NOT LISTED FOR SALE

323 S Commonwealth Ave Elgin, IL 60123

Sunset Park Neighborhood

Estimated Value: $339,000 - $471,000

4 Beds
3 Baths
2,145 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $298,500 $139 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,631/month

2 Days on Market

Highlights

  • Sun or Florida Room
  • Enclosed patio or porch
  • Geothermal Heating and Cooling
  • 3 Car Detached Garage
  • Forced Air Zoned Heating and Cooling System

About This Home

As of June 2021

Move in ready single family home with plenty of natural light and an abundant amount of living space! New Windows and New Siding in 2015, 50 yr Warranty for roof that was replaced in 2015, 200 Amp Elect Svc, New Plumbing, HVAC & Fresh Air Recovery Ventilator, Geothermal Forced Air Heating/Cooling, Separately Zoned Radiant Floors & Ceilings. 5 Car garage and a 2 story workshop attached to the garage.

Last Agent to Sell the Property

Dave Johnson

City and Field Real Estate License #471020866 Listed on: 05/13/2021

Last Buyer's Agent

Ryan McKane

Redfin Corporation License #475160573

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,298

Year Built

  • Built in 1863

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Radiant Heating System
  • Individual Controls for Heating
  • 200+ Amp Service
  • 100 Amp Service

Additional Features

  • Irrigation System Uses Rainwater From Ponds
  • Enclosed patio or porch

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,298

Year Built

Built in 1863

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1863
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2145
  • Room Type: Enclosed Porch, Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2145
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 298500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service, 100 Amp Service
  • Heating: Forced Air, Radiant, Indv Controls, Zoned, Geothermal
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Green Features

  • GreenEnergyEfficient: Geothermal Heating/Cooling System, Rainwater collection system

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6297.84
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 25, 2021
Sold by
Bailey Timothy and Bailey Laurie
Bought by
Sheikh Asad and Cruz Ramirez Monica
Seller's Agent
Dave Johnson
City and Field Real Estate
Buyer's Agent
Ryan McKane
Redfin Corporation
Sold Price
$298,500
Total Days on Market
2
Current Estimated Value
$379,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,265
Avg. Annual Appreciation
5.26%
Original Mortgage
$285,154
Outstanding Balance
$261,521
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$103,779

Purchase Details

Listed on
May 8, 2015
Closed on
Jan 15, 2016
Sold by
Alur Limited Partnership
Bought by
Bailey Timothy W and Bailey Laurie
Seller's Agent
Angela Lebron-Cola
Baird & Warner Real Estate - Algonquin
Buyer's Agent
Marco Amidei
RE/MAX Suburban
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$184,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Dypold Dirk
Bought by
Alur Lp

Purchase Details

Closed on
Mar 29, 2000
Sold by
Bero John W
Bought by
Dypold Dirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.31%
Source: Public Records

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Range of Values:

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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
Sheikh Asad $295,000 None Available
Bailey Timothy W $230,000 Attorneys Title Guaranty Fun
Alur Lp -- --
Dypold Dirk $130,000 --
Dypold Dirk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheikh Asad Rab $50,000
Open Sheikh Asad $285,154
Previous Owner Bailey Timothy W $184,000
Previous Owner Dypold Dirk $90,500
Previous Owner Dypold Dirk $22,000
Previous Owner Dypold Dirk $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $298,500 0.0% $139 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale -- -- --
05/12/2021 05/12/21 For Sale $298,500 +29.8% $139 / Sq Ft
01/15/2016 01/15/16 Sold $230,000 +2.2% $104 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $225,000 -- $101 / 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
2023 $7,393 $94,722 $15,809 $78,913
2022 $6,969 $86,370 $14,415 $71,955
2021 $6,669 $80,750 $13,477 $67,273
2020 $6,483 $77,088 $12,866 $64,222
2019 $6,298 $73,431 $12,256 $61,175
2018 $6,246 $69,177 $11,546 $57,631
2017 $6,109 $65,397 $10,915 $54,482
2016 $5,831 $60,671 $10,126 $50,545
2015 -- $55,610 $9,281 $46,329
2014 -- $54,923 $9,166 $45,757
2013 -- $56,372 $9,408 $46,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11072353

Midwest Real Estate Data (MRED)

APN: 06-23-104-005