Seller's Agent in 2019
Bob Wisdom
RE/MAX
(847) 695-8348
4 in this area
683 Total Sales
427 Fulton St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $492,000 - $717,000
6
Beds
6
Baths
4,320
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Hot Water Heating System
- Heating System Uses Steam
- 3-minute walk to James T Gifford Park
About This Home
As of September 2019Wow! Here's a great investment! Owner has worked hard to maintain this solid all brick 6 flat close to downtown! Up to date with the city! Nice deep lot with 3 1/2 car garage and off street parking! New concrete walkways! Unit 1 features oak cabinetry and stained glass! Unit 2-larger kitchen with separate eating area! Unit 3-2 possible bedrooms, one with double door entry! Unit 4-white cabinetry, double doors to bedroom! Unit 5-bedroom with sitting area & stained glass! Unit 6-hardwood floors! All units with private entry, some with front & rear doors! Lower level utility area with coin operated laundry! Owner hates to sell! Pride of ownership! Allow at least 24 hours notice for showings!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,939
Year Built
- Built in 1889
Lot Details
- 8,581 Sq Ft Lot
- Lot Dimensions are 64x133x65x133
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Membrane Roofing
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,320 Sq Ft Home
- 3-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Window Unit Cooling System
- Radiator
- Hot Water Heating System
- Heating System Uses Steam
- 200+ Amp Service
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $249
- Fuel Expense $2,100
- Insurance Expense $2,083
- Trash Expense $1,039
- Water Sewer Expense $1,664
- Operating Expense $17,531
- Gross Income $53,280
- Net Operating Income $35,749
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2019
Closed on
Sep 30, 2019
Sold by
Evans William B and Evans Kay Gg
Bought by
Rra Properties Llc
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%
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
$155,495
Avg. Annual Appreciation
5.54%
Original Mortgage
$307,500
Outstanding Balance
$274,577
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$284,150
Purchase Details
Closed on
Aug 26, 2014
Sold by
Evans William B and Evans Kay G
Bought by
William B & Kay G Evans Joint Tenancy Tr
Purchase Details
Closed on
Aug 11, 2014
Sold by
Evans William B and Evans Kay G
Bought by
Evans William B and Evans Kay G
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 |
|---|---|---|---|
| Rra Properties Llc | $410,000 | Fidelity National Title | |
| Evans William B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rra Properties Llc | $307,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $410,000 | -4.6% | $95 / Sq Ft |
| 08/24/2019 08/24/19 | Pending | -- | -- | -- |
| 08/20/2019 08/20/19 | For Sale | $429,900 | -- | $100 / Sq Ft |
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 | $10,553 | $123,800 | $17,967 | $105,833 |
| 2022 | $9,788 | $112,884 | $16,383 | $96,501 |
| 2021 | $9,416 | $105,539 | $15,317 | $90,222 |
| 2020 | $9,189 | $100,753 | $14,622 | $86,131 |
| 2019 | $8,964 | $95,973 | $13,928 | $82,045 |
| 2018 | $8,939 | $90,413 | $13,121 | $77,292 |
| 2017 | $9,254 | $89,972 | $13,057 | $76,915 |
| 2016 | $8,902 | $83,469 | $12,113 | $71,356 |
| 2015 | -- | $76,507 | $11,103 | $65,404 |
| 2014 | -- | $75,563 | $10,966 | $64,597 |
| 2013 | -- | $77,556 | $11,255 | $66,301 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Wisdom
-
Christopher Davis
Buyer's Agent in 2019
Christopher Davis
Inspire Realty Group LLC
(847) 489-3476
15 in this area
361 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10491550
APN: 06-13-332-004
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