NOT LISTED FOR SALE

450 Stella St Unit 54 Elgin, IL 60120

Estimated Value: $436,000 - $486,941

7 Beds
3 Baths
-- Sq Ft
4,835 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $417,000

Est. 11% increase in value since last sale

Current estimated payment $3,198/month

24 Days on Market

Highlights

  • Rowhouse Architecture
  • Corner Lot
  • Forced Air Heating System

About This Home

As of May 2022

MULTIPLE OFFERS RECEIVED. H&B BY TUESDAY 4/5 ,AT 12PM. Welcome to 450-452-454 Stella St, 3 Side by Side Multifamily, known as the F.M. Wills Flats, was built in 1888, by notable Elgin Builder. This is a perfect example of the Queen Anne/Row House style with Eastlake details. Its significant architectural features include its intricate brickwork, bay windows, stained glass in almost every window and its elaborate front porches. Same gorgeous character of the outside continues inside with some unique features inside like detailed woodwork, double sided staircases, leaded windows. Full basements with hookups for washer and dryer in all 3 units. Unit 450, (corner of Channing), offers 3 bedrooms, 1 bath, Units 452 and 454 have 2 bedrooms, 1 bath. All have large living rooms, dining rooms and kitchens on the first level. All exterior walls are insulated as well as the wall between units for sound proofing. Same proud owner for 35 years has taken really good care of this building. Could generate good income in todays prices. Walk to downtown Elgin, Festival Park, train station, shopping, etc. Minutes from I90. Street parking. Because every single detail on this building has been taken care off by proud owner in order to sell it in perfect condition, property is SOLD AS IS. Showings for the 3 units will be Saturday April 3rd and Sunday April 4th from 1 to 3 p.m. Sorry for the limited time for now.

Last Agent to Sell the Property

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 03/26/2022

RE/MAX Horizon

Last Buyer's Agent

Patti Besler

Caliber Realty Solutions License #471009887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,141

Year Built

  • Built in 1888

Lot Details

  • Lot Dimensions are 66x73
  • Corner Lot

Home Design

  • Rowhouse Architecture
  • Queen Anne Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • Uncovered Parking
  • Off-Street Parking

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,141

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Queen Anne, Row House
  • New Construction: No
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Other
  • List Price: 379900
  • Lot Features: Corner Lot
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • Number of Cars: 0
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

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

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 66X73
  • 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: 7141.42
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
May 20, 2022
Sold by
Levis Franklin E
Bought by
Galsanpurev Badamnorov and Khukhuu Ganchimeg
Seller's Agent
Ana Torelli
RE/MAX Horizon
Buyer's Agent
Patti Besler
Caliber Realty Solutions
List Price
$379,900
Sold Price
$417,000
Premium/Discount to List
$37,100
9.77%
Current Estimated Value
$462,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,485
Avg. Annual Appreciation
3.06%
Original Mortgage
$312,750
Outstanding Balance
$299,311
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$163,174
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
Galsanpurev Badamnorov $417,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galsanpurev Badamnorov $312,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $417,000 +9.8% --
04/21/2022 04/21/22 For Sale $379,900 0.0% --
04/20/2022 04/20/22 Pending -- -- --
04/05/2022 04/05/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $379,900 -- --
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 $9,266 $115,788 $13,612 $102,176
2023 $8,917 $104,605 $12,297 $92,308
2022 $7,607 $87,730 $11,213 $76,517
2021 $7,318 $82,021 $10,483 $71,538
2020 $7,141 $78,302 $10,008 $68,294
2019 $6,966 $74,587 $9,533 $65,054
2018 $6,890 $70,266 $8,981 $61,285
2017 $683,216 $66,426 $8,490 $57,936
2016 $6,572 $61,625 $7,876 $53,749
2015 -- $56,485 $7,219 $49,266
2014 -- $55,788 $7,130 $48,658
2013 -- $57,260 $7,318 $49,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358003

Midwest Real Estate Data (MRED)

APN: 06-13-451-009