Seller's Agent in 2024
Valeria Sanchez
MPower Residential Brokerage LLC
(630) 940-6658
1 in this area
27 Total Sales
512 S State St Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $244,000 - $272,390
3
Beds
1.5
Baths
1,400
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- American Four Square Architecture
- Bonus Room
- Forced Air Heating and Cooling System
- Wood Flooring
- 2 Car Detached Garage
- 5-minute walk to Ryerson Park
About This Home
As of August 2024Have you been looking for a great opportunity to own in Elgin? Take a look at this charming and spacious 3 bedroom, 1.5 bath, American Foursquare home! This home comes with a bonus room and potentially 4th bedroom that could easily be added in the second level!! Beautiful hardwood floors in every oversized bedroom, elegant LVP in the kitchen and bathroom and a newer roof + siding replaced just 5 years ago! Additionally, enjoy the newer water heater and furnace, providing efficiency and reliability for years to come. Equipped with central air and newer windows all throughout, this home exudes both style and durability. Plus, revel in the peace of mind knowing that there is newer electrical systems. Enjoy a generous sized living room with hardwood floors, perfect for families and friend gatherings. The full finished basement presents endless possibilities, from creating a cozy family or recreational room to housing a convenient laundry area + bonus room. Large lot with a two-car garage and plenty of parking, along with a sizable backyard, this home invites you to embrace comfort and relaxation. Don't miss out on this gem, offering not just a house, but a lifestyle filled with charm, comfort, and endless possibilities that is just minutes away from Route 20 for transportation convenience.
Last Agent to Sell the Property
MPower Residential Brokerage LLC License #475209108 Listed on: 06/27/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,889
Year Built
- Built in 1920 | Remodeled in 2019
Lot Details
- 6,887 Sq Ft Lot
- Lot Dimensions are 45x153
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Gravel Driveway
- Additional Parking
- Parking Included in Price
Home Design
- American Four Square Architecture
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Bonus Room
- Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Finished Basement
- English Basement
- Finished Basement Bathroom
Schools
- Lowrie Elementary School
- Larkin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Aug 8, 2024
Sold by
Lam Dan S and Zhao Lan J
Bought by
Vivas Jorge Alberto and Madrid Benjamin
Seller's Agent
Valeria Sanchez
MPower Residential Brokerage LLC
Buyer's Agent
Haydee Rosas
Coldwell Banker Realty
List Price
$245,000
Sold Price
$245,000
Views
87
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
$10,098
Avg. Annual Appreciation
4.44%
Original Mortgage
$240,562
Outstanding Balance
$238,992
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$16,106
Purchase Details
Closed on
Feb 13, 2014
Sold by
Yu Tonghui
Bought by
Lam Dan S and Zhao Lan J
Purchase Details
Closed on
Nov 3, 2009
Sold by
Wells Fargo Bank Na
Bought by
Yu Tonghui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2009
Sold by
Thornton Joe E
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Aug 31, 1999
Sold by
Hogan Paul and Hogan Mary
Bought by
Thornton Joe E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,380
Interest Rate
7.59%
Mortgage Type
VA
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 |
|---|---|---|---|
| Vivas Jorge Alberto | $245,000 | Saturn Title | |
| Lam Dan S | $71,000 | Chicago Title Insurance Co | |
| Yu Tonghui | $71,000 | First American Title | |
| Wells Fargo Bank Na | -- | None Available | |
| Thornton Joe E | $119,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vivas Jorge Alberto | $240,562 | |
| Previous Owner | Yu Tonghui | $56,800 | |
| Previous Owner | Thornton Joe E | $156,000 | |
| Previous Owner | Thornton Joe E | $121,380 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2024 08/12/24 | Sold | $245,000 | 0.0% | $175 / Sq Ft |
| 07/18/2024 07/18/24 | Off Market | $245,000 | -- | -- |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $245,000 | -- | $175 / 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 |
|---|---|---|---|---|
| 2023 | $5,889 | $69,078 | $12,218 | $56,860 |
| 2022 | $5,462 | $62,987 | $11,141 | $51,846 |
| 2021 | $5,254 | $58,888 | $10,416 | $48,472 |
| 2020 | $5,127 | $56,218 | $9,944 | $46,274 |
| 2019 | $5,002 | $53,551 | $9,472 | $44,079 |
| 2018 | $4,775 | $48,295 | $8,923 | $39,372 |
| 2017 | $4,696 | $45,656 | $8,435 | $37,221 |
| 2016 | $4,517 | $42,356 | $7,825 | $34,531 |
| 2015 | -- | $38,823 | $7,172 | $31,651 |
| 2014 | -- | $38,343 | $7,083 | $31,260 |
| 2013 | -- | $39,355 | $7,270 | $32,085 |
Source: Public Records
Agents Affiliated with this Home
-
Valeria Sanchez
-
Haydee Rosas
Buyer's Agent in 2024
Haydee Rosas
Coldwell Banker Realty
(630) 688-4032
1 in this area
134 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12096511
APN: 06-23-282-010
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