$220,000
SOLD OCT 25, 2024

505 W Spring St South Elgin, IL 60177

3 Beds
1 Bath
1,040 Sq Ft
1958 Built

Recently Sold

$212 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 1 Car Attached Garage
  • South Elgin High School Rated A-
  • Fenced Yard
  • Patio

About This Home

As of October 2024

Welcome home to this conveniently located single story home! This is a perfect condo alternative with a large, fenced backyard that is ideal for your furry family members to enjoy. This ranch home offers a large living room with adjacent dining room, an eat-in kitchen with deep pantry, 3 good-sized bedrooms, an attached garage with an extra wide driveway for supplemental parking, and a crawl space. Hardwood floors throughout most of the home. This would also make a great investment property with its proximity to schools, shops, etc. With a little love and some cosmetic updates, this home would really sparkle! Sold As-Is.

Last Agent to Sell the Property

Rhonda Wachula

RE/MAX Properties Northwest License #475123884 Listed on: 09/17/2024

RE/MAX Properties Northwest

Last Buyer's Agent

Yakov Dvora

Berkshire Hathaway HomeServices Chicago License #475168406

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 80 x 130
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,021

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1040
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Attic: Unfinished
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 235000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4021
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 22, 2024
Sold by
Suffredin Courtney M
Bought by
Camp Investments Llc
Seller's Agent
Rhonda Wachula
RE/MAX Properties Northwest
Buyer's Agent
Yakov Dvora
Berkshire Hathaway HomeServices Chicago
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Views
138
Current Estimated Value
$230,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,108
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Mcintyre Cynthia J
Bought by
Suffredin Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Lisle Gary L and Lisle Sara A
Bought by
Mcintyre Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1999
Sold by
Hilderbrand Russell N and Hilderbrand Julie M
Bought by
Lisle Gary L and Lisle Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.61%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Warranty Deed $182,500 1St American Title
Warranty Deed $147,000 Chicago Title Insurance Comp
Warranty Deed $107,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,400 No Value Available
Previous Owner $156,827 New Conventional
Previous Owner $164,700 New Conventional
Previous Owner $162,500 Purchase Money Mortgage
Previous Owner $107,000 Purchase Money Mortgage
Previous Owner $106,600 Unknown
Previous Owner $105,204 FHA
Previous Owner $102,211 FHA
Previous Owner $104,400 FHA
Previous Owner $104,400 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $220,000 -6.4% $212 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $235,000 -- $226 / Sq Ft
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 $4,021 $55,931 $17,518 $38,413
2022 $3,872 $50,999 $15,973 $35,026
2021 $3,630 $47,681 $14,934 $32,747
2020 $3,376 $44,030 $14,257 $29,773
2019 $3,239 $41,942 $13,581 $28,361
2018 $3,663 $44,866 $12,794 $32,072
2017 $3,467 $42,415 $12,095 $30,320
2016 $3,283 $39,350 $11,221 $28,129
2015 -- $36,068 $10,285 $25,783
2014 -- $35,623 $10,158 $25,465
2013 -- $36,563 $10,426 $26,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12165404

Midwest Real Estate Data (MRED)

APN: 06-34-279-004