NOT LISTED FOR SALE

50 S Grove Ave Unit 622 Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $149,589 - $202,000

1 Bed
1 Bath
-- Sq Ft
$305/mo HOA Fee

Last Sold March 19, 2012

Last sale price $44,100

Est. 286% increase in value since last sale

Current estimated payment $1,456/month

197 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • 1-minute walk to Riverside Drive Promenade

About This Home

As of March 2012

This property is now under auction terms. Pre-sale offers should be submitted through the Hudson & Marshall website. This is a reserve auction and all offers are subject to seller approval. There is not a set minimum or starting bid on this property

Last Agent to Sell the Property

Dennis Rusin

Cornerstone Realty, Inc. License #471009551 Listed on: 06/07/2011

Last Buyer's Agent

John Nesheiwat

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,518

HOA Fees

  • $305 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,518

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Type Attached: Condo
  • Unit Floor Level: 6
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 15X15, On Level: Main Level
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X14, On Level: Main Level

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Heat Pump

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment/Association Fees: 305
  • Assessment Includes: Water, Gas, Common Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 93
  • Number Stories: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2013
Sold by
Desheiwat John J
Bought by
Desheiwat Lana D
Current Estimated Value
$170,397

Purchase Details

Closed on
Jan 6, 2012
Sold by
Fannie Mae
Bought by
Nesheiwat John

Purchase Details

Closed on
Apr 25, 2011
Sold by
Sanchez Rene L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 13, 2007
Sold by
Rsc Elgin Llc
Bought by
Sanchez Rene L and Sanchez Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,900
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Desheiwat Lana D -- None Available
Nesheiwat John $44,100 Service Link
Federal National Mortgage Association -- None Available
Sanchez Rene L $199,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Rene L $193,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $44,100 0.0% --
11/17/2011 11/17/11 Off Market $44,100 -- --
10/28/2011 10/28/11 Price Changed $64,900 -10.5% --
10/12/2011 10/12/11 Price Changed $72,500 -6.5% --
09/16/2011 09/16/11 Price Changed $77,500 -13.8% --
08/16/2011 08/16/11 Price Changed $89,900 -5.3% --
07/14/2011 07/14/11 Price Changed $94,900 -7.9% --
06/07/2011 06/07/11 For Sale $103,000 -- --
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 $2,518 $37,538 $3,176 $34,362
2022 $2,448 $34,228 $2,896 $31,332
2021 $2,320 $32,001 $2,708 $29,293
2020 $2,239 $30,550 $2,585 $27,965
2019 $2,157 $29,100 $2,462 $26,638
2018 $2,127 $27,414 $2,319 $25,095
2017 $2,048 $25,916 $2,192 $23,724
2016 $1,924 $24,043 $2,034 $22,009
2015 -- $22,037 $1,864 $20,173
2014 -- $22,843 $1,841 $21,002
2013 -- $25,320 $1,890 $23,430
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dennis Rusin

    Cornerstone Realty, Inc.

    (847) 338-7800

    10 Total Sales

    Dennis Rusin
    Section Image

  • J

    Buyer's Agent in 2012

    John Nesheiwat

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07826938

Midwest Real Estate Data (MRED)

APN: 06-14-433-118

Illinois Kane County Elgin 60120 Downtown Elgin

50 S Grove Ave Unit 622, Elgin, IL

This home is located at 50 S Grove Ave Unit 622, Elgin, IL 60120 since 07 June 2011 and is currently estimated at $170,397. 50 S Grove Ave Unit 622 is a home located in Kane County with nearby schools including Channing Memorial Elementary School, Ellis Middle School, and Elgin High School.

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