422 Locust St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $286,000 - $319,000
3
Beds
3
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of April 20192 Unit property license with the city of Elgin that has been rehab recently, new interior paint, new flooring thru-out. This home has a Victorian charm with a wrap around porch. Newer water heater, new siding & roof. Granite counter tops. 2 full baths in the 3 bedrooms unit & second unit is a studio, this property also offer newer refrigerator, stove & a 3 car garage with ample parking. Main water line is copper.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,260
Year Built
- Built in 1880 | Remodeled in 2018
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 60x150
Parking
- 3 Car Detached Garage
- No Garage
- Parking Space is Owned
Home Design
- Asphalt Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2018
Closed on
Apr 1, 2019
Sold by
Kouros Chris
Bought by
Sixtos Jose Manuel Rojas
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Todd Couture
Brokerocity Inc
List Price
$199,900
Sold Price
$191,468
Premium/Discount to List
-$8,432
-4.22%
Total Days on Market
50
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
$111,171
Avg. Annual Appreciation
7.74%
Original Mortgage
$191,468
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
May 25, 2006
Sold by
Stewart Donald D and Stewart Penny L
Bought by
Kouros Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,360
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 23, 2004
Sold by
Stewart Penny L
Bought by
Stewart Donald D and Stewart Penny L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
9.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 12, 1997
Sold by
Rechsteiner James E
Bought by
Stewart Penny L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.73%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 6, 1995
Sold by
Rechsteiner Ernest
Bought by
Rechsteiner Ernest C
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
Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sixtos Jose Manuel Rojas | $292,500 | Attorney | |
| Kouros Chris | $145,500 | Preferred Title Ins Agency | |
| Stewart Donald D | -- | First American Title Ins | |
| Stewart Penny L | -- | -- | |
| Rechsteiner Ernest C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rojas Sixtos Jose Manuel | $191,978 | |
| Closed | Sixtos Jose Manuel Rojas | $191,468 | |
| Previous Owner | Kouros Chris | $116,360 | |
| Previous Owner | Stewart Donald D | $129,500 | |
| Previous Owner | Stewart Donald D | $110,500 | |
| Previous Owner | Stewart Donald D | $96,300 | |
| Previous Owner | Stewart Penny L | $65,000 | |
| Previous Owner | Stewart Penny L | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2019 04/01/19 | Sold | $191,468 | 0.0% | -- |
| 03/30/2019 03/30/19 | Off Market | $191,468 | -- | -- |
| 01/21/2019 01/21/19 | Pending | -- | -- | -- |
| 01/04/2019 01/04/19 | For Sale | $199,900 | 0.0% | -- |
| 12/18/2018 12/18/18 | Pending | -- | -- | -- |
| 12/12/2018 12/12/18 | For Sale | $199,900 | +4.4% | -- |
| 12/07/2018 12/07/18 | Off Market | $191,468 | -- | -- |
| 12/02/2018 12/02/18 | For Sale | $199,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $5,620 | $75,656 | $18,030 | $57,626 |
| 2022 | $4,910 | $62,630 | $16,440 | $46,190 |
| 2021 | $4,689 | $58,554 | $15,370 | $43,184 |
| 2020 | $4,551 | $55,899 | $14,673 | $41,226 |
| 2019 | $4,413 | $53,247 | $13,977 | $39,270 |
| 2018 | $4,366 | $50,162 | $13,167 | $36,995 |
| 2017 | $4,260 | $47,422 | $12,448 | $34,974 |
| 2016 | $4,052 | $43,994 | $11,548 | $32,446 |
| 2015 | -- | $40,325 | $10,585 | $29,740 |
| 2014 | -- | $39,827 | $10,454 | $29,373 |
| 2013 | -- | $40,878 | $10,730 | $30,148 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Zamudio
Seller's Agent in 2019
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
3 in this area
625 Total Sales
-
Juan Carlos Dominguez
Seller Co-Listing Agent in 2019
Juan Carlos Dominguez
Zamudio Realty Group
(847) 514-9869
1 in this area
76 Total Sales
-
Todd Couture
Buyer's Agent in 2019
Todd Couture
Brokerocity Inc
(847) 471-1434
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10147997
APN: 06-14-409-026
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