$124,000
SOLD FEB 20, 2025
2 Beds
2 Baths
1,200 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

38% Below List Price

136 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Ceramic Tile Flooring
  • Living Room
  • Entrance Foyer
  • Forced Air Heating System

About This Home

As of February 2025

This property offers an updated Two bedroom, Two bath home along with a separate Brick commercial building that has an address of 530 W. Highland Ave. 'RB' Residence/Business zoning allows either or both uses for the property. The house is rented through May of 2025 at $1200 month. The brick building is vacant. Brick building has one room on the main floor plus a basement with 1/2 bath. The parking lot and retaining wall will need repairs per the City of Elgin and the new owner will need to sign off on that prior to closing. Sale "As Is."

Last Agent to Sell the Property

Ben Henrikson

RE/MAX Horizon License #475091643 Listed on: 08/27/2024

Last Buyer's Agent

Dolly Ramaker

Baird & Warner License #475212703

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 164.70x103x115

Home Design

  • Ranch Style House

Interior Spaces

  • 1,200 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 12 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,932

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1200
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Square Footage Comments: house approx. 950 SF, brick building approx. 250SF
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

  • ParkingTotal: 12
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 164.70X103X115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2932
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Feb 18, 2025
Sold by
Cuming Holdings Llc
Bought by
Stefania Vending Llc
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Dolly Ramaker
Baird & Warner
List Price
$199,000
Sold Price
$124,000
Premium/Discount to List
-$75,000
-37.69%
Views
1025
Current Estimated Value
$132,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,230
Avg. Annual Appreciation
7.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $124,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $124,000 -34.4% $103 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
11/20/2024 11/20/24 Price Changed $189,000 -5.0% $158 / Sq Ft
09/30/2024 09/30/24 For Sale $199,000 +60.5% $166 / Sq Ft
09/17/2024 09/17/24 Off Market $124,000 -- --
08/27/2024 08/27/24 For Sale $199,000 -- $166 / 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 $3,047 $38,077 $15,176 $22,901
2023 $2,932 $34,399 $13,710 $20,689
2022 $2,720 $31,366 $12,501 $18,865
2021 $2,616 $29,325 $11,688 $17,637
2020 $2,553 $27,995 $11,158 $16,837
2019 $2,491 $26,667 $10,629 $16,038
2018 $2,484 $25,122 $10,013 $15,109
2017 $2,627 $25,537 $10,179 $15,358
2016 $2,746 $25,751 $10,264 $15,487
2015 -- $23,603 $9,408 $14,195
2014 -- $35,692 $20,418 $15,274
2013 -- $36,634 $20,957 $15,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12134523

Midwest Real Estate Data (MRED)

APN: 06-14-257-013