405 Walnut Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $287,000 - $322,000
5
Beds
2
Baths
2,360
Sq Ft
$130/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Traditional Architecture
- Main Floor Bedroom
- Multiple Garages
- Wood Flooring
- Detached Garage
About This Home
As of October 2019Charming Brick 2 story with a convenient in-town location! This former two-flat could be used as is or converted back for a terrific investment property! The lovely front porch welcomes you inside to a sunny living room with wall of windows. Gleaming original hardwood floors throughout. Bright and spacious eat-in kitchen was remodeled in 2004 and has ample cabinetry and counter space. Flexible floor plan has a total of 5 bedrooms: one bedroom and a full bath on the main floor and 4 more upstairs with another full bath. There is a large driveway with a detached 2-car garage and sprawling basement offering so many possibilities. The spacious yard has mature trees, lots of room to entertain and a tool/equipment shed. Don't miss your chance to own & enjoy this unique home and a wonderful piece of Elgin's history! Perfect family home or investment property and so close to dining, shopping, schools, parks, Metra and easy interstate access! SO much value here!
Last Listed By
Kathleen Schlagel
Redfin Corporation License #475131706 Listed on: 08/02/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,337
Year Built | Renovated
- 1888 | 1990
Lot Details
- 8,276
Parking
- Detached Garage
- Multiple Garages
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Additional Features
- Wood Flooring
- Basement Fills Entire Space Under The House
- The property is located in a historic district
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $7,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2019
Closed on
Oct 30, 2019
Sold by
Connor Terence J O
Bought by
Lewkowicz John J
Seller's Agent
Kathleen Schlagel
Redfin Corporation
Buyer's Agent
Annie Sullivan
Keller Williams North Shore West
List Price
$189,900
Sold Price
$186,000
Premium/Discount to List
-$3,900
-2.05%
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,975
Avg. Annual Appreciation
8.99%
Original Mortgage
$182,631
Outstanding Balance
$163,813
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$136,305
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Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewkowicz John J | $186,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lewkowicz John J | $182,631 | |
| Previous Owner | Oconnor Terence J | $142,503 | |
| Previous Owner | Oconnor Terence J | $147,182 | |
| Previous Owner | Oconnor Terence J | $164,000 | |
| Previous Owner | Oconnor Terence J | $132,000 | |
| Previous Owner | Oconnor Terence J | $129,500 | |
| Previous Owner | Oconnor Terence J | $130,000 | |
| Previous Owner | Oconnor Terence J | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2019 10/30/19 | Sold | $186,000 | +0.6% | $79 / Sq Ft |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- |
| 09/20/2019 09/20/19 | Price Changed | $184,900 | -2.6% | $78 / Sq Ft |
| 08/02/2019 08/02/19 | For Sale | $189,900 | -- | $80 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,337 | $82,344 | $15,809 | $66,535 |
| 2022 | $5,990 | $75,083 | $14,415 | $60,668 |
| 2021 | $5,727 | $70,197 | $13,477 | $56,720 |
| 2020 | $5,565 | $67,014 | $12,866 | $54,148 |
| 2019 | $5,402 | $63,835 | $12,256 | $51,579 |
| 2018 | $5,352 | $60,137 | $11,546 | $48,591 |
| 2017 | $5,230 | $56,851 | $10,915 | $45,936 |
| 2016 | $4,985 | $52,742 | $10,126 | $42,616 |
| 2015 | -- | $48,342 | $9,281 | $39,061 |
| 2014 | -- | $47,745 | $9,166 | $38,579 |
| 2013 | -- | $49,005 | $9,408 | $39,597 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Kathleen Schlagel
Redfin Corporation
(224) 699-5002
-
Annie Sullivan
Buyer's Agent in 2019
Annie Sullivan
Keller Williams North Shore West
(224) 577-9004
311 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10466840
APN: 06-23-208-004
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