494 N Commonwealth Ave Elgin, IL 60123
Grant Park Neighborhood
2
Beds
2
Baths
1,266
Sq Ft
6,098
Sq Ft Lot
Highlights
- Wood Flooring
- Heated Enclosed Porch
- Attached Garage
- Tudor Architecture
- Fenced Yard
- Forced Air Heating System
About This Home
As of March 2018CHARMING & SPACIOUS brick tudor with marvelous location near Wing Park! Beautiful new hardwood floors in living & dining rooms plus woodburning fireplace, crown mldgs & built-ins! Original hardwood in bedrooms! New carpeting in 1st floor family room & sunroom! Updated main bath with newer tile floor & shower surround, toilet & pedestal sink. Generous size bedrooms! Back yard has nice storage shed & new perimeter fence! Newer garage door. Exterior trim & most interior walls have been recently painted. Large unfinished basement, solid foundation.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,227
Year Built
- 1933
Lot Details
- Fenced Yard
Parking
- Attached Garage
- Driveway
- Garage Is Owned
Home Design
- Tudor Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Wood Burning Fireplace
- Heated Enclosed Porch
- Wood Flooring
- Storm Screens
- Dryer
Kitchen
- Oven or Range
- Dishwasher
Unfinished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2021
Sold by
Fisher Mary E
Bought by
Sleeman Bryan N
Total Days on Market
55
Current Estimated Value
Purchase Details
Listed on
Jan 5, 2018
Closed on
Mar 21, 2018
Sold by
Dufelmeier Joan
Bought by
Fisher Mary E
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Bob Wisdom
RE/MAX Horizon
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Purchase Details
Listed on
Dec 17, 2013
Closed on
Feb 14, 2014
Sold by
Merlean John F and Mcerlean Bernadine C
Bought by
Dufelmeier Joan
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Brian Knott
RE/MAX Horizon
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$135,000
Interest Rate
4.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 27, 1996
Sold by
Mckeeve Janet M and Huffer Janet M
Bought by
Mcerlean John F and Mcerlean Bernadine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 1996
Sold by
Huffer Suzanne and Huffer Alan
Bought by
Mcerlean John F and Mcerlean Bernadine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Similar Home in Elgin, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $170,000 | First American Title | |
| Warranty Deed | $125,000 | First American Title | |
| Warranty Deed | $78,000 | Chicago Title Insurance Co | |
| Executors Deed | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,345 | FHA | |
| Previous Owner | $135,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $70,800 | Unknown | |
| Previous Owner | $75,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2018 03/21/18 | Sold | $170,000 | -5.5% | $134 / Sq Ft |
| 03/01/2018 03/01/18 | Pending | -- | -- | -- |
| 02/16/2018 02/16/18 | Price Changed | $179,900 | -5.3% | $142 / Sq Ft |
| 02/02/2018 02/02/18 | For Sale | $189,900 | 0.0% | $150 / Sq Ft |
| 01/16/2018 01/16/18 | Pending | -- | -- | -- |
| 01/05/2018 01/05/18 | For Sale | $189,900 | +51.9% | $150 / Sq Ft |
| 02/14/2014 02/14/14 | Sold | $125,000 | +0.1% | $99 / Sq Ft |
| 12/17/2013 12/17/13 | Pending | -- | -- | -- |
| 12/17/2013 12/17/13 | For Sale | $124,900 | -- | $99 / 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 |
|---|---|---|---|---|
| 2023 | $6,227 | $81,051 | $18,081 | $62,970 |
| 2022 | $5,888 | $73,905 | $16,487 | $57,418 |
| 2021 | $5,629 | $69,096 | $15,414 | $53,682 |
| 2020 | $5,469 | $65,963 | $14,715 | $51,248 |
| 2019 | $5,308 | $62,834 | $14,017 | $48,817 |
| 2018 | $5,259 | $59,194 | $13,205 | $45,989 |
| 2017 | $5,138 | $55,959 | $12,483 | $43,476 |
| 2016 | $4,897 | $51,915 | $11,581 | $40,334 |
| 2015 | -- | $47,585 | $10,615 | $36,970 |
| 2014 | -- | $46,998 | $10,484 | $36,514 |
| 2013 | -- | $48,238 | $10,761 | $37,477 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Knott
Seller's Agent in 2018
Brian Knott
RE/MAX
(847) 269-9870
5 in this area
173 Total Sales
-
Bob Wisdom
Buyer's Agent in 2018
Bob Wisdom
RE/MAX
(847) 695-8348
9 in this area
685 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09827243
APN: 06-11-355-008
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