NOT LISTED FOR SALE

320 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $368,000 - $388,000

4 Beds
2.5 Baths
1,923 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $310,000 $161 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,647/month

47 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Tudor Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of October 2022

One 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

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Christine Currey

RE/MAX All Pro - St Charles License #475168644

RE/MAX All Pro - St Charles

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,996

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: clientcare@starckre.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Disposal, Stainless Steel Appliance(s), Front Controls on Range/Cooktop, Gas Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Wood Burning, Attached Fireplace Doors/Screen, Gas Log, Heatilator, Masonry, More than one
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Wet, Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1923
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom,Basement
  • Total Sq Ft: 0
  • Attic: Finished,Full,Interior Stair
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6996.22
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

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%
Views
93
Current Estimated Value
$376,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,875
Avg. Annual Appreciation
6.27%
Original Mortgage
$279,000
Outstanding Balance
$268,179
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$108,696

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%
Source: Public Records
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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
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 $148,100
Previous Owner Warren Michael G $97,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $8,132 $109,610 $23,827 $85,783
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11462121

Midwest Real Estate Data (MRED)

APN: 06-14-107-013