NOT LISTED FOR SALE

508 Lincoln Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $216,000 - $320,000

3 Beds
2 Baths
1,631 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $50,101 $31 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $1,915/month

8 Days on Market

About This Home

As of April 2013

Three bedroom home in Elgin. Great investment opportunity. Some interior work is needed. Nice sized living room, in addition to a dining room and family room make up the main living area. Nice kitchen with ample counter and cabinet space. Three bedrooms with private closets. The home has a full basement for extra storage. Sold As-Is. Taxes 100%. Special Addendums required after offer is accepted.

Last Agent to Sell the Property

Joseph Mueller

Tanis Group Realty License #471006369 Listed on: 03/06/2013

Last Buyer's Agent

Lizette Delgado

Tanis Group Realty License #475.154753

Property Details

Home Type

  • Other

Year Built

  • 1875

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • No Cooling

Property Details

Home Type

Other

Year Built

1875

Lot Details

0

Interior Features

  • Total # Of Rooms: 7
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 14X12
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X12
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X12
  • Living Room Level: Main Level
  • Living Room Size: 16X14
  • Dining Room Level: Main Level
  • Dining Room Size: 12X12
  • Family Room Level: Main Level
  • Family Room Size: 14X12
  • Kitchen Level: Main Level
  • Kitchen Size: 14X14

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Driveway: Gravel

Utilities

  • Air Conditioner: None
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66X132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 26, 2013
Sold by
Us Bank Na
Bought by
Hernandez Miriam Francisca
Seller's Agent
Joseph Mueller
Tanis Group Realty
Buyer's Agent
Lizette Delgado
Tanis Group Realty
List Price
$44,999
Sold Price
$50,101
Premium/Discount to List
$5,102
11.34%
Current Estimated Value
$281,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,991
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Dec 10, 2012
Sold by
Hernandez Hector and Hernandez Bertha
Bought by
Us Bank Na

Purchase Details

Closed on
Jun 21, 2001
Sold by
Hud
Bought by
Hernandez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,217
Interest Rate
11.99%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Mcglinn Kevin J and Mcglinn Deborah A
Bought by
Ramos Juan and Delgado Leticia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,955
Interest Rate
7.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Miriam Francisca $50,500 First American Title
Us Bank Na -- First American Title
Hernandez Hector -- --
Ramos Juan $65,666 Premier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Hector $122,217
Previous Owner Ramos Juan $97,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2013 04/04/13 Sold $50,101 +11.3% $31 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $44,999 -- $28 / 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 $5,368 $75,081 $19,062 $56,019
2023 $5,100 $67,830 $17,221 $50,609
2022 $4,843 $61,850 $15,703 $46,147
2021 $4,624 $57,825 $14,681 $43,144
2020 $4,488 $55,203 $14,015 $41,188
2019 $4,351 $52,584 $13,350 $39,234
2018 $3,782 $44,249 $12,577 $31,672
2017 $3,685 $41,831 $11,890 $29,941
2016 $3,499 $38,808 $11,031 $27,777
2015 -- $35,571 $10,111 $25,460
2014 -- $35,132 $9,986 $25,146
2013 -- $40,612 $10,249 $30,363
Source: Public Records

Agents Affiliated with this Home

  • Joseph Mueller

    Seller's Agent in 2013

    Joseph Mueller

    Tanis Group Realty

    (847) 514-4506

    83 Total Sales

    Joseph Mueller
    Section Image

  • L

    Buyer's Agent in 2013

    Lizette Delgado

    Tanis Group Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08286798

Midwest Real Estate Data (MRED)

APN: 06-12-260-007

Illinois Kane County Elgin 60120 Northeast Elgin

508 Lincoln Ave, Elgin, IL

Not Listed for Sale

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