397 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodHighlights
- Deck
- Corner Lot
- Breakfast Bar
- Ranch Style House
- Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of March 2024Lovely 1 story ranch sits picture perfect on a corner lot in Elgin with front wood deck. Modern kitchen has breakfast bar, tiled back splash plus ceramic flooring. Very striking dining room with large picture window and shining hardwood floors. Full unfinished basement has 1/2 bath and workshop. Central air. Detached 2 car garage. Sold As-Is. Taxes 100%. Special Addendums required after offer is accepted.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,218
Year Built
- 1921
Parking
- Detached Garage
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Breakfast Bar
- Deck
- Corner Lot
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | None Listed On Document | |
| Special Warranty Deed | $117,000 | Fidelity National Title | |
| Deed In Lieu Of Foreclosure | -- | Servicelink | |
| Warranty Deed | $146,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $6,000 | New Conventional | |
| Open | $261,250 | New Conventional | |
| Previous Owner | $7,500 | Stand Alone Second | |
| Previous Owner | $93,600 | New Conventional | |
| Previous Owner | $160,200 | Unknown | |
| Previous Owner | $45,600 | Stand Alone Second | |
| Previous Owner | $154,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $38,600 | Stand Alone Second | |
| Previous Owner | $19,235 | Unknown | |
| Previous Owner | $148,500 | Unknown | |
| Previous Owner | $9,170 | Credit Line Revolving | |
| Previous Owner | $138,700 | No Value Available |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $275,000 | +5.8% | $249 / Sq Ft |
| 02/24/2024 02/24/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | For Sale | $259,900 | +122.1% | $235 / Sq Ft |
| 01/16/2015 01/16/15 | Sold | $117,000 | +8.4% | $106 / Sq Ft |
| 11/12/2014 11/12/14 | Pending | -- | -- | -- |
| 10/27/2014 10/27/14 | For Sale | $107,900 | -- | $98 / Sq Ft |
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 | $5,218 | $69,216 | $21,099 | $48,117 |
| 2022 | $4,952 | $63,113 | $19,239 | $43,874 |
| 2021 | $4,729 | $59,006 | $17,987 | $41,019 |
| 2020 | $4,590 | $56,330 | $17,171 | $39,159 |
| 2019 | $4,451 | $53,657 | $16,356 | $37,301 |
| 2018 | $4,404 | $50,548 | $15,408 | $35,140 |
| 2017 | $4,298 | $47,786 | $14,566 | $33,220 |
| 2016 | $4,088 | $44,332 | $13,513 | $30,819 |
| 2015 | -- | $40,634 | $12,386 | $28,248 |
| 2014 | -- | $40,132 | $12,233 | $27,899 |
| 2013 | -- | $41,191 | $12,556 | $28,635 |
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08762186
APN: 06-14-104-001
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