388 S Commonwealth Ave Elgin, IL 60123
Sunset Park NeighborhoodEstimated Value: $196,000 - $304,000
3
Beds
2
Baths
1,977
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Detached Garage
- Property is near a bus stop
- Home Office
- Enclosed patio or porch
About This Home
As of September 2020Well kept move in ready solid all brick ranch with full finished basement that features a 2nd full kitchen. Excellent for entertaining or could be great in-law arrangement. Hardwood floors throughout main level. 2 bedrooms on main and possible one in basement, 2 full baths. Built in bar plus newly remodeled bathroom in basement. 2 car detached garage and ample sized storage shed. Xtra large fenced lot ( 196 feet deep) with private patio, mature trees and garden area. Plenty of room to entertain. Large enclosed porch on back of home. Peaceful and relaxing setting that will surely provide total comfort. Home Warranty included.This ones not going to last. Come see it today.
Last Agent to Sell the Property
Steven Tobin
Real 1 Realty License #475126239 Listed on: 08/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,371
Year Built
- 1955
Lot Details
- 10,019
Parking
- Detached Garage
- Garage Is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- Home Office
- Second Kitchen
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiant Heating System
Additional Features
- Enclosed patio or porch
- Property is near a bus stop
Listing and Financial Details
- $3,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2021
Sold by
Mendoza Nadia M
Bought by
Mendoza Nadia M and Mendoza Victor
Total Days on Market
2
Current Estimated Value
Purchase Details
Listed on
Aug 4, 2020
Closed on
Sep 18, 2020
Sold by
Zeman Richard P and Zeman Amy L
Bought by
Mendoza Nadia M
Seller's Agent
Steven Tobin
Real 1 Realty
Buyer's Agent
Monica Vargas
GREAT HOMES REAL ESTATE, INC.
List Price
$189,900
Sold Price
$200,000
Premium/Discount to List
$10,100
5.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$160,000
Outstanding Balance
$144,124
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$126,894
Purchase Details
Closed on
Aug 24, 2012
Sold by
Zeman Richard P and Zeman Amy L
Bought by
Zeman Richard P and Zeman Amy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,569
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 1997
Sold by
Ambro Ervin
Bought by
Zeman Richard P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,730
Interest Rate
7.58%
Mortgage Type
FHA
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Mendoza Nadia M | -- | None Available | |
| Mendoza Nadia M | $200,000 | None Available | |
| Zeman Richard P | -- | Citywide Title Corporation | |
| Zeman Richard P | $114,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendoza Nadia M | $160,000 | |
| Previous Owner | Zeman Richard P | $141,569 | |
| Previous Owner | Zeman Richard P | $150,000 | |
| Previous Owner | Zeman Richard P | $28,750 | |
| Previous Owner | Zeman Richard P | $112,730 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2020 09/22/20 | Sold | $200,000 | +5.3% | $101 / Sq Ft |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- |
| 08/04/2020 08/04/20 | For Sale | $189,900 | -- | $96 / Sq Ft |
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 | $5,371 | $71,007 | $15,809 | $55,198 |
| 2022 | $5,094 | $64,746 | $14,415 | $50,331 |
| 2021 | $4,865 | $60,533 | $13,477 | $47,056 |
| 2020 | $4,723 | $57,788 | $12,866 | $44,922 |
| 2019 | $4,581 | $55,047 | $12,256 | $42,791 |
| 2018 | $4,315 | $49,645 | $11,546 | $38,099 |
| 2017 | $4,210 | $46,932 | $10,915 | $36,017 |
| 2016 | $4,004 | $43,540 | $10,126 | $33,414 |
| 2015 | -- | $39,908 | $9,281 | $30,627 |
| 2014 | -- | $39,415 | $9,166 | $30,249 |
| 2013 | -- | $40,455 | $9,408 | $31,047 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Steven Tobin
Real 1 Realty
(847) 890-2288
-
Monica Vargas
Buyer's Agent in 2020
Monica Vargas
GREAT HOMES REAL ESTATE, INC.
(847) 877-5988
4 in this area
216 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10806634
APN: 06-23-103-014
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