NOT LISTED FOR SALE

Estimated Value: $308,000 - $370,000

6 Beds
2 Baths
-- Sq Ft
0.4 Acres

Last Sold August 09, 2019

Last sale price $231,000

Est. 44% increase in value since last sale

Current estimated payment $2,255/month

21 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • 3-minute walk to Kiwanis Park
  • South Elgin High School Rated A-
  • Forced Air Heating System

About This Home

As of August 2019

INCREDIBLE OPPORTUNITY TO OWN A LOVELY TWO FLAT IN AN EXTRA LARGE LOT WITH 2 CAR GARAGE IN GREAT NEIGHBORHOOD CLOSE TO DOWNTOWN ELGIN. BOTH UNITS ARE 3 BEDROOMS. RENTED $1100 A MONTH. RARE TO FIND UNITS THAT BIG. CONCRETE DRIVEWAY, 300 FEET WITH 8 PARKING SPACES, TOO MUCH TO MENTION. COME AND SEE!

Last Agent to Sell the Property

Regi Ortega

Century 21 TK Realty License #475125597 Listed on: 04/25/2019

Century 21 TK  Realty

Last Buyer's Agent

Michael Humphries

Smart Home Realty License #475162207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,436

Lot Details

  • Lot Dimensions are 240x72
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,436

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 232000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 240X72
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4436
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Aug 8, 2019
Sold by
Garcia Hairo
Bought by
Velazquez Estephanie Hernandez
Seller's Agent
Regi Ortega
Century 21 TK Realty
Buyer's Agent
Michael Humphries
Smart Home Realty
List Price
$232,000
Sold Price
$231,000
Premium/Discount to List
-$1,000
-0.43%
Current Estimated Value
$332,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,165
Avg. Annual Appreciation
6.00%
Original Mortgage
$209,605
Outstanding Balance
$182,812
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$149,353

Purchase Details

Closed on
Jun 28, 2017
Sold by
Caballero Ignacio
Bought by
Garcia Hairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
Hidalgo Adolfo and Palomar Ofelia
Bought by
Caballero Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Pozos Agustin
Bought by
Hidalgo Adolfo and Palomar Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2002
Sold by
Pozos Agustin and Martinez Juan F
Bought by
Pozos Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.8%

Purchase Details

Closed on
Oct 30, 1995
Sold by
Lopez Hipolito B and Lopez Eva
Bought by
Pozos Agustin and Martinez Juan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,403
Interest Rate
7.7%
Mortgage Type
FHA
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
Velazquez Estephanie Hernandez $231,000 Attorney
Garcia Hairo $185,000 First American Title
Caballero Ignacio $110,000 Attorney
Hidalgo Adolfo $285,000 Law Title Insurance
Pozos Agustin -- Chicago Title Insurance Co
Pozos Agustin $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Estephanie Hernandez $209,605
Previous Owner Garcia Hairo $138,750
Previous Owner Caballero Ignacio $108,007
Previous Owner Hidalgo Adolfo $228,000
Previous Owner Pozos Agustin $148,800
Previous Owner Pozos Agustin $127,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $231,000 -0.4% --
05/16/2019 05/16/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $232,000 -- --
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 $6,151 $84,859 $17,796 $67,063
2023 $5,853 $76,663 $16,077 $60,586
2022 $5,106 $64,881 $14,659 $50,222
2021 $4,877 $60,659 $13,705 $46,954
2020 $4,734 $57,909 $13,084 $44,825
2019 $5,152 $55,162 $12,463 $42,699
2018 $5,138 $51,966 $11,741 $40,225
2017 $4,436 $49,126 $11,099 $38,027
2016 $4,221 $45,576 $10,297 $35,279
2015 -- $41,774 $9,438 $32,336
2014 -- $41,258 $9,321 $31,937
2013 -- $42,346 $9,567 $32,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10356218

Midwest Real Estate Data (MRED)

APN: 06-24-201-022