Compass
Buyer's Agent
Jesse Berreles
AmeriHome Realty LLC
List Price
$190,000
Sold Price
$230,000
Premium/Discount to List
$40,000
21.05%
Views
282
Current Estimated Value
$284,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,028
Avg. Annual Appreciation
12.15%
Original Mortgage
$207,000
Outstanding Balance
$204,938
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$79,090

Purchase Details

Closed on
Sep 29, 2015
Sold by
Thomas Colleen G
Bought by
Thomas Warlick Enterprises Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Sanchez Diane and Petersen Diane M
Bought by
Thomas Colleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Sanchez Hank and Sanchez Henry
Bought by
Sanchez Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records
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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
Vigil Rafael Argueta $230,000 None Listed On Document
Thomas Warlick Enterprises Llc -- None Available
Thomas Colleen G $190,000 Chicago Title Insurance Co
Sanchez Diane -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigil Rafael Argueta $207,000
Previous Owner Thomas Colleen G $152,000
Previous Owner Sanchez Diane $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $230,000 +21.1% $146 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $190,000 -- $121 / Sq Ft
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 $6,339 $80,557 $16,773 $63,784
2023 $6,024 $72,483 $15,092 $57,391
2022 $5,305 $61,864 $15,092 $46,772
2021 $5,116 $58,412 $14,250 $44,162
2020 $5,007 $57,099 $13,930 $43,169
2019 $4,907 $54,205 $13,224 $40,981
2018 $4,768 $51,074 $12,962 $38,112
2017 $4,548 $47,777 $12,125 $35,652
2016 $4,801 $47,518 $15,195 $32,323
2015 -- $44,526 $14,238 $30,288
2014 -- $43,297 $13,845 $29,452
2013 -- $44,622 $14,269 $30,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12027870

Midwest Real Estate Data (MRED)

APN: 03-26-126-008

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