NOT LISTED FOR SALE

404 Algona Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $332,969 - $366,000

5 Beds
3 Baths
-- Sq Ft
1903 Built

Last Sold March 11, 2013

Last sale price $61,404

Est. 498% increase in value since last sale

Current estimated payment $2,551/month

16 Days on Market

About This Home

As of March 2013

Fannie Mae Property! Attention Investors! 2 UNITS! First floor has 3 bedrooms and 2 baths. Second floor has 2 bedrooms and 1 bath. 100% tax proration, no survey, no disclosures provided. Approved for Homepath Renovation program. Room/Lot sizes are approx. Please see attached docs and agent remarks.

Last Agent to Sell the Property

Kim DeVincentis

Capital Asset Group Inc. License #471007906 Listed on: 01/30/2013

Last Buyer's Agent

Joan Couris

Keller Williams Thrive License #475155965

Keller Williams Thrive

Property Details

Home Type

  • Other

Year Built

  • 1903

Parking

  • 2

Home Design

  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Mckinley Elementary School
  • Elgin High School

Property Details

Home Type

Other

Year Built

1903

Lot Details

0

Parking

2

Interior Features

  • Total # Of Rooms: 12
  • Basement: Full
  • Basement: Unfinished, Exterior Access

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage

Utilities

  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • Elementary School: McKinley Elementary School
  • High School: Elgin High School
  • Junior High Dist: 46
  • Junior High: Larsen Middle School

Lot Info

  • Lot Dimensions: 61X130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2013
Closed on
Feb 22, 2013
Sold by
Fanne Mae
Bought by
American Eagle Properties Llc
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$65,900
Sold Price
$61,404
Premium/Discount to List
-$4,496
-6.82%
Current Estimated Value
$367,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,049
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Sifuentes Geronimo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2006
Sold by
Sifuentes Salvador
Bought by
Sifuentes Geronimo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1999
Sold by
Franco Antonio and Gonzalez Maria A
Bought by
Sifuentes Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.92%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 31, 1996
Sold by
Holtz Cecil F and Holtz Madonna K
Bought by
Franco Antonio and Gonzalez Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,853
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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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
American Eagle Properties Llc $61,500 None Available
Federal National Mortgage Association -- --
Sifuentes Geronimo $262,500 Attorneys Title Guaranty Fun
Sifuentes Salvador $165,000 Greater Illinois Title Compa
Franco Antonio $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sifuentes Geronimo $210,000
Previous Owner Sifuentes Salvador $156,750
Previous Owner Franco Antonio $147,853
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2013 03/11/13 Sold $61,404 +2.5% --
02/15/2013 02/15/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $59,900 -9.1% --
01/30/2013 01/30/13 For Sale $65,900 -- --
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 $7,503 $93,759 $18,185 $75,574
2023 $7,221 $84,704 $16,429 $68,275
2022 $6,206 $71,575 $14,980 $56,595
2021 $5,970 $66,917 $14,005 $52,912
2020 $5,826 $63,883 $13,370 $50,513
2019 $5,683 $60,853 $12,736 $48,117
2018 $5,668 $57,327 $11,998 $45,329
2017 $5,574 $54,194 $11,342 $42,852
2016 $5,362 $50,277 $10,522 $39,755
2015 -- $46,083 $9,644 $36,439
2014 -- $45,514 $9,525 $35,989
2013 -- $46,714 $9,776 $36,938
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kim DeVincentis

    Capital Asset Group Inc.

    Section Image
  • Joan Couris

    Buyer's Agent in 2013

    Joan Couris

    Keller Williams Thrive

    (630) 561-3348

    16 in this area

    672 Total Sales

    Joan Couris
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08260098

Midwest Real Estate Data (MRED)

APN: 06-12-331-010

Illinois Kane County Elgin 60120 Northeast Elgin

404 Algona Ave, Elgin, IL

Not Listed for Sale

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