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 Neighborhood
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, 3 BED 2 BATH WITH BASEMENT EACH UNIT. SIDE BY SIDE. SOLD AS IS
Last Agent to Sell the Property
RE/MAX American Dream License #471019538 Listed on: 06/26/2014
Property Details
Home Type
- Multi-Family
Home Design
- Duplex
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
Additional Features
- Basement Fills Entire Space Under The House
- 3,485 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $16,800
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $84,500 | None Listed On Document | |
| Warranty Deed | $40,000 | Specialty Title Service Inc | |
| Sheriffs Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Citywide Title Corporation | |
| Warranty Deed | $116,000 | -- | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,500 | New Conventional | |
| Previous Owner | $94,500 | New Conventional | |
| Previous Owner | $129,000 | Unknown | |
| Previous Owner | $119,420 | FHA | |
| Previous Owner | $114,187 | FHA | |
| Previous Owner | $69,887 | FHA |
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: 08656271
APN: 06-24-255-002
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