NOT LISTED FOR SALE

506 N Walnut St South Elgin, IL 60177

Estimated Value: $238,000 - $259,067

2 Beds
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold October 15, 2014

Last sale price $121,000

Est. 106% increase in value since last sale

Current estimated payment $1,794/month

101 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Stainless Steel Appliances
  • South Elgin High School Rated A-
  • Cottage
  • Detached Garage

About This Home

As of October 2014

MOVE-IN-READY Own for less than Rent! totally remodeled Cozy two bedroom home with full finished basement New A/C unit, new flooring, tile, paint, light fixtures, and updated kitchen with new cabinets, counters, and stainless steel appliances roof, gutters and landscaping ! Remodeled bath! Full basement ready to finish! Large deck opens to yard. Garage is insulated and gas heated!

Last Agent to Sell the Property

Kevin Schudel

Buy It Inc License #471002676 Listed on: 06/16/2014

Last Buyer's Agent

Tony Guggino

Berkshire Hathaway HomeServices American Heritage License #475085688

Berkshire Hathaway HomeServices American Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,239

Year Built

  • 1953

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cottage
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,239

Year Built

1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cottage
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Attic: Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Acreage: 0.1818

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 46
  • Elementary School: WILLARD ELEMENTARY SCHOOL
  • Middle School: KENYON WOODS MIDDLE SCHOOL
  • High School: SOUTH ELGIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 7920
  • Lot Description: Corner
  • Parcel Identification Number: 0635104006

Tax Info

  • Taxes: 3605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2016
Sold by
Dipaolo Scott
Bought by
Hogan Cory
Current Estimated Value
$249,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,184
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 16, 2014
Closed on
Oct 15, 2014
Sold by
Schudel Jacqueline M
Bought by
Dipaolo Scott
Seller's Agent
Kevin Schudel
Buy It Inc
Buyer's Agent
Tony Guggino
Berkshire Hathaway HomeServices American Heritage
List Price
$149,900
Sold Price
$121,000
Premium/Discount to List
-$28,900
-19.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$102,850
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 10, 2014
Sold by
Rbg Properties Llc
Bought by
Illinois Property Services Llc
Seller's Agent
Kathy Koca
Keller Williams Inspire
Buyer's Agent
Kevin Schudel
Buy It Inc
List Price
$109,900
Sold Price
$98,750
Premium/Discount to List
-$11,150
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.81%

Purchase Details

Closed on
Nov 4, 2013
Sold by
Mcnees Steven
Bought by
Rbg Properties Llc

Purchase Details

Closed on
Mar 31, 2004
Sold by
Rodriguez Angel M
Bought by
Mcnees Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,946
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2003
Sold by
Orrick John G
Bought by
Rodriguez Angel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 3, 1995
Sold by
Guetschow Kenneth C and Guetschow Pamela A
Bought by
Orrick John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.55%
Source: Public Records

Range of Values:

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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
Hogan Cory $150,000 Attorney
Dipaolo Scott $121,000 Meadows Title Llc
Illinois Property Services Llc $99,000 Chicago Title Insurance Co
Rbg Properties Llc $47,000 None Available
Mcnees Steven D $163,500 First American Title Ins Co
Rodriguez Angel M $130,000 --
Orrick John G $90,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Cory $134,273
Previous Owner Hogan Cory $147,184
Previous Owner Dipaolo Scott $102,850
Previous Owner Mcnees Steven D $160,946
Previous Owner Rodriguez Angel M $100,000
Previous Owner Orrick John G $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $121,000 -3.9% --
09/25/2014 09/25/14 Pending -- -- --
08/26/2014 08/26/14 Price Changed $125,900 -3.1% --
07/21/2014 07/21/14 Price Changed $129,900 -7.1% --
06/25/2014 06/25/14 Price Changed $139,900 -6.7% --
06/16/2014 06/16/14 For Sale $149,900 +51.8% --
04/10/2014 04/10/14 Sold $98,750 -10.1% $127 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $109,900 -- $141 / 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
2024 $5,239 $74,391 $14,776 $59,615
2023 $4,967 $67,207 $13,349 $53,858
2022 $4,757 $61,281 $12,172 $49,109
2021 $4,467 $57,293 $11,380 $45,913
2020 $4,323 $54,695 $10,864 $43,831
2019 $4,154 $52,101 $10,349 $41,752
2018 $4,061 $49,082 $9,749 $39,333
2017 $3,847 $46,400 $9,216 $37,184
2016 $3,647 $43,047 $8,550 $34,497
2015 -- $39,457 $7,837 $31,620
2014 -- $38,970 $7,740 $31,230
2013 -- $39,998 $7,944 $32,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08647026

Midwest Real Estate Data (MRED)

APN: 06-35-104-006