NOT LISTED FOR SALE

Estimated Value: $229,000 - $275,000

3 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $200,000

Est. 29% increase in value since last sale

Current estimated payment $1,700/month

Highlights

  • Farmhouse Style Home
  • Porch
  • Entrance Foyer
  • Balcony
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of December 2021

**(1st) Buyer's financing fell through in the 11th hour (2nd) Got cold feet after completing A/I** INVESTORS!! rent out both units and make passive income or live in one unit and rent out the other. This 2 unit property offers separate entrances, 2 covered porches, with shared laundry in the basement. Conveniently located near express ways, walking distance to downtown and the Metra station. Updates done to both kitchens and bathrooms. Hardwood floor under the carpet in the lower unit. Rent ready! A/C 2020, (2) Water heaters 2019, all appliances 2018-2019, washer & dryer 2019, furnace 2016 and roof in 2010. ** Completed on property: (2) Inspections & A/I periods, (1) FHA Appraisal, (2) City of Elgin Rental Inspections - the last in 2019 & received a 3 year grace period for above satisfactory condition**

Last Agent to Sell the Property

Christopher Davis

Inspire Realty Group LLC License #471020520 Listed on: 11/05/2021

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Paved or Partially Paved Lot

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,216

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Porch
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 44X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3215.66
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 17, 2021
Sold by
Degrande Tayler J
Bought by
Varela Jannice
Seller's Agent
Christopher Davis
Inspire Realty Group LLC
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$257,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,523
Avg. Annual Appreciation
6.51%
Original Mortgage
$196,377
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2017
Sold by
Mapes Ann L and Mapes Donald L
Bought by
Degrande Tayler J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1998
Sold by
Mapes Donald L and Mapes Ann L
Bought by
Mapes Donald L and Mapes Ann L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Varela Jannice $200,000 First American Title
Degrande Tayler J $130,000 Chicago Title Insurance Co
Mapes Donald L -- --
Mapes Ann L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Jannice $196,377
Previous Owner Degrande Tayler J $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $200,000 0.0% --
11/06/2021 11/06/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $200,000 -- --
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 $4,206 $60,557 $11,701 $48,856
2023 $3,982 $54,709 $10,571 $44,138
2022 $3,488 $46,226 $9,639 $36,587
2021 $3,320 $43,218 $9,012 $34,206
2020 $3,216 $41,258 $8,603 $32,655
2019 $3,110 $39,301 $8,195 $31,106
2018 $3,067 $37,024 $7,720 $29,304
2017 $3,600 $35,001 $7,298 $27,703
2016 $3,463 $32,472 $6,771 $25,701
2015 -- $29,763 $6,206 $23,557
2014 -- $29,395 $6,129 $23,266
2013 -- $30,171 $6,291 $23,880
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11264057

Midwest Real Estate Data (MRED)

APN: 06-13-181-007