Seller's Agent in 2020
Jerry Hoffman
Keller Williams Success Realty
(847) 922-8446
66 Total Sales
415 N Spring St Unit 17 Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $297,000 - $373,000
6
Beds
2
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Patio
- Two Heating Systems
- 3 Car Detached Garage
- Entrance Foyer
- Ceiling Fan
About This Home
As of June 2020Rare 2 flat with 3 bedrooms in each unit and a 3 car detached garage! Both units rehabbed in 2020. tenants pay all utilities. Currently vacant so both units could be rehabbed for sale. Current owners for 20 years, indicate never an issue finding tenants. Laundry in the basement serves both units.
Last Agent to Sell the Property
Keller Williams Success Realty License #471008284 Listed on: 05/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,136
Year Built
- Built in 1900 | Remodeled in 2020
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 64 x 115 x 66 x 105
Parking
- 3 Car Detached Garage
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Patio
Schools
- Kimball Middle School
- Larkin High School
Utilities
- Two Heating Systems
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Individual Controls for Heating
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,230
- Maintenance Expense $1,200
- Gross Income $34,800
- Net Operating Income $32,370
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2020
Closed on
Jun 24, 2020
Sold by
Pacchini Michael D and Pacchini Donna M
Bought by
Notterman Aaron and Demb Stepahnie
Seller's Agent
Jerry Hoffman
Keller Williams Success Realty
Buyer's Agent
Natasa Fryer
Keller Williams Success Realty
List Price
$260,000
Sold Price
$262,000
Premium/Discount to List
$2,000
0.77%
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
$69,082
Avg. Annual Appreciation
4.55%
Original Mortgage
$196,500
Outstanding Balance
$177,047
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$154,035
Purchase Details
Closed on
Nov 1, 2003
Sold by
Kooiker Thomas J
Bought by
Pacchini Michael D and Pacchini Donna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2001
Sold by
Hud
Bought by
Pacchini Michael D and Pacchini Donna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.05%
Purchase Details
Closed on
Oct 13, 2000
Sold by
Aguirre Arcadio and Aguirre Petra
Bought by
Hud
Purchase Details
Closed on
Apr 24, 1998
Sold by
Perez Sergio and Perez Luisa
Bought by
Aguirre Arcadio and Aguirre Petra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,572
Interest Rate
7.18%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Notterman Aaron | $262,000 | American Natl Ttl Svcs Inc | |
| Pacchini Michael D | -- | 1St American Title | |
| Pacchini Michael D | -- | Chicago Title Insurance Co | |
| Hud | -- | Wheatland Title | |
| Aguirre Arcadio | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Notterman Aaron | $196,500 | |
| Previous Owner | Pacchini Michael D | $132,000 | |
| Previous Owner | Pacchini Michael D | $136,000 | |
| Previous Owner | Aguirre Arcadio | $165,572 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2020 06/30/20 | Sold | $262,000 | +0.8% | -- |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- |
| 05/12/2020 05/12/20 | For Sale | $260,000 | -- | -- |
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 | $6,786 | $84,794 | $15,700 | $69,094 |
| 2023 | $6,530 | $76,605 | $14,184 | $62,421 |
| 2022 | $5,608 | $64,676 | $12,933 | $51,743 |
| 2021 | $5,395 | $60,467 | $12,091 | $48,376 |
| 2020 | $5,265 | $57,725 | $11,543 | $46,182 |
| 2019 | $5,136 | $54,986 | $10,995 | $43,991 |
| 2018 | $5,121 | $51,800 | $10,358 | $41,442 |
| 2017 | $5,037 | $48,970 | $9,792 | $39,178 |
| 2016 | $4,845 | $45,431 | $9,084 | $36,347 |
| 2015 | -- | $41,641 | $8,326 | $33,315 |
| 2014 | -- | $41,127 | $8,223 | $32,904 |
| 2013 | -- | $42,212 | $8,440 | $33,772 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Hoffman
-
Natasa Fryer
Buyer's Agent in 2020
Natasa Fryer
Keller Williams Success Realty
(224) 567-1381
106 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10714260
APN: 06-12-360-002
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