NOT LISTED FOR SALE

318 Hancock Ave South Elgin, IL 60177

Estimated Value: $425,000 - $441,000

4 Beds
4 Baths
2,100 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $295,000 $140 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,022/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • South Elgin High School Rated A-
  • Recreation Room
  • 4-minute walk to Jim Hansen Park

About This Home

As of August 2020

Fabulous South Elgin Cape Cod with partially finished basement and Oversized 25x25 garage, has been meticulously maintained by its ORIGINAL OWNERS. Spacious entryway with 3/4 inch hardwood on the main level. Recent kitchen remodel includes granite counters,42 inch cabinets, built in pantry, brand new oven and refrigerator which were replaced last week! Open floor plan is perfect for entertaining. The master bedroom, with its cozy nook, would be a perfect sitting area. Fenced backyard with dual decks and large 12x12 shed. Partially finished basement with bonus refrigerator, full bath, and huge unfinished area can be used for storage or workshop. Additional updates include: Windows 2019, Roof, water heater, furnace, driveway,walkway, fresh paint. So much to love about this move-in ready home located walking distance to Jim Hansen Park. Schedule your showing today!

Last Agent to Sell the Property

Kendra Perham

Suburban Life Realty, Ltd. License #475145705 Listed on: 06/27/2020

Last Buyer's Agent

Jovita Acevedo

Acevedo Realty Group License #471003923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,674

Year Built

  • 1988

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • Entrance Foyer
  • Recreation Room
  • Storage Room
  • Laundry on main level
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Soaking Tub

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,674

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 31-40 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Cape Cod
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Humidifier, CO Detectors, Ceiling Fan, Sump Pump
  • Attic: Dormer, Pull Down Stair
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X8, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 11X17, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Recreation Room, Storage
  • Master Bedroom: Dimensions: 13X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 5X11, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Recreation Rm, Dimensions: 22X21, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 9X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Storage, Dimensions: 19X22, On Level: Basement, Flooring: Other, Windows: None
  • Bedroom 3: Dimensions: 12X15, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2100
  • Dining Room Type: Separate
  • Family Room: Dimensions: 12X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.2314

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 46
  • Elementary School: Clinton Elementary School
  • Middle School: Kenyon Woods Middle School
  • High School: South Elgin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 129X77X129X77
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0634475004

Tax Info

  • Taxes: 6094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 7, 2020
Sold by
Selpien Rickey L and Selpien Kathryn B
Bought by
Herandez Rico Raul
Seller's Agent
Kendra Perham
Suburban Life Realty, Ltd.
Buyer's Agent
Jovita Acevedo
Acevedo Realty Group
List Price
$287,900
Sold Price
$295,000
Premium/Discount to List
$7,100
2.47%
Current Estimated Value
$431,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,559
Avg. Annual Appreciation
7.92%
Original Mortgage
$280,250
Outstanding Balance
$249,267
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$185,486
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Herandez Rico Raul $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herandez Rico Raul $280,250
Previous Owner Selpien Rickey L $158,000
Previous Owner Selpien Rickey L $169,510
Previous Owner Selpien Rickey L $13,695
Previous Owner Selpien Rickey L $189,000
Previous Owner Selpien Rickey L $54,000
Previous Owner Selpien Rickey L $126,000
Previous Owner Selpien Rickey L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $295,000 +2.5% $140 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $287,900 -- $137 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $8,674 $117,920 $24,425 $93,495
2023 $8,267 $106,532 $22,066 $84,466
2022 $7,843 $97,138 $20,120 $77,018
2021 $7,387 $90,817 $18,811 $72,006
2020 $6,430 $83,426 $17,958 $65,468
2019 $6,170 $79,468 $17,106 $62,362
2018 $6,019 $74,864 $16,115 $58,749
2017 $5,691 $70,773 $15,234 $55,539
2016 $5,380 $65,658 $14,133 $51,525
2015 -- $60,181 $12,954 $47,227
2014 -- $59,438 $12,794 $46,644
2013 -- $61,005 $13,131 $47,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10762155

Midwest Real Estate Data (MRED)

APN: 06-34-475-004