NOT LISTED FOR SALE

502 S Edison Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $309,000 - $328,000

3 Beds
2 Baths
1,668 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2015

Last sale price $150,000 $90 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,283 / mo

31 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Recreation Room
  • Whirlpool Bathtub
  • 1 Car Detached Garage

About This Home

As of April 2015

ONE OF THE LARGER CAPE CODS IN SUNSET PARK - REFINISHED HW FLOORS THROUGHOUT - NEWER KITCHEN WITH OAK CABINETS & SS APPLIANCES - WOOD LAMINATE IN KITCHEN - NEWER REMODELED BATHS - 1ST FLOOR BATH HAS WHIRLPOOL TUB. NEWER WINDOWS--FURNACE & A/C NEW 2013 PARTIALLY FINISHED BSMT--SUPER NICE YARD!!!!

Last Agent to Sell the Property

Kathy Wood

Berkshire Hathaway HomeServices Starck Real Estate License #475139825 Listed on: 01/30/2015

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Linda Minarik

RE/MAX Suburban

RE/MAX Suburban

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50' x 120'
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,668 Sq Ft Home
  • 1.5-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Harriet Gifford Elementary Schoo
  • Abbott Middle School
  • Larkin High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

  • Sunset Park Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,056

Year Built

Built in 1948

Lot Details

6,011 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: SUNSET PARK
  • Year Built: 1948
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Bar Fridge, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • LivingArea: 1668
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Attic: Unfinished

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: HARRIET GIFFORD ELEMENTARY SCHOO
  • High School: LARKIN HIGH SCHOOL
  • Middle/Junior School: ABBOTT MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50' X 120'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4056
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

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
Jan 30, 2015
Closed on
Apr 15, 2015
Sold by
Bought by
Seller's Agent
Kathy Wood
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Linda Minarik
RE/MAX Suburban
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$317,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,800
Avg. Annual Appreciation
6.84%
Original Mortgage
$5,000
Outstanding Balance
$3,752
Interest Rate
3.77%
Mortgage Type
Stand Alone Second
Estimated Equity
$314,048

Purchase Details

Closed on
Nov 5, 2010
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
$118,306
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southwest Elgin, IL

  • Monica Vargas Real Estate Agent - GREAT HOMES REAL ESTATE, INC.

    Monica Vargas

    GREAT HOMES REAL ESTATE, INC.

    (224) 246-8148

    180 Total Sales

    9 in Southwest Elgin

    $142K - $305K Price Range

    Monica Vargas
     Section Image
  • Izzy Corona Real Estate Agent - Premiere Realty Group Inc

    Izzy Corona

    Responds Quickly

    Premiere Realty Group Inc

    (331) 258-8080

    88 Total Sales

    1 in Southwest Elgin

    $260,000 Price

    Izzy Corona
     Section Image
  • Dawn Larsen Real Estate Agent - Baird & Warner

    Dawn Larsen

    Baird & Warner

    (386) 888-4346

    142 Total Sales

    2 in Southwest Elgin

    $190K - $287K Price Range

    Dawn Larsen
     Section Image
  • Juana Fuentes Real Estate Agent - Exclusive Living, Inc

    Juana Fuentes

    Exclusive Living, Inc

    (224) 255-4532

    77 Total Sales

    2 in Southwest Elgin

    $210K - $310K Price Range

    Juana Fuentes
     Section Image
  • Deb Ritter Real Estate Agent - Keller Williams Premiere Properties

    Deb Ritter

    Keller Williams Premiere Properties

    (708) 905-9826

    74 Total Sales

    1 in Southwest Elgin

    $286,933 Price

    Deb Ritter
     Section Image
  • Elizabeth Goodchild Real Estate Agent - Realty of America

    Elizabeth Goodchild

    Realty of America

    (224) 479-1826

    485 Total Sales

    1 in Southwest Elgin

    $420,000 Price

    Elizabeth Goodchild
     Section Image
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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
$150,000 Golden Title
$120,000 Chicago Title Insurance Co
-- --
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
Open $5,000
Open $147,283
Previous Owner $118,306
Previous Owner $111,061
Previous Owner $117,300
Previous Owner $117,300
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
04/17/2015 04/17/15 Sold $150,000 0.0% $90 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $150,000 -- $90 / 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
2025 $6,448 $92,519 $18,293 $74,226
2024 $6,448 $85,216 $16,849 $68,367
2023 $5,881 $76,986 $15,222 $61,764
2022 $5,567 $70,198 $13,880 $56,318
2021 $5,320 $65,630 $12,977 $52,653
2020 $5,167 $62,654 $12,389 $50,265
2019 $5,014 $59,682 $11,801 $47,881
2018 $4,965 $56,224 $11,117 $45,107
2017 $4,850 $53,152 $10,510 $42,642
2016 $4,619 $49,310 $9,750 $39,560
2015 -- $45,197 $8,937 $36,260
2014 -- $44,639 $8,827 $35,812
2013 -- $45,817 $9,060 $36,757
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kathy Wood

    Berkshire Hathaway HomeServices Starck Real Estate

    30 Total Sales

    Kathy Wood
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Minarik

    RE/MAX Suburban

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08827276

Midwest Real Estate Data (MRED)

APN: 06-22-280-036

Illinois Kane County Elgin 60123 Southwest Elgin

502 S Edison 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

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