NOT LISTED FOR SALE

Estimated Value: $218,000 - $340,000

5 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 09, 2016

Last sale price $122,500

Est. 125% increase in value since last sale

Current estimated payment $1,989/month

249 Days on Market

Highlights

  • Corner Lot
  • 3 Car Attached Garage
  • Bungalow
  • South Elgin High School Rated A-
  • Patio

About This Home

As of August 2016

Older 2 unit building in the heart of South Elgin near shopping, highways and other conveniences. 3 car garage, units rented until July 2016.Great for investor with positive cash flow. Property will be sold as is.

Last Agent to Sell the Property

David Venlos

Mainstreet Realty, Inc. Listed on: 10/01/2015

Last Buyer's Agent

Nicholas Kuhr

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 66x132
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Schools

  • South Elgin High School

Additional Features

  • Partial Basement
  • Patio
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $22,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,298

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 134900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: SOUTH ELGIN HIGH SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 22440
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4297.98
  • Tax Year: 2015
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Aug 9, 2016
Sold by
Holtz Madonna K
Bought by
Huang Duan Ying and Lin Quandi
Seller's Agent
David Venlos
Mainstreet Realty, Inc.
Buyer's Agent
Nicholas Kuhr
Baird & Warner
List Price
$134,900
Sold Price
$122,500
Premium/Discount to List
-$12,400
-9.19%
Total Days on Market
249
Current Estimated Value
$276,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,622
Avg. Annual Appreciation
9.42%
Original Mortgage
$60,000
Outstanding Balance
$49,789
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$226,333

Purchase Details

Closed on
May 19, 2006
Sold by
Holtz Cecil F and Holtz Madonna K
Bought by
Holtz Cecil F and Holtz Madonna K
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
Huang Duan Ying $122,500 Fidelity National Title
Holtz Cecil F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Duan Ying $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $122,500 -9.2% --
06/06/2016 06/06/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $134,900 0.0% --
01/19/2016 01/19/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $134,900 -- --
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 $5,803 $81,539 $18,472 $63,067
2023 $5,509 $73,664 $16,688 $56,976
2022 $4,857 $62,446 $15,217 $47,229
2021 $4,562 $58,383 $14,227 $44,156
2020 $4,416 $55,736 $13,582 $42,154
2019 $4,243 $53,092 $12,938 $40,154
2018 $4,149 $50,016 $12,188 $37,828
2017 $3,931 $47,283 $11,522 $35,761
2016 $4,318 $43,866 $10,689 $33,177
2015 -- $40,207 $9,797 $30,410
2014 -- $39,711 $9,676 $30,035
2013 -- $40,758 $9,931 $30,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09054127

Midwest Real Estate Data (MRED)

APN: 06-35-110-004