Seller's Agent in 2020
Valentino Ranallo
CENTURY 21 New Heritage West
(224) 420-2588
61 Total Sales
321 Ryerson Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $344,000 - $408,000
6
Beds
5
Baths
--
Sq Ft
5,227
Sq Ft Lot
Highlights
- Property is near a park
- Heating System Uses Steam
- 1-minute walk to Ryerson Park
- 2 Car Detached Garage
- Paved or Partially Paved Lot
About This Home
As of June 2020FULLY RENTED CASH FLOWING INVESTMENT PROPERTY * DON'T MISS THIS MAJOR OPPORTUNITY * LEGAL 3 UNIT W/ MASSIVE DRIVEWAY * TENANTS ARE ON LONG TERM LEASES & PAY ALL UTILITIES EXCEPT WATER * NEW BOILER SYSTEM * NEWER FLOORING THROUGHOUT * UPDATED KITCHENS W/ NEWER APPLIANCES & WHITE CABINETS * 2 CAR DETACHED GARAGE FOR EXTRA INCOME OR STORAGE * WALKING DISTANCE TO DOWNTOWN * GREAT LOCATION & CLOSE TO ROUTE 20!
Last Agent to Sell the Property
CENTURY 21 New Heritage West Listed on: 04/03/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,458
Year Built
- Built in 1900 | Remodeled in 2018
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 58x105
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Off-Street Parking
- Parking Space is Owned
Home Design
- Flat Roof Shape
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 5 Bathrooms
Schools
- Lowrie Elementary School
- Abbott Middle School
- Larkin High School
Additional Features
- Basement Fills Entire Space Under The House
- Property is near a park
- Heating System Uses Steam
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2021
Sold by
Alia Sarfraz
Bought by
Alia Sarfraz Revocable Trust
Total Days on Market
20
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2020
Closed on
May 28, 2020
Sold by
Jessen Mikyle
Bought by
Sarfraz Alia
Seller's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
Buyer's Agent
Michael Scanlon
eXp Realty, LLC
List Price
$299,900
Sold Price
$289,900
Premium/Discount to List
-$10,000
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$274,550
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 2, 2018
Closed on
Nov 16, 2018
Sold by
Willa Hugo
Bought by
Jessen Mikyle
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$187,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 2017
Sold by
Deutsche Bank Trust Co
Bought by
Villa Hugo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2016
Sold by
Hernandez Miguel
Bought by
Deutsche Bank Trust Company Americas
Purchase Details
Closed on
May 27, 2003
Sold by
Leon Juan A and Leon Clemente
Bought by
Hernandez Miguel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alia Sarfraz Revocable Trust | -- | None Listed On Document | |
| Sarfraz Alia | $289,000 | Fidelity National Title | |
| Jessen Mikyle | $250,000 | Chicago Title Ins Co | |
| Villa Hugo | $128,000 | None Available | |
| Deutsche Bank Trust Company Americas | -- | Premier Title | |
| Hernandez Miguel | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sarfraz Alia | $274,550 | |
| Previous Owner | Jessen Mikyle | $187,500 | |
| Previous Owner | Villa Hugo | $96,000 | |
| Previous Owner | Hernandez Miguel | $203,400 | |
| Previous Owner | Hernandez Miguel | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2020 06/01/20 | Sold | $289,900 | 0.0% | -- |
| 04/23/2020 04/23/20 | Pending | -- | -- | -- |
| 04/15/2020 04/15/20 | Price Changed | $289,900 | -3.3% | -- |
| 04/03/2020 04/03/20 | For Sale | $299,900 | +20.0% | -- |
| 11/16/2018 11/16/18 | Sold | $250,000 | -16.4% | -- |
| 10/16/2018 10/16/18 | Pending | -- | -- | -- |
| 10/02/2018 10/02/18 | For Sale | $299,000 | -- | -- |
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 | $8,164 | $95,765 | $13,133 | $82,632 |
| 2022 | $6,978 | $80,471 | $11,975 | $68,496 |
| 2021 | $6,712 | $75,235 | $11,196 | $64,039 |
| 2020 | $6,003 | $71,823 | $10,688 | $61,135 |
| 2019 | $5,829 | $68,416 | $10,181 | $58,235 |
| 2018 | $5,458 | $55,210 | $9,591 | $45,619 |
| 2017 | $5,368 | $52,193 | $9,067 | $43,126 |
| 2016 | $5,164 | $48,421 | $8,412 | $40,009 |
| 2015 | -- | $44,382 | $7,710 | $36,672 |
| 2014 | -- | $43,834 | $7,615 | $36,219 |
| 2013 | -- | $44,990 | $7,816 | $37,174 |
Source: Public Records
Agents Affiliated with this Home
-
Valentino Ranallo
-
Michael Scanlon
Buyer's Agent in 2020
Michael Scanlon
eXp Realty, LLC
(773) 630-9205
1 in this area
596 Total Sales
-
Matt Lysien
Seller's Agent in 2018
Matt Lysien
Suburban Life Realty, Ltd
(847) 309-6939
5 in this area
524 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10682867
APN: 06-24-102-004
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