NOT LISTED FOR SALE

Estimated Value: $307,000 - $382,260

5 Beds
2 Baths
-- Sq Ft
0.8 Acres

Last Sold February 11, 2019

Last sale price $190,000

Est. 79% increase in value since last sale

Current estimated payment $2,343/month

96 Days on Market

Highlights

  • 0.8 Acre Lot
  • Farmhouse Style Home
  • Patio
  • South Elgin High School Rated A-
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of February 2019

Two unit farmhouse with approximate 2000 sq ft. Detached two car gar. Home sits on almost 1 acre. The upstairs unit has 2 bedrooms, living room, dining, bath and kitchen it is in a good shape and it has gorgeous hardwood floors throughout. Downstairs with 3 bedrooms, living room, bathroom and kitchen. Full basement. Owner lives in unit one. This could be a great opportunity, lot could be subdivided with approx 1/2 acre lot on Gilbert Zoned B-4 and a Zone Residential 6 or less units on the other side. Numerous possibilities.

Last Agent to Sell the Property

Carlos Betancourt

Premier Living Properties License #475128350 Listed on: 11/06/2018

Last Buyer's Agent

Perla Sanchez

HomeSmart Connect LLC

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1900

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 118x132x96x132x131x279
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Metal Roof
  • Masonite

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Additional Features

  • Ceiling Fan
  • Patio
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Stone
  • List Price: 199900
  • Lot Features: Irregular Lot
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.8
  • Lot Dimensions: 118X132X96X132X131X279
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4968.92
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Feb 4, 2019
Sold by
Schuring Linda Kay and Schultz Karen Anne
Bought by
Lopez Julio C
Seller's Agent
Carlos Betancourt
Premier Living Properties
Buyer's Agent
Perla Sanchez
HomeSmart Connect LLC
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$340,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,565
Avg. Annual Appreciation
9.17%
Original Mortgage
$161,500
Outstanding Balance
$143,390
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$197,175

Purchase Details

Closed on
Nov 3, 2010
Sold by
Schuring Lola
Bought by
Schuring Lola L and The Lola L Schuring Trust
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
Lopez Julio C $190,000 Fidelity National Title
Schuring Lola L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Julio C $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $190,000 0.0% --
11/24/2018 11/24/18 Off Market $190,000 -- --
11/06/2018 11/06/18 For Sale $199,900 -- --
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 $6,357 $88,559 $34,728 $53,831
2023 $6,041 $80,006 $31,374 $48,632
2022 $5,415 $68,921 $28,608 $40,313
2021 $5,089 $64,436 $26,746 $37,690
2020 $4,929 $61,514 $25,533 $35,981
2019 $5,280 $58,596 $24,322 $34,274
2018 $5,203 $55,201 $22,913 $32,288
2017 $4,969 $52,185 $21,661 $30,524
2016 $4,766 $48,414 $20,096 $28,318
2015 -- $44,376 $18,420 $25,956
2014 -- $43,829 $18,193 $25,636
2013 -- $44,985 $18,673 $26,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10130976

Midwest Real Estate Data (MRED)

APN: 06-35-262-001