NOT LISTED FOR SALE

Estimated Value: $228,000 - $317,000

3 Beds
2 Baths
2,100 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $282,000 $134 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,861/month

37 Days on Market

About This Home

As of July 2024

This renovated single-family home in Elgin, IL features a modern and updated design. The home has three bedrooms and two bathrooms, providing ample space for a family or individual. The exterior of the home boasts a fresh coat of paint and new landscaping, adding to the curb appeal. Inside, the home has been completely renovated with new flooring, lighting fixtures, and fresh paint throughout. The kitchen has been updated with new cabinets, countertops, and stainless steel appliances. The bathrooms have also been renovated with new vanities, fixtures, and tile work. The bedrooms are spacious and have ample closet space for storage. Outside, there is a large backyard with a patio, perfect for outdoor entertaining or relaxing. The home also has a two-car garage for parking and additional storage. Overall, this renovated single-family home in Elgin, IL at 502 Hill Ave offers a modern and comfortable living space for its residents.

Last Agent to Sell the Property

Harry Owens

HomeSmart Realty Group License #475194844 Listed on: 05/03/2024

HomeSmart Realty Group

Last Buyer's Agent

Aaron Rodriguez-Orozco

Real Broker, LLC License #475185201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1900 | Remodeled in 2024

Lot Details

  • 5,663

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,100 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Larsen Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,868

Year Built

Built in 1900 | Remodeled in 2024

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2100
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • Middle/Junior School: Larsen Middle School

Lot Info

  • Lot Dimensions: 5663
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3868
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 28, 2024
Sold by
Jhmac Ventures Llc
Bought by
Lopez Juana-Georgina and Mora Gabriel
Seller's Agent
Harry Owens
HomeSmart Realty Group
Buyer's Agent
Aaron Rodriguez-Orozco
Real Broker, LLC
List Price
$280,000
Sold Price
$282,000
Premium/Discount to List
$2,000
0.71%
Views
160
Current Estimated Value
$285,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,130
Avg. Annual Appreciation
0.64%
Original Mortgage
$211,500
Outstanding Balance
$208,238
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$76,892
Source: Public Records
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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
Lopez Juana-Georgina $282,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Juana-Georgina $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $282,000 +0.7% $134 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $280,000 0.0% $133 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $280,000 -- $133 / 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 $4,334 $54,153 $13,236 $40,917
2023 $4,170 $48,923 $11,958 $36,965
2022 $3,868 $44,610 $10,904 $33,706
2021 $3,721 $41,707 $10,194 $31,513
2020 $3,631 $39,816 $9,732 $30,084
2019 $3,542 $37,927 $9,270 $28,657
2018 $3,143 $31,789 $8,733 $23,056
2017 $3,091 $30,052 $8,256 $21,796
2016 $2,334 $27,880 $7,659 $20,221
2015 -- $25,554 $7,020 $18,534
2014 -- $25,238 $6,933 $18,305
2013 -- $29,219 $7,116 $22,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12041012

Midwest Real Estate Data (MRED)

APN: 06-12-454-024

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