R
Seller's Agent in 2023
Rudy Johnson
Keller Williams Inspire - Geneva
312 Fulton St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $437,000 - $708,000
10
Beds
8
Baths
4,505
Sq Ft
$122/Sq Ft
Est. Value
About This Home
As of March 2023Great 6 Unit. Well Maintained and Managed. Two Studio, Two 1 Bedroom, Two 2 Bedroom Units. Hardwood Floors. Garages. rents are below market rate and property still has positive cash flow. Part of a 27 Building Investment Portfolio. Buy 1 or Buy Multiple.
Last Agent to Sell the Property
Rudy Johnson
Keller Williams Inspire - Geneva License #475139695 Listed on: 12/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,100
Year Built
- Built in 1880
Lot Details
- Lot Dimensions are 67 x 132
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,505 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Utilities
- No Cooling
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $4,500
- Operating Expense $11,000
- Gross Income $63,660
- Net Operating Income $52,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2022
Closed on
Mar 23, 2023
Sold by
Ann L Mapes Trust and Donald L Mapes Trust
Bought by
Pfad Kristin and Wilson James
Seller's Agent
Rudy Johnson
Keller Williams Inspire - Geneva
Buyer's Agent
Dean Tubekis
Coldwell Banker Realty
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
275
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
$76,202
Avg. Annual Appreciation
6.13%
Original Mortgage
$380,000
Outstanding Balance
$210,482
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$340,720
Purchase Details
Closed on
Nov 4, 1998
Sold by
Mapes Donald L and Mapes Ann L
Bought by
Mapes Ann L and Mapes Donald L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pfad Kristin | $475,000 | None Listed On Document | |
| Mapes Ann L | -- | -- | |
| Mapes Donald L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pfad Kristin | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2023 03/24/23 | Sold | $475,000 | -5.0% | $105 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $500,000 | 0.0% | $111 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 01/13/2023 01/13/23 | Price Changed | $500,000 | -16.7% | $111 / Sq Ft |
| 12/09/2022 12/09/22 | For Sale | $600,000 | -- | $133 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $9,434 | $117,879 | $19,839 | $98,040 |
| 2023 | $9,078 | $106,495 | $17,923 | $88,572 |
| 2022 | $8,420 | $97,105 | $16,343 | $80,762 |
| 2021 | $8,100 | $90,787 | $15,280 | $75,507 |
| 2020 | $7,905 | $86,670 | $14,587 | $72,083 |
| 2019 | $7,711 | $82,559 | $13,895 | $68,664 |
| 2018 | $7,689 | $77,776 | $13,090 | $64,686 |
| 2017 | $7,960 | $77,395 | $13,026 | $64,369 |
| 2016 | $7,658 | $71,802 | $12,085 | $59,717 |
| 2015 | -- | $65,813 | $11,077 | $54,736 |
| 2014 | -- | $65,000 | $10,940 | $54,060 |
| 2013 | -- | $66,715 | $11,229 | $55,486 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sharon Mennerick
Seller Co-Listing Agent in 2023
Sharon Mennerick
HomeSmart Connect LLC
(630) 408-5844
9 in this area
101 Total Sales
-
Dean Tubekis
Buyer's Agent in 2023
Dean Tubekis
Coldwell Banker Realty
(847) 809-8070
4 in this area
635 Total Sales
-
Kristin Pfad
Buyer Co-Listing Agent in 2023
Kristin Pfad
Coldwell Banker Realty
(847) 652-0163
2 in this area
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11679329
APN: 06-13-308-010
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