NOT LISTED FOR SALE

Estimated Value: $314,000 - $348,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 03, 2024

Last sale price $314,900

Est. 3% increase in value since last sale

Current estimated payment $2,207/month

23 Days on Market

Highlights

  • Deck
  • Balcony
  • Paved or Partially Paved Lot
  • American Four Square Architecture

About This Home

As of October 2024

UNIQUE OPPORTUNITY IN THIS GREAT LARGE 2 UNIT WITH NICE BRIGHT AIRY APARTMENTS. BEAUTIFUL WOOD MOLDINGS THROUGHOUT, HARDWOOD FLOORS AND GENEROUS ROOM SIZES. EACH WITH FORMAL DINING ROOMS AND BALCONY. ENJOY A TOTAL OF 1,119 SQ. FT. IN EACH UNIT PLUS FULL BASEMENT WITH TALL CEILINGS FOR EXTRA ROOM AND STORAGE, JUST WAITING FOR YOUR FINISHING TOUCH. LOCATED IN A GORGEOUS HISTORIC DISTRICT NEIGHBORHOOD IN ELGIN'S EAST SIDE. CONVENIENT PARKING IN THE BACK. SEPARATE ELECTRIC AND GAS. WALKING DISTANCE TO SCHOOL, PARK, ELGIN FIRE BARN MUSEUM & EASY ACCESS TO I90. GREAT INVESTMENT OPPORTUNITY WITH LOTS OF POTENTIAL. DON'T MISS OUT!

Last Agent to Sell the Property

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 07/22/2024

Co-Listed By

Araceli Castillo

Zamudio Realty Group License #475195149

Last Buyer's Agent

Oscar Brand

RE/MAX City License #475154826

RE/MAX City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,898

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50 x 130
  • Paved or Partially Paved Lot

Home Design

  • American Four Square Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Deck

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,898

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 130
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5897.7
  • Tax Year: 2023
  • Tax Exemptions: None

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
Jul 22, 2024
Closed on
Sep 24, 2024
Sold by
Sifuentes Jesus and Sifuentes Dominga C
Bought by
Escobar Fabian and Chacon Yudith
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Oscar Brand
RE/MAX City
List Price
$314,900
Sold Price
$314,900
Views
44
Current Estimated Value
$324,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,717
Avg. Annual Appreciation
2.46%
Original Mortgage
$251,920
Outstanding Balance
$249,639
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$74,978

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 26, 2022
Sold by
Santos Arms Corp
Bought by
Sifuentes Jesus
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Feb 6, 2020
Sold by
Santos Jorge
Bought by
Santos Arms Corporation

Purchase Details

Closed on
Apr 22, 2016
Sold by
Alejandres Aurora and Alejandres Rafael
Bought by
Santos Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Alejandres Alicia and Alejandres Aurora
Bought by
Alejandres Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 18, 2002
Sold by
Robledo Juan and Rivas Rebecca
Bought by
Alejandres Alicia and Alejandres Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2000
Sold by
Robledo Juann and Robledo Martin
Bought by
Robledo Juan and Rivas Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.03%
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
Escobar Fabian $315,000 None Listed On Document
Sifuentes Jesus $260,000 Chicago Title
Santos Arms Corporation -- Chicago Title Insurance Co
Santos Jorge $110,000 Attorney
Alejandres Aurora -- Residential Title Services
Alejandres Alicia $210,000 Multiple
Robledo Juan -- Express Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Fabian $251,920
Previous Owner Santos Jorge $82,500
Previous Owner Alejandres Aurora $209,500
Previous Owner Alejandres Alicia $206,755
Previous Owner Robledo Juan $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2024 10/03/24 Sold $314,900 0.0% --
08/15/2024 08/15/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $314,900 0.0% --
08/07/2024 08/07/24 For Sale $314,900 0.0% --
07/23/2024 07/23/24 Off Market $314,900 -- --
07/22/2024 07/22/24 For Sale $320,000 +23.1% --
06/01/2022 06/01/22 Sold $260,000 0.0% -- View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $259,900 -- --
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 $6,129 $76,580 $12,616 $63,964
2023 $5,898 $69,185 $11,398 $57,787
2022 $5,055 $58,295 $10,393 $47,902
2021 $4,863 $54,502 $9,717 $44,785
2020 $4,745 $52,030 $9,276 $42,754
2019 $4,069 $49,562 $8,836 $40,726
2018 $4,023 $46,690 $8,324 $38,366
2017 $3,923 $44,139 $7,869 $36,270
2016 $3,727 $40,949 $7,300 $33,649
2015 -- $37,533 $6,691 $30,842
2014 -- $37,069 $6,608 $30,461
2013 -- $38,047 $6,782 $31,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12046766

Midwest Real Estate Data (MRED)

APN: 06-24-254-009