NOT LISTED FOR SALE

457 E Chicago St Unit 59 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $339,000 - $367,000

4 Beds
3 Baths
3,004 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $165,000 $55 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,450/month

243 Days on Market

Highlights

  • Deck
  • Home Office
  • Formal Dining Room
  • McDade Elementary Classical School Rated 10
  • Walk-In Pantry
  • 2-minute walk to Channing Park

About This Home

As of September 2013

Beautifully renovated vintage home located in the Elgin Historical District! This former 2-unit has been de-converted with Elgin Neighborhood Stablization Program funds! All new electrical, plumbing & flooring thruout! Modern oversized kitchen! Antique bronze lighting & hardware thruout! Master bedroom suite includes walk-in closet! Central Air! Oversized yard! 20K down payment assistance available!

Last Agent to Sell the Property

Michael Simpson

Baird & Warner Real Estate - A License #471000639 Listed on: 10/26/2012

Baird & Warner Real Estate - A

Co-Listed By

Russ Morehead

Baird & Warner Real Estate - Algonquin

Last Buyer's Agent

Michael Simpson

Baird & Warner Real Estate - A License #471000639 Listed on: 10/26/2012

Baird & Warner Real Estate - A

Property Details

Home Type

  • Other

Year Built

  • 1872

Lot Details

  • 10,454

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Formal Dining Room
  • Home Office
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Home Type

Other

Year Built

1872

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Type Detached: 2 Stories
  • Special Features: None
  • Year Built: 1872

Interior Features

  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal, All Stainless Steel Kitchen Appliances
  • Interior Property Features: 2nd Floor Laundry
  • Number Of Rooms: 8
  • Equipment: CO Detectors, Ceiling Fan
  • Basement: Full
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 4
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 14X10
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X10
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 12X12
  • Living Room Flooring: Carpet
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 12X11
  • Dining Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 21X11
  • Kitchen Flooring: Ceramic Tile
  • Additional Rooms: Office
  • Additional Room 1 Name: Office
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 10X10
  • Additional Room 1 Flooring: Carpet

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete, Stone
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Frame
  • Exterior Property Features: Deck

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 62 X 432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Spencer and Karen
Bought by
Donald B Spencer And Karen M Spencer Joint Re
Current Estimated Value
$354,658

Purchase Details

Closed on
Dec 11, 2019
Sold by
Ordoqui Karen
Bought by
Spencer Donald and Spencer Karen

Purchase Details

Listed on
Oct 26, 2012
Closed on
Sep 26, 2013
Sold by
City Of Elgin
Bought by
Ordoqui Karen M
Seller's Agent
Michael Simpson
Baird & Warner Real Estate - A
Buyer's Agent
Michael Simpson
Baird & Warner Real Estate - A
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$20,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2010
Sold by
Fannie Mae
Bought by
The City Of Elgin

Purchase Details

Closed on
Sep 14, 2009
Sold by
Gallardo Faustino
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 7, 2003
Sold by
Espino Juan M and Espino Carmen H
Bought by
Gallardo Faustino and Benitez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1995
Sold by
Burge Richard W and Burge Marilyn
Bought by
Espino Juan M and Espino Carmen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,327
Interest Rate
7.52%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Donald B Spencer And Karen M Spencer Joint Re -- Reed Jeffrey M
Spencer Donald -- None Available
Ordoqui Karen M -- Chicago Title Insurance Comp
The City Of Elgin -- Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Gallardo Faustino $180,000 Atg
Espino Juan M $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordoqui Karen M $20,000
Previous Owner Gallardo Faustino $144,000
Previous Owner Espino Juan M $135,327
Closed Gallardo Faustino $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2013 09/26/13 Sold $165,000 -5.7% $55 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
05/13/2013 05/13/13 Price Changed $174,900 -2.8% $58 / Sq Ft
10/26/2012 10/26/12 For Sale $179,900 -- $60 / 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 $7,098 $104,691 $17,044 $87,647
2023 $6,699 $94,580 $15,398 $79,182
2022 $6,524 $86,240 $14,040 $72,200
2021 $6,212 $80,628 $13,126 $67,502
2020 $5,737 $73,903 $12,531 $61,372
2019 $5,144 $70,398 $11,937 $58,461
2018 $4,690 $62,507 $11,245 $51,262
2017 $4,550 $59,092 $10,631 $48,461
2016 $4,293 $54,822 $9,863 $44,959
2015 -- $46,974 $9,040 $37,934
2014 -- $46,394 $8,928 $37,466
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08209141

Midwest Real Estate Data (MRED)

APN: 06-13-401-002