Seller's Agent in 2021
Joan Couris
Keller Williams Thrive
(630) 561-3348
16 in this area
673 Total Sales
406 Prospect St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $510,000 - $624,000
8
Beds
4
Baths
--
Sq Ft
0.48
Acres
Highlights
- Corner Lot
- Forced Air Heating System
- 5-minute walk to St Francis Park
About This Home
As of September 2021Well maintained and fully rented 4 unit near Gold Coast with 2 bed/1 bath in each unit. Many recent updates including newer plumbing, electric, 4 hwh, 4 furnaces (2 high efficiency in the basement, 2 85% in attic, high efficiency windows, new carpeting, interior and exterior painting. Tenant pays all utilities! Each unit has an updated kitchen with refrigerator, range and microwave, full bath, living area, 2 bedrooms, deck area and designated parking spot. Additional owner storage in basement and attic. Photos shown are of unit 2 and finishes are similar in other units. Agents - please read agent comments.
Last Agent to Sell the Property
Keller Williams Thrive License #475155965 Listed on: 07/17/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,261
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 169x124
- Corner Lot
Home Design
- Stucco
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- Driveway
- On-Street Parking
- Uncovered Parking
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $3,200
- Insurance Expense $3,644
- Maintenance Expense $6,000
- Gross Income $48,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2021
Closed on
Sep 15, 2021
Sold by
American Eagle Properties Llc
Bought by
Flaman William F and Flaman Jill M
Seller's Agent
Joan Couris
Keller Williams Thrive
Buyer's Agent
David Lobraco
Fulton Grace Realty
List Price
$380,000
Sold Price
$462,500
Premium/Discount to List
$82,500
21.71%
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
$120,107
Avg. Annual Appreciation
5.57%
Original Mortgage
$342,000
Outstanding Balance
$319,744
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$262,863
Purchase Details
Listed on
Mar 15, 2013
Closed on
Jun 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
American Eagle Properties Llc
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$89,900
Sold Price
$126,406
Premium/Discount to List
$36,506
40.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Purchase Details
Closed on
Jul 16, 2012
Sold by
Zheng Jin
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jul 13, 2007
Sold by
Phothirath Bounthieng and Phothirath Keomany
Bought by
Zheng Jin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 1996
Sold by
Schmidt Allen and Schmidt Nidia
Bought by
Phothirath Bounthieng and Phothirath Keomany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.99%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flaman William F | $462,500 | Chicago Title | |
| American Eagle Properties Llc | $126,500 | Attorneys Title Guaranty Fun | |
| Federal Home Loan Mortgage Corporation | -- | None Available | |
| Zheng Jin | $290,000 | Multiple | |
| Phothirath Bounthieng | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flaman William F | $342,000 | |
| Previous Owner | Zheng Jin | $188,500 | |
| Previous Owner | Phothirath Bounthieng | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2021 09/29/21 | Sold | $462,500 | +21.7% | -- | |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- | |
| 07/17/2021 07/17/21 | For Sale | $380,000 | +200.6% | -- | |
| 07/05/2013 07/05/13 | Sold | $126,406 | +40.6% | -- | View Prior Sale |
| 06/12/2013 06/12/13 | Pending | -- | -- | -- | |
| 05/29/2013 05/29/13 | For Sale | $89,900 | 0.0% | -- | |
| 04/03/2013 04/03/13 | Pending | -- | -- | -- | |
| 03/15/2013 03/15/13 | For Sale | $89,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $9,617 | $120,175 | $19,224 | $100,951 |
| 2023 | $9,255 | $108,569 | $17,367 | $91,202 |
| 2022 | $7,929 | $91,436 | $15,836 | $75,600 |
| 2021 | $7,627 | $85,487 | $14,806 | $70,681 |
| 2020 | $7,443 | $81,611 | $14,135 | $67,476 |
| 2019 | $7,261 | $77,739 | $13,464 | $64,275 |
| 2018 | $7,240 | $73,235 | $12,684 | $60,551 |
| 2017 | $7,575 | $73,652 | $12,756 | $60,896 |
| 2016 | $7,287 | $68,329 | $11,834 | $56,495 |
| 2015 | -- | $62,630 | $10,847 | $51,783 |
| 2014 | -- | $61,857 | $10,713 | $51,144 |
| 2013 | -- | $63,489 | $10,996 | $52,493 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Couris
-
David Lobraco
Buyer's Agent in 2021
David Lobraco
Fulton Grace Realty
(630) 802-9222
1 in this area
45 Total Sales
-
John Wright
Seller's Agent in 2013
John Wright
Keller Williams Premiere Properties
(773) 733-1888
1 in this area
141 Total Sales
-
Robert Gram
Seller Co-Listing Agent in 2013
Robert Gram
Keller Williams Premiere Properties
(630) 334-9074
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11159891
APN: 06-12-361-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 602 Prospect St
- 603 Douglas Ave
- 419 Fremont St
- 428 Fremont St
- 409 Algona Ave
- 370 North St
- 117 Tennyson Ct
- 453 Addison St
- 841 Douglas Ave
- 144 Hill Ave
- 271 Dupage St
- 481 Division St
- 939 Prospect St
- 914 Brook St
- 407 N Liberty St
- 1009 Augusta Ave
- 216 Prairie St
- 431 N Crystal St
- 315 Congdon Ave
- 9 N Jackson St
- 268 Cherry St
- 262 Cherry St
- 420 Prospect St
- 420 Prospect St Unit 1-N
- 420 Prospect Blvd Unit 2-N
- 420 Prospect Blvd Unit 1-N
- 267 Seneca St
- 401 Prospect Blvd
- 263 Seneca St
- 419 Prospect St Unit 21
- 401 Prospect St Unit 3
- 407 Center St
- 415 Center St Unit 17
- 405 Center St
- 411 Prospect St
- 277 Cherry St
- 271 Cherry St
- 303 Cherry St
- 265 Cherry St
- 309 Seneca St