NOT LISTED FOR SALE

506 Preston Ave Elgin, IL 60120

Estimated Value: $289,000 - $333,000

3 Beds
2 Baths
1,505 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $270,000 $179 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,124/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Formal Dining Room
  • Detached Garage

About This Home

As of February 2022

SO QUAINT & CHARMING YOU WON'T BELIEVE IT! EXTERIOR OF THE HOME WAS PAINTED IN 2020. FURANCE & CENTRAL AIR CONDITIONER NEW IN 2020. NEWER WINDOWS 4YR OLD OR LESS ON 1ST & 2ND FLOORS. NEW ROOF WITH ATTIC FAN INSTALLED 7 YEARS AGO. QUARTZ KITCHEN COUNTER TOP & NEW CERAMIC TILE KITCHEN FLOOR. HARDWOOD FLOORING ON 1ST & 2ND FLOORS. FULL BASEMENT WITH HALF OF IT BEING FINISHED. 2 WOODBURNING FIREPLACES. THIS HOME IS A WINNER! LOOKING FOR A BUYER WHO IS FLEXIBLE ON CLOSING DATE LIKE 60 DAYS MORE OR LESS BECAUSE SELLER NEEDS TO FIND A HOME TO BUY. THANK YOU!

Last Agent to Sell the Property

Randy Johnson

RE/MAX Suburban License #471006841 Listed on: 12/20/2021

RE/MAX Suburban

Last Buyer's Agent

Irma Patino

Core Realty & Investments Inc. License #475147771

Core Realty & Investments Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,714

Year Built

  • 1936

Lot Details

  • 5,663

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Separate Shower
  • 1.5-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,714

Year Built

1936

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Cape Cod
  • Directions: GOLF RD (ROUTE 58) E. OF LIBERTY ST. (ROUTE 25) TO PRESTON AVE. N.
  • Lot Size: 91X66
  • Master Model: CAPE COD
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1936

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Built-in Features
  • Other Equipment: CO Detectors, Fan-Attic Exhaust
  • Dining Room Type: Office, Utility Room-Lower Level, Storage, Sun Room

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Frame,Asbestos Siding
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Coleman Elementary School
  • High School: Elgin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Larsen Middle School

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4570
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 12, 2022
Sold by
Woolweber and Tami
Bought by
Palma Victor Manuel and Bueno Carmina Barraza
Seller's Agent
Randy Johnson
RE/MAX Suburban
Buyer's Agent
Irma Patino
Core Realty & Investments Inc.
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$310,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,707
Avg. Annual Appreciation
4.28%
Original Mortgage
$256,500
Outstanding Balance
$238,633
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$75,955

Purchase Details

Closed on
May 28, 2010
Sold by
Stark Properties Llc
Bought by
Woolweber Robi and Woolweber Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,927
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
The Bank Of New York Mellon
Bought by
Stark Properties Llc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Bribiescas Miguel
Bought by
The Bank Of New York

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bonkoske Donald C and Bonkoske Ruth H
Bought by
Bribiescas Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.69%
Mortgage Type
Stand Alone Second
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
Palma Victor Manuel $270,000 Chicago Title
Woolweber Robi $156,000 Chicago Title Insurance Co
Stark Properties Llc $75,500 Ticor Title Insurance Co
The Bank Of New York -- Ticor
Bribiescas Miguel $200,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Victor Manuel $256,500
Previous Owner Woolweber Robi $153,927
Previous Owner Bribiescas Miguel $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $270,000 0.0% $179 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $269,900 -- $179 / 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 $5,714 $79,395 $14,690 $64,705
2023 $5,432 $71,727 $13,271 $58,456
2022 $5,151 $65,403 $12,101 $53,302
2021 $4,920 $61,148 $11,314 $49,834
2020 $4,570 $56,110 $10,801 $45,309
2019 $4,432 $53,449 $10,289 $43,160
2018 $4,193 $48,410 $9,693 $38,717
2017 $4,090 $45,764 $9,163 $36,601
2016 $3,888 $42,457 $8,501 $33,956
2015 -- $38,916 $7,792 $31,124
2014 -- $38,436 $7,696 $30,740
2013 -- $45,018 $7,899 $37,119
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Randy Johnson

    RE/MAX Suburban

    Section Image

  • I

    Buyer's Agent in 2022

    Irma Patino

    Core Realty & Investments Inc.

    (224) 235-4336

    8 Total Sales

    Irma Patino
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11291930

Midwest Real Estate Data (MRED)

APN: 06-12-478-023

Illinois Kane County Elgin 60120

506 Preston Ave, Elgin, IL

This home is located at 506 Preston Ave, Elgin, IL 60120 since 20 December 2021 and is currently estimated at $310,707, approximately $206 per square foot. This property was built in 1936. 506 Preston Ave is a home located in Kane County with nearby schools including Coleman Elementary School, Larsen Middle School, and Elgin High School.

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