NOT LISTED FOR SALE

402 S Edison Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $275,000 - $298,670

3 Beds
2 Baths
1,481 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $117,000 $79 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,041/month

45 Days on Market

Highlights

  • Cape Cod Architecture
  • Living Room
  • Dining Room
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of December 2014

Charming cape cod. Large family room leads to patio overlooking a great lot! Room sizes are approx. This is a Homepath property.

Last Agent to Sell the Property

Anita Holt

Century 21 New Heritage - Hampshire Listed on: 09/10/2014

Last Buyer's Agent

Jon Johnson Global

Berkshire Hathaway HomeServices Starck Real Estate License #475139297

Berkshire Hathaway HomeServices Starck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 1948

Lot Details

  • 7,492

Parking

  • 1.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,481 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,696

Year Built

Built in 1948

Lot Details

0

Parking

1

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
  • Year Built: 1948
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1481
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 10890 SF
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 3695.68
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 11, 2014
Sold by
Fannie Mae
Bought by
Urbaniak Charles U
Seller's Agent
Anita Holt
Century 21 New Heritage - Hampshire
Buyer's Agent
Jon Johnson Global
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$125,500
Sold Price
$117,000
Premium/Discount to List
-$8,500
-6.77%
Current Estimated Value
$297,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,020
Avg. Annual Appreciation
8.49%
Original Mortgage
$111,150
Outstanding Balance
$85,520
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$204,398

Purchase Details

Closed on
Jun 2, 2014
Sold by
Zayas Miguel A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2004
Sold by
Martinez Ignacio and Martinez Maria
Bought by
Zayas Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2000
Sold by
Horwedel James R and Horwedel Noreen K
Bought by
Martinez Ignacio and Martinez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,595
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1995
Sold by
Long Loren E
Bought by
Horwedel James R and Horwedel Noreen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,411
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Urbaniak Charles U $117,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Zayas Miguel A $177,000 Ticor Title Insurance Co
Martinez Ignacio $143,000 --
Horwedel James R $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbaniak Charles U $111,150
Previous Owner Zayas Miguel A $177,000
Previous Owner Martinez Ignacio $131,595
Previous Owner Horwedel James R $116,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $117,000 +1.8% $79 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/10/2014 10/10/14 Price Changed $114,900 -8.4% $78 / Sq Ft
09/08/2014 09/08/14 For Sale $125,500 -- $85 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,986 $82,796 $17,372 $65,424
2023 $5,694 $74,800 $15,694 $59,106
2022 $5,394 $68,204 $14,310 $53,894
2021 $5,154 $63,766 $13,379 $50,387
2020 $5,005 $60,874 $12,772 $48,102
2019 $4,855 $57,986 $12,166 $45,820
2018 $4,536 $51,885 $11,461 $40,424
2017 $4,428 $49,050 $10,835 $38,215
2016 $4,213 $45,505 $10,052 $35,453
2015 -- $41,710 $9,214 $32,496
2014 -- $41,195 $9,100 $32,095
2013 -- $42,282 $9,340 $32,942
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anita Holt

    Century 21 New Heritage - Hampshire

  • Jon Johnson Global

    Buyer's Agent in 2014

    Jon Johnson Global

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 271-7123

    84 Total Sales

    Jon Johnson Global
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08725070

Midwest Real Estate Data (MRED)

APN: 06-22-280-027

Illinois Kane County Elgin 60123 Southwest Elgin

402 S Edison Ave, Elgin, IL

Not Listed for Sale

Detached

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