NOT LISTED FOR SALE

501 Hammond Ave Elgin, IL 60120

Southeast Elgin Neighborhood

Estimated Value: $151,000 - $266,000

4 Beds
2 Baths
1,407 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2014

Last sale price $45,551 $32 Per Sq Ft

Est. 404% increase in value since last sale

Current estimated payment $1,663 / mo

41 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 4-minute walk to Unity Park
  • Detached Garage

About This Home

As of February 2014

"The Grantee(s), or purchaser(s), of the Property may not transfer title within 60 days of sale. Bank of America, N.A. employees and employees' household members and HTS business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly."

Last Agent to Sell the Property

Tomas Linge

Chicagoland Brokers Inc. License #475139351 Listed on: 11/21/2013

Chicagoland Brokers Inc.

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 7,536

Parking

  • Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

7,536 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Traditional
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1900
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Vinyl
  • Attic: Finished, Interior Stair
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X16, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Vinyl
  • Bedroom 3: Dimensions: 12X10, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 4: Dimensions: 8X10, On Level: Main Level, Flooring: Vinyl
  • Estimated Sq Ft: 1407

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 2
  • Driveway: Asphalt

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 63 X 95
  • Parcel Identification Number: 0625226006

Tax Info

  • Taxes: 2823.22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Feb 14, 2014
Sold by
Bought by
Seller's Agent
Tomas Linge
Chicagoland Brokers Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$55,000
Sold Price
$45,551
Premium/Discount to List
-$9,449
-17.18%
Current Estimated Value
$229,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,103
Avg. Annual Appreciation
14.09%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$46,000 None Available
-- None Available
-- None Available
$152,000 Atg
$125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2014 02/25/14 Sold $45,551 -17.9% $32 / Sq Ft
01/07/2014 01/07/14 Price Changed $55,500 +0.9% $39 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $55,000 -- $39 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,343 $66,759 $15,015 $51,744
2023 $5,141 $60,312 $13,565 $46,747
2022 $4,769 $54,994 $12,369 $42,625
2021 $4,587 $51,415 $11,564 $39,851
2020 $4,311 $47,272 $11,040 $36,232
2019 $4,206 $45,029 $10,516 $34,513
2018 $3,327 $33,649 $9,907 $23,742
2017 $3,272 $31,811 $9,366 $22,445
2016 $3,148 $29,512 $8,689 $20,823
2015 -- $27,050 $7,964 $19,086
2014 -- $26,716 $7,866 $18,850
2013 -- $30,834 $8,073 $22,761
Source: Public Records

Agents Affiliated with this Home

  • Tomas Linge

    Seller's Agent in 2014

    Tomas Linge

    Chicagoland Brokers Inc.

    (708) 415-0170

    13 Total Sales

    Tomas Linge
    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08493134

Midwest Real Estate Data (MRED)

APN: 06-25-226-006

Illinois Kane County Elgin 60120 Southeast Elgin

501 Hammond Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.