543 Raymond St Elgin, IL 60120
Elgin National Watch Historic District NeighborhoodEstimated Value: $247,000 - $281,000
5
Beds
2
Baths
--
Sq Ft
0.25
Acres
Highlights
- Cape Cod Architecture
- South Elgin High School Rated A-
- Forced Air Heating System
About This Home
As of June 2018LEGAL 2-FLAT IN EXCELLENT OVERALL CONDITION PROVIDING DEPENDABLE HIGH CASH FLOW WITH GOOD LONG TERM TENANTS. A TRULY TURN-KEY INVESTMENT WITH 10.55% MARKET CAP RATE.
Last Agent to Sell the Property
Patrick Jage
Sterling Realty & Prop Mgt LLC License #471001727 Listed on: 03/28/2018
Last Buyer's Agent
Christopher Davis
Tanis Group Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,698
Year Built
- Built in 1889 | Remodeled in 2017
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 30x125
Home Design
- Cape Cod Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
- Cedar
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Gross Income $23,700
- Net Operating Income $16,349
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2018
Closed on
Jun 26, 2018
Sold by
Wisefools Re Llc
Bought by
Flesher Jason and Flesher Kristin A
Seller's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
Buyer's Agent
Christopher Davis
Tanis Group Realty
List Price
$159,900
Sold Price
$159,900
Total Days on Market
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,382
Avg. Annual Appreciation
7.21%
Original Mortgage
$119,925
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 28, 2018
Closed on
May 19, 2018
Sold by
543 Raymond Street Series Of Wisefools L
Bought by
Wisefools Re Llc
Seller's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
Buyer's Agent
Christopher Davis
Tanis Group Realty
List Price
$159,900
Sold Price
$159,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,925
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 6, 2012
Closed on
May 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
The 543 Raymond Street Wisefools Llc
Seller's Agent
James Dumont
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Patrick Jage
Sterling Realty & Prop Mgt LLC
List Price
$54,900
Sold Price
$54,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.15%
Purchase Details
Closed on
Dec 12, 2011
Sold by
Aguilera Sergio
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Jun 6, 2001
Sold by
Hud
Bought by
Aguilera Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,450
Interest Rate
10.62%
Purchase Details
Closed on
Oct 20, 2000
Sold by
Gonzalez Rolando and Juarez Marcela
Bought by
Hud
Purchase Details
Closed on
Feb 26, 1999
Sold by
Garcia Salvador
Bought by
Gonzalez Rolando and Juarez Marcela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,729
Interest Rate
6.83%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 18, 1998
Sold by
Farney Robert E
Bought by
Garcia Salvador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.99%
Similar Homes in Elgin, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flesher Jason | $150,000 | Chicago Title Ins Co | |
| Wisefools Re Llc | -- | Attorney | |
| The 543 Raymond Street Wisefools Llc | $55,000 | Attorneys Title Guaranty Fun | |
| Federal Home Loan Mortgage Corp | -- | None Available | |
| Aguilera Sergio | -- | Stewart Title Company | |
| Hud | -- | Wheatland Title | |
| Gonzalez Rolando | $125,000 | -- | |
| Garcia Salvador | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flesher Jason | $121,500 | |
| Closed | Flesher Jason | $119,925 | |
| Previous Owner | Aguilera Sergio | $158,000 | |
| Previous Owner | Aguilera Sergio | $152,000 | |
| Previous Owner | Aguilera Sergio | $90,450 | |
| Previous Owner | Gonzalez Rolando | $123,729 | |
| Previous Owner | Garcia Salvador | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2018 06/28/18 | Sold | $159,900 | 0.0% | -- |
| 05/08/2018 05/08/18 | Pending | -- | -- | -- |
| 04/06/2018 04/06/18 | Off Market | $159,900 | -- | -- |
| 03/30/2018 03/30/18 | Pending | -- | -- | -- |
| 03/28/2018 03/28/18 | For Sale | $159,900 | +191.3% | -- |
| 05/25/2012 05/25/12 | Sold | $54,900 | 0.0% | -- |
| 05/09/2012 05/09/12 | Pending | -- | -- | -- |
| 04/10/2012 04/10/12 | For Sale | $54,900 | 0.0% | -- |
| 04/08/2012 04/08/12 | Off Market | $54,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,283 | $58,240 | $13,054 | $45,186 |
| 2022 | $3,760 | $49,359 | $11,903 | $37,456 |
| 2021 | $3,582 | $46,147 | $11,128 | $35,019 |
| 2020 | $3,471 | $44,054 | $10,623 | $33,431 |
| 2019 | $3,359 | $41,964 | $10,119 | $31,845 |
| 2018 | $3,908 | $39,533 | $9,533 | $30,000 |
| 2017 | $3,844 | $37,373 | $9,012 | $28,361 |
| 2016 | $3,698 | $34,672 | $8,361 | $26,311 |
| 2015 | -- | $31,780 | $7,664 | $24,116 |
| 2014 | -- | $31,387 | $7,569 | $23,818 |
| 2013 | -- | $32,215 | $7,769 | $24,446 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2018
Patrick Jage
Sterling Realty & Prop Mgt LLC
(630) 251-7537
-
Buyer's Agent in 2018
Christopher Davis
Tanis Group Realty
(847) 489-3476
3 in this area
361 Total Sales
-
James Dumont
Seller's Agent in 2012
James Dumont
Baird Warner
(630) 364-9119
109 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09898266
APN: 06-24-251-010
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