NOT LISTED FOR SALE

325 N Gifford St Elgin, IL 60120

Estimated Value: $304,000 - $364,062

7 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold October 30, 2015

Last sale price $175,000

Est. 92% increase in value since last sale

Current estimated payment $2,531/month

112 Days on Market

About This Home

As of October 2015

WOW!!!! PACKAGE DEAL 2 FOR THE PRICE OF 1 325 GIFFORD ST & 407 ANN ST. TOTAL OF 4 UNITS HOUSE ON GIFFORD HAS 2 UNITS 2 BEDROOMS EACH UNIT , TENANT PAYS ALL UTILITIES. HOUSE ON ANN ST, HAS 2 UNITS 3 BEDROOM & 1 STUDIO TENANTS PAY ELECTRIC. +++ PLUS ADDITIONAL INCOME FOR THE 3 CAR GARAGE+++

Last Agent to Sell the Property

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 06/26/2015

Last Buyer's Agent

Linda Longmeyer

Berkshire Hathaway HomeServices Starck Real Estate License #471018286

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,372

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83 x 132

Parking

  • 3 Car Attached Garage
  • Off-Street Parking
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $35,160
  • Net Operating Income $30,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,372

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 2

Exterior Features

  • List Price: 179900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Off Street
  • ParkingTotal: 11
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Public

Fee Information

  • Other Expenses $: 4379

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 83 X 132
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 30781
  • GrossIncome: 35160
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7372.44
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Oct 30, 2015
Sold by
Baker Gary L and Baker Delores M
Bought by
Kodavatiganti Vinay
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Linda Longmeyer
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$336,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,516
Avg. Annual Appreciation
6.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Kodavatiganti Vinay $175,000 Attorneys Title Guaranty Fun
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $175,000 -2.7% --
10/16/2015 10/16/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $179,900 -- --
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 $8,968 $112,061 $13,956 $98,105
2023 $8,630 $101,238 $12,608 $88,630
2022 $8,004 $92,311 $11,496 $80,815
2021 $7,700 $86,304 $10,748 $75,556
2020 $7,514 $82,391 $10,261 $72,130
2019 $7,330 $78,482 $9,774 $68,708
2018 $7,310 $73,935 $9,208 $64,727
2017 $7,189 $69,895 $8,705 $61,190
2016 $6,916 $64,844 $8,076 $56,768
2015 -- $59,435 $7,402 $52,033
2014 -- $58,702 $7,311 $51,391
2013 -- $60,251 $7,504 $52,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08966601

Midwest Real Estate Data (MRED)

APN: 06-13-129-001