338 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $300,000 - $320,000
3
Beds
4
Baths
717
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Detached Garage
- Soaking Tub
- Combination Dining and Living Room
About This Home
As of November 2021Rich with character and charm! Built in 1894, this beauty has all the modern amenities without taking away the charm of this old home. The main floor boasts an eat-in kitchen with plenty of counter space, the dining room has big beautiful windows and flows nicely into the living room. There is a bedroom on the first floor that has a half bath, perfect for a home office, den, or playroom. Upstairs is the master suite with a spectacular bathroom and HUGE walk-in closet. There is a generously sized bedroom and a full bathroom off in the hallway. Other features include a fenced-in backyard with mature trees and a finished area in the basement for another entertaining or hang-out space. You won't want to miss out on this treasure, tour it today and call it home tomorrow.
Last Agent to Sell the Property
Keller Williams Premiere Properties License #471017696 Listed on: 09/16/2021
Last Buyer's Agent
Gabriela Melgoza
eXp Realty, LLC - Chicago North Ave License #475182484
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,122
Year Built
- 1894
Lot Details
- 8,712
Parking
- Detached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Cedar
Interior Spaces
- 717 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Finished Basement
- Finished Basement Bathroom
Bedrooms and Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2021
Closed on
Nov 16, 2021
Sold by
Richardson Patrick J and Richardson Meghan
Bought by
Gomez Oscar and Guzman Yesenia Perez
Seller's Agent
Gary R. Eisenach
Keller Williams Premiere Properties
Buyer's Agent
Gabriela Melgoza
eXp Realty, LLC - Chicago North Ave
List Price
$247,000
Sold Price
$250,000
Premium/Discount to List
$3,000
1.21%
Total Days on Market
10
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
$58,927
Avg. Annual Appreciation
6.18%
Original Mortgage
$245,471
Outstanding Balance
$229,415
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$79,512
Purchase Details
Listed on
May 24, 2019
Closed on
Jun 17, 2019
Sold by
Quick Daniel A and Quick Amy
Bought by
Richardson Patrick J and Richardson Meghan
Seller's Agent
Christine Kohlhagen
HomeSmart Connect LLC
Buyer's Agent
Gary R. Eisenach
Keller Williams Premiere Properties
List Price
$199,900
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$196,278
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Listed on
May 24, 2013
Closed on
Jul 10, 2013
Sold by
Pacific Global Bank
Bought by
Quick Daniel A
Seller's Agent
Teresa Stultz
Premier Living Properties
Buyer's Agent
Christine Kohlhagen
HomeSmart Connect LLC
List Price
$139,800
Sold Price
$140,000
Premium/Discount to List
$200
0.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$133,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 24, 2013
Closed on
Jul 5, 2013
Sold by
Kane County Of Sheriff
Bought by
Pacific Global Bank
Seller's Agent
Teresa Stultz
Premier Living Properties
Buyer's Agent
Christine Kohlhagen
HomeSmart Connect LLC
List Price
$139,800
Sold Price
$140,000
Premium/Discount to List
$200
0.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2004
Sold by
Medford Kenneth S and Medford Carol L
Bought by
Maranan Rey L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 26, 1996
Sold by
Langenbach Lawrence F and Langenbach Marie E
Bought by
Medford Kenneth S and Medford Carol L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
7.86%
Similar Homes in Elgin, IL
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gomez Oscar | $250,000 | Old Republic Title | |
| Richardson Patrick J | $200,000 | Fidelity National Title | |
| Quick Daniel A | $140,000 | None Available | |
| Pacific Global Bank | $275,915 | Greater Illinois Title Compa | |
| Maranan Rey L | $205,000 | Chicago Title Insurance Comp | |
| Medford Kenneth S | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gomez Gonzalo | $9,862 | |
| Closed | Gomez Gonzalo | $5,632 | |
| Open | Gomez Oscar | $245,471 | |
| Previous Owner | Richardson Patrick J | $196,278 | |
| Previous Owner | Quick Daniel A | $123,500 | |
| Previous Owner | Quick Daniel A | $133,000 | |
| Previous Owner | Maranan Rey L | $28,500 | |
| Previous Owner | Maranan Rey L | $228,000 | |
| Previous Owner | Maranan Rey L | $33,940 | |
| Previous Owner | Maranan Rey L | $194,750 | |
| Previous Owner | Medford Kenneth | $168,000 | |
| Previous Owner | Medford Kenneth S | $26,000 | |
| Previous Owner | Medford Kenneth S | $131,500 | |
| Previous Owner | Medford Kenneth S | $113,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2021 11/17/21 | Sold | $250,000 | +1.2% | $349 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | $247,000 | +23.6% | $344 / Sq Ft |
| 07/08/2019 07/08/19 | Sold | $199,900 | 0.0% | $159 / Sq Ft |
| 05/25/2019 05/25/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $199,900 | +42.8% | $159 / Sq Ft |
| 07/12/2013 07/12/13 | Sold | $140,000 | 0.0% | $112 / Sq Ft |
| 06/09/2013 06/09/13 | Pending | -- | -- | -- |
| 06/08/2013 06/08/13 | Off Market | $140,000 | -- | -- |
| 05/24/2013 05/24/13 | For Sale | $139,800 | -- | $111 / 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 | $6,122 | $79,813 | $21,526 | $58,287 |
| 2022 | $5,790 | $72,776 | $19,628 | $53,148 |
| 2021 | $5,535 | $68,041 | $18,351 | $49,690 |
| 2020 | $5,377 | $64,956 | $17,519 | $47,437 |
| 2019 | $5,219 | $61,875 | $16,688 | $45,187 |
| 2018 | $5,170 | $58,290 | $15,721 | $42,569 |
| 2017 | $5,051 | $55,105 | $14,862 | $40,243 |
| 2016 | $4,812 | $51,123 | $13,788 | $37,335 |
| 2015 | $4,753 | $46,859 | $12,638 | $34,221 |
| 2014 | $4,753 | $46,281 | $12,482 | $33,799 |
| 2013 | $4,753 | $47,502 | $12,811 | $34,691 |
Source: Public Records
Agents Affiliated with this Home
-
Gary R. Eisenach
Seller's Agent in 2021
Gary R. Eisenach
Keller Williams Premiere Properties
(630) 447-8428
1 in this area
33 Total Sales
-
Buyer's Agent in 2021
Gabriela Melgoza
eXp Realty, LLC - Chicago North Ave
(708) 677-6744
1 in this area
99 Total Sales
-
Christine Kohlhagen
Seller's Agent in 2019
Christine Kohlhagen
HomeSmart Connect LLC
(630) 768-8317
28 Total Sales
-
Teresa Stultz
Seller's Agent in 2013
Teresa Stultz
Premier Living Properties
(630) 205-5568
9 in this area
395 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11216683
APN: 06-14-107-010
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