Seller's Agent in 2022
Jaqueline Venegas
Inspire Realty Group
(224) 535-9010
1 in this area
117 Total Sales
359 May St Unit 61 Elgin, IL 60120
Elgin National Watch Historic District NeighborhoodEstimated Value: $214,000 - $242,000
4
Beds
2
Baths
--
Sq Ft
0.25
Acres
Highlights
- Forced Air Heating System
- South Elgin High School Rated A-
- Paved or Partially Paved Lot
About This Home
As of July 2022Attn Investors! This 2 story duplex needs some work. Both units have 2BR/1BA w/full basements. One side is vacant the other is being rented at 1,350 MTM. Tenants pay util. except water. Sold as is. Conventional or cash only.
Last Agent to Sell the Property
Inspire Realty Group License #475186751 Listed on: 05/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,821
Year Built
- Built in 1928
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 31x94
- Paved or Partially Paved Lot
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Uncovered Parking
- Unassigned Parking
Schools
- Garfield Elementary School
- Ellis Middle School
- Elgin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jul 22, 2022
Sold by
Gunn Patricia C
Bought by
Cardenas Alejandro
Seller's Agent
Jaqueline Venegas
Inspire Realty Group
Buyer's Agent
Jaqueline Venegas
Inspire Realty Group
List Price
$149,000
Sold Price
$155,000
Premium/Discount to List
$6,000
4.03%
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
$72,069
Avg. Annual Appreciation
13.54%
Original Mortgage
$116,250
Outstanding Balance
$112,534
Interest Rate
7.13%
Mortgage Type
Balloon
Estimated Equity
$117,265
Purchase Details
Closed on
Nov 8, 2001
Sold by
Frazier Richard J and Michael Frazier J
Bought by
Gunn James and Gunn Patricia C
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 |
|---|---|---|---|
| Cardenas Alejandro | $155,000 | Monson Kendall R | |
| Gunn James | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardenas Alejandro | $116,250 | |
| Previous Owner | Gunn James | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $155,000 | +4.0% | -- |
| 06/23/2022 06/23/22 | For Sale | $149,000 | 0.0% | -- |
| 06/22/2022 06/22/22 | Pending | -- | -- | -- |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | Price Changed | $149,000 | -3.9% | -- |
| 05/23/2022 05/23/22 | Price Changed | $155,000 | 0.0% | -- |
| 05/23/2022 05/23/22 | For Sale | $155,000 | -18.4% | -- |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $189,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $4,961 | $61,986 | $6,979 | $55,007 |
| 2023 | $4,774 | $56,000 | $6,305 | $49,695 |
| 2022 | $4,071 | $46,943 | $5,749 | $41,194 |
| 2021 | $3,916 | $43,888 | $5,375 | $38,513 |
| 2020 | $3,821 | $41,898 | $5,131 | $36,767 |
| 2019 | $3,728 | $39,911 | $4,888 | $35,023 |
| 2018 | $3,717 | $37,599 | $4,605 | $32,994 |
| 2017 | $3,656 | $35,544 | $4,353 | $31,191 |
| 2016 | $3,517 | $32,975 | $4,038 | $28,937 |
| 2015 | -- | $30,224 | $3,701 | $26,523 |
| 2014 | -- | $29,851 | $3,655 | $26,196 |
| 2013 | -- | $30,638 | $3,751 | $26,887 |
Source: Public Records
Agents Affiliated with this Home
-
Jaqueline Venegas
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11402879
APN: 06-24-255-003
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