NOT LISTED FOR SALE

403 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $319,000 - $332,000

3 Beds
2 Baths
2,060 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $222,000 $108 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,337/month

8 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Mature Trees
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2021

**Spacious and Expansive Brick Cape Cod Home with Welcoming Front Porch on Corner Lot** 3 Bedrooms + 2 Full Bathrooms + Den + Basement + 2 Car Garage. Large Family Room with picture window and fireplace. Expansive eat-in Kitchen with lots of cabinets, can lighting, plus new refrigerator and garbage disposal. Warm, inviting Dining Room off Kitchen and Living Room with fireplace. Main floor Master Bedroom and Full Hall Bath. Two additional Bedrooms, Den-perfect for work or play at home, and Full Hall Bath upstairs. Unfinished Basement ready for your design touches. Large picture windows allow tons of natural light throughout this home. Hardwood Floors. Great, mature tree-lined street. Walking paths, basketball and tennis courts, baseball fields, swimming, golf, playground, more outdoor lifestyle space so close! Value-Added Features: (2020) Refrigerator, Disposal; (2019) New Toilets; (2015) Windows; (2012) Roof, A/C, Air Handler; (2011) Gutters. AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID 19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE HOME UNTIL THEY RECEIVE MEDICAL CLEARANCE.

Last Listed By

Katie Fish

Keller Williams Inspire - Geneva License #475130544 Listed on: 01/14/2021

Keller Williams Inspire - Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,236

Year Built

  • 1939

Lot Details

  • Landscaped Professionally
  • Corner Lot
  • Mature Trees

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $485 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,236

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1939
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Den, Dimensions: 11X7, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 17X11, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 2060
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X14, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air, 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Radiant

Condo/Co-op/Association

  • Assessed Sq Ft: 2060

Schools

  • School District: 46
  • Elementary School: Highland Elementary School
  • Middle School: Kimball Middle School
  • High School: Larkin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 128X57X125X53
  • Lot Description: Corner, Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 0614102001

Tax Info

  • Taxes: 5926.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 18, 2021
Sold by
Kkrocko Leona P
Bought by
Heiser Hollie
Seller's Agent
Katie Fish
Keller Williams Inspire - Geneva
Buyer's Agent
Savi Ramrakhyani
Berkshire Hathaway HomeServices Chicago
List Price
$221,108
Sold Price
$222,000
Premium/Discount to List
$892
0.4%
Total Days on Market
8
Current Estimated Value
$324,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,597
Avg. Annual Appreciation
9.33%
Original Mortgage
$171,000
Outstanding Balance
$155,021
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$169,576

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 23, 2019
Sold by
Garber Nancy A and Blain Daun
Bought by
Krocko Leona P
Seller's Agent
Brad Sowell
Northwest Suburban Real Estate
Buyer's Agent
Kathleen O'Reilly
RE/MAX Horizon
List Price
$219,900
Sold Price
$212,500
Premium/Discount to List
-$7,400
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Jul 28, 2004
Sold by
Leone Jeffrey
Bought by
Garber Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 24, 2003
Sold by
Jarzombek Steven A and Jarzombek Kari L
Bought by
Leone Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

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
Heiser Hollie $222,000 Attorneys Ttl Guaranty Fund
Krocko Leona P $212,500 None Available
Garber Nancy A $219,500 Ticor Title Insurance Co
Leone Jeffrey $207,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heiser Hollie $55,000
Open Heiser Hollie $171,000
Previous Owner Garber Nancy A $137,000
Previous Owner Garber Nancy A $166,000
Previous Owner Garber Nancy A $169,500
Previous Owner Leone Jeffrey $155,250
Previous Owner Jarzombek Steven A $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $222,000 +0.4% $108 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $221,108 +4.1% $107 / Sq Ft
09/23/2019 09/23/19 Sold $212,500 -3.4% $103 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $219,900 -- $107 / 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
2023 $6,236 $81,148 $15,762 $65,386
2022 $7,073 $87,568 $14,372 $73,196
2021 $6,769 $81,870 $13,437 $68,433
2020 $6,581 $78,158 $12,828 $65,330
2019 $5,926 $74,450 $12,219 $62,231
2018 $5,847 $70,137 $11,511 $58,626
2017 $5,688 $66,305 $10,882 $55,423
2016 $5,921 $61,514 $10,096 $51,418
2015 -- $56,383 $9,254 $47,129
2014 -- $55,687 $9,140 $46,547
2013 -- $57,156 $9,381 $47,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10971104

Midwest Real Estate Data (MRED)

APN: 06-14-102-001