Seller's Agent in 2018
Karri Gibas
@ Properties
(847) 354-9162
1 in this area
56 Total Sales
322 W Highland Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $328,263 - $368,000
4
Beds
3
Baths
--
Sq Ft
0.25
Acres
Highlights
- Deck
- 4-minute walk to Elgin Station
- Porch
- American Four Square Architecture
- Balcony
- Patio
About This Home
As of May 2018Attention investors! Here is your chance to own a piece of property that will revenue $2,350 per month! Or buy the building, live in one unit and rent out the other two. This 3-flat includes (2) 1 bedroom with bath and (1) 2 bedroom with bath unit that is located just minutes from downtown Elgin's Grand Victoria Casino, Prominade, Library, Restaurants, Elgin Community College & more.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475172299 Listed on: 02/05/2018
Co-Listed By
Graham Allen
@properties Christie's International Real Estate License #475165656
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,856
Lot Details
- 0.25 Acre Lot
- Irregular Lot
Home Design
- American Four Square Architecture
- Brick Foundation
- Shake Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Balcony
- Deck
- Patio
- Porch
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 3 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2018
Closed on
May 24, 2018
Sold by
Cobra Rental Llc
Bought by
Villa Anibar
Seller's Agent
Karri Gibas
@properties Christie's International Real Estate
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$229,000
Sold Price
$207,500
Premium/Discount to List
-$21,500
-9.39%
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
$136,816
Avg. Annual Appreciation
6.87%
Original Mortgage
$203,741
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 23, 2016
Sold by
Kiraly Peter J
Bought by
Cobra Rental Llc
Purchase Details
Closed on
Jan 13, 2006
Sold by
Timke Kenneth R and Timke Joan M
Bought by
Kiraly Peter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Villa Anibar | $207,500 | Proper Title Llc | |
| Cobra Rental Llc | -- | Attorney | |
| Kiraly Peter J | $190,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Villa Anibar | $203,741 | |
| Previous Owner | Kiraly Peter J | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2018 05/24/18 | Sold | $207,500 | -9.4% | -- |
| 04/22/2018 04/22/18 | Pending | -- | -- | -- |
| 02/05/2018 02/05/18 | For Sale | $229,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $7,703 | $96,249 | $16,826 | $79,423 |
| 2023 | $7,412 | $86,954 | $15,201 | $71,753 |
| 2022 | $6,359 | $73,339 | $13,861 | $59,478 |
| 2021 | $6,117 | $68,567 | $12,959 | $55,608 |
| 2020 | $5,970 | $65,457 | $12,371 | $53,086 |
| 2019 | $5,823 | $62,352 | $11,784 | $50,568 |
| 2018 | $5,132 | $51,911 | $11,101 | $40,810 |
| 2017 | $504,744 | $49,074 | $10,494 | $38,580 |
| 2016 | $4,856 | $45,528 | $9,736 | $35,792 |
| 2015 | -- | $41,731 | $8,924 | $32,807 |
| 2014 | -- | $41,216 | $8,814 | $32,402 |
| 2013 | -- | $33,991 | $9,047 | $24,944 |
Source: Public Records
Agents Affiliated with this Home
-
Karri Gibas
-
G
Seller Co-Listing Agent in 2018
Graham Allen
@ Properties
-
Matt Lysien
Buyer's Agent in 2018
Matt Lysien
Suburban Life Realty, Ltd
(847) 309-6939
9 in this area
526 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09849043
APN: 06-14-402-002
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