316 Oak St Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $218,000 - $255,000
2
Beds
1
Bath
832
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Full Attic
- Patio
- Laundry Room
- 2 Car Detached Garage
- Living Room
- 4-minute walk to Ryerson Park
About This Home
As of March 2022Quant 2 bedroom, 1 bath ranch home situated on a large lot near route 31 and 20 in Elgin has tons to offer. Hardwood floors, spacious bedrooms, new roof and siding in 2017. Detached 1.5 car garage. Deep backyard with a large concrete patio that's great for entertaining. All this home needs is some little fixes and updates and you can call it home.
Last Agent to Sell the Property
Baird & Warner Fox Valley - Geneva License #475165905 Listed on: 01/27/2022
Last Buyer's Agent
Cynthia Velez
Caporale Realty Group License #475184457
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,486
Year Built
- Built in 1953
Lot Details
- 8,668 Sq Ft Lot
- Lot Dimensions are 50 x 172
Parking
- 2 Car Detached Garage
- Driveway
- Parking Included in Price
Home Design
- Block Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 832 Sq Ft Home
- 1-Story Property
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Full Attic
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2022
Closed on
Mar 10, 2022
Sold by
Bach Jan B
Bought by
Rodriguez Manuel
Seller's Agent
Frank Gaines
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Cynthia Velez
Caporale Realty Group
List Price
$175,000
Sold Price
$182,000
Premium/Discount to List
$7,000
4%
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
$53,229
Avg. Annual Appreciation
7.68%
Original Mortgage
$178,703
Outstanding Balance
$168,925
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$62,199
Purchase Details
Closed on
Sep 17, 2002
Sold by
Kadegis Roland and Kadegis Joy A
Bought by
Bach Jan B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 1997
Sold by
Hud
Bought by
Kadegis Roland E and Drobina Joy A
Purchase Details
Closed on
May 2, 1997
Sold by
Ramsey Kenneth
Bought by
Hud
Purchase Details
Closed on
Dec 20, 1995
Sold by
Burnidge Scott D and Burnidge Tanya M
Bought by
Miller Kenneth M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,205
Interest Rate
7.42%
Mortgage Type
FHA
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Rodriguez Manuel | $182,000 | Polach Raymond F | |
| Bach Jan B | $135,000 | -- | |
| Kadegis Roland E | -- | Stewart Title Company | |
| Hud | -- | -- | |
| Miller Kenneth M | $106,000 | Advanced Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Manuel | $21,500 | |
| Open | Rodriguez Manuel | $178,703 | |
| Previous Owner | Bach Jan B | $128,785 | |
| Previous Owner | Bach Jan B | $133,000 | |
| Previous Owner | Bach Jan B | $108,000 | |
| Previous Owner | Kadegis Roland E | $120,000 | |
| Previous Owner | Miller Kenneth M | $100,205 | |
| Closed | Bach Jan B | $13,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2022 03/10/22 | Sold | $182,000 | +4.0% | $219 / Sq Ft |
| 02/16/2022 02/16/22 | For Sale | $175,000 | -- | $210 / Sq Ft |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- |
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 | $3,950 | $54,342 | $13,860 | $40,482 |
| 2022 | $3,343 | $49,551 | $12,638 | $36,913 |
| 2021 | $3,152 | $46,327 | $11,816 | $34,511 |
| 2020 | $3,486 | $44,226 | $11,280 | $32,946 |
| 2019 | $3,374 | $42,128 | $10,745 | $31,383 |
| 2018 | $3,210 | $38,472 | $10,122 | $28,350 |
| 2017 | $3,124 | $36,370 | $9,569 | $26,801 |
| 2016 | $2,959 | $33,741 | $8,877 | $24,864 |
| 2015 | -- | $30,927 | $8,137 | $22,790 |
| 2014 | -- | $30,546 | $8,037 | $22,509 |
| 2013 | -- | $31,352 | $8,249 | $23,103 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Gaines
Seller's Agent in 2022
Frank Gaines
Baird Warner
(847) 306-7950
2 in this area
187 Total Sales
-
Buyer's Agent in 2022
Cynthia Velez
Caporale Realty Group
(773) 627-6040
1 in this area
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11313643
APN: 06-23-233-019
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