325 N Commonwealth Ave Elgin, IL 60123
Grant Park Neighborhood
3
Beds
1.5
Baths
1,769
Sq Ft
6,970
Sq Ft Lot
Highlights
- Den
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of November 2024Investor Special! You don't want to miss this opportunity to own a home in this beautiful neighborhood! Fix it up for some sweat equity or it could be a great rental property. Home has 3 spacious bedrooms plus an office and 1.1 baths. Also featured is a large family room with a gas log fireplace and a large fenced in back yard. Close to wing park and lots of shopping amenities. So much potential here. All personal items will be removed before closing.
Last Buyer's Agent
Berkshire Hathaway HomeServices Starck Real Estate License #475186087
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,519
Year Built
- Built in 1938
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,769 Sq Ft Home
- 2-Story Property
- Den
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
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
Sep 25, 2024
Closed on
Nov 26, 2024
Sold by
170 S Porter Llc
Bought by
Scianna Vince
Seller's Agent
Juan Ignacio Bustelo
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Gina Lepore
Coldwell Banker Realty
List Price
$297,500
Sold Price
$297,500
Total Days on Market
0
Views
113
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
$7,631
Avg. Annual Appreciation
1.50%
Original Mortgage
$246,705
Outstanding Balance
$245,566
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$54,969
Purchase Details
Listed on
Jul 25, 2024
Closed on
Aug 9, 2024
Sold by
Kerber Child Trust and Kerber Michael R
Bought by
170 S Porter Llc
Seller's Agent
Amy Foote
Compass
Buyer's Agent
Juan Ignacio Bustelo
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$215,000
Sold Price
$205,617
Premium/Discount to List
-$9,383
-4.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
274.07%
Original Mortgage
$185,000
Interest Rate
6.77%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 31, 2009
Sold by
Us Bank National Association
Bought by
Kerber Michael R and Kerber Child Trust
Purchase Details
Closed on
Aug 8, 2008
Sold by
Gonzalez Jose L
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006
Purchase Details
Closed on
Oct 28, 1999
Sold by
Bates Timothy J and Bates Carol J
Bought by
Gonzalez Jose and Gonzalez Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
10%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $297,500 | Fidelity National Title | |
| Deed | $206,000 | None Listed On Document | |
| Special Warranty Deed | $67,000 | Ticor Title Insurance Co | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $135,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $246,705 | FHA | |
| Previous Owner | $185,000 | Construction | |
| Previous Owner | $11,500 | Credit Line Revolving | |
| Previous Owner | $195,500 | Balloon | |
| Previous Owner | $10,750 | Credit Line Revolving | |
| Previous Owner | $157,500 | Unknown | |
| Previous Owner | $8,600 | Credit Line Revolving | |
| Previous Owner | $125,000 | Unknown | |
| Previous Owner | $108,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $297,500 | 0.0% | $168 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $297,500 | 0.0% | $168 / Sq Ft |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | Price Changed | $297,500 | 0.0% | $168 / Sq Ft |
| 09/25/2024 09/25/24 | For Sale | $297,500 | +44.7% | $168 / Sq Ft |
| 08/16/2024 08/16/24 | Sold | $205,617 | -4.4% | $116 / Sq Ft |
| 08/02/2024 08/02/24 | For Sale | $215,000 | -- | $122 / 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 | $7,028 | $82,450 | $18,619 | $63,831 |
| 2022 | $6,519 | $75,180 | $16,977 | $58,203 |
| 2021 | $6,271 | $70,288 | $15,872 | $54,416 |
| 2020 | $6,120 | $67,100 | $15,152 | $51,948 |
| 2019 | $5,970 | $63,917 | $14,433 | $49,484 |
| 2018 | $5,953 | $60,214 | $13,597 | $46,617 |
| 2017 | $5,855 | $56,924 | $12,854 | $44,070 |
| 2016 | $5,632 | $52,810 | $11,925 | $40,885 |
| 2015 | -- | $48,405 | $10,930 | $37,475 |
| 2014 | -- | $47,807 | $10,795 | $37,012 |
| 2013 | -- | $49,068 | $11,080 | $37,988 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Juan Ignacio Bustelo
Berkshire Hathaway HomeServices Starck Real Estate
-
A
Seller's Agent in 2024
Amy Foote
Compass
-
L
Seller Co-Listing Agent in 2024
Lisa Bucaro
Compass
-
G
Buyer's Agent in 2024
Gina Lepore
Coldwell Banker Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12125875
APN: 06-14-108-004
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