NOT LISTED FOR SALE

Estimated Value: $324,000 - $371,000

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 13, 2024

Last sale price $330,000

Est. 4% increase in value since last sale

Current estimated payment $2,393/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • 1-minute walk to St Francis Park
  • Porch

About This Home

As of September 2024

Beautiful Victorian home. Currently a two flat. Just minutes to downtown Elgin with views of the park. Stunning curb appeal with a front porch. Large foyer with a beautiful wood staircase. High ceilings, arched door ways, & hardwood floors. Oversized 2 car garage. Freshly sealed driveway. Nice backyard. Both units are being rented out. The first floor unit has a long-time tenant. The property has been well maintained. Roof 2004, water heaters 2014, Furnaces 2013, 2017, washing machine 2022, gutters, fascia 2022. Apartment 2, 2022: fridge, kitchen & bath faucets, granite countertops, stove & overhead hood.

Last Agent to Sell the Property

Nina Konradi

Royal Family Real Estate License #475195349 Listed on: 08/01/2024

Royal Family Real Estate

Last Buyer's Agent

Chrystian Tapia

My Casa Realty Corp. License #475180919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,951

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132x65x132x65
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Metal Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Mckinley Elementary School
  • Larsen Middle School
  • Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,336
  • Water Sewer Expense $1,800
  • Gross Income $32,400
  • Net Operating Income $22,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,951

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Metal
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • Elementary School: Mckinley Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 132X65X132X65
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 22313
  • Insurance Expense: 1336
  • GrossIncome: 32400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6950.72
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 13, 2024
Sold by
Mockus Richard W and Vangemert Laura
Bought by
Navarro Juan
Seller's Agent
Nina Konradi
Royal Family Real Estate
Buyer's Agent
Chrystian Tapia
My Casa Realty Corp.
List Price
$329,000
Sold Price
$330,000
Premium/Discount to List
$1,000
0.3%
Views
43
Current Estimated Value
$341,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,690
Avg. Annual Appreciation
2.78%
Original Mortgage
$297,000
Outstanding Balance
$293,585
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$48,105

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 23, 2022
Sold by
Biss Jeffrey J
Bought by
Mockus Richard W and Vangemert Laura
Seller's Agent
Margo Nancy Carrasquillo
Property Services Network
Buyer's Agent
Barbara Pollastrini
Baird & Warner Fox Valley - Geneva
List Price
$219,000
Sold Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%
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

Date Buyer Sale Price Title Company
Navarro Juan $330,000 None Listed On Document
Mockus Richard W $219,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Juan $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $330,000 +0.3% --
08/06/2024 08/06/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $329,000 +50.2% --
05/27/2022 05/27/22 Sold $219,000 0.0% -- View Prior Sale
05/13/2022 05/13/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $219,000 0.0% --
03/02/2022 03/02/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $219,000 -- --
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 $7,223 $90,254 $17,478 $72,776
2023 $6,951 $81,538 $15,790 $65,748
2022 $5,974 $68,899 $14,398 $54,501
2021 $5,747 $64,416 $13,461 $50,955
2020 $5,609 $61,495 $12,851 $48,644
2019 $5,471 $58,577 $12,241 $46,336
2018 $5,456 $55,183 $11,532 $43,651
2017 $5,366 $52,168 $10,902 $41,266
2016 $5,162 $48,398 $10,114 $38,284
2015 -- $44,361 $9,270 $35,091
2014 -- $43,814 $9,156 $34,658
2013 -- $44,970 $9,398 $35,572
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12124427

Midwest Real Estate Data (MRED)

APN: 06-12-356-002