NOT LISTED FOR SALE

389 S Edison Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $260,000 - $288,000

3 Beds
2 Baths
1,125 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $148,500 $132 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,874/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Landscaped Professionally
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of February 2016

Amazing redo over the last 6 years! High eff.furnace--6yrs; TTO roof,new full bath, kit.cabs,flr & applicances, back door, updated elec, & can lts in kit--5yrs; new copper plumbing in basement; bkfst bar--4yrs; hardwood floors redone in LR,Dr,hall & 1st flr BR; new front door--2yrs; vinyl siding on hse and gar.--2 yrs; new atrium doors in DR--4 months; refinished basement rec.room--3 months; new concrete sidewalk, driveway and apron & gutters on house--2 yrs; Newer windows in home and newer double deck for summer living/entertaining in the fenced back yard; new ceil fans up BR's--5yrs; The list just keeps going on and on! Your clients can move into this one and begin living without changing anything major for some time down the road; Show with pride and let this home sell itself!

Last Agent to Sell the Property

Richard Grieger

Inspire Realty Group LLC License #471006595 Listed on: 01/02/2016

Last Buyer's Agent

Ben Kastein

Advantage Realty Group License #471011239

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • East or West Exposure
  • Landscaped Professionally

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Dry Bar
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1948
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, CO Detectors, Ceiling Fan, Sump Pump
  • Attic: Dormer
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X09, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X09, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar, Galley, Pantry-Closet
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 1 Name: Recreation Rm, Dimensions: 23X11, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1125
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: W (West)
  • Acreage: 0.185

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Off Street, Side Apron, Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 56 X 128.40 X 76.8 X 114.8
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 0622281020

Tax Info

  • Taxes: $3,928.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Feb 19, 2016
Sold by
Farfan Daniel and Lopez Vanessa M
Bought by
Patek Rochelle A
Seller's Agent
Richard Grieger
Inspire Realty Group LLC
Buyer's Agent
Ben Kastein
Advantage Realty Group
List Price
$146,900
Sold Price
$148,500
Premium/Discount to List
$1,600
1.09%
Current Estimated Value
$276,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,092
Avg. Annual Appreciation
6.38%
Original Mortgage
$145,809
Outstanding Balance
$118,265
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$155,607

Purchase Details

Closed on
Oct 13, 2010
Sold by
Rosenhagen Jeremy R W
Bought by
Farfan Daniel and Lopez Vanessa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,511
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2007
Sold by
Rosenhagen Jeremy R W and Rosenhagen Karla R
Bought by
Rosenhagen Jeremy R W

Purchase Details

Closed on
Sep 29, 2004
Sold by
Orr Susanna M
Bought by
Rosenhagen Jeremy R W and Rosenhagen Karla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 2002
Sold by
Orr Susanna M
Bought by
Orr Susanna M and Susanna M Orr Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patek Rochelle A $148,500 Attorney
Farfan Daniel $112,000 Attorneys Title Guaranty Fun
Rosenhagen Jeremy R W -- None Available
Rosenhagen Jeremy R W $170,000 Baird & Warner Title Service
Orr Susanna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patek Rochelle A $145,809
Previous Owner Farfan Daniel $110,511
Previous Owner Rosenhagen Jeremy R W $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $148,500 0.0% $132 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/13/2016 01/13/16 Off Market $148,500 -- --
01/02/2016 01/02/16 For Sale $146,900 -- $131 / 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 $5,133 $72,142 $16,982 $55,160
2023 $4,874 $65,175 $15,342 $49,833
2022 $4,633 $59,428 $13,989 $45,439
2021 $4,422 $55,561 $13,079 $42,482
2020 $4,290 $53,042 $12,486 $40,556
2019 $4,159 $50,526 $11,894 $38,632
2018 $4,049 $46,950 $11,205 $35,745
2017 $3,948 $44,385 $10,593 $33,792
2016 $3,752 $41,177 $9,827 $31,350
2015 -- $37,742 $9,007 $28,735
2014 -- $37,276 $8,896 $28,380
2013 -- $38,260 $9,131 $29,129
Source: Public Records

Agents Affiliated with this Home

  • Richard Grieger

    Seller's Agent in 2016

    Richard Grieger

    Inspire Realty Group LLC

    (847) 338-0506

    1 in this area

    20 Total Sales

    Richard Grieger
    Section Image
  • Ben Kastein

    Buyer's Agent in 2016

    Ben Kastein

    Advantage Realty Group

    (630) 631-1296

    142 Total Sales

    Ben Kastein
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09108068

Midwest Real Estate Data (MRED)

APN: 06-22-281-020

Illinois Kane County Elgin 60123 Southwest Elgin

389 S Edison Ave, Elgin, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes