NOT LISTED FOR SALE

494 N Walnut St South Elgin, IL 60177

Estimated Value: $230,000 - $318,000

3 Beds
2 Baths
1,733 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $88,000 $51 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,046/month

21 Days on Market

Highlights

  • Bonus Room
  • Den
  • Detached Garage
  • South Elgin High School Rated A-
  • Formal Dining Room
  • Enclosed Patio or Porch

About This Home

As of December 2012

****Multiple Offers**** All offers should be HIGHEST & BEST. All offers need to be submitted with a signed Multiple Offer Disclosure downloadable here. Spacious home on a large in-town lot. This home has been upgraded with new windows, oak kitchen cabinets and countertops, with walk-in-pantry, separate dining room, & enclosed porch. Detached 2-car garage. Days 13+: We will consider all offers.

Last Agent to Sell the Property

Thomas VanGundy

Results Realty Illinois INC Listed on: 11/06/2012

Last Buyer's Agent

Judy Lobianco Nelson

REMAX Horizon

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,555

Year Built

  • 1900

Lot Details

  • 8,712

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Den
  • Bonus Room
  • Breakfast Bar

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • $2,640 Seller Concession

Property Details

Home Type

Other

Est. Annual Taxes

$6,555

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Architectural Style: Farmhouse
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1900

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Number Of Rooms: 9
  • Basement: Partial, Walkout
  • Basement: Unfinished, Exterior Access
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 15X11
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X13
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X10
  • Third Bedroom Flooring: Hardwood
  • Living Room Level: Main Level
  • Living Room Size: 15X13
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X10
  • Dining Room Flooring: Hardwood
  • Family Room Level: 2nd Level
  • Family Room Size: 13X9
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 15X12
  • Laundry Level: Main Level
  • Laundry Size: 10X04
  • Additional Rooms: Bonus, Den, Enclosed Porch
  • Additional Room 1 Name: Bonus
  • Additional Room 1 Level: 2nd Level
  • Additional Room 1 Size: 9X8
  • Additional Room 1 Flooring: Vinyl
  • Additional Room 2 Name: Enclosed Porch
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 17X07
  • Additional Room 3 Name: Den
  • Additional Room 3 Level: Main Level
  • Additional Room 3 Size: 13X7
  • Additional Room 3 Flooring: Hardwood

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 131 X 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Dec 27, 2012
Sold by
Wells Fargo Bank Na
Bought by
Merritt Christopher J
Seller's Agent
Thomas VanGundy
Results Realty Illinois INC
Buyer's Agent
Judy Lobianco Nelson
REMAX Horizon
List Price
$69,900
Sold Price
$88,000
Premium/Discount to List
$18,100
25.89%
Current Estimated Value
$275,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,300
Avg. Annual Appreciation
9.93%
Original Mortgage
$70,400
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Miranda Palmira and Miranda Miranda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 15, 2002
Sold by
Mason Gloria
Bought by
Miranda Palmira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.56%
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
Merritt Christopher J $88,000 Wheatland Title Guaranty
Wells Fargo Bank Na -- Change Of Title Inc
Miranda Palmira $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrin Christopher J $110,000
Closed Merritt Christopher J $70,400
Previous Owner Palmira Miranda $180,800
Previous Owner Miranda Palmira $155,550
Previous Owner Miranda Palmira $128,000
Previous Owner Rios Fernando $40,000
Previous Owner Miranda Palmira $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $88,000 0.0% $51 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/24/2012 11/24/12 Off Market $88,000 -- --
11/06/2012 11/06/12 For Sale $69,900 -- $40 / 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 $6,555 $91,062 $19,391 $71,671
2023 $6,231 $82,267 $17,518 $64,749
2022 $5,939 $75,013 $15,973 $59,040
2021 $5,585 $70,132 $14,934 $55,198
2020 $5,412 $66,952 $14,257 $52,695
2019 $5,123 $63,776 $13,581 $50,195
2018 $5,015 $60,081 $12,794 $47,287
2017 $4,758 $56,798 $12,095 $44,703
2016 $4,521 $52,693 $11,221 $41,472
2015 -- $47,595 $10,285 $37,310
2014 -- $47,007 $10,158 $36,849
2013 -- $48,247 $10,426 $37,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08216318

Midwest Real Estate Data (MRED)

APN: 06-35-106-009