NOT LISTED FOR SALE

467 S Liberty St Unit 69 Elgin, IL 60120

Southeast Elgin Neighborhood

Estimated Value: $399,705

7 Beds
4 Baths
-- Sq Ft
0.33 Acres

Last Sold December 11, 2015

Last sale price $87,875

Est. 355% increase in value since last sale

Current estimated payment $2,948/month

18 Days on Market

About This Home

As of December 2015

Great investment. 3 spacious units 7 bedrooms total. 4 full bathrooms total. Each unit pays their own utilities. Partially finished basement with exterior access. 3 car detached garage. 3200 square feet building! Auction Starts 11/21/2015 Auction ends 11/24/2015. PLEASE SEE ADDITIONAL DOCS FOR MORE INFO PRIOR TO BIDDING.

Last Agent to Sell the Property

Steven Wiskerchen

Partners Real Estate of IL License #471005538 Listed on: 11/12/2015

Last Buyer's Agent

Ruth Elders

HomeSmart Connect, LLC. License #471015220

HomeSmart Connect, LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.33

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

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

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 91700
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 15010
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 7004.98
  • Tax Year: 2014

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 4, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Cepeda Maria
Seller's Agent
Steven Wiskerchen
Partners Real Estate of IL
Buyer's Agent
Ruth Elders
HomeSmart Connect, LLC.
List Price
$91,700
Sold Price
$87,875
Premium/Discount to List
-$3,825
-4.17%
Current Estimated Value
$399,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,830
Avg. Annual Appreciation
16.74%

Purchase Details

Closed on
Mar 12, 2015
Sold by
Wright Richard and Wright Rick
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 18, 2010
Sold by
Wright Richard and Wright Katja
Bought by
Wright Richard

Purchase Details

Closed on
Mar 11, 2009
Sold by
467 & 469 S Liberty Llc
Bought by
Wright Richard and Wright Katja

Purchase Details

Closed on
Jan 19, 2006
Sold by
Wright Rick and Wright Katja
Bought by
467 & 469 S Liberty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 9, 2006
Sold by
Cortez David and Cortez Margarita
Bought by
Wright Rick and Wright Katja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 19, 1999
Sold by
Mendez Samuel
Bought by
Cortez David and Cortez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,367
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1997
Sold by
Mendez Nereida
Bought by
Mendez Samuel
Source: Public Records

Range of Values:

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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
Cepeda Maria $88,000 First American Title
Nationstar Mortgage Llc -- None Available
Wright Richard -- None Available
Wright Richard -- None Available
467 & 469 S Liberty Llc -- None Available
Wright Rick $290,000 Preferred Title Ins Agency
Cortez David $149,000 --
Mendez Samuel -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Katja $58,000
Previous Owner Wright Rick $232,000
Previous Owner Cortez David $25,000
Previous Owner Cortez David $168,000
Previous Owner Cortez David $172,500
Previous Owner Cortez David $7,500
Previous Owner Cortez David $146,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $87,875 -4.2% --
11/30/2015 11/30/15 Pending -- -- --
11/30/2015 11/30/15 Price Changed $91,700 +4.4% --
11/18/2015 11/18/15 Off Market $87,875 -- --
11/12/2015 11/12/15 For Sale $91,700 -- --
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 $9,240 $115,453 $16,747 $98,706
2023 $8,891 $104,303 $15,130 $89,173
2022 $7,606 $87,714 $13,796 $73,918
2021 $7,316 $82,006 $12,898 $69,108
2020 $7,140 $78,287 $12,313 $65,974
2019 $6,965 $74,573 $11,729 $62,844
2018 $6,946 $70,252 $11,049 $59,203
2017 $6,831 $66,413 $10,445 $55,968
2016 $6,571 $61,613 $9,690 $51,923
2015 -- $56,474 $8,882 $47,592
2014 -- $55,776 $8,772 $47,004
2013 -- $57,247 $9,003 $48,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09084974

Midwest Real Estate Data (MRED)

APN: 06-24-229-015