NOT LISTED FOR SALE

50 N Commonwealth Ave Elgin, IL 60123

Estimated Value: $248,000 - $302,000

3 Beds
1 Bath
1,436 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $135,000 $94 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,912/month

27 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of March 2018

No FHA regular mortgages here; FHA 203K or CONV. or CASH ONLY! Upper bath has leaks which are shown in DR and LR; Also, additional leak going to bsmt; This is an excellent FLIP! Great neighborhood close to schools and shopping and pub.transportation; Newer windows, shake shingle roof, furnace & AC; Nice covered deck in rear; large treed backyard; newer 2 car garage; Hardwood floors can be refinished; Home has great bones just needs some tender loving care! Basement has rec.room possibilities; Basement has 1/2 bath but not currently working; Owner is executor of this ESTATE SALE! Current owner is NOT doing any repairs! Home is AS IS! However, this is a diamond in the rough! Disclosures are online!

Last Agent to Sell the Property

Richard Grieger

Inspire Realty Group LLC License #471006595 Listed on: 11/04/2017

Last Buyer's Agent

Juan Carlos Dominguez

Zamudio Realty Group License #475143293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,146

Year Built

  • 1918

Lot Details

  • East or West Exposure
  • Wooded Lot

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Screened Porch
  • Wood Flooring
  • Storm Screens

Kitchen

  • Walk-In Pantry
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,146

Year Built

1918

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Colonial
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1918
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, CO Detectors
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished, Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 13X09, On Level: Main Level, Flooring: Vinyl, Windows: Curtains/Drapes
  • Kitchen Type: Pantry-Walk-in
  • Additional Rooms: Pantry
  • Master Bedroom: Dimensions: 11X09, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Pantry, Dimensions: 07X05, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 17X10, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 15X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1436
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Wood Shakes/Shingles
  • Exterior Property Features: Deck, Porch, Porch Screened, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.1852

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 46
  • Elementary School: WASHINGTON ELEMENTARY SCHOOL
  • Middle School: ABBOTT MIDDLE SCHOOL
  • High School: LARKIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 63 X 132
  • Lot Description: Wooded
  • Parcel Identification Number: 0614301013

Tax Info

  • Taxes: 3599.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Lopez Dulce M Bravo and Hernandez Armando
Bought by
Hernadez Armando and Lopez Dulce M
Total Days on Market
27
Current Estimated Value
$264,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Outstanding Balance
$96,130
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$168,087

Purchase Details

Closed on
Nov 2, 2018
Sold by
Hernandez Armando and Hernandez Francisca
Bought by
Bravo Lopez Dulce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Villalobos Erik
Bought by
Hernandez Armando and Hernandez Fransisca

Purchase Details

Closed on
Aug 25, 2017
Sold by
Moore Cynthia and Villaobos Ii Ramiro
Bought by
Villalobos Erik
Source: Public Records

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Range of Values:

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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
Hernadez Armando -- Stewart
Bravo Lopez Dulce M $140,000 Attorneys Title Guaranty Fun
Hernandez Armando $135,000 Chicago Title Ins Co
Villalobos Erik -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernadez Armando $133,600
Closed Bravo Lopez Dulce M $135,800
Previous Owner Villalobos Ramiro $79,021
Previous Owner Villalobos Ramiro $86,268
Previous Owner Villalobos Ramiro $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $135,000 -6.8% $94 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $144,900 -- $101 / 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 $5,146 $68,366 $15,009 $53,357
2022 $4,885 $62,338 $13,686 $48,652
2021 $4,664 $58,281 $12,795 $45,486
2020 $4,527 $55,638 $12,215 $43,423
2019 $4,390 $52,999 $11,636 $41,363
2018 $4,451 $51,020 $10,962 $40,058
2017 $3,829 $48,232 $10,363 $37,869
2016 $3,599 $44,746 $9,614 $35,132
2015 -- $41,014 $8,812 $32,202
2014 -- $40,507 $8,703 $31,804
2013 -- $41,576 $8,933 $32,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09794106

Midwest Real Estate Data (MRED)

APN: 06-14-301-013