NOT LISTED FOR SALE

485 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $373,000 - $381,911

3 Beds
3 Baths
1,975 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $142,500 $72 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,761/month

Highlights

  • Wood Flooring
  • Heated Sun or Florida Room
  • Formal Dining Room
  • Main Floor Bedroom
  • Corner Lot
  • Attached Garage

About This Home

As of December 2017

Spacious 3 bedroom brick bath ranch with full basement, 2.1 baths, 1st floor family room with Fireplace, large lot with patio, fenced in area, Large rooms thru out, 2.5 car garage plus storage area, No section 8. No pit bulls!

Last Agent to Rent the Property

Larry Hines

RE/MAX Horizon License #475123873 Listed on: 09/26/2017

RE/MAX Horizon

Last Renter's Agent

Agnieszka Kakareko

Baird & Warner License #475171071

Baird & Warner

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,940

Year Built

  • 1961

Lot Details

  • Dog Run
  • Corner Lot

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Formal Dining Room
  • Heated Sun or Florida Room
  • Storage
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens
  • Breakfast Bar

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$8,940

Year Built

1961

Lot Details

0

Parking

2

Rental Info

  • Available: 10/01/2017
  • Fees Approvals: Credit Report
  • Lease Terms: 1 Year Lease

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Non-Smoking House
  • Type Detached: 1 Story
  • Age: 51-60 Years
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Interior Property Features: Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath, Storage
  • Number Of Rooms: 8
  • Equipment: TV-Cable, CO Detectors
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X12
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X14
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X15
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 16X15
  • Living Room Flooring: Wood Laminate
  • Living Room Window Treatments: Curtains/Drapes
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X17
  • Dining Room Flooring: Wood Laminate
  • Family Room Level: Main Level
  • Family Room Size: 15X12
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Kitchen Level: Main Level
  • Kitchen Size: 15X11
  • Kitchen Flooring: Vinyl
  • Laundry Level: Basement
  • Laundry Size: 5X6
  • Additional Rooms: Sun/Florida Room Heated
  • Additional Room 2 Name: Sun/Florida Room Heated
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 19X10

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Dog Run and/or Invisible Fence, Storms/Screens

Garage/Parking

  • Number of Cars: 2.5
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Pet Information: Deposit Required, Dogs OK, Pet Count Limitation, Pet Weight Limitation

Schools

  • High School: LARKIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 132 X 132
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2016
Sold by
Huang Peter Po Jen
Bought by
Li Ning and Li Hongwen
Current Estimated Value
$378,728

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 29, 2016
Sold by
Chicago Title Land Trust Company
Bought by
Huang Peter Po Jen
Seller's Agent
Heather Keller
Keller Williams Inspire
Buyer's Agent
Larry Hines
RE/MAX Horizon
List Price
$129,900
Sold Price
$142,500
Premium/Discount to List
$12,600
9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Oct 18, 2012
Sold by
Rahn Mari Lee and Rahn Laurence Wallace
Bought by
Chicago Title Land Trust Co

Purchase Details

Closed on
Dec 30, 2002
Sold by
Dow M Karen and Goodrich Mary Karen
Bought by
Rahn Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Li Ning -- None Available
Huang Peter Po Jen $142,500 Chicago Title Insurance Co
Chicago Title Land Trust Co $135,000 Chicago Title Insurance Comp
Rahn Richard R $108,000 Chicago Title Insurance Co
Rahn Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahn Richard R $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2017 12/10/17 Rented $1,895 0.0% --
09/26/2017 09/26/17 For Rent $1,895 0.0% --
02/29/2016 02/29/16 Sold $142,500 +9.7% $72 / Sq Ft View Prior Sale
01/30/2016 01/30/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $129,900 -- $66 / Sq Ft
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 $8,940 $111,713 $34,744 $76,969
2023 $8,603 $100,925 $31,389 $69,536
2022 $7,980 $92,026 $28,621 $63,405
2021 $7,676 $86,038 $26,759 $59,279
2020 $7,491 $82,137 $25,546 $56,591
2019 $7,307 $78,240 $24,334 $53,906
2018 $7,287 $73,707 $22,924 $50,783
2017 $7,167 $69,679 $21,671 $48,008
2016 $6,894 $64,643 $20,105 $44,538
2015 -- $59,251 $18,428 $40,823
2014 -- $58,519 $18,200 $40,319
2013 -- $60,063 $18,680 $41,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09761922

Midwest Real Estate Data (MRED)

APN: 06-11-357-005