NOT LISTED FOR SALE

371 Lovell St Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $298,000 - $330,659

3 Beds
3 Baths
1,585 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $255,000 $161 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,229/month

7 Days on Market

About This Home

As of November 2021

Well maintained 3 bedroom home in quiet neighborhood. Full of character and charm. Offers ample space with finished basement and large family room with fireplace. New siding and windows. This house is ready for all your own personal touches that will make it your perfect home.

Last Agent to Sell the Property

Ryan Hoffman

Keller Williams Realty Signature License #475146750 Listed on: 10/13/2021

Keller Williams Realty Signature

Last Buyer's Agent

Raul Camacho

Rayma Realty Inc. License #471016784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,898

Year Built

  • 1915

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,898

Year Built

1915

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
  • Directions: Off of Dundee ave to Lovell head west
  • Lot Size: 50X100
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1585
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mckinley Elementary School
  • High School: Elgin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Larsen Middle School

Lot Info

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

Rental Info

  • Board Number: 24

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4263.22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 18, 2021
Sold by
Liepitz Charles T and Liepitz Pamela J
Bought by
Chigo Gabriel Melchi and Hernandif Rosalia
Seller's Agent
Ryan Hoffman
Keller Williams Realty Signature
Buyer's Agent
Raul Camacho
Rayma Realty Inc.
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$318,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,665
Avg. Annual Appreciation
5.57%
Original Mortgage
$242,250
Outstanding Balance
$240,598
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$71,531
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chigo Gabriel Melchi $255,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chigo Gabriel Melchi $242,250
Previous Owner Liepitz Charles T $69,971
Previous Owner Liepitz Charles T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Off Market $255,000 -- --
11/30/2021 11/30/21 Sold $255,000 0.0% $161 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $255,000 -- $161 / 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 $5,898 $81,697 $15,342 $66,355
2023 $5,610 $73,807 $13,860 $59,947
2022 $5,315 $67,299 $12,638 $54,661
2021 $4,632 $62,920 $11,816 $51,104
2020 $4,263 $57,744 $11,280 $46,464
2019 $4,110 $55,005 $10,745 $44,260
2018 $3,500 $46,400 $10,122 $36,278
2017 $3,380 $43,865 $9,569 $34,296
2016 $3,167 $40,694 $8,877 $31,817
2015 -- $37,300 $8,137 $29,163
2014 -- $36,840 $8,037 $28,803
2013 -- $43,029 $8,249 $34,780
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ryan Hoffman

    Keller Williams Realty Signature

    Section Image

  • R

    Buyer's Agent in 2021

    Raul Camacho

    Rayma Realty Inc.

    2 in this area

    67 Total Sales

    Raul Camacho
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11244839

Midwest Real Estate Data (MRED)

APN: 06-12-330-008

Illinois Kane County Elgin 60120 Northeast Elgin

371 Lovell St, Elgin, IL

This home is located at 371 Lovell St, Elgin, IL 60120 since 13 October 2021 and is currently estimated at $318,665, approximately $201 per square foot. This property was built in 1915. 371 Lovell St is a home located in Kane County with nearby schools including McKinley Elementary School, Larsen Middle School, and Elgin High School.

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