Monica Vargas
GREAT HOMES REAL ESTATE, INC.
(224) 246-8148
179 Total Sales
2 in Elgin National Watch Historic District
$160K - $289K Price Range
507 Grace St Unit 9 Elgin, IL 60120
Elgin National Watch Historic District NeighborhoodEstimated Value: $266,000 - $390,072
4
Beds
4
Baths
--
Sq Ft
9,583
Sq Ft Lot
About This Home
As of January 2023THIS 4-UNIT WILL BE A GREAT INVESTMENT PROPERTY. LIVE IN ONE UNIT AND LET THE OTHER TENANTS PAY YOUR MORTGAGE OR RENT THEM ALL AND COLLECT $3,450+/MONTH IN POTENTIAL RENT. UNITS CONSIST OF (4) ONE BEDROOMS. SEPERATE GAS & ELECTRIC METERS. UNITS HAVE BEEN UPDATED WITH NEW VINYL FLOORING AND FRESH PAINT (2022). FURNACES INSTALLED WITHIN THE LAST 2 YEARS. BRAND NEW ROOF & GUTTERS (2022) ALONG WITH FRESH EXTERIOR PAINT JOB AND NEW ASPHALT DRIVEWAY. SCHEDULE YOUR SHOWING TODAY!
Last Agent to Sell the Property
Inspire Realty Group LLC License #475190182 Listed on: 08/29/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,255
Year Built
- Built in 1899 | Remodeled in 2022
Lot Details
- Lot Dimensions are 71.9x136.9
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Additional Features
- Partial Basement
- Heating System Uses Natural Gas
Community Details
- 4 Units
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
Aug 29, 2022
Closed on
Jan 20, 2023
Sold by
Bought by
Seller's Agent
Ramadan Adili
Inspire Realty Group LLC
Buyer's Agent
Jack Maloney
HomeSmart Realty Group
List Price
$334,900
Sold Price
$315,000
Premium/Discount to List
-$19,900
-5.94%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,856
Avg. Annual Appreciation
0.48%
Original Mortgage
$299,250
Outstanding Balance
$287,129
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$33,389
Purchase Details
Closed on
May 3, 2022
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 2008
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
$157,500
Interest Rate
5.96%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Elgin National Watch Historic District, IL
-
Monica Vargas
-
Jesse Singh
Jesse Singh
RE/MAX SAWA
(331) 241-6928
135 Total Sales
1 in Elgin National Watch Historic District
$195,000 Price
-
Elizabeth Thompson
Elizabeth Thompson
Responds QuicklyColdwell Banker Realty
(844) 755-6681
99 Total Sales
1 in Elgin National Watch Historic District
$120,000 Price
-
Wincy Mathew
Wincy Mathew
Responds Quickly@properties Christie's International Real Estate
(224) 412-3514
44 Total Sales
1 in Elgin National Watch Historic District
$20,000 Price
-
Nicholas Rhoads
Nicholas Rhoads
HomeSmart Connect LLC
(815) 981-4286
61 Total Sales
2 in Elgin National Watch Historic District
$197,500 Price Range
-
Matt Lysien
Matt Lysien
Suburban Life Realty, Ltd
(224) 315-8087
519 Total Sales
4 in Elgin National Watch Historic District
$130K - $320K Price Range
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 |
|---|---|---|---|
| $315,000 | Fidelity National Title | ||
| $35,333 | Terpinas Law Group Llc | ||
| $210,000 | None Available |
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 | $299,250 | ||
| Previous Owner | $122,000 | ||
| Previous Owner | $149,500 | ||
| Previous Owner | $157,500 |
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 |
|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $315,000 | -3.1% | -- |
| 11/20/2022 11/20/22 | Pending | -- | -- | -- |
| 11/10/2022 11/10/22 | Price Changed | $325,000 | -1.5% | -- |
| 10/31/2022 10/31/22 | Price Changed | $329,900 | -1.5% | -- |
| 10/23/2022 10/23/22 | For Sale | $334,900 | 0.0% | -- |
| 10/17/2022 10/17/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | Price Changed | $334,900 | 0.0% | -- |
| 10/13/2022 10/13/22 | For Sale | $334,900 | -1.5% | -- |
| 09/14/2022 09/14/22 | Pending | -- | -- | -- |
| 08/29/2022 08/29/22 | For Sale | $339,900 | -- | -- |
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 | $6,827 | $89,493 | $18,505 | $70,988 |
| 2024 | $6,827 | $82,429 | $17,044 | $65,385 |
| 2023 | $6,348 | $74,468 | $15,398 | $59,070 |
| 2022 | $5,463 | $63,005 | $14,040 | $48,965 |
| 2021 | $5,255 | $58,905 | $13,126 | $45,779 |
| 2020 | $5,129 | $56,234 | $12,531 | $43,703 |
| 2019 | $5,003 | $53,567 | $11,937 | $41,630 |
| 2018 | $4,989 | $50,463 | $11,245 | $39,218 |
| 2017 | $4,907 | $47,706 | $10,631 | $37,075 |
| 2016 | $4,720 | $44,259 | $9,863 | $34,396 |
| 2015 | -- | $40,567 | $9,040 | $31,527 |
| 2014 | -- | $40,066 | $8,928 | $31,138 |
| 2013 | -- | $41,123 | $9,164 | $31,959 |
Source: Public Records
Agents Affiliated with this Home
-
Ramadan Adili
Seller's Agent in 2023
Ramadan Adili
Inspire Realty Group LLC
(630) 401-9293
1 in this area
47 Total Sales
-
Jack Maloney
JM
Buyer's Agent in 2023
Jack Maloney
HomeSmart Realty Group
(630) 578-0002
1 in this area
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11616167
APN: 06-24-252-002
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.
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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