Seller's Agent in 2024
Jose Vera
Casablanca
(847) 812-6039
1 in this area
12 Total Sales
355 May St Unit 57 Elgin, IL 60120
Elgin National Watch Historic District NeighborhoodEstimated Value: $89,000 - $217,137
4
Beds
2
Baths
--
Sq Ft
3,485
Sq Ft Lot
About This Home
As of May 2024GREAT INVESTMENT OPPORTUNITY. TWO UNITS 355 and 357, SIDE BY SIDE each w/basement and separate utilities. This property pays for its self. I need of work but best 2 unit for the money. Multiple offers received - Seller will look at all offers at 9 pm today. Best and highest please. SOLD AS IS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,519
Lot Details
- 3,485
Home Design
- Duplex
- Asphalt Roof
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Space is Owned
- Assigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- 3,485 Sq Ft Lot
Community Details
- 2 Units
- Gross Income $2,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2024
Closed on
May 10, 2024
Sold by
Sotelo Laura
Bought by
Cook Alex and Medley Katrina A
Seller's Agent
Jose Vera
Casablanca
Buyer's Agent
Jose Vera
Casablanca
List Price
$230,000
Sold Price
$170,000
Premium/Discount to List
-$60,000
-26.09%
Views
78
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
-$2,216
Avg. Annual Appreciation
-0.60%
Original Mortgage
$161,500
Outstanding Balance
$160,072
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$8,796
Purchase Details
Listed on
Jun 26, 2014
Closed on
Oct 16, 2014
Sold by
1683 Real Estate Llc 2013-002
Bought by
Sotelo Laura
Seller's Agent
Luigui Corral
RE/MAX American Dream
Buyer's Agent
Jose Vera
Casablanca
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Purchase Details
Closed on
Feb 4, 2014
Sold by
Nicanor Pablo
Bought by
1683 Real Estate Llc 2013-002
Purchase Details
Closed on
Jan 23, 2014
Sold by
Pna Bank
Bought by
1683 Real Estate Llc 2013-002
Purchase Details
Closed on
Feb 16, 2004
Sold by
Nicanor Pablo and Juarez Enrique
Bought by
Nicanor Pablo
Purchase Details
Closed on
Jul 18, 2003
Sold by
Nicanor Pablo and Martinez Enrique Alanis
Bought by
Nicanor Pablo and Juarez Enrique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,420
Interest Rate
6.4%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 18, 2001
Sold by
Alanis Sergio and Menchaca Ruben
Bought by
Nicanor Pablo and Martinez Enrique Alanis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,187
Interest Rate
7.05%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 18, 1999
Sold by
Warner Paul F and Warner Adriane M
Bought by
Alanis Sergio and Menchaca Ruben
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,887
Interest Rate
7.97%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Cook Alex | $84,500 | None Listed On Document | |
| Sotelo Laura | $40,000 | Specialty Title Service Inc | |
| 1683 Real Estate Llc 2013-002 | -- | None Available | |
| 1683 Real Estate Llc 2013-002 | -- | None Available | |
| Nicanor Pablo | -- | -- | |
| Nicanor Pablo | -- | Citywide Title Corporation | |
| Nicanor Pablo | $116,000 | -- | |
| Alanis Sergio | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cook Alex | $161,500 | |
| Previous Owner | Sotelo Laura | $94,500 | |
| Previous Owner | Nicanor Pablo | $129,000 | |
| Previous Owner | Nicanor Pablo | $119,420 | |
| Previous Owner | Nicanor Pablo | $114,187 | |
| Previous Owner | Alanis Sergio | $69,887 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $170,000 | 0.0% | -- |
| 04/29/2024 04/29/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | Off Market | $170,000 | -- | -- |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/10/2024 03/10/24 | For Sale | $230,000 | +475.0% | -- |
| 10/24/2014 10/24/14 | Sold | $40,000 | -16.5% | -- |
| 09/23/2014 09/23/14 | Pending | -- | -- | -- |
| 09/18/2014 09/18/14 | Price Changed | $47,900 | -2.2% | -- |
| 09/08/2014 09/08/14 | Price Changed | $49,000 | -1.8% | -- |
| 08/15/2014 08/15/14 | For Sale | $49,900 | 0.0% | -- |
| 08/14/2014 08/14/14 | Price Changed | $49,900 | -11.7% | -- |
| 07/23/2014 07/23/14 | Pending | -- | -- | -- |
| 06/26/2014 06/26/14 | For Sale | $56,500 | -- | -- |
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 | $4,043 | $55,427 | $7,564 | $47,863 |
| 2022 | $3,518 | $46,572 | $6,897 | $39,675 |
| 2021 | $3,349 | $43,541 | $6,448 | $37,093 |
| 2020 | $3,244 | $41,567 | $6,156 | $35,411 |
| 2019 | $3,138 | $39,595 | $5,864 | $33,731 |
| 2018 | $3,095 | $37,301 | $5,524 | $31,777 |
| 2017 | $3,010 | $35,263 | $5,222 | $30,041 |
| 2016 | $2,849 | $32,715 | $4,845 | $27,870 |
| 2015 | -- | $29,986 | $4,441 | $25,545 |
| 2014 | -- | $29,616 | $4,386 | $25,230 |
| 2013 | -- | $30,398 | $4,502 | $25,896 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Vera
-
Luigui Corral
Seller's Agent in 2014
Luigui Corral
RE/MAX
(847) 236-0000
226 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12000540
APN: 06-24-255-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes