NOT LISTED FOR SALE

418 Addison St Unit 20 Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $235,000 - $280,000

3 Beds
2 Baths
-- Sq Ft
10,149 Sq Ft Lot Lot

Sale Details

Date Sold: April 24, 2015

Last sale price $80,000

Est. 232% increase in value since last sale

Current estimated payment $1,848 / mo

7 Days on Market

About This Home

As of April 2015

GREAT INVESTMENT PROPERTY/ 2-UNIT BUILDING WITH LOT OF POTENTIAL/ PROPERTY BEING SOLD IN "AS-IS" CONDITION/ NO SURVEY NOR DISCLOSURES/ PRE-APPROVALS NOT PRE-QUALIFICATION LETTERS/ PROOF OF FUNDING MUST ACCOMPANY ALL OFFERS. UNIT 420 IS CURRENTLY OCCUPIED, GARAGE IS RENTED SEPARATELY. READY TO GO -- LIVE IN OR RENT OUT. BUILDING MAY BE ABLE TO GO FHA.

Last Agent to Sell the Property

Mary Hager-Swanson

Swanson Real Estate License #471003655 Listed on: 02/06/2015

Last Buyer's Agent

Federico Romero

Bonanza Realty License #475133035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Lot Details

  • 10,149

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25x140
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Lot Details

10,149 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X140
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3113
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Apr 17, 2015
Sold by
Bought by
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Federico Romero
Bonanza Realty
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$265,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,978
Avg. Annual Appreciation
11.38%
Original Mortgage
$60,000
Outstanding Balance
$46,172
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$219,806

Purchase Details

Closed on
Oct 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,612
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 Chicago Title Insurance Co
-- None Available
-- None Available
$65,000 Forum Title Insurance Co
-- Forum Title Insurance Co
$139,400 None Available
$207,500 --
$170,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $60,000
Previous Owner $166,000
Previous Owner $166,612
Closed $41,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $80,000 -5.9% --
02/13/2015 02/13/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $85,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,889 $61,092 $14,227 $46,865
2023 $4,705 $55,192 $12,853 $42,339
2022 $4,059 $46,816 $11,720 $35,096
2021 $3,905 $43,769 $10,957 $32,812
2020 $3,811 $41,784 $10,460 $31,324
2019 $3,717 $39,802 $9,964 $29,838
2018 $3,707 $37,496 $9,387 $28,109
2017 $3,646 $35,447 $8,874 $26,573
2016 $3,507 $32,886 $8,233 $24,653
2015 -- $30,143 $7,546 $22,597
2014 -- $29,771 $7,453 $22,318
2013 -- $30,557 $7,650 $22,907
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary Hager-Swanson

    Swanson Real Estate

    (847) 502-7587

    4 in this area

    28 Total Sales

    Mary Hager-Swanson
    Section Image

  • F

    Buyer's Agent in 2015

    Federico Romero

    Bonanza Realty

    (847) 456-7595

    2 in this area

    11 Total Sales

    Federico Romero
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08833902

Midwest Real Estate Data (MRED)

APN: 06-13-132-019

Illinois Kane County Elgin 60120 Northeast Elgin

418 Addison St Unit 20, Elgin, IL

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.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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