NOT LISTED FOR SALE

500 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $274,857 - $308,000

4 Beds
2 Baths
1,450 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $169,000 $117 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,954/month

5 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Patio
  • Fenced Yard
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

Spacious, bright, 4 bed/2 ba ranch home in premium location across from Wing Park Golf Course! Recently updated kitchen with custom tile floor and granite counters. Refinished hardwood throughout main living area and 3 bedrooms. Huge finished lower level ideally set up as an in-law or teenager suite complete with family room, separate kitchen, generous bedroom with wic and full bath. Fenced in private yard w/shed.

Last Agent to Sell the Property

Joan Couris

Keller Williams Thrive License #475155965 Listed on: 06/15/2015

Keller Williams Thrive

Last Buyer's Agent

Raul Camacho

Rayma Realty Inc. License #471016784

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 6,186

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 23X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Attic: Full
  • Basement: Full
  • Basement: Finished, Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 9X7, On Level: Basement, Flooring: Other
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 16X10, On Level: Basement, Flooring: Ceramic Tile
  • Estimated Sq Ft: 1450
  • Family Room: Dimensions: 19X12, On Level: Basement, Flooring: Ceramic Tile

Exterior Features

  • Foundation: Block
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • 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

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 57X189X57X189
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0611355007

Tax Info

  • Taxes: 4525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Cortes Erick Sanchez and Martinez Erika
Bought by
Cortes Erick Sanchez and Martinez Erika J
Current Estimated Value
$297,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Outstanding Balance
$124,106
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$166,108

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 30, 2015
Sold by
Jenkins Gary W and Jenkins Janice
Bought by
Cortes Erick Sanchez and Martinez Erika
Seller's Agent
Joan Couris
Keller Williams Thrive
Buyer's Agent
Raul Camacho
Rayma Realty Inc.
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$165,938
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Jenkins Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2008
Sold by
Navarro Daniel C
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Oct 15, 1998
Sold by
Savaglio Patricia
Bought by
Barajas Jose A and Navarro Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,914
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cortes Erick Sanchez -- Precision Title
Cortes Erick Sanchez $169,000 Greater Illinois Title Co
Jenkins Gary W $135,000 First American Title
Deutsche Bank Trust Co Americas -- None Available
Barajas Jose A $127,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Erick Sanchez $154,700
Previous Owner Cortes Erick Sanchez $165,938
Previous Owner Jenkins Gary W $121,500
Previous Owner Barajas Jose A $125,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2015 07/30/15 Sold $169,000 0.0% $117 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $169,000 -- $117 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,864 $68,780 $20,014 $48,766
2023 $4,615 $62,137 $18,081 $44,056
2022 $4,393 $56,658 $16,487 $40,171
2021 $4,191 $52,971 $15,414 $37,557
2020 $4,065 $50,569 $14,715 $35,854
2019 $3,939 $48,170 $14,017 $34,153
2018 $3,893 $45,379 $13,205 $32,174
2017 $3,795 $42,899 $12,483 $30,416
2016 $3,605 $39,799 $11,581 $28,218
2015 -- $36,479 $10,615 $25,864
2014 -- $36,029 $10,484 $25,545
2013 -- $36,980 $10,761 $26,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08953720

Midwest Real Estate Data (MRED)

APN: 06-11-355-007