Seller's Agent in 2021
Amy Wu
Keller Williams Success Realty
(312) 869-2158
1 in this area
135 Total Sales
508 Division St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $231,000 - $254,937
3
Beds
3
Baths
1,337
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Formal Dining Room
- Wood Siding
- 4-minute walk to Channing Park
About This Home
As of October 2021Tucked away in the picturesque Elgin Historic District is this charmer of a house that is described as a "post-Victorian, early 20th-century Vernacular style with strong Arts & Crafts influence". Built in 1905 by Gottfried Traub, the transitional form boasts classical revival symmetry with Shingle and Queen Anne detailing. The unique architectural design and features render this home a contributing piece to modern-day local significance. Step through the inviting arched entryway to be immediately greeted by the warmth of the spacious enclosed porch - an area perfect for enjoying morning coffee, reading a novel, or honing a green thumb. The foyer provides the first look at the gorgeous hardwood throughout much of the home. On the main level, discover a comfortable living room, dining room, kitchen, and powder room. Admire the beautiful stained glass window while ascending the stairs to three bedrooms and a full bathroom. The full, partially finished basement increases accessibility and convenience with a laundry area, recreation room, bonus room, full bathroom, ample storage, and exterior access. For those that do not care for mowing a big lawn, relish the limited yard space that offers a deck for easy grilling and entertaining. Two exterior tandem parking spaces on the concrete driveway complete the package. Please note that some cosmetic updates would beautify this home even more. Currently tenant-occupied through December 2021. Selling AS-IS.
Last Agent to Sell the Property
Keller Williams Success Realty License #475186618 Listed on: 08/12/2021
Home Details
Home Type
- Single Family
Year Built
- 1905
Lot Details
- 2,614
Home Design
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Formal Dining Room
Partially Finished Basement
- Exterior Basement Entry
- Finished Basement Bathroom
Parking
- Driveway
- Uncovered Parking
- On-Site Parking
- Parking Included in Price
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2021
Closed on
Oct 19, 2021
Sold by
Guerrero Eligio and Guerrero Maria M
Bought by
Auburn Ethan and Paschetto Kaitlin
Seller's Agent
Amy Wu
Keller Williams Success Realty
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
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
$60,984
Avg. Annual Appreciation
7.02%
Original Mortgage
$148,000
Outstanding Balance
$134,962
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$111,022
Purchase Details
Closed on
Mar 21, 2013
Sold by
Guerrero Eligio
Bought by
Guerrero Maria M
Purchase Details
Closed on
Nov 15, 2005
Sold by
Smith Debbie A
Bought by
Guerrero Eligio and Guerrero Maria M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 27, 2004
Sold by
Durrenberger Paul J
Bought by
Smith Debbie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Auburn Ethan | $185,000 | None Available | |
| Guerrero Maria M | -- | None Available | |
| Guerrero Eligio | $175,000 | First American Title | |
| Smith Debbie A | $133,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Auburn Ethan | $148,000 | |
| Previous Owner | Guerrero Eligio | $140,000 | |
| Previous Owner | Smith Debbie A | $119,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $185,000 | -2.6% | $138 / Sq Ft |
| 08/26/2021 08/26/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $189,900 | -- | $142 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,216 | $60,687 | $7,630 | $53,057 |
| 2023 | $3,992 | $54,826 | $6,893 | $47,933 |
| 2022 | $3,815 | $49,992 | $6,285 | $43,707 |
| 2021 | $3,635 | $46,739 | $5,876 | $40,863 |
| 2020 | $3,353 | $42,762 | $5,610 | $37,152 |
| 2019 | $3,244 | $40,734 | $5,344 | $35,390 |
| 2018 | $2,633 | $32,630 | $5,034 | $27,596 |
| 2017 | $2,556 | $30,847 | $4,759 | $26,088 |
| 2016 | $2,412 | $28,618 | $4,415 | $24,203 |
| 2015 | -- | $26,231 | $4,047 | $22,184 |
| 2014 | -- | $25,907 | $3,997 | $21,910 |
| 2013 | -- | $30,559 | $4,102 | $26,457 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Wu
-
Christopher Davis
Buyer's Agent in 2021
Christopher Davis
Inspire Realty Group LLC
(847) 489-3476
17 in this area
319 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11188096
APN: 06-13-254-014
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