308 Walnut Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $292,032 - $319,000
5
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- Paved or Partially Paved Lot
- Home Security System
- Ceiling Fan
- 4-minute walk to Ryerson Park
About This Home
As of May 2024Multiple Offers received, Highest & Best due Monday 4/22 @ 9am. Nicely maintained 2-flat with 9-ft. ceilings. Main floor unit has 3 bedrooms (1 being used as den) with hardwood flooring in Living Room, and 2 of 3 bedrooms on the main floor. Main floor also has a gas/woodburning stove with a mantle. 2nd floor unit, Living Room and both bedrooms have hardwood. Kitchen has beautiful built-ins instead of cabinetry. Both units have a Refrigerator and stove, common washer and dryer for use in basement. All rooms except baths have ceiling fans. 2 window A/C units will be included. 2 separate entries front and back. The home has 2 electrical panels, but gas and water are one and then just split between units. Full, unfinished basement with laundry area and lots of storage. 2-car garage (spaces separated). Newer Furnace, gas forced air. Home is hard-wired with an alarm system and is in good condition but being sold "As Is" by a Trust.
Last Agent to Sell the Property
HomeSmart Connect LLC License #475173590 Listed on: 04/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,104
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- 4 Open Parking Spaces
- Garage Transmitter
- Garage Door Opener
- Driveway
- Off-Street Parking
- Parking Space is Owned
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Home Security
- Home Security System
- Carbon Monoxide Detectors
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
May 21, 2024
Sold by
Donald C Jensen And Hattie M Jensen Trus and Larson Lisa M
Bought by
Gomez Benjamin Aguilera and Aguilera Elvia
Seller's Agent
Stella Schening
HomeSmart Connect LLC
Buyer's Agent
Elizabeth Goodchild
Realty of America
List Price
$260,000
Sold Price
$290,000
Premium/Discount to List
$30,000
11.54%
Total Days on Market
32
Views
173
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
$16,008
Avg. Annual Appreciation
5.46%
Original Mortgage
$217,500
Outstanding Balance
$215,705
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$90,303
Purchase Details
Closed on
Jan 14, 1997
Sold by
Jensen Donald C and Jensen Hattie M
Bought by
Jensen Donald C and Jensen Hattie M
Similar Homes in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomez Benjamin Aguilera | $290,000 | Fidelity National Title | |
| Jensen Donald C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gomez Benjamin Aguilera | $217,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2024 05/28/24 | Sold | $290,000 | +11.5% | -- |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $260,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,512 | $68,927 | $14,426 | $54,501 |
| 2022 | $4,104 | $58,331 | $13,154 | $45,177 |
| 2021 | $3,884 | $54,535 | $12,298 | $42,237 |
| 2020 | $3,745 | $52,062 | $11,740 | $40,322 |
| 2019 | $3,604 | $49,592 | $11,183 | $38,409 |
| 2018 | $3,531 | $46,719 | $10,535 | $36,184 |
| 2017 | $3,411 | $44,166 | $9,959 | $34,207 |
| 2016 | $3,197 | $40,974 | $9,239 | $31,735 |
| 2015 | -- | $37,556 | $8,468 | $29,088 |
| 2014 | -- | $37,092 | $8,363 | $28,729 |
| 2013 | -- | $38,071 | $8,584 | $29,487 |
Source: Public Records
Agents Affiliated with this Home
-
Stella Schening
Seller's Agent in 2024
Stella Schening
HomeSmart Connect LLC
(847) 894-2882
1 in this area
68 Total Sales
-
Elizabeth Goodchild
Buyer's Agent in 2024
Elizabeth Goodchild
Realty of America
(847) 691-2976
1 in this area
657 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12010324
APN: 06-23-227-012
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