NOT LISTED FOR SALE

389 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $284,000 - $332,000

3 Beds
2 Baths
1,428 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $255,000 $179 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,255/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Property is near a park
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of July 2021

Truly Charming and Customized Cape Cod For Today's Living. Great Location In Desirable Wing Park Area. 3 BEDROOMS, 2 FULL BATHS Including a Beautiful 2nd Floor Master Suite That Could Be Found In Much More Expensive Homes. Nice Floor Plan With Gleaming Hardwood Floors Throughout. Inviting LIVING ROOM with Large Picture Window For Tons Of Natural Light. Nice EAT-IN KITCHEN Featuring Raised Panel Cabinetry with Crown Molding, Newer Stainless Steel Appliances and Table Area With Booth Style Seating. Vaulted MASTER SUITE With PRIVATE BATH Featuring Granite Counter, Modern Vanity, Double Sinks and Walk-In Closet. Generously Sized Bedrooms. Updates Include Roof, Water Heater, Furnace, Kitchen, Refinished Hardwood Floors, Interior Paint, 2nd Floor Windows. FULL BASEMENT Ready For Finishing. Huge 2.5 CAR GARAGE. Nice Back Yard. Great location Only Minutes to Parks, Wing Park Golf, Schools, Metra, I90, Randall Rd Corridor/Shopping and More!

Last Agent to Sell the Property

Mark Sannita

Keller Williams Inspire - Geneva Listed on: 05/06/2021

Keller Williams Inspire - Geneva

Last Buyer's Agent

Rod Misas

RE/MAX Suburban License #471002964

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,557

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 53x132
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

  • Edward Obeirnes Subdivision, Custom Cape Cod Floorplan

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,557

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Edward Obeirnes
  • Year Built: 1953
  • Age: 61-70 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
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Some Wood Floors
  • LivingArea: 1428
  • Other Equipment: Humidifier, Ceiling Fan(s)
  • Room Type: Eating Area, Walk In Closet, Foyer
  • Estimated Total Finished Sq Ft: 1428
  • Basement Description: Unfinished
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1428
  • Basement Sq Ft: 935
  • Total Sq Ft: 2363
  • Unfinished Basement Sq Ft: 935
  • Upper Level Sq Ft: 1428

Exterior Features

  • DirectionFaces: West
  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 250000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 53X132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5557.3
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 8, 2021
Sold by
Finnerty Ryan Patrick
Bought by
Acosta Marco Edwin Hernandez
Seller's Agent
Mark Sannita
Keller Williams Inspire - Geneva
Buyer's Agent
Rod Misas
RE/MAX Suburban
Sold Price
$255,000
Current Estimated Value
$310,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,543
Avg. Annual Appreciation
4.92%
Original Mortgage
$204,000
Outstanding Balance
$185,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$124,644

Purchase Details

Listed on
May 4, 2016
Closed on
Aug 29, 2016
Sold by
Wolfe Donald S
Bought by
Finnerty Ryan Patrick
Seller's Agent
Shawn Hilton
Suburban Life Realty, Ltd
Buyer's Agent
Susan Yon Hanson
Century 21 Integra
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$171,830
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2014
Sold by
Wolfe Donald S
Bought by
Wolfe Donald S and Donald S Wolfe Living Trust

Purchase Details

Closed on
Nov 14, 2008
Sold by
Raywood Robert E
Bought by
Wolfe Donald S

Purchase Details

Closed on
Jan 14, 1997
Sold by
Raywood Robert E
Bought by
Raywood Robert E and Evelyn J Raywood Trust #1
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
Acosta Marco Edwin Hernandez $255,000 None Available
Finnerty Ryan Patrick $175,000 Chicago Title Ins Co
Wolfe Donald S -- Chicago Title Insurance Co
Wolfe Donald S $160,000 Chicago Title Insurance Co
Raywood Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Marco Edwin Hernandez $204,000
Previous Owner Finnerty Ryan Patrick $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $255,000 +2.0% $179 / Sq Ft
05/11/2021 05/11/21 For Sale -- -- --
05/10/2021 05/10/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $250,000 +42.9% $175 / Sq Ft
08/29/2016 08/29/16 Sold $175,000 -5.4% $109 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $185,000 +5.7% $116 / Sq Ft
06/21/2016 06/21/16 Off Market $175,000 -- --
06/05/2016 06/05/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $185,000 -- $116 / 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 $6,645 $91,037 $20,609 $70,428
2023 $6,329 $82,245 $18,619 $63,626
2022 $5,982 $74,993 $16,977 $58,016
2021 $5,720 $70,113 $15,872 $54,241
2020 $5,557 $66,933 $15,152 $51,781
2019 $5,394 $63,758 $14,433 $49,325
2018 $5,345 $60,064 $13,597 $46,467
2017 $5,223 $56,782 $12,854 $43,928
2016 $4,427 $41,509 $11,925 $29,584
2015 -- $38,046 $10,930 $27,116
2014 -- $37,576 $10,795 $26,781
2013 -- $38,567 $11,080 $27,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11008143

Midwest Real Estate Data (MRED)

APN: 06-14-104-003