NOT LISTED FOR SALE

438 S 1st St West Dundee, IL 60118

Estimated Value: $397,856 - $478,000

4 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold June 30, 2023

Last sale price $360,000

Est. 20% increase in value since last sale

Current estimated payment $3,045/month

4 Days on Market

Highlights

  • 3 Car Detached Garage
  • Dundee Highlands Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of June 2023

* VERY RARE 3 UNIT IN THE HISTORIC DISTRIC W/ 3 CARAGE GARAGE * MAIN FLOOR IS A LARGE 2 BEDROOM WITH 2 NICE SIZED BEDROOMS - LIVING ROOM - DINING ROOM - SOME KITCHEN UPDFATES * 2 & 3RD UNITS ARE BOTH 1 BEDROOM UNITS * WE HAVE A LARGE 3 CAR GARAGE THAT EACH STALL CAN BE ASIGNED TO EACH OF THE 3 UNITS * THIS HOME IS WALKING DISTANCE TO DOWN TOWN WEST & EAST DUNDEE * GREAT LOCATION *

Last Agent to Sell the Property

Patrick West

Century 21 New Heritage West License #475119607 Listed on: 05/19/2023

Century 21 New Heritage West

Co-Listed By

Robert Byrgiel

CENTURY 21 New Heritage West License #475206842

Last Buyer's Agent

Louise Berger

RE/MAX Plaza License #471009973

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,940

Year Built

  • Built in 1901

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 63x150x63x151

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Shake Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • 3 Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,940

Year Built

Built in 1901

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 335000
  • Waterfront: No
  • Exterior Building Type: Shakes

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 63X150X63X151
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 7939.98
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 26, 2023
Sold by
Erickson Property Management Llc
Bought by
Medina Jazael
Seller's Agent
Patrick West
Century 21 New Heritage West
Buyer's Agent
Louise Berger
RE/MAX Plaza
List Price
$335,000
Sold Price
$360,000
Premium/Discount to List
$25,000
7.46%
Total Days on Market
4
Views
105
Current Estimated Value
$430,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,714
Avg. Annual Appreciation
9.58%
Original Mortgage
$342,000
Outstanding Balance
$335,745
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$94,969

Purchase Details

Closed on
Feb 8, 2023
Sold by
Newman Gerald T
Bought by
Erickson Property Management Llc

Purchase Details

Closed on
Apr 13, 1998
Sold by
Newman Mary Jane
Bought by
Newman Gerald T
Source: Public Records

Range of Values:

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Average Value
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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
Medina Jazael $360,000 None Listed On Document
Erickson Property Management Llc $118,500 --
Newman Gerald T $72,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Jazael $342,000
Previous Owner Erickson Property Management L $110,000
Previous Owner Erickson Property Management L $120,379
Previous Owner Newman Gerald T $180,000
Previous Owner Newman Gerald T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $360,000 +7.5% --
05/24/2023 05/24/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $335,000 -- --
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
2023 $9,107 $106,423 $17,663 $88,760
2022 $7,940 $90,125 $17,663 $72,462
2021 $7,689 $85,095 $16,677 $68,418
2020 $7,558 $83,182 $16,302 $66,880
2019 $7,341 $78,966 $15,476 $63,490
2018 $7,382 $77,403 $15,170 $62,233
2017 $7,064 $72,407 $14,191 $58,216
2016 $7,217 $70,107 $13,740 $56,367
2015 -- $64,193 $17,765 $46,428
2014 -- $62,420 $17,274 $45,146
2013 -- $64,331 $17,803 $46,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11787570

Midwest Real Estate Data (MRED)

APN: 03-27-232-020