552 Walnut Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $233,890 - $249,000
3
Beds
1
Bath
1,376
Sq Ft
$176/Sq Ft
Est. Value
About This Home
As of December 2021HUGE PRICE REDUCTION and new roof to be installed in the next 2 weeks!! Be a part of Elgin's history. This home dates back to 1863 and has stood the test of time. Imagine all the possibilities! Situated on a corner lot, an added bonus is the extra lot that is included with the home. That lot is approx 49X107. There are 3 full bedrooms, 2 upstairs plus a bonus room on the 2nd floor. The main floor features the master bedroom and a fully renovated full bath bath. All rooms have fresh paint and new carpet. There is space for a table in the kitchen. The living room/dining room is spacious and versatile. Many windows bring in lots of natural light. In addition to the 2 nicely sized bedrooms upstairs, there is a bonus/flex space. The main floor breezeway connects you to the attached garage. So many updates make this a great move in ready home. With a little additional effort, this has the potential for even greater things and built in equity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,873
Year Built
- 1863
Lot Details
- 5,271
Parking
- Attached Garage
- Parking Included in Price
Home Design
- Frame Construction
Interior Spaces
- 2-Story Property
- Combination Dining and Living Room
- Unfinished Basement
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2021
Closed on
Dec 8, 2021
Sold by
Cayez Paul
Bought by
Herrera Clara Mena
Seller's Agent
Sharon Mennerick
HomeSmart Connect LLC
Buyer's Agent
Eduardo Diaz
Casablanca
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Total Days on Market
15
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
$76,723
Avg. Annual Appreciation
11.76%
Purchase Details
Closed on
Jun 29, 2006
Sold by
Archer James E
Bought by
Cayez Paul
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Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Herrera Clara Mena | $165,000 | Chicago Title | |
| Cayez Paul | $150,000 | Ticor Title Insurance Compan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2021 12/14/21 | Sold | $165,000 | -10.8% | $120 / Sq Ft |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 11/01/2021 11/01/21 | For Sale | $185,000 | -- | $134 / Sq Ft |
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 | $4,873 | $57,166 | $10,779 | $46,387 |
| 2022 | $4,520 | $52,126 | $9,829 | $42,297 |
| 2021 | $3,813 | $48,734 | $9,189 | $39,545 |
| 2020 | $3,696 | $46,524 | $8,772 | $37,752 |
| 2019 | $3,579 | $44,317 | $8,356 | $35,961 |
| 2018 | $3,544 | $41,750 | $7,872 | $33,878 |
| 2017 | $3,442 | $39,469 | $7,442 | $32,027 |
| 2016 | $3,265 | $36,616 | $6,904 | $29,712 |
| 2015 | -- | $33,562 | $6,328 | $27,234 |
| 2014 | -- | $33,148 | $6,250 | $26,898 |
| 2013 | -- | $34,022 | $6,415 | $27,607 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Mennerick
Seller's Agent in 2021
Sharon Mennerick
HomeSmart Connect LLC
(630) 408-5844
1 in this area
98 Total Sales
-
Kevin Mennerick
Seller Co-Listing Agent in 2021
Kevin Mennerick
HomeSmart Connect LLC
(630) 461-2446
1 in this area
73 Total Sales
-
Eduardo Diaz
E
Buyer's Agent in 2021
Eduardo Diaz
Casablanca
(847) 289-0900
1 in this area
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11187009
APN: 06-23-201-013
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