499 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $323,000 - $365,000
3
Beds
3
Baths
2,016
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Sun or Florida Room
- Game Room
- Wood Flooring
- Corner Lot
- Attached Garage
About This Home
As of August 2019CHARMING COLONIAL has been lovingly maintained by present owner for 46 years! Gorgeous hardwood & built-ins, bannister railings, crown moldings & spacious, bright rooms! Delightful living room w/wood-burning fireplace & formal dining room. Updated kitchen has attractive cabinetry, newer countertops & flooring, wonderful breakfast area! Brand new boiler in 2019! Foyer & kitchen ceilings are freshly painted! Enjoy the beautiful sunroom year round w/wood burning stove & original Anderson slide-by windows overlooking splendid 1/3 acre corner lot! Built-in dressers in BR closets. Finished bsmt includes family room, game room & newer bath with walk-in shower! U.S. Waterproofing drain tile system w/sump pump! Huge floored attic, newer water heater. Nice rear patio, expanded garage. Excellent location near Wing Park, public transportation & main arterial roads.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,019
Year Built
- 1932
Lot Details
- 10,019
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Colonial Architecture
- Slab Foundation
- Asphalt Shingled Roof
- Rubber Roof
- Aluminum Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Wood Burning Fireplace
- Attached Fireplace Door
- Entrance Foyer
- Dining Area
- Game Room
- Sun or Florida Room
- Storage Room
- Wood Flooring
- Storm Screens
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Gas
Additional Features
- Patio
- Corner Lot
- Property is near a bus stop
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2019
Closed on
Aug 19, 2019
Sold by
Hopkins Catherine M and Catherine M Hopkins Trust No 1
Bought by
Lara Maria D
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Art Zamudo
Casablanca
List Price
$209,900
Sold Price
$202,000
Premium/Discount to List
-$7,900
-3.76%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,008
Avg. Annual Appreciation
9.33%
Original Mortgage
$181,800
Outstanding Balance
$163,569
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$174,973
Purchase Details
Listed on
May 19, 2019
Closed on
Jul 1, 2019
Sold by
Hopkins Michael W and Hopkins Michael
Bought by
Hopkins Catherine M
Seller's Agent
Brian Knott
RE/MAX Horizon
Buyer's Agent
Art Zamudo
Casablanca
List Price
$209,900
Sold Price
$202,000
Premium/Discount to List
-$7,900
-3.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Outstanding Balance
$163,569
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$174,973
Purchase Details
Closed on
Aug 1, 1996
Sold by
Hopkins Catherine M
Bought by
Hopkins Catherine M and Catherine M Hopkins Trust #1
Similar Homes in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lara Maria D | $202,000 | Attorneys Ttl Guaranty Fund | |
| Hopkins Catherine M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lara Maria D | $181,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2019 08/20/19 | Sold | $202,000 | -3.8% | $100 / Sq Ft |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- |
| 05/19/2019 05/19/19 | For Sale | $209,900 | -- | $104 / 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 | $8,019 | $102,075 | $22,350 | $79,725 |
| 2022 | $7,550 | $93,074 | $20,379 | $72,695 |
| 2021 | $7,228 | $87,018 | $19,053 | $67,965 |
| 2020 | $7,029 | $83,072 | $18,189 | $64,883 |
| 2019 | $4,570 | $79,131 | $17,326 | $61,805 |
| 2018 | $4,837 | $74,546 | $16,322 | $58,224 |
| 2017 | $6,117 | $70,473 | $15,430 | $55,043 |
| 2016 | $6,333 | $65,380 | $14,315 | $51,065 |
| 2015 | -- | $59,927 | $13,121 | $46,806 |
| 2014 | -- | $59,187 | $12,959 | $46,228 |
| 2013 | -- | $60,748 | $13,301 | $47,447 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Knott
Seller's Agent in 2019
Brian Knott
RE/MAX
(847) 269-9870
5 in this area
174 Total Sales
-
Art Zamudo
A
Buyer's Agent in 2019
Art Zamudo
Casablanca
(847) 514-0900
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10385215
APN: 06-11-357-001
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