NOT LISTED FOR SALE

462 S Edison Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $272,000 - $289,000

3 Beds
2 Baths
1,470 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $146,500 $100 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,947/month

128 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Fenced Yard
  • Wood Flooring
  • Sun or Florida Room
  • Detached Garage

About This Home

As of September 2019

Excellent opportunity to own this Cape Cod in Sunset Park boosting first floor master bedroom with hardwood floors. Two full bathrooms (1st and 2nd floor). Spacious Living Room and Dinning Room, three-season sun porch. All appliances stay. Whole-house fan. Circuit breaks. Location is perfect -- can walk to Elgin Mall, El Faro's or grocery store. Minutes to ECC, Metra Station, Randall Road Shopping Corridor, Elgin's Rec Center and Library.

Last Agent to Sell the Property

John Monino

Re/Max Premier License #471006284 Listed on: 04/09/2019

Re/Max Premier

Co-Listed By

Todd Gilson

Re/Max Premier License #475137286

Last Buyer's Agent

Ignacio Alvarez

Class REALTORS® License #471001020

Home Details

Home Type

  • Single Family

Year Built

  • 1948

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Sun or Florida Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1948

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1948
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: Humidifier, TV-Cable, Ceiling Fan, Fan-Whole House
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 12X09, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Sunroom, Dimensions: 08X13, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 15X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Estimated Sq Ft: 1470
  • Dining Room Type: Separate
  • Family Room: Dimensions: 10X23, On Level: Basement, Flooring: Other, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.1424

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 50 125
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0622280032

Tax Info

  • Taxes: 4370.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 21, 2019
Sold by
Mtglq Investors Lp
Bought by
Lara Franciso H and Morales Claudia I
Seller's Agent
John Monino
Re/Max Premier
Buyer's Agent
Ignacio Alvarez
Class REALTORS®
List Price
$139,900
Sold Price
$146,500
Premium/Discount to List
$6,600
4.72%
Current Estimated Value
$281,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,196
Avg. Annual Appreciation
10.55%
Original Mortgage
$143,846
Outstanding Balance
$126,112
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$155,584

Purchase Details

Closed on
Nov 17, 2018
Sold by
Deleon Ruiz Ubertino and Deleon Ruiz Andreita
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Dec 19, 2003
Sold by
Lamz James A
Bought by
Ruiz Ubertino and Ruiz Andreita Deleon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Kumro Thomas D and Kumro Marilyn J
Bought by
Lamz James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lara Franciso H $146,500 Fidelity National Title
Mtglq Investors Lp -- Attorney
Ruiz Ubertino $160,000 Pntn
Lamz James A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Franciso H $143,846
Previous Owner Ruiz Ubertino $151,900
Previous Owner Lamz James A $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $146,500 +4.7% $100 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $139,900 0.0% $95 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $139,900 0.0% $95 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $139,900 -3.5% $95 / Sq Ft
05/08/2019 05/08/19 For Sale $145,000 0.0% $99 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $145,000 -- $99 / Sq Ft
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 $5,581 $77,743 $16,849 $60,894
2023 $5,305 $70,235 $15,222 $55,013
2022 $5,033 $64,042 $13,880 $50,162
2021 $4,807 $59,875 $12,977 $46,898
2020 $4,666 $57,160 $12,389 $44,771
2019 $4,525 $54,448 $11,801 $42,647
2018 $4,478 $51,293 $11,117 $40,176
2017 $4,370 $48,491 $10,510 $37,981
2016 $4,158 $44,986 $9,750 $35,236
2015 -- $41,234 $8,937 $32,297
2014 -- $40,725 $8,827 $31,898
2013 -- $41,799 $9,060 $32,739
Source: Public Records

Agents Affiliated with this Home

  • John Monino

    Seller's Agent in 2019

    John Monino

    RE/MAX

    (630) 417-2300

    67 Total Sales

    John Monino
    Section Image
  • Todd Gilson

    Seller Co-Listing Agent in 2019

    Todd Gilson

    RE/MAX

    (630) 774-3383

    59 Total Sales

    Todd Gilson
    Section Image

  • I

    Buyer's Agent in 2019

    Ignacio Alvarez

    Class REALTORS®

    (847) 754-5950

    1 in this area

    44 Total Sales

    Ignacio Alvarez
    Section Image

  • J

    Buyer's Agent in 2019

    Jessica Meaker

    Coldwell Banker The Real Estate Group

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10337678

Midwest Real Estate Data (MRED)

APN: 06-22-280-032

Illinois Kane County Elgin 60123 Southwest Elgin

462 S Edison Ave, Elgin, IL

Not Listed for Sale

Detached

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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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