NOT LISTED FOR SALE

461 Park St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $265,000 - $300,000

4 Beds
2 Baths
-- Sq Ft
6,055 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $54,075

Est. 419% increase in value since last sale

Current estimated payment $1,834/month

104 Days on Market

Highlights

  • Wooded Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Fenced Yard

About This Home

As of August 2014

HISTORIC DISTRICT,RESIDENTIAL AREA,CLOSE TO EVERYTHING.TWO UNITS IN THIS HOME.EACH UNIT HAS 2 BEDROOMS AND ONE BATHROOM.HOME HAS 1 CAR GARAGE.FENCED IN BACK YARD. NEEDS WORK BUT IT COULD BE AN EXCELLENT RENTAL INVESTMENT. TAX PRORATED AT 100%. SOLD AS IS.NO DISCLOSURES. LENDERS OWNED.NO SURVEY.CASH ONLY!

Last Agent to Sell the Property

Halina Verzani

HomeSmart Connect LLC License #471007814 Listed on: 04/25/2014

HomeSmart Connect LLC

Co-Listed By

Peter Verzani

HomeSmart Connect LLC License #475139145

Last Buyer's Agent

Halina Verzani

HomeSmart Connect LLC License #471007814 Listed on: 04/25/2014

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 63x96
  • Fenced Yard
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,055 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights

Fee Information

  • Other Expenses $: 00

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 63X96
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3533
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Aug 1, 2014
Sold by
The Bank New York Mellon
Bought by
Arshad Mairaj
Seller's Agent
Halina Verzani
HomeSmart Connect LLC
Buyer's Agent
Halina Verzani
HomeSmart Connect LLC
List Price
$50,000
Sold Price
$54,075
Premium/Discount to List
$4,075
8.15%
Current Estimated Value
$280,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,582
Avg. Annual Appreciation
15.40%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Palomar Jorge A
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 31, 2003
Sold by
Maul Arthur D and Trice Maul Denise
Bought by
Godinez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,410
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2002
Sold by
Maul Arthur D and Trice Maul Denise
Bought by
Maul Arthur D and Trice Maul Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.99%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Maul Kathryn L
Bought by
Maul Arthur D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
6.91%
Mortgage Type
Stand Alone First
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
Arshad Mairaj $54,500 Multiple
The Bank Of New York Mellon -- None Available
Godinez Fernando $185,000 Chicago Title Insurance Comp
Maul Arthur D -- --
Maul Arthur D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godinez Fernando $166,410
Previous Owner Maul Arthur D $136,000
Previous Owner Maul Arthur D $121,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $54,075 0.0% --
05/01/2014 05/01/14 Off Market $54,075 -- --
04/25/2014 04/25/14 For Sale $50,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,658 $66,203 $13,687 $52,516
2023 $4,416 $59,809 $12,365 $47,444
2022 $3,868 $50,603 $11,275 $39,328
2021 $3,686 $47,310 $10,541 $36,769
2020 $3,572 $45,165 $10,063 $35,102
2019 $3,458 $43,023 $9,586 $33,437
2018 $3,424 $40,531 $9,031 $31,500
2017 $3,324 $38,317 $8,538 $29,779
2016 $3,151 $35,548 $7,921 $27,627
2015 -- $32,583 $7,260 $25,323
2014 -- $32,180 $7,170 $25,010
2013 -- $33,029 $7,359 $25,670
Source: Public Records

Agents Affiliated with this Home

  • Halina Verzani

    Seller's Agent in 2014

    Halina Verzani

    The McDonald Group

    (847) 899-4185

    40 Total Sales

    Halina Verzani
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Peter Verzani

    The McDonald Group

    (847) 217-2776

    33 Total Sales

    Peter Verzani
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08596495

Midwest Real Estate Data (MRED)

APN: 06-13-251-001

Illinois Kane County Elgin 60120 Gifford Park

461 Park St, Elgin, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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