$125,000
SOLD FEB 14, 2014

494 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood
2 Beds
2 Baths
1,266 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

Highlights

  • Wood Flooring
  • Heated Enclosed Porch
  • Attached Garage
  • Tudor Architecture
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of March 2018

BRICK TUDOR w/fireplace, crown mldgs & built-ins. Hardwood floors in bedrooms. Updated bath with new tile floor & shower surround, new toilet & pedestal sink. Exterior trim & most interior walls have been freshly painted. Some additional updating & landscaping could make this a showplace!

Last Agent to Sell the Property

Brian Knott

RE/MAX Horizon License #475142989 Listed on: 12/17/2013

RE/MAX Horizon

Last Buyer's Agent

Brian Knott

RE/MAX Horizon License #475142989 Listed on: 12/17/2013

RE/MAX Horizon

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,227

Year Built

1933

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Tudor
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1933
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1933

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Dryer
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished, Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: All
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Additional Rooms: Enclosed Porch Heated
  • Master Bedroom: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Enclosed Porch Heated, Dimensions: 17X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 10X9, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1266
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Electricity: Fuses
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 46
  • Elementary School: HIGHLAND ELEMENTARY SCHOOL
  • Middle School: KIMBALL MIDDLE SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 61X108
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0611355008

Tax Info

  • Taxes: 4712.06

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
0
Current Estimated Value
$287,078

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08505078

Midwest Real Estate Data (MRED)

APN: 06-11-355-008