$257,500
SOLD FEB 21, 2020
4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

1% Below List Price

5 Days on Market

Highlights

  • Detached Garage
  • Bungalow
  • 2-minute walk to Ryerson Park

About This Home

As of February 2020

Experience the best of both worlds, live in a home with a unique vintage appeal with a modern flair. A rare opportunity for a great Investment or for your extended family! This is a rehabbed Side-by-side Duplex. Both units have 2bd/1bth with basements and a 1 car oversized detached garage. Live in one unit and rent the other side or rent both sides! Avg rental is $1,200 per unit in Elgin. New roof, new kitchen with granite countertops and stainless steel appliances, new bathrooms with bright subway tiles, refurbished oak hardwood and new kitchen flooring, and freshly painted. Plumbing and Electrical has been updated. New water heater in 405 and furnace in 409 (1/2019). Exterior has been landscaped and the garage exterior. refurbished. Conveniently located blocks away from Rte 20, right off Rte 31.

Last Agent to Sell the Property

Marisha Telemaque

Baird & Warner License #475179646 Listed on: 01/10/2020

Baird & Warner

Last Buyer's Agent

David Ahrens

Grid 7 Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,101

Year Built | Renovated

  • 1930 | 2019

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $1,227 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,101

Year Built | Renovated

1930 | 2019

Lot Details

0

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Estimated Year Built: 1930
  • Type Multi: Duplex Side by Side
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930
  • Year Renovated: 2019

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 46
  • High School: Larkin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 6402
  • Parcel Identification Number: 0623278002

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Tax Info

  • Taxes: 4898.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
May 23, 2023
Sold by
Ahrens David and Ahrens Brianna
Bought by
Small Daniel and Small Alayna
Seller's Agent
Brian Overheidt
Grid 7 Properties
Buyer's Agent
Brian Overheidt
Grid 7 Properties
Sold Price
$1,500
Total Days on Market
5
Views
158
Current Estimated Value
$321,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,172
Original Mortgage
$266,250
Outstanding Balance
$260,527
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$61,145

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 21, 2020
Sold by
Hulsey Virginia and Hulsey Mark
Bought by
Ahrens David and Ahrens Brianna
Seller's Agent
Marisha Telemaque
Baird & Warner
Buyer's Agent
David Ahrens
Grid 7 Properties
List Price
$260,000
Sold Price
$257,500
Premium/Discount to List
-$2,500
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$252,797
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2014
Sold by
Kult Elizabeth and Weaver Phyllis
Bought by
Hulsey Virginia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Warranty Deed $257,500 Baird & Warner Ttl Svcs Inc
Quit Claim Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,250 New Conventional
Previous Owner $252,950 FHA
Previous Owner $252,797 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Rented $1,500 0.0% --
07/11/2023 07/11/23 For Rent $1,500 0.0% --
02/21/2020 02/21/20 Sold $257,500 -1.0% --
01/15/2020 01/15/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $260,000 -- --
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 $5,101 $67,840 $13,345 $54,495
2022 $4,844 $61,858 $12,168 $49,690
2021 $4,624 $57,833 $11,376 $46,457
2020 $5,035 $55,210 $10,860 $44,350
2019 $4,912 $52,591 $10,345 $42,246
2018 $4,898 $49,544 $9,746 $39,798
2017 $4,817 $46,836 $9,213 $37,623
2016 $4,634 $43,451 $8,547 $34,904
2015 -- $39,827 $7,834 $31,993
2014 -- $39,335 $7,737 $31,598
2013 -- $40,373 $7,941 $32,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10566469

Midwest Real Estate Data (MRED)

APN: 06-23-278-002