515 W Highland Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $272,204
5
Beds
3
Baths
--
Sq Ft
4,792
Sq Ft Lot
About This Home
As of February 2016THIS SOLID BRICK OFFERS A GREAT INVESTMENT OPPORTUNITY. HOUSE NEEDS A NEW ROOF, BUT WITH A LITTLE CARE IT MAY BE A GOOD INCOME GENERATOR. BUYER MAY CHOOSE TO LIVE IN ONE AND RENT SECOND UNIT. THIS A LEGAL NON-CONFORMING PROPERTY AND MIGHT BE DIFFICULT TO FINANCE. CASH WOULD A PREFERRED CHOICE. THIS HOME WILL GO FAST.
Last Agent to Sell the Property
Hercana Real Estate License #471018904 Listed on: 08/19/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 38 x 127
Parking
- 1 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2017
Sold by
Morales Vietorine
Bought by
Edomex Holdings Llc
Total Days on Market
35
Current Estimated Value
Purchase Details
Listed on
Aug 19, 2015
Closed on
Feb 12, 2016
Sold by
Lozano Denise Angelica and Hernandez Cesar
Bought by
Morales Victorino
Seller's Agent
German Hernandez
Hercana Real Estate
Buyer's Agent
Juana Fuentes
Exclusive Living, Inc
List Price
$85,900
Sold Price
$65,000
Premium/Discount to List
-$20,900
-24.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Purchase Details
Closed on
Jan 17, 2007
Sold by
Lozano Jorge and Lozano Elvira
Bought by
Hernandez Cesar and Lozano Dennis Angelica
Purchase Details
Closed on
Oct 16, 2001
Sold by
Lozano Jorge and Lozano Elvira
Bought by
Lozano Jorge and Lozano Elvira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
6.88%
Purchase Details
Closed on
May 29, 1998
Sold by
Schumacher William A
Bought by
Lozano Jorge and Lozano Elvira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,794
Interest Rate
7.22%
Mortgage Type
FHA
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Edomex Holdings Llc | -- | None Available | |
| Morales Victorino | $65,000 | Alliance Title Corporation | |
| Hernandez Cesar | -- | None Available | |
| Lozano Jorge | -- | Brokers Title Insurance Co | |
| Lozano Jorge | $135,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hernandez Cesar | $180,500 | |
| Previous Owner | Lozano Jorge | $161,250 | |
| Previous Owner | Lozano Jorge | $154,033 | |
| Previous Owner | Lozano Jorge | $10,000 | |
| Previous Owner | Lozano Jorge | $156,600 | |
| Previous Owner | Lozano Jorge | $9,100 | |
| Previous Owner | Lozano Jorge | $133,794 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2016 02/19/16 | Sold | $65,000 | -1.4% | -- |
| 09/23/2015 09/23/15 | Pending | -- | -- | -- |
| 09/22/2015 09/22/15 | Price Changed | $65,900 | -13.2% | -- |
| 09/04/2015 09/04/15 | Price Changed | $75,900 | -11.6% | -- |
| 08/19/2015 08/19/15 | For Sale | $85,900 | -- | -- |
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 | $5,340 | $62,644 | $9,557 | $53,087 |
| 2022 | $4,571 | $52,719 | $8,714 | $44,005 |
| 2021 | $4,397 | $49,289 | $8,147 | $41,142 |
| 2020 | $4,292 | $47,054 | $7,778 | $39,276 |
| 2019 | $4,186 | $44,822 | $7,409 | $37,413 |
| 2018 | $4,185 | $42,225 | $6,980 | $35,245 |
| 2017 | $4,106 | $39,918 | $6,599 | $33,319 |
| 2016 | $3,950 | $37,033 | $6,122 | $30,911 |
| 2015 | -- | $33,944 | $5,611 | $28,333 |
| 2014 | -- | $33,525 | $5,542 | $27,983 |
| 2013 | -- | $34,409 | $5,688 | $28,721 |
Source: Public Records
Agents Affiliated with this Home
-
German Hernandez
G
Seller's Agent in 2016
German Hernandez
Hercana Real Estate
(847) 912-3461
3 in this area
30 Total Sales
-
Juana Fuentes
Buyer's Agent in 2016
Juana Fuentes
Exclusive Living, Inc
(847) 924-0079
98 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09016768
APN: 06-14-403-003
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