NOT LISTED FOR SALE

Estimated Value: $268,000 - $296,677

5 Beds
3 Baths
-- Sq Ft
7,971 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $250,000

Est. 11% increase in value since last sale

Current estimated payment $1,916/month

62 Days on Market

About This Home

As of August 2022

This well kept 2 unit in Elgin is a great investment! Comes with a detach 4 car garage; 2 cars for each unit. Both units are currently rented and tenants are willing to renew their lease unless new buyer wants to live in one of the units. The 2nd floor unit has 2 bedrooms and spacious living room with an exit in the back. 1st floor unit is spacious with 3 bedrooms and separate dining area and living room. Both units have front and back access. Home is being sold AS IS.

Last Agent to Sell the Property

Ana Morado

HomeSmart Connect LLC License #475186397 Listed on: 04/07/2022

HomeSmart Connect LLC

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1900

Lot Details

  • 7,971

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 66x121
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,785

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Lot Info

  • Lot Dimensions: 66X121
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 3784.68
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Escamilla and Ernestina
Bought by
Alonzo Magdalena
Current Estimated Value
$277,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.25%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Alonzo Magdalena $250,000 Baird & Warner Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alonzo Magdalena $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $250,000 0.0% --
06/09/2022 06/09/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $250,000 0.0% --
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $250,000 -- --
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 $5,595 $69,910 $11,513 $58,397
2023 $5,384 $63,158 $10,401 $52,757
2022 $4,614 $53,216 $9,484 $43,732
2021 $4,439 $49,753 $8,867 $40,886
2020 $3,785 $47,497 $8,465 $39,032
2019 $3,665 $45,243 $8,063 $37,180
2018 $3,621 $42,622 $7,596 $35,026
2017 $3,527 $40,293 $7,181 $33,112
2016 $3,347 $37,381 $6,662 $30,719
2015 -- $34,263 $6,106 $28,157
2014 -- $33,840 $6,031 $27,809
2013 -- $34,733 $6,190 $28,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11368033

Midwest Real Estate Data (MRED)

APN: 06-24-178-008