NOT LISTED FOR SALE

Estimated Value: $236,818 - $288,000

3 Beds
2 Baths
-- Sq Ft
9,278 Sq Ft Lot Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $135,000

Est. 91% increase in value since last sale

Current estimated payment $1,756 / mo

118 Days on Market

About This Home

As of August 2020

TWO FLAT IN ELGIN *** LOW KANE COUNTY TAXES *** MOVE IN READY OR GREAT INVESTMENT. ***SOLD AS IS*** SELLER WOULD PREFER CONVENTIONAL FINANCING BUT WILL CONSIDER FHA *** 1ST UNIT JUST BECAME VACANT - 2ND UNIT OWNER OCCUPIED *** *** CITY OF ELGIN REQUIRES ACKNOWLEDGMENT BE SIGNED AS GARAGE HAS TO BE BUILT ***

Last Agent to Sell the Property

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 04/03/2020

Co-Listed By

Saul Martinez

Zamudio Realty Group License #475172964

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,680

Lot Details

  • 9,278

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Lot Dimensions are 62 x 150
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,680

Lot Details

9,278 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Lot Info

  • Lot Dimensions: 62 X 150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3679.8
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Aug 14, 2020
Sold by
Salazar Abel and Bernabe Marisol Govea
Bought by
New Day Apartments Llc
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$154,900
Sold Price
$135,000
Premium/Discount to List
-$19,900
-12.85%
Current Estimated Value
$257,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,455
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
May 16, 2017
Sold by
Paulino Franciso and Mares Sanjuano
Bought by
Salazar Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,479
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2014
Sold by
Hernandez Magdalena
Bought by
Paulino Francisco and Mayes Sanjuana

Purchase Details

Closed on
May 19, 2004
Sold by
Hernandez Magdalena and Facio Juvenal
Bought by
Hernandez Magdalena and Rocha Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,927
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2004
Sold by
Akers Raymond E
Bought by
Hernandez Magdalena and Facio Juvenal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,927
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2001
Sold by
Ostermann Richard and Ostermann Carol
Bought by
Akers Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,816
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1999
Sold by
Beyler Allen E
Bought by
Ostermann Richard and Ostermann Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 1999
Sold by
Mamsen Josephine Rosina
Bought by
Ostermann Richard and Ostermann Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
New Day Apartments Llc $135,000 Ct
Salazar Abel $111,500 Chicago Title Ins Co
Paulino Francisco $53,000 None Available
Hernandez Magdalena -- --
Hernandez Magdalena $166,500 Multiple
Akers Raymond E $114,500 Chicago Title Insurance Co
Ostermann Richard $75,000 --
Ostermann Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Abel $109,479
Previous Owner Hernandez Magdalena $163,927
Previous Owner Akers Raymond E $112,816
Previous Owner Ostermann Richard $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $135,000 -6.8% --
07/30/2020 07/30/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $144,900 -3.3% --
07/21/2020 07/21/20 Price Changed $149,900 -3.2% --
06/23/2020 06/23/20 For Sale $154,900 +14.7% --
05/14/2020 05/14/20 Pending -- -- --
05/12/2020 05/12/20 Off Market $135,000 -- --
05/04/2020 05/04/20 Price Changed $154,900 -3.1% --
04/03/2020 04/03/20 For Sale $159,900 -- --
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 $4,816 $60,180 $18,750 $41,430
2023 $4,635 $54,368 $16,939 $37,429
2022 $4,030 $46,471 $15,445 $31,026
2021 $3,876 $43,447 $14,440 $29,007
2020 $3,783 $41,477 $13,785 $27,692
2019 $3,690 $39,509 $13,131 $26,378
2018 $3,680 $37,220 $12,370 $24,850
2017 $3,619 $35,186 $11,694 $23,492
2016 $3,481 $32,643 $10,849 $21,794
2015 -- $29,920 $9,944 $19,976
2014 -- $29,550 $9,821 $19,729
2013 -- $30,329 $10,080 $20,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10683145

Midwest Real Estate Data (MRED)

APN: 06-12-454-021

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