NOT LISTED FOR SALE

450 Sherman Ave Elgin, IL 60120

Elgin National Watch Historic District Neighborhood

Estimated Value: $271,986 - $339,000

4 Beds
3 Baths
-- Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: October 8, 2013

Last sale price $125,000

Est. 153% increase in value since last sale

Current estimated payment $2,176 / mo

53 Days on Market

About This Home

As of October 2013

REHABBED TWO-FLAT ON LARGE LOT WITH AMPLE PARKING AND DETACHED 2 CAR GARAGE. BUILDING HAS NEW BOILER AND APPLIANCES. GOOD EXISTING TENANTS PAY $1800 PER MONTH, PAY ALL UTILITIES, AND MAINTAIN PROPERTY. THIS IS A CASH COW FOR AN INVESTOR.

Last Agent to Sell the Property

Patrick Jage

Sterling Realty & Prop Mgt LLC License #471001727 Listed on: 06/28/2013

Last Buyer's Agent

Patrick Jage

Sterling Realty & Prop Mgt LLC License #471001727 Listed on: 06/28/2013

Property Details

Home Type

  • Other

Year Built

  • 1889

Lot Details

  • 0.35

Parking

  • Unassigned Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Property Details

Home Type

Other

Year Built

1889

Lot Details

0.35 Acres

Parking

2

Interior Features

  • Total # Of Rooms: 9
  • Basement: Full
  • Basement: Partially Finished

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar, Frame
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 6
  • Parking: Unassigned
  • Parking Type: Garage, Space/s

Utilities

  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 15,503 SQ FT

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Oct 2, 2013
Sold by
Bought by
Seller's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
Buyer's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%
Current Estimated Value
$316,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,160
Avg. Annual Appreciation
7.40%
Original Mortgage
$100,000
Interest Rate
0.045%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 13, 2012
Closed on
Nov 26, 2012
Sold by
Bought by
Seller's Agent
Michelle Monino
Vylla Home
Buyer's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
List Price
$60,900
Sold Price
$53,000
Premium/Discount to List
-$7,900
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.72%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
0.075%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,902
Interest Rate
0.0704%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$125,000 Chicago Title Insurance Comp
$53,000 None Available
-- None Available
-- Law Title Insurance
$133,000 --
$74,333 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $100,000
Closed $270,000
Closed $200,000
Closed $181,000
Closed $144,000
Closed $131,902
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2013 10/08/13 Sold $125,000 -13.7% --
08/20/2013 08/20/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $144,900 +173.4% --
12/06/2012 12/06/12 Sold $53,000 -3.5% -- View Prior Sale
11/16/2012 11/16/12 Price Changed $54,900 -9.9% --
11/14/2012 11/14/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $60,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,612 $70,131 $17,095 $53,036
2023 $5,401 $63,358 $15,444 $47,914
2022 $4,665 $53,799 $14,082 $39,717
2021 $4,488 $50,299 $13,166 $37,133
2020 $4,379 $48,018 $12,569 $35,449
2019 $4,272 $45,740 $11,973 $33,767
2018 $4,260 $43,090 $11,279 $31,811
2017 $4,190 $40,736 $10,663 $30,073
2016 $4,031 $37,792 $9,892 $27,900
2015 $4,746 $34,640 $9,067 $25,573
2014 $4,746 $34,212 $8,955 $25,257
2013 $4,746 $35,114 $9,191 $25,923
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patrick Jage

    Sterling Realty & Prop Mgt LLC

    Section Image

  • M

    Seller's Agent in 2012

    Michelle Monino

    Vylla Home

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08380911

Midwest Real Estate Data (MRED)

APN: 06-24-202-022

Illinois Kane County Elgin 60120 Elgin National Watch Historic District

450 Sherman Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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