Seller's Agent in 2023
Ryan Carney
Dreams & Keys Real Estate Group
(847) 312-6882
1 in this area
128 Total Sales
521 S Edison Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $270,000 - $293,000
2
Beds
1.5
Baths
1,400
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Formal Dining Room
- Living Room
- Wood Flooring
- 1 Car Detached Garage
- Laundry Room
About This Home
As of December 2023The long-time owner of this two-story Cape Cod has taken great pride and care of it over the years. This home contains 2 bedrooms and 1.5 bathrooms with a delightful blend of classic charm and modern potential. As you step inside, you'll be greeted by plenty of natural light. The possibilities are endless as you explore the potential of this home. The original hardwood floors are waiting to be restored to their natural beauty. The home used to have a 3rd bedroom on the main level however is currently set up as a dining room. Depending on your needs additional bedrooms could be added or finish the basement for additional living space and build instant equity! Nestled in a serene neighborhood, this home offers a huge 24X19 family room ADDITION. Beautifully landscaped yard with mature trees. Additional highlights of this property include a roomy 1-car garage w/ a newer door!, newer vinyl WINDOWS, water heater replaced in 2018, flat roof on the addition was replaced in 2022 and added more insulation in the attic for those cold winter nights. Basement waterproofed by U.S. Waterproofing and newer electrical panel for peace of mind. Prime location near town, restaurants, shopping, transportation and everything Elgin has to offer!
Last Agent to Sell the Property
Dreams & Keys Real Estate Group License #471019015 Listed on: 11/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,327
Year Built
- Built in 1949
Lot Details
- Lot Dimensions are 50x114
Parking
- 1 Car Detached Garage
- Parking Available
- Driveway
Home Design
- Cape Cod Architecture
- Asphalt Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,400 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2023
Closed on
Dec 7, 2023
Sold by
Trust Number 8002393233 and Chicago Title Land Trust Co
Bought by
Terrazas Rafael Escobedo
Seller's Agent
Ryan Carney
Dreams & Keys Real Estate Group
Buyer's Agent
Monica Morales
GREAT HOMES REAL ESTATE, INC.
List Price
$235,000
Sold Price
$235,000
Views
80
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
$44,732
Avg. Annual Appreciation
8.32%
Original Mortgage
$235,000
Outstanding Balance
$230,814
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$48,918
Purchase Details
Listed on
Nov 2, 2023
Closed on
Nov 9, 2023
Sold by
Willis Mary A
Bought by
Chicago Title Land Trust Company and Trust Number 8002393233
Seller's Agent
Ryan Carney
Dreams & Keys Real Estate Group
Buyer's Agent
Monica Morales
GREAT HOMES REAL ESTATE, INC.
List Price
$235,000
Sold Price
$235,000
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$230,814
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$48,918
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terrazas Rafael Escobedo | $235,000 | Chicago Title | |
| Chicago Title Land Trust Company | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terrazas Rafael Escobedo | $235,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2023 12/11/23 | Sold | $235,000 | 0.0% | $168 / Sq Ft |
| 11/07/2023 11/07/23 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | For Sale | $235,000 | -- | $168 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $5,674 | $78,896 | $16,849 | $62,047 |
| 2023 | $1,861 | $71,277 | $15,222 | $56,055 |
| 2022 | $2,327 | $64,992 | $13,880 | $51,112 |
| 2021 | $2,394 | $60,763 | $12,977 | $47,786 |
| 2020 | $2,447 | $58,008 | $12,389 | $45,619 |
| 2019 | $2,506 | $55,256 | $11,801 | $43,455 |
| 2018 | $2,653 | $47,653 | $11,117 | $36,536 |
| 2017 | $2,760 | $45,050 | $10,510 | $34,540 |
| 2016 | $2,862 | $41,794 | $9,750 | $32,044 |
| 2015 | -- | $38,308 | $8,937 | $29,371 |
| 2014 | -- | $37,835 | $8,827 | $29,008 |
| 2013 | -- | $38,833 | $9,060 | $29,773 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Carney
-
Oscar Ramos
O
Seller Co-Listing Agent in 2023
Oscar Ramos
Dreams & Keys Real Estate Group
(847) 815-6995
1 in this area
18 Total Sales
-
Monica Morales
Buyer's Agent in 2023
Monica Morales
GREAT HOMES REAL ESTATE, INC.
(224) 856-0873
3 in this area
120 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11919702
APN: 06-22-281-038
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Based on information submitted to the MLS GRID
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