NOT LISTED FOR SALE

525 Ryerson Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $282,398 - $315,000

5 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: August 20, 2013

Last sale price $65,000

Est. 361% increase in value since last sale

Current estimated payment $2,097 / mo

112 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Marie Grolich Park

About This Home

As of August 2013

TWO UNIT BUILDING ON THE SOUTHWEST SIDE OF ELGIN IN NEED OF SOME TLC, BUT CAN BE AN EXCELLENT MONEY MAKER WITH POSSIBLE RENTS IN THE $1900/MONTH RANGE. THIS IS A FREDDIE MAC HOMESTEPS PROPERTY AND UNDER THE FIRST LOOK INITIATIVE THE FIRST 15 DAYS OF LISTING ARE EXCLUSIVE FOR OWNER OCCUPANTS. INVESTORS ARE WELCOME TO MAKE OFFERS ON DAY 16 OF THE LISTING. DUE TO CONDITION, CASH OR FHA 203K REHAB LOANS ONLY

Last Agent to Sell the Property

John Wright

Keller Williams Premiere Properties License #475131980 Listed on: 03/27/2013

Keller Williams Premiere Properties

Last Buyer's Agent

Irma Sotelo

Property Details

Home Type

  • Other

Year Built

  • 1900

Lot Details

  • 7,841

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Frame Construction

Unfinished Basement

  • Walk-Out Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Home Type

Other

Year Built

1900

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 2 Flat
  • Built Before 1978 (Y/N): Yes
  • Special Features: 20
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 9
  • Basement: Walkout
  • Basement: Unfinished
  • Bedrooms All Levels: 5

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Block
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 60X133

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 22, 2013
Sold by
Bought by
Seller's Agent
John Wright
Keller Williams Premiere Properties
Buyer's Agent
Irma Sotelo
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$299,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,498
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,900
Interest Rate
0.0622%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
0.02%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 26, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$65,000 Attorneys Title Guaranty Fun
-- None Available
-- Law Title Joliet
-- Stewart Title Insurance Co
$86,666 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $24,900
Closed $200,000
Closed $182,400
Closed $32,000
Closed $134,305
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2013 08/20/13 Sold $65,000 -7.0% --
07/17/2013 07/17/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $69,900 0.0% --
05/15/2013 05/15/13 Pending -- -- --
04/26/2013 04/26/13 Price Changed $69,900 -12.5% --
03/27/2013 03/27/13 For Sale $79,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,749 $71,835 $14,434 $57,401
2023 $5,532 $64,897 $13,040 $51,857
2022 $4,758 $54,876 $11,890 $42,986
2021 $4,577 $51,305 $11,116 $40,189
2020 $4,467 $48,979 $10,612 $38,367
2019 $4,358 $46,656 $10,109 $36,547
2018 $4,345 $43,953 $9,523 $34,430
2017 $4,274 $41,552 $9,003 $32,549
2016 $4,097 $38,416 $8,352 $30,064
2015 -- $35,211 $7,655 $27,556
2014 -- $34,776 $7,560 $27,216
2013 -- $35,693 $7,759 $27,934
Source: Public Records

Agents Affiliated with this Home

  • John Wright

    Seller's Agent in 2013

    John Wright

    Keller Williams Premiere Properties

    (773) 733-1888

    127 Total Sales

    John Wright
    Section Image

  • I

    Buyer's Agent in 2013

    Irma Sotelo

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08302534

Midwest Real Estate Data (MRED)

APN: 06-24-160-005

Illinois Kane County Elgin 60123 Southwest Elgin

525 Ryerson Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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