NOT LISTED FOR SALE

362 Hancock Ave South Elgin, IL 60177

Estimated Value: $330,000 - $442,000

4 Beds
3 Baths
2,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $305,000 $117 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,592/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • 1-Story Property
  • South Elgin High School Rated A-
  • Attached Garage
  • 4-minute walk to Jim Hansen Park

About This Home

As of November 2021

AMAZING SPACIOUS RANCH W/ENGLISH BASEMENT! MOST OF THE HOME TOTALLY UPDATED IN '14: HARDWOOD FLOORS LR/DR/KIT, 42" UPPER CABINETS/QUARTZ TOP/EXTRA CAB SPACE/STAINLESS APPLIANCES, NEWER CARPET & PAINT THRU-OUT, 2 OF BATHS GUTTED IN '17/TILE FLOORS/VANITIES/CUSTOM TILE SURROUND, SIX PANEL DOORS SCREENED PORCH OVERLOOKS PATIO AND FENCED YARD. WALK TO PARK... GREAT HOME!!!

Last Agent to Sell the Property

Shane Crawford

REMAX Legends License #475097579 Listed on: 08/31/2021

REMAX Legends

Last Buyer's Agent

Lucia Delgado

Universal Real Estate LLC License #475138485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,601

Year Built | Renovated

  • 1972 | 2014

Lot Details

  • 9,148

Parking

  • Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,601

Year Built | Renovated

1972 | 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Architectural Style: Ranch
  • Directions: RT 31 TO CONCORD W TO HANCOCK S
  • Lot Size: 72X130
  • Master Model: RANCH
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Concord Highlands
  • Special Features: None
  • Year Built: 1972
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Exercise Room, Storage, Screened Porch

Exterior Features

  • Exterior Features: Patio, Porch Screened
  • Exterior Building Type: Brick,Frame
  • Lot Features: Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Clinton Elementary School
  • High School: South Elgin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Kenyon Woods Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 5222
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 27, 2021
Sold by
Frontzak Ii Andrew R
Bought by
Nelson Alexander and Nelson Samantha N
Seller's Agent
Shane Crawford
REMAX Legends
Buyer's Agent
Lucia Delgado
Universal Real Estate LLC
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Current Estimated Value
$386,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,790
Avg. Annual Appreciation
5.79%
Original Mortgage
$289,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Frontzak Ii Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,620
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2014
Sold by
Webster Robert
Bought by
Bayview Loanservicing Llc

Purchase Details

Closed on
Feb 22, 2008
Sold by
Harper John R and Harper Debra L
Bought by
Webster Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,210
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2004
Sold by
Harper John R and Harper Debra L
Bought by
Harper John R and Harper Debra L

Purchase Details

Closed on
Nov 26, 2003
Sold by
Holz John and Holz Cindy
Bought by
Harper John R and Harper Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nelson Alexander $305,000 First American Title
Frontzak Ii Andrew R $130,000 Chicago Title Insurance Co
Bayview Loanservicing Llc -- None Available
Webster Robert G $235,000 Chicago Title Insurance Co
Harper John R -- --
Harper John R $199,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Alexander $289,750
Previous Owner Frontzak Ii Andrew R $139,620
Previous Owner Webster Robert G $261,210
Previous Owner Harper John R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $305,000 +5.2% $117 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $289,900 -- $112 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $6,601 $91,654 $18,499 $73,155
2023 $6,276 $82,802 $16,712 $66,090
2022 $5,981 $75,501 $15,238 $60,263
2021 $5,625 $70,588 $14,246 $56,342
2020 $5,223 $64,826 $13,600 $51,226
2019 $5,024 $61,751 $12,955 $48,796
2018 $5,548 $64,864 $12,204 $52,660
2017 $5,267 $61,320 $11,537 $49,783
2016 $5,009 $56,888 $10,703 $46,185
2015 -- $43,329 $9,810 $33,519
2014 -- $51,499 $9,689 $41,810
2013 -- $52,858 $9,945 $42,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11205684

Midwest Real Estate Data (MRED)

APN: 06-34-480-009