NOT LISTED FOR SALE

492 Laurel St Elgin, IL 60120

Estimated Value: $265,000 - $307,234

3 Beds
1 Bath
1,574 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $215,000 $137 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,933/month

3 Days on Market

Highlights

  • Recreation Room
  • Victorian Architecture
  • Detached Garage
  • Main Floor Bedroom
  • Mud Room
  • Porch

About This Home

As of February 2021

Totally updated home with great curb appeal in Elgin. Excellent curb appeal with raised garden beds, front porch, rounded living room, and detached garage. Huge, updated kitchen with maple cabinets, granite counters, stainless steel appliances, large island with eating space. Bathroom is updated and features built-ins. Tons of potential with completely unfinished 2nd floor with high ceilings that could easily double the square footage of home. Architecturally unique living room with tons of windows. Family room with fireplace with gas logs. 2 main floor bedrooms plus additional room that could be 3rd bedroom or office. Oversized windows bring in ample natural light throughout home. Finished basement with exterior access features large 2nd family room, bonus room (could be another office), workshop area, and plenty of room for laundry. Charming covered front porch for enjoying warmer weather. New hot water heater. All appliances stay with home. Perfect home for gardener - Yard includes thornless blackberries, two plum trees, gooseberries, onions, garlic chives, and heirloom tomatoes that grow every year. This is the perfect combination of modern amenities with historic character.

Last Agent to Sell the Property

Cody Salter

Great Western Properties License #471004276 Listed on: 01/14/2021

Last Buyer's Agent

Christopher Davis

Inspire Realty Group LLC License #471020520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,330

Year Built

  • 1872

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned
  • Garage Is Owned

Home Design

  • Victorian Architecture
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room Downstairs
  • Recreation Room
  • Finished Basement
  • Exterior Basement Entry
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,330

Year Built

1872

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Victorian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1872
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1872

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath, 10' Ceiling
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X13, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs, Gas Starter
  • Attic: Full, Interior Stair, Unfinished
  • Fireplace Location: Family Room
  • Basement: Finished, Exterior Access
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 16X13, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: Mud Room, Recreation Room, Family Room - Down, Foyer
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level
  • Additional Room 2 Name: Mud, Dimensions: 13X5, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 20X12, On Level: Basement
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level
  • Additional Room 4 Name: Family Room - Down, Dimensions: 16X12, On Level: Basement
  • Additional Room 5 Name: Foyer, Dimensions: 11X5, On Level: Main Level
  • Estimated Sq Ft: 1574
  • Family Room: Dimensions: 15X13, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch, Storms/Screens
  • Exposure: S (South)
  • Acreage: 0.18

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66X116
  • Parcel Identification Number: 0613403022

Tax Info

  • Taxes: 4256.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 23, 2021
Sold by
Mcdonald Singleton and White Rose
Bought by
Mcdonald Singleton and White Mcdonald Rose
Seller's Agent
Cody Salter
Great Western Properties
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%
Current Estimated Value
$284,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,059
Avg. Annual Appreciation
6.15%

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 13, 2021
Sold by
Wilson Ethan and Counter Kristine
Bought by
White Rose and Mc Donald Singleton
Seller's Agent
Cody Salter
Great Western Properties
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$188,810
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$95,249

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 6, 2015
Sold by
Kovacs Matthew R and Mccoy Elisabeth
Bought by
Wilson Ethan and Counter Kristine
Seller's Agent
Jeff Burnett
Xposure Realty LLC
Buyer's Agent
Melissa Simonek
Century 21 Circle
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$119,920
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 30, 2014
Sold by
Bmo Harris Bank Na
Bought by
Kovacs Matthew R and Mccoy Elisabeth
Seller's Agent
Doug Van Vleet
Buyer's Agent
Jeff Burnett
Xposure Realty LLC
List Price
$85,900
Sold Price
$85,000
Premium/Discount to List
-$900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
286.03%

Purchase Details

Closed on
Jul 7, 2014
Sold by
Heilmann Charles K
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Apr 20, 2013
Sold by
Heilmann Julia M and Heilmann Charles K
Bought by
Heilmann Julia M
Source: Public Records

Range of Values:

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Average Value
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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
Mcdonald Singleton -- None Available
White Rose $215,000 Saturn Title Llc
Wilson Ethan $150,000 Fidelity National Title
Kovacs Matthew R $85,000 First American Title
Bmo Harris Bank Na -- None Available
Heilmann Julia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Rose $211,105
Previous Owner Wilson Ethan $119,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $215,000 +7.5% $137 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $200,000 +33.4% $127 / Sq Ft
03/06/2015 03/06/15 Sold $149,900 0.0% $95 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $149,900 0.0% $95 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $149,900 0.0% $95 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $149,900 +76.4% $95 / Sq Ft
10/03/2014 10/03/14 Sold $85,000 -1.0% $64 / Sq Ft View Prior Sale
09/19/2014 09/19/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $85,900 -- $64 / 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 $5,330 $76,602 $14,525 $62,077
2023 $5,217 $69,204 $13,122 $56,082
2022 $4,951 $63,102 $11,965 $51,137
2021 $4,728 $58,995 $11,186 $47,809
2020 $4,391 $54,147 $10,679 $43,468
2019 $4,257 $51,578 $10,172 $41,406
2018 $3,648 $42,894 $9,583 $33,311
2017 $3,554 $40,550 $9,059 $31,491
2016 $3,372 $37,619 $8,404 $29,215
2015 -- $34,481 $7,703 $26,778
2014 -- $34,055 $7,608 $26,447
2013 -- $39,744 $7,809 $31,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10970684

Midwest Real Estate Data (MRED)

APN: 06-13-403-022