NOT LISTED FOR SALE

524 Preston Ave Elgin, IL 60120

Estimated Value: $288,000 - $323,000

3 Beds
2 Baths
1,625 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $154,500 $95 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,137/month

19 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Fenced Yard
  • Recreation Room
  • Main Floor Bedroom
  • Detached Garage

About This Home

As of October 2015

Well maintained brick bungalow with timeless architectural details. Formal Living Room with wood burning fireplace. Formal Dining Room with hardwood flooring. Kitchen remodeled in 2009 with loads of cabinets, deep sink & ceramic flooring. Just remodeled first floor bathroom is neutral with ceramic flooring & wainscoting. Two spacious bedrooms on the first floor with carpet(hardwood underneath). Extra large bedroom suite on second level with sitting room & large closets. Full finished lower level basement with kitchen, recreation room, office/den/playroom, extra large closet & storage room. Fully fenced rear yard with beautiful custom built arbor which is perfect for backyard entertaining! One car garage with attached screened room to enjoy warm evenings. Convenient to Lord's Park, shopping, restaurants, points east & west! Regular Sale.

Last Agent to Sell the Property

Susan Angell Case

Baird & Warner Fox Valley - Geneva Listed on: 08/10/2015

Last Buyer's Agent

Monica Vargas

GREAT HOMES REAL ESTATE, INC. License #471003354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,143

Year Built

  • 1935

Lot Details

  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Recreation Room
  • Play Room
  • Storage Room
  • Wood Flooring
  • Second Kitchen

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,143

Year Built

1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1935
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Refrigerator
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Attic: Finished, Interior Stair
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 2nd Kitchen, Play Room, Recreation Room, Storage
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 13X25, On Level: Basement, Flooring: Vinyl
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 10X10, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Storage, Dimensions: 10X9, On Level: Basement, Flooring: Other
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Playroom, Dimensions: 11X19, On Level: Basement, Flooring: Vinyl
  • Estimated Sq Ft: 1625
  • Dining Room Type: Separate
  • Family Room: Dimensions: 10X15, On Level: Basement, Flooring: Vinyl

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 46
  • Elementary School: LINCOLN ELEMENTARY SCHOOL
  • Middle School: LARSEN MIDDLE SCHOOL
  • High School: ELGIN HIGH SCHOOL
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 91 X 66
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0612478021

Tax Info

  • Taxes: 4204.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 16, 2015
Sold by
Villegas Ortiz Elena and Ortiz Marco A
Bought by
Rodriguez Cristal S and Rodriguez Christopher G
Seller's Agent
Susan Angell Case
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Monica Vargas
GREAT HOMES REAL ESTATE, INC.
List Price
$155,000
Sold Price
$154,500
Premium/Discount to List
-$500
-0.32%
Current Estimated Value
$306,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,154
Avg. Annual Appreciation
7.18%
Original Mortgage
$151,701
Outstanding Balance
$120,960
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$187,553

Purchase Details

Closed on
Nov 16, 2009
Sold by
Lopez Leopoldo
Bought by
Villegas Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2006
Sold by
Lopez Tirso and Lopez Leopoldo
Bought by
Lopez Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2003
Sold by
Lopez Tirso and Lopez Leopoldo
Bought by
Lopez Tirso and Lopez Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,404
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2003
Sold by
Flores Jose R and Flores Martha E
Bought by
Gonzalez Freddy and Lopez Tirso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,404
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 1996
Sold by
Nelson Elizabeth E and Nelson Betty
Bought by
Flores Jose R and Flores Martha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Rodriguez Cristal S $154,500 Baird & Warner Title Svcs In
Villegas Elena $103,000 Multiple
Lopez Leopoldo -- Alliance Title
Lopez Tirso -- --
Gonzalez Freddy $168,000 Law Title Insurance Co Inc
Flores Jose R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Cristal S $151,701
Previous Owner Villegas Elena $101,134
Previous Owner Gonzalez Freddy $165,404
Previous Owner Flores Jose R $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $154,500 -0.3% $95 / Sq Ft
08/29/2015 08/29/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $155,000 -- $95 / Sq Ft
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 $6,143 $84,765 $14,690 $70,075
2023 $5,846 $76,578 $13,271 $63,307
2022 $5,534 $69,826 $12,101 $57,725
2021 $5,289 $65,283 $11,314 $53,969
2020 $4,913 $59,870 $10,801 $49,069
2019 $4,766 $57,030 $10,289 $46,741
2018 $4,323 $49,724 $9,693 $40,031
2017 $4,218 $47,007 $9,163 $37,844
2016 $4,011 $43,610 $8,501 $35,109
2015 -- $39,973 $7,792 $32,181
2014 -- $39,480 $7,696 $31,784
2013 -- $46,278 $7,899 $38,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09007368

Midwest Real Estate Data (MRED)

APN: 06-12-478-021