NOT LISTED FOR SALE

423 Hill Ave Elgin, IL 60120

Estimated Value: $154,000 - $249,000

1 Bed
1 Bath
800 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $32,000 $40 Per Sq Ft

Est. 532% increase in value since last sale

Current estimated payment $1,410/month

11 Days on Market

About This Home

As of March 2013

REO - REHAB STARTED BUT NEVER COMPLETED. NICE SIZED LOT WITH ROOM FOR EXPANSION & A GARAGE. CONVENIENT LOCATION NEAR LIBERTY & SUMMIT. SOLD "AS IS" BUYER PAYS SURVEY, TAX PRO 100%, CASH ONLY!

Last Agent to Sell the Property

Daryl Wilfong

Charles Rutenberg Realty of IL Listed on: 12/03/2012

Last Buyer's Agent

Georgiana Sinnett

Compass License #475127350

Compass

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,040

Lot Details

  • 8,712

Home Design

  • Aluminum Siding

Interior Spaces

  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Heating System Uses Gas

Property Details

Home Type

Other

Est. Annual Taxes

$4,040

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1 Story
  • Special Features: 20

Interior Features

  • Number Of Rooms: 5
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X7
  • Living Room Level: Main Level
  • Living Room Size: 13X11
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Kitchen Level: Main Level
  • Kitchen Size: 14X12
  • Additional Rooms: Den
  • Additional Room 1 Name: Den
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 7X7

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 8712 SF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2013
Sold by
Function Properties Llc
Bought by
Austin Holdings Llc Iii
Current Estimated Value
$202,276

Purchase Details

Listed on
Dec 3, 2012
Closed on
Mar 8, 2013
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Function Properties Llc
Seller's Agent
Daryl Wilfong
Charles Rutenberg Realty of IL
Buyer's Agent
Georgiana Sinnett
Compass
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Closed on
Nov 5, 2012
Sold by
Kiel Dorothy and Kiel Warren H
Bought by
The Bank Of New York Trust Company Na

Purchase Details

Closed on
Feb 18, 2005
Sold by
Kiel Warren and Kiel Dorothy
Bought by
Kiel Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,700
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Boytor James G and Boytor Peggy K
Bought by
Kiel Warren and Kiel Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Austin Holdings Llc Iii -- Fidelity National Title
Function Properties Llc $32,000 Chicago Title Insurance Comp
The Bank Of New York Trust Company Na $27,720 None Available
Kiel Dorothy -- Chicago Title Insurance Comp
Kiel Warren $105,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiel Dorothy $98,700
Previous Owner Kiel Warren $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $32,000 -8.3% $40 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $34,900 -- $44 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $4,040 $50,488 $12,559 $37,929
2023 $3,888 $45,612 $11,346 $34,266
2022 $3,606 $41,591 $10,346 $31,245
2021 $3,469 $38,885 $9,673 $29,212
2020 $3,264 $35,793 $9,234 $26,559
2019 $3,184 $34,095 $8,796 $25,299
2018 $2,869 $29,023 $8,286 $20,737
2017 $2,822 $27,437 $7,833 $19,604
2016 $2,715 $25,454 $7,267 $18,187
2015 -- $23,331 $6,661 $16,670
2014 -- $24,279 $6,579 $17,700
2013 -- $28,126 $6,753 $21,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08229250

Midwest Real Estate Data (MRED)

APN: 06-12-461-001