320 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $338,000 - $362,417
4
Beds
2.5
Baths
1,923
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Wood Flooring
- Tudor Architecture
- Vaulted Ceiling
- Main Floor Bedroom
- Formal Dining Room
About This Home
As of October 2022One of kind ALL STONE exterior in the desirable Wing Park Neighborhood! Dynamic newly remodeled expansive kitchen you will be proud to entertain in! All stainless steel appliances with HUGE quartz top island, and adjacent separate dining area. Massive master bedroom with gas fireplace and walk-in closet that contains built ins. Finished basement with a bar built from the same stone as the exterior, gas fireplace and full bath. Large living room with original wood burning fireplace and separated foyer. Walking distance to Wing Park, and all that downtown Elgin has to offer!
Last Agent to Sell the Property
Carna Combest
Berkshire Hathaway HomeServices Starck Real Estate License #475157974 Listed on: 07/22/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,996
Year Built
- Built in 1940
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 1 Car Detached Garage
- Driveway
- Parking Space is Owned
Home Design
- Tudor Architecture
- Asphalt Roof
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,923 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Vaulted Ceiling
- Skylights
- Double Sided Fireplace
- Wood Burning Fireplace
- Heatilator
- Attached Fireplace Door
- Gas Log Fireplace
- Fireplace Features Masonry
- Living Room with Fireplace
- 3 Fireplaces
- Formal Dining Room
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Finished Basement Bathroom
Outdoor Features
- Patio
Schools
- Kimball Middle School
- Larkin High School
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
Jul 22, 2022
Closed on
Oct 7, 2022
Sold by
Olson Eric
Bought by
Alrasheedy Ahmed
Seller's Agent
Carna Combest
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Christine Currey
RE/MAX All Pro - St Charles
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Total Days on Market
47
Views
93
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
$42,854
Avg. Annual Appreciation
5.09%
Original Mortgage
$279,000
Outstanding Balance
$269,840
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$83,014
Purchase Details
Closed on
May 1, 1998
Sold by
Warren Michael G and Warren Laurel L
Bought by
Olson Eric and Olson Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,100
Interest Rate
7.2%
Purchase Details
Closed on
Feb 18, 1998
Sold by
Foster Robert G and Foster Robert G
Bought by
The Elgin State Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.99%
Purchase Details
Closed on
Feb 2, 1998
Sold by
Elgin State Bank
Bought by
Warren Michael G and Warren Laurel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
6.99%
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 |
|---|---|---|---|
| Alrasheedy Ahmed | $310,000 | Starck Title Services | |
| Olson Eric | $156,000 | -- | |
| The Elgin State Bank | -- | -- | |
| Warren Michael G | $123,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alrasheedy Ahmed | $279,000 | |
| Previous Owner | Olson Eric | $161,500 | |
| Previous Owner | Olson Eric | $168,000 | |
| Previous Owner | Olson Eric | $157,600 | |
| Previous Owner | Olson Eric | $154,400 | |
| Previous Owner | Olson Eric | $148,100 | |
| Previous Owner | Warren Michael G | $97,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2022 10/20/22 | Sold | $310,000 | -3.1% | $161 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | Price Changed | $319,900 | -1.5% | $166 / Sq Ft |
| 08/08/2022 08/08/22 | For Sale | $324,900 | 0.0% | $169 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $324,900 | -- | $169 / 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 |
|---|---|---|---|---|
| 2023 | $7,759 | $99,024 | $21,526 | $77,498 |
| 2022 | $7,309 | $90,293 | $19,628 | $70,665 |
| 2021 | $6,996 | $84,418 | $18,351 | $66,067 |
| 2020 | $6,803 | $80,590 | $17,519 | $63,071 |
| 2019 | $6,609 | $76,767 | $16,688 | $60,079 |
| 2018 | $6,557 | $72,319 | $15,721 | $56,598 |
| 2017 | $6,415 | $68,367 | $14,862 | $53,505 |
| 2016 | $6,125 | $63,426 | $13,788 | $49,638 |
| 2015 | -- | $58,136 | $12,638 | $45,498 |
| 2014 | -- | $57,418 | $12,482 | $44,936 |
| 2013 | -- | $58,932 | $12,811 | $46,121 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Carna Combest
Berkshire Hathaway HomeServices Starck Real Estate
(847) 417-9817
-
Christine Currey
Buyer's Agent in 2022
Christine Currey
RE/MAX
(847) 754-0468
1 in this area
623 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11462121
APN: 06-14-107-013
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