NOT LISTED FOR SALE

338 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $313,000 - $342,000

3 Beds
4 Baths
717 Sq Ft
$461/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $250,000 $349 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,255/month

10 Days on Market

Highlights

  • Detached Garage
  • Soaking Tub
  • Combination Dining and Living Room

About This Home

As of November 2021

Rich 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

Gary R. Eisenach

Keller Williams Premiere Properties License #471017696 Listed on: 09/16/2021

Keller Williams Premiere Properties

Last Buyer's Agent

Gabriela Melgoza

eXp Realty - Chicago North Ave License #475182484

eXp Realty - Chicago North Ave

Home Details

Home Type

  • Single Family

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

Home Details

Home Type

Single Family

Year Built

1894

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Architectural Style: Farmhouse
  • Directions: N State to Wing to Commonwealth
  • Lot Size: 66X132X66X132
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1894

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 717
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 717
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 717
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • Other Equipment: Ceiling Fan(s), Fan-Whole House
  • Dining Room Type: Foyer, Eating Area

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Porch
  • Exterior Building Type: Cedar
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, Sink
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5377
  • Tax Year: 2020

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 - Chicago North Ave
List Price
$247,000
Sold Price
$250,000
Premium/Discount to List
$3,000
1.21%
Current Estimated Value
$330,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,683
Avg. Annual Appreciation
6.90%
Original Mortgage
$245,471
Outstanding Balance
$226,835
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$103,848

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Oscar $245,471
Previous Owner Richardson Patrick J $196,278
Previous Owner Quick Daniel A $133,000
Previous Owner Maranan Rey L $194,750
Previous Owner Medford Kenneth S $113,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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 $6,430 $88,345 $23,827 $64,518
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11216683

Midwest Real Estate Data (MRED)

APN: 06-14-107-010