NOT LISTED FOR SALE

332 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $272,000 - $330,000

3 Beds
3 Baths
555 Sq Ft
$546/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $250,000 $450 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,181/month

1 Day on Market

About This Home

As of October 2021

Beautiful Cape Cod in Wonderful west side neighborhood. Fresh paint and Complete tear off, new plywood and 30 year shingles in 2020. Upgrades in 2021 include new garage door, new floors, and complete interior painting. Gardeners paradise with a wonderful fenced in backyard. Newer windows, furnace, and air conditioner. Upgraded electrical and plumbing. Fully finished basement with fireplace and half bath. Wonderful Screened in sun room with sliding door to backyard.

Last Agent to Sell the Property

Christopher Davis

Inspire Realty Group LLC License #471020520 Listed on: 09/02/2021

Co-Listed By

Derek Warren

Inspire Realty Group License #475198507

Last Buyer's Agent

Rafael Villagomez

RE/MAX United License #471022231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,808

Year Built

  • 1940

Lot Details

  • 8,712

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Wood Siding

Interior Spaces

  • 555 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,808

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Co List Office Mls Id: MRD28339
  • Co List Office Phone: (224) 535-9010
  • Directions: Rte.31 West Highland North Commonwealth.
  • Lot Size: 66X132X66X132
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 555
  • Assessed Sq Ft: 1152
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Basement Sq Ft: 555
  • Total Sq Ft: 555
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 555
  • Dining Room Type: Sun Room

Exterior Features

  • Exterior Building Type: Wood Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 5650.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 12, 2021
Sold by
Warren Michael G and Warren Laurel A
Bought by
Gonzalez Yamirelis Alvarado and Gomez Moises
Seller's Agent
Christopher Davis
Inspire Realty Group LLC
Buyer's Agent
Rafael Villagomez
RE/MAX United
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Total Days on Market
1
Current Estimated Value
$303,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,111
Avg. Annual Appreciation
6.64%
Original Mortgage
$6,000
Outstanding Balance
$5,554
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$310,155

Purchase Details

Closed on
Mar 9, 2004
Sold by
Warren Michael G and Warren Laurel A
Bought by
Warren Michael G and Warren Laurel A

Purchase Details

Closed on
Aug 1, 1996
Sold by
Union National Bank & Trust Company
Bought by
Warren Michael G and Warren Laurel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,137
Interest Rate
8.27%
Mortgage Type
FHA
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
Gonzalez Yamirelis Alvarado $250,000 Ct
Warren Michael G -- --
Warren Michael G $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Moises $6,000
Open Gonzalez Yamirelis Alvarado $245,471
Previous Owner Warren Michael G $100,000
Previous Owner Warren Michael $57,000
Previous Owner Warren Michael G $33,000
Previous Owner Warren Michael G $132,000
Previous Owner Warren Michael G $21,300
Previous Owner Warren Michael G $113,700
Previous Owner Warren Michael G $97,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $250,000 +4.2% $450 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $240,000 -- $432 / 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 $5,808 $76,127 $21,526 $54,601
2022 $5,499 $69,415 $19,628 $49,787
2021 $5,790 $64,898 $18,351 $46,547
2020 $5,651 $61,955 $17,519 $44,436
2019 $5,512 $59,016 $16,688 $42,328
2018 $5,497 $55,597 $15,721 $39,876
2017 $5,406 $52,559 $14,862 $37,697
2016 $5,200 $48,761 $13,788 $34,973
2015 -- $44,694 $12,638 $32,056
2014 -- $44,142 $12,482 $31,660
2013 -- $45,306 $12,811 $32,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11207003

Midwest Real Estate Data (MRED)

APN: 06-14-107-011