D
Seller's Agent in 2014
Dave Willuweit
J.W. Reedy Realty
(630) 606-6655
8 Total Sales
478 E Chicago St Unit 80 Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $383,000 - $455,159
8
Beds
6
Baths
--
Sq Ft
8,015
Sq Ft Lot
Highlights
- Brownstone
- Ceiling Fan
- 3-minute walk to Channing Park
- 4 Car Detached Garage
About This Home
As of August 2014EXCELLENT INVESTMENT - INCOME PROPERTY. HAS AN OFFICE AND STORAGE, NEW STUCCO CEILINGS, NEW PAINT, CERAMIC TILE BATHS, TILE KITCHENS, NEW FAUCETS, SINKS, PLUMBING, TOILETS AND LIGHT FIXTURES AND NEW W/HEATERS. ONLY MINUTES FROM DOWNTOWN, RIVERBOAT, OR I-90. "AS-IS" SALE. SHORT SALE.
Last Agent to Sell the Property
J.W. Reedy Realty License #475127243 Listed on: 11/14/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,476
Lot Details
- Lot Dimensions are 61x132
Parking
- 4 Car Detached Garage
- Parking Space is Owned
Home Design
- Brownstone
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 6 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Schools
- Ellis Middle School
Utilities
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- Gross Income $42,000
- Net Operating Income $28,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2021
Sold by
Erickson Robert C
Bought by
Alfaro Mario
Current Estimated Value
Purchase Details
Listed on
Nov 14, 2013
Closed on
Jul 29, 2014
Sold by
Kenworthy Craig S
Bought by
Erickson Robert
Seller's Agent
Dave Willuweit
J.W. Reedy Realty
Buyer's Agent
Ron Ewing
RE/MAX Horizon
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$160,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2008
Sold by
Levenson Joel
Bought by
Kenworth Craig S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2006
Sold by
Mccune Jeremy
Bought by
Levenson Joel
Purchase Details
Closed on
Mar 1, 2004
Sold by
Ramirez Guadalupe V and Ramirez Maria L
Bought by
Mccune Jeremy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,600
Interest Rate
5.77%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alfaro Mario | $310,000 | Premier Title | |
| Erickson Robert | $200,000 | Pntn Inc | |
| Kenworth Craig S | $280,000 | Chicago Title Insurance Co | |
| Levenson Joel | -- | None Available | |
| Mccune Jeremy | $392,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Erickson Robert | $160,000 | |
| Previous Owner | Kenworth Craig S | $210,000 | |
| Previous Owner | Levenson Joel | $405,000 | |
| Previous Owner | Levenson Joel M | $391,500 | |
| Previous Owner | Mccune Jeremy | $380,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2014 08/01/14 | Sold | $200,000 | -11.1% | -- |
| 03/09/2014 03/09/14 | Pending | -- | -- | -- |
| 11/14/2013 11/14/13 | For Sale | $225,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $9,435 | $110,675 | $16,429 | $94,246 |
| 2022 | $8,073 | $93,104 | $14,980 | $78,124 |
| 2021 | $7,766 | $87,045 | $14,005 | $73,040 |
| 2020 | $7,579 | $83,098 | $13,370 | $69,728 |
| 2019 | $7,393 | $79,156 | $12,736 | $66,420 |
| 2018 | $7,372 | $74,570 | $11,998 | $62,572 |
| 2017 | $7,251 | $70,495 | $11,342 | $59,153 |
| 2016 | $6,975 | $65,400 | $10,522 | $54,878 |
| 2015 | -- | $59,945 | $9,644 | $50,301 |
| 2014 | -- | $59,205 | $9,525 | $49,680 |
| 2013 | -- | $60,766 | $9,776 | $50,990 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Willuweit
-
Ron Ewing
Buyer's Agent in 2014
Ron Ewing
RE/MAX
(847) 697-9404
86 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08487935
APN: 06-13-260-012
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