NOT LISTED FOR SALE

485 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $296,000 - $361,268

3 Beds
3 Baths
1,975 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 29, 2016

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

Est. 134% increase in value since last sale

Current estimated payment $2,590/month

About This Home

As of February 2016

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!

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
$333,567

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
9.37%

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 Change Sq Ft Price
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
01/30/2016 01/30/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $129,900 -- $66 / Sq Ft

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
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

  • Larry Hines

    Seller's Agent in 2017

    Larry Hines

    RE/MAX

    (847) 875-7747

    87 Total Sales

    Larry Hines
    Section Image
  • Agnieszka Kakareko

    Buyer's Agent in 2017

    Agnieszka Kakareko

    Baird Warner

    (630) 400-2702

    112 Total Sales

    Agnieszka Kakareko
    Section Image

  • H

    Seller's Agent in 2016

    Heather Keller

    Keller Williams Inspire

    (312) 607-7928

    117 Total Sales

    Section Image
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Map

Illinois Kane County Elgin 60123 Grant Park

485 N Commonwealth Ave, Elgin, IL

This home is located at 485 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $333,567, approximately $168 per square foot. 485 N Commonwealth Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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