NOT LISTED FOR SALE

488 Columbia Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $233,000 - $314,000

5 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold July 25, 2012

Last sale price $47,499

Est. 490% increase in value since last sale

Current estimated payment $1,967/month

4 Days on Market

About This Home

As of July 2012

REO - BANK OWNED.PROP SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. Buyer/Buyer's Agent is responsible for utility activation related to inspections Listing Broker & Seller assume no responsibility & make no guarantees/warranties or representations as to the availability or accuracy of the property information, photographs or other information depicted/described herein.. CASH & CONV OFFERS. MOLD PRESENT

Last Agent to Sell the Property

Cheryl Rabin

Realhome Services & Solutions, Inc. License #471002039 Listed on: 06/15/2012

Last Buyer's Agent

John Robeznieks

Excellent Real Estate Services License #471016135

Property Details

Home Type

  • Other

Year Built

  • 1910

Lot Details

  • 8,712

Parking

  • 1

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Bartlett Elementary School
  • Bartlett High School

Property Details

Home Type

Other

Year Built

1910

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 9
  • Basement: Full
  • Basement: Finished

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Water: Public
  • Heat/Fuel: Gas

Condo/Co-op/Association

  • Units in Building: 2

Schools

  • Elementary School: Bartlett Elementary School
  • High School: Bartlett High School
  • Junior High Dist: 46
  • Junior High: Larsen Middle School

Lot Info

  • Lot Dimensions: 8712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jun 29, 2012
Sold by
Us Bank Na
Bought by
Miller Donald and Miller Amy
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
John Robeznieks
Excellent Real Estate Services
List Price
$35,000
Sold Price
$47,499
Premium/Discount to List
$12,499
35.71%
Current Estimated Value
$280,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,835
Avg. Annual Appreciation
14.11%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Cortes Gabino and Case #1 11 Cv 344
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 27, 2006
Sold by
Carbajal Eliseo
Bought by
Cortes Gabino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,920
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Carbajal Eliseo and Torres Araceli
Bought by
Carbajal Eliseo

Purchase Details

Closed on
Feb 29, 1996
Sold by
Keomanivong Kanhha and Keomanivong Thip
Bought by
Carbajal Eliseo and Torres Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,814
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Miller Donald $47,500 Chicago Title Insurance
U S Bank National Association -- None Available
Cortes Gabino $245,000 Atg
Carbajal Eliseo -- Chicago Title Insurance Comp
Carbajal Eliseo $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortes Gabino $195,920
Previous Owner Carbajal Eliseo $118,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2012 07/25/12 Sold $47,499 +35.7% --
06/19/2012 06/19/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $35,000 -- --
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 $6,039 $75,462 $18,065 $57,397
2023 $5,812 $68,174 $16,320 $51,854
2022 $5,018 $57,865 $14,881 $42,984
2021 $4,827 $54,100 $13,913 $40,187
2020 $4,710 $51,647 $13,282 $38,365
2019 $4,595 $49,197 $12,652 $36,545
2018 $4,582 $46,347 $11,919 $34,428
2017 $4,507 $43,815 $11,268 $32,547
2016 $4,335 $40,649 $10,454 $30,195
2015 -- $37,258 $9,582 $27,676
2014 -- $36,798 $9,464 $27,334
2013 -- $37,769 $9,714 $28,055
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cheryl Rabin

    Realhome Services & Solutions, Inc.

    (770) 612-7326

    329 Total Sales

    Cheryl Rabin
    Section Image

  • J

    Buyer's Agent in 2012

    John Robeznieks

    Excellent Real Estate Services

    (847) 380-1387

    1 Total Sale

    John Robeznieks
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08092309

Midwest Real Estate Data (MRED)

APN: 06-12-402-010

Illinois Kane County Elgin 60120 Northeast Elgin

488 Columbia Ave, Elgin, IL

Not Listed for Sale

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