NOT LISTED FOR SALE

554 Wellington Ave Elgin, IL 60120

Elgin National Watch Historic District Neighborhood

Estimated Value: $184,000 - $202,567

2 Beds
1 Bath
850 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $105,000 $124 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,290/month

64 Days on Market

Highlights

  • Lake Front
  • Deck
  • Porch
  • Cape Cod Architecture
  • Wooded Lot
  • Breakfast Bar

About This Home

As of September 2016

Recently remodeled 2 bedroom home on half acre wooded lot fronting river tucked away in downtown Elgin . Neatly appointed move-in ready home with river access is the perfect place to call home. Walking distance to train, bus and shopping. Minutes from I-90 and Lake St. This is truly a must see!!!

Last Agent to Sell the Property

Joe Taylor

Realty Executives Advance License #475135157 Listed on: 06/02/2016

Realty Executives Advance

Last Buyer's Agent

Matt Kombrink

One Source Realty License #471007391

Home Details

Home Type

  • Single Family

Lot Details

  • Lake Front
  • River Front
  • East or West Exposure
  • Irregular Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Kitchen

  • Breakfast Bar
  • Oven or Range

Parking

  • Parking Available
  • Gravel Driveway
  • Dirt Driveway
  • Parking Included in Price

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Crawl Space
  • Property is near bus stop

Home Details

Home Type

Single Family

Lot Details

0.52 Acres

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Appliances: Oven/Range, Refrigerator
  • Equipment: CO Detectors
  • Basement: Crawl
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X6, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Deck, Dimensions: 20X16, On Level: Main Level, Flooring: Other, Windows: None
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 850

Exterior Features

  • Foundation: Block
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Aluminum Siding, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Waterfront: Yes
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • Exposure: E (East), W (West), Lake/Water
  • Acreage: 0.528

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Driveway: Dirt, Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 67X337X70X354
  • Lot Description: Irregular, River Front, Wooded
  • Parcel Identification Number: 0624177012

Tax Info

  • Taxes: 2673.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Sep 7, 2016
Sold by
Besinger Greg
Bought by
Eisenberg Dara
Seller's Agent
Joe Taylor
Realty Executives Advance
Buyer's Agent
Matt Kombrink
One Source Realty
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%
Current Estimated Value
$190,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,522
Avg. Annual Appreciation
6.49%
Original Mortgage
$84,000
Outstanding Balance
$67,096
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$123,426

Purchase Details

Closed on
Jun 8, 2009
Sold by
Besinger Chase and Bell Chase S
Bought by
Besinger Greg and Chase S Besinger Trust #2

Purchase Details

Closed on
Feb 11, 2009
Sold by
Besinger Ollie
Bought by
Bell Chase S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Besinger Ollie and Ebanks Ronnie
Bought by
Besinger Ollie

Purchase Details

Closed on
Jan 1, 2007
Sold by
Besinger Ollie
Bought by
Besinger Ollie and Ebanks Ronnie

Purchase Details

Closed on
Aug 31, 2006
Sold by
Baggio Joseph P
Bought by
Besinger Ollie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 1999
Sold by
Morland Margaret
Bought by
Baggio Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eisenberg Dara $105,000 Chicago Title Ins Co
Besinger Greg -- None Available
Bell Chase S $155,000 Chicago Title Insurance Co
Besinger Ollie -- None Available
Besinger Ollie -- None Available
Besinger Ollie $155,000 Chicago Title Insurance Co
Baggio Joseph P $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenberg Dara $84,000
Previous Owner Bell Chase S $116,250
Previous Owner Besinger Ollie $131,750
Previous Owner Baggio Joseph P $43,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $105,000 -8.6% $124 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $114,900 -- $135 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,459 $51,218 $19,536 $31,682
2023 $3,262 $46,271 $17,649 $28,622
2022 $3,138 $42,191 $16,093 $26,098
2021 $2,984 $39,446 $15,046 $24,400
2020 $2,786 $36,549 $14,364 $22,185
2019 $2,691 $34,816 $13,683 $21,133
2018 $2,242 $28,678 $12,890 $15,788
2017 $2,171 $27,111 $12,186 $14,925
2016 $2,682 $25,151 $11,305 $13,846
2015 -- $23,053 $10,362 $12,691
2014 -- $22,768 $10,234 $12,534
2013 -- $25,639 $10,504 $15,135
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joe Taylor

    Realty Executives

    (224) 489-7214

    35 Total Sales

    Joe Taylor
    Section Image
  • Matt Kombrink

    Buyer's Agent in 2016

    Matt Kombrink

    One Source Realty

    (630) 803-8444

    900 Total Sales

    Matt Kombrink
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09247088

Midwest Real Estate Data (MRED)

APN: 06-24-177-012

Illinois Kane County Elgin 60120 Elgin National Watch Historic District

554 Wellington Ave, Elgin, IL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.