Seller's Agent in 2023
Paul Bednar
Real People Realty
(847) 987-7526
17 in this area
63 Total Sales
485 Mary Place Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $290,000 - $345,011
4
Beds
1.5
Baths
1,694
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- American Four Square Architecture
- Heated Sun or Florida Room
- Formal Dining Room
- Wood Flooring
- Granite Countertops
- 4-minute walk to Channing Park
About This Home
As of December 2023This classic 1910ish American Foursquare is located on a quiet street in the Elgin Historic District, a stately home that features a welcoming front porch and a large, private backyard. It has served the homeowners well for more than 30 years, but it is now time to find another family to enjoy all of its traditional charm. There's really nothing to concern a new owner in terms of the exterior, as the stucco was recently painted and will last many years. The inside is full of turn-of-the-century appeal -- hardwood floors (oak on the first floor, maple on the second), original wood trim, vintage light fixtures, special windows, french doors, a vintage tub and toilet. The walk-up attic could be finished to create even more cozy living space. The kitchen has been renovated to add cabinets and a soapstone counter, as well as a series of new windows, allowing light to flood the space. Maybe the best place to relax would be in the sunroom, or out on the pleasant patio/deck space in the backyard. Welcome to 485 Mary Place.
Last Agent to Sell the Property
Real People Realty License #475169028 Listed on: 10/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,117
Year Built
- Built in 1910 | Remodeled in 2002
Lot Details
- 8,756
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- American Four Square Architecture
- Brick Foundation
- Asphalt Roof
- Plaster
- Stucco
Interior Spaces
- 1,694 Sq Ft Home
- 2-Story Property
- Historic or Period Millwork
- Ceiling height of 9 feet or more
- Window Treatments
- Entrance Foyer
- Formal Dining Room
- Heated Sun or Florida Room
- Wood Flooring
- Storm Screens
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Patio
- Lot Dimensions are 63x140
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2023
Closed on
Dec 12, 2023
Sold by
Cook Kevin Lee and Cook Amy L
Bought by
Keafer Katherine and Sheffield Jeremy
Seller's Agent
Paul Bednar
Real People Realty
Buyer's Agent
Patricia Hannula
Great Western Properties
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
336
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,253
Avg. Annual Appreciation
1.94%
Original Mortgage
$270,000
Outstanding Balance
$266,017
Interest Rate
7.56%
Mortgage Type
New Conventional
Estimated Equity
$43,952
Purchase Details
Closed on
Mar 5, 2007
Sold by
Cook Kevin Lee and Cook Amy L
Bought by
Cook Kevin Lee and Cook Amy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,300
Interest Rate
6.27%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Keafer Katherine | $300,000 | None Listed On Document | |
| Cook Kevin Lee | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keafer Katherine | $270,000 | |
| Previous Owner | Cook Kevin Lee | $9,000 | |
| Previous Owner | Cook Kevin Lee | $93,300 | |
| Previous Owner | Cook Kevin Lee | $124,000 | |
| Previous Owner | Cook Kevin Lee | $97,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $300,000 | +0.3% | $177 / Sq Ft |
| 10/25/2023 10/25/23 | For Sale | $299,000 | -- | $177 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $5,676 | $78,922 | $16,308 | $62,614 |
| 2023 | $5,396 | $71,300 | $14,733 | $56,567 |
| 2022 | $5,117 | $65,013 | $13,434 | $51,579 |
| 2021 | $4,888 | $60,783 | $12,560 | $48,223 |
| 2020 | $4,545 | $55,834 | $11,990 | $43,844 |
| 2019 | $4,407 | $53,185 | $11,421 | $41,764 |
| 2018 | $4,042 | $46,880 | $10,759 | $36,121 |
| 2017 | $3,941 | $44,318 | $10,171 | $34,147 |
| 2016 | $3,745 | $41,115 | $9,436 | $31,679 |
| 2015 | -- | $37,686 | $8,649 | $29,037 |
| 2014 | -- | $37,221 | $8,542 | $28,679 |
| 2013 | -- | $43,397 | $8,767 | $34,630 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Bednar
-
Patricia Hannula
Buyer's Agent in 2023
Patricia Hannula
Great Western Properties
(847) 370-0890
1 in this area
106 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11912756
APN: 06-13-260-005
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