NOT LISTED FOR SALE

507 Prospect St Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $312,000 - $351,000

4 Beds
3 Baths
1,807 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2017

Last sale price $120,000 $66 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,214 / mo

54 Days on Market

Highlights

  • Traditional Architecture
  • Detached Garage
  • 2-minute walk to St Francis Park
  • Den

About This Home

As of January 2017

Great opportunity with this turn of the century home with plenty of room. Home features spacious living room, dining room, kitchen with plenty of room for cooking up those secret family recipes. Master is located on first floor with 4 beds upstairs. The basement has a rec room and half bath with many possibilities. Out back is large patio for entertaining. Come take a look. This one won't last long!!!!

Last Agent to Sell the Property

Loren Romain

Beemy Broker Illinois LLC License #471015920 Listed on: 09/08/2016

Last Buyer's Agent

Ignacio Alvarez

Class REALTORS® License #471001020

Home Details

Home Type

  • Single Family

Year Built

  • 1900

Lot Details

  • 8,712

Parking

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

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Additional Features

  • Den
  • Radiator

Listing and Financial Details

  • $3,600 Seller Concession

Home Details

Home Type

Single Family

Year Built

1900

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1900
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 17X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X13, On Level: Main Level
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 14X10, On Level: 2nd Level
  • Additional Room 1 Name: Den, Dimensions: 12X11, On Level: Main Level
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 14X09, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X07, On Level: 2nd Level
  • Estimated Sq Ft: 1807

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.2

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66X132
  • Parcel Identification Number: 0612356003

Tax Info

  • Taxes: 4196.48

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
Sep 8, 2016
Closed on
Jan 19, 2017
Sold by
Bought by
Seller's Agent
Loren Romain
Beemy Broker Illinois LLC
Buyer's Agent
Ignacio Alvarez
Class REALTORS®
List Price
$130,800
Sold Price
$120,000
Premium/Discount to List
-$10,800
-8.26%
Current Estimated Value
$310,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,211
Avg. Annual Appreciation
11.15%
Original Mortgage
$132,687
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2015
Sold by
Bought by

Purchase Details

Closed on
May 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2009
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
$175,115
Interest Rate
0.0484%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 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
$174,201
Interest Rate
0.0619%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 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
$562,000
Interest Rate
0.0654%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2006
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
$176,000
Interest Rate
0.092%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Bought by

Purchase Details

Closed on
May 21, 2002
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
$153,150
Interest Rate
0.0687%

Purchase Details

Closed on
May 31, 2001
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
$120,000
Interest Rate
0.0714%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Fidelity National Title
-- Premier Title
-- None Available
-- Chicago Title Insurance Co
$176,500 First American Title
$82,000 First American Title
-- None Available
$220,000 First American Title Ins Co
-- Chicago Title Insurance Comp
$158,000 Chicago Title Insurance Co
$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 $190,000
Closed $151,353
Closed $132,687
Previous Owner $175,115
Previous Owner $174,201
Previous Owner $562,000
Previous Owner $176,000
Previous Owner $44,000
Previous Owner $153,150
Previous Owner $120,000
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
01/19/2017 01/19/17 Sold $120,000 -8.3% $66 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $130,800 -- $72 / 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
2024 $6,458 $88,699 $17,478 $71,221
2023 $6,149 $80,133 $15,790 $64,343
2022 $5,816 $73,068 $14,398 $58,670
2021 $5,559 $68,313 $13,461 $54,852
2020 $5,173 $62,722 $12,851 $49,871
2019 $5,020 $59,746 $12,241 $47,505
2018 $4,596 $52,482 $11,532 $40,950
2017 $5,103 $49,614 $10,902 $38,712
2016 $4,269 $46,028 $10,114 $35,914
2015 -- $42,188 $9,270 $32,918
2014 -- $41,668 $9,156 $32,512
2013 -- $48,657 $9,398 $39,259
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Loren Romain

    Beemy Broker Illinois LLC

    (866) 732-2838

    37 Total Sales

    Loren Romain
    Section Image

  • I

    Buyer's Agent in 2017

    Ignacio Alvarez

    Class REALTORS®

    (847) 754-5950

    3 in this area

    42 Total Sales

    Ignacio Alvarez
    Section Image

  • J

    Buyer's Agent in 2017

    Jessica Meaker

    Coldwell Banker The Real Estate Group

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09337472

Midwest Real Estate Data (MRED)

APN: 06-12-356-003

Illinois Kane County Elgin 60120 Northeast Elgin

507 Prospect St, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.