420 S State St Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $289,098 - $315,000
5
Beds
2
Baths
--
Sq Ft
6,970
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 3-minute walk to Ryerson Park
About This Home
As of October 2018WHAT A GREAT 2 UNIT HOME TO OWN THAT WAS UPDATED IN 2011 WITH NEW WINDOWS, NEW ELECTRIC,NEW KITCHENS AND NEW BATHROOMS. FIRST FLOOR UNIT HAS 2 BEDROOMS, SECOND FLOOR UNIT HAS 3 BEDROOMS. TENANTS PAY FOR ELECTRIC AND GAS (HEAT). THERE IS A 2 CAR GARAGE IN THE BACK WITH A FENCED YARD. THE BASEMENT OFFERS A WASHER/DRYER HOOK UP. MAKE THIS YOUR INVESTMENT PROPERTY OR LIVE IN ONE UNIT AND RENT OUT THE SECOND UNIT.
Last Agent to Sell the Property
Baird & Warner License #475125362 Listed on: 09/11/2018
Last Buyer's Agent
Sandra Arms
Berkshire Hathaway HomeServices Starck Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,273
Year Built | Renovated
- 1900 | 2011
Lot Details
- 6,970
Parking
- 2 Car Detached Garage
- Off Alley Parking
- Parking Space is Owned
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Partial Basement
- 6,970 Sq Ft Lot
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2018
Closed on
Oct 16, 2018
Sold by
Passanante Joseph
Bought by
Cervantes Jose Estrada and Moncad Patricia
Seller's Agent
Grace Pawlikowski
Baird & Warner
Buyer's Agent
Sandra Arms
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$204,700
Sold Price
$202,000
Premium/Discount to List
-$2,700
-1.32%
Total Days on Market
3
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
$99,775
Avg. Annual Appreciation
5.87%
Original Mortgage
$198,341
Outstanding Balance
$176,396
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$118,249
Purchase Details
Closed on
Apr 4, 2011
Sold by
Partners In Charity Inc
Bought by
Passanante Joseph
Purchase Details
Closed on
Dec 13, 2010
Sold by
The Bank Of New York Mellon
Bought by
Partners In Charity
Purchase Details
Closed on
Dec 28, 2009
Sold by
Montalvo Dominga
Bought by
Bank Of New York
Purchase Details
Closed on
Apr 19, 2000
Sold by
Montalvo Dominga and Valdez Gelacio
Bought by
Cruz Constantino and Montalvo Dominga
Purchase Details
Closed on
Oct 9, 1998
Sold by
Hein C Cherie and Hein Paul D
Bought by
Montalvo Dominga and Valdez Gelacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.88%
Mortgage Type
FHA
Purchase Details
Closed on
May 10, 1996
Sold by
Hein C Cherie and Buckmaster Christina C
Bought by
Hein Paul D and Cherie Hein C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.78%
Mortgage Type
Balloon
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Cervantes Jose Estrada | $202,000 | Petra Title Llc | |
| Passanante Joseph | -- | None Available | |
| Partners In Charity | $55,000 | None Available | |
| Bank Of New York | -- | None Available | |
| Cruz Constantino | -- | -- | |
| Montalvo Dominga | $143,000 | -- | |
| Hein Paul D | -- | Fox Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cervantes Jose Estrada | $198,341 | |
| Previous Owner | Passanante Joseph | $500,000 | |
| Previous Owner | Passanante Joseph | $78,000 | |
| Previous Owner | Montalvo Dominga | $195,000 | |
| Previous Owner | Montalvo Dominga | $154,700 | |
| Previous Owner | Montalvo Dominga | $140,800 | |
| Previous Owner | Hein Paul D | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2018 10/16/18 | Sold | $202,000 | -1.3% | -- |
| 09/14/2018 09/14/18 | Pending | -- | -- | -- |
| 09/11/2018 09/11/18 | For Sale | $204,700 | -- | -- |
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 | $4,848 | $64,866 | $13,345 | $51,521 |
| 2022 | $4,238 | $54,875 | $12,168 | $42,707 |
| 2021 | $4,042 | $51,304 | $11,376 | $39,928 |
| 2020 | $3,920 | $48,977 | $10,860 | $38,117 |
| 2019 | $3,797 | $46,654 | $10,345 | $36,309 |
| 2018 | $4,345 | $43,951 | $9,746 | $34,205 |
| 2017 | $4,273 | $41,549 | $9,213 | $32,336 |
| 2016 | $4,111 | $38,546 | $8,547 | $29,999 |
| 2015 | -- | $35,331 | $7,834 | $27,497 |
| 2014 | -- | $34,895 | $7,737 | $27,158 |
| 2013 | -- | $35,815 | $7,941 | $27,874 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Pawlikowski
Seller's Agent in 2018
Grace Pawlikowski
Baird Warner
(630) 675-5656
73 Total Sales
-
S
Buyer's Agent in 2018
Sandra Arms
Berkshire Hathaway HomeServices Starck Real Estate
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10079556
APN: 06-23-278-015
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