NOT LISTED FOR SALE

525 S Gilbert St South Elgin, IL 60177

Estimated Value: $273,000 - $304,000

3 Beds
1 Bath
912 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $265,000 $291 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,002/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Ranch Style House
  • South Elgin High School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of April 2023

HURRY!! WON'T LAST-IMMACULATE & CUTE RANCH! CALLING ALL CAR BUFFS-HEATED, INSULATED, 2X8 WOOD PANELED 3-CAR GARAGE---YOU CAN THROW A PARTY OUT THERE! DON'T FORGET THE WHOLE HOUSE GENERATOR AS WELL!!! MOVE-IN READY...BLINDS ON ALL WINDOWS, NEUTRAL PAINT & CARPET WITH HARDWOOD UNDERNEATH. SPACIOUS EAT-IN KITCHEN WITH FLOOR-TO-CEILING PANTRY. BIG FAM RM WITH SUNNY PICTURE WINDOW PLUS ANOTHER REC RM, STORAGE RM, & ROUGHED-IN BATH IN THE FIN BASEMENT. UNBELIEVABLE AMOUNT OF STORAGE THRUOUT...2 SEPARATE PULL-DOWN STAIRS (WITH SOME FLOORING) IN THE HOUSE & THE GARAGE. BRAND NEW HVAC/WHOLE HOUSE BRYANT HUMIDIFIER & A/C. NEW IN 2022-H2O HEATER. NEWER VINYL SIDING, ROOF, AND WINDOWS. GARAGE AND CONCRETE DRIVE/APRON IS ONLY 10 YRS OLD. PRIVATE BACKYARD FEATURES A HUGE FRESHLY STAINED WOOD DECK, BEAUTIFUL PERENNIAL FLOWERS, AND MATURE LANDSCAPING. BIG TREES FOR SHADE IN THE SUMMER. PERFECT FOR DOWNSIZING OR A WONDERFUL STARTER HOME WITH ONE-LEVEL LIVING. ALL APPLIANCES INCL WASH/DRYER, H2O SOFTENER, POOL TABLE, GUN SAFE, GENERATOR, AND GARAGE HEATER STAYS. MOST FURNITURE IS AVAILABLE AS WELL, BUYER CAN MAKE AN OFFER SEPARATE FROM CONTRACT. HOME IS AS-IS BUT HAS BEEN MAINTAINED BEAUTIFULLY.

Last Agent to Sell the Property

Erin Davis

Exclusive Real Estate License #471004182 Listed on: 03/15/2023

Last Buyer's Agent

Kelly Bradley

One Source Realty License #475178536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,189

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 60 x 184
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Recreation or Family Area in Basement
  • Rough-In Basement Bathroom
  • Basement Storage

Outdoor Features

  • Deck

Schools

  • Willard Elementary School
  • Kimball Middle School
  • Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Community Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Ranch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,189

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 800
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Drapes/Blinds, Some Wall-To-Wall Cp, Pantry
  • LivingArea: 912
  • Other Equipment: Humidifier, Water-Softener Owned, TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer, Recreation Room
  • Estimated Total Finished Sq Ft: 1712
  • Basement Description: Finished,Bathroom Rough-In,Rec/Family Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 912
  • Basement Sq Ft: 912
  • Total Sq Ft: 1824
  • Unfinished Basement Sq Ft: 112
  • Upper Level Sq Ft: 912
  • Attic: Full,Pull Down Stair
  • Window Features: Blinds,Double Pane Windows,Insulated Windows
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 249999
  • Lot Features: Corner Lot, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Chute, Sink
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willard Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Kimball Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60 X 184
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4188.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 4, 2023
Sold by
Deacon Robert S
Bought by
Garcia Alondra and Lamb Katherine Ann
Seller's Agent
Erin Davis
Exclusive Real Estate
Buyer's Agent
Kelly Bradley
One Source Realty
List Price
$249,999
Sold Price
$265,000
Premium/Discount to List
$15,001
6%
Total Days on Market
2
Views
49
Current Estimated Value
$290,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,139
Avg. Annual Appreciation
4.35%
Original Mortgage
$100,000
Outstanding Balance
$97,638
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$192,501

Purchase Details

Closed on
Apr 4, 2009
Sold by
Easley Ronald L
Bought by
Deacon Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Short Richard L and Short Patricia A
Bought by
Easley Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Garcia Alondra $265,000 Chicago Title
Deacon Robert S $154,000 First American Title
Easley Ronald L $175,000 Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Alondra $100,000
Previous Owner Deacon Robert S $108,800
Previous Owner Deacon Robert S $123,200
Previous Owner Easley Ronald L $140,000
Previous Owner Short Richard L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $265,000 0.0% $291 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/17/2023 03/17/23 Off Market $265,000 -- --
03/15/2023 03/15/23 For Sale $249,999 -- $274 / 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
2023 $4,474 $69,325 $17,033 $52,292
2022 $4,493 $63,212 $15,531 $47,681
2021 $4,189 $59,098 $14,520 $44,578
2020 $4,033 $56,419 $13,862 $42,557
2019 $4,302 $53,742 $13,204 $40,538
2018 $4,206 $50,628 $12,439 $38,189
2017 $3,986 $47,861 $11,759 $36,102
2016 $3,780 $44,402 $10,909 $33,493
2015 -- $40,698 $9,999 $30,699
2014 -- $40,196 $9,876 $30,320
2013 -- $41,257 $10,137 $31,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737957

Midwest Real Estate Data (MRED)

APN: 06-35-476-001