NOT LISTED FOR SALE

Estimated Value: $375,000 - $508,000

5 Beds
3 Baths
-- Sq Ft
8,538 Sq Ft Lot Lot

Sale Details

Date Sold: October 17, 2016

Last sale price $205,000

Est. 110% increase in value since last sale

Current estimated payment $2,973 / mo

13 Days on Market

Highlights

  • Deck
  • Balcony
  • 2 Car Attached Garage
  • Fenced Yard
  • Porch
  • 4-minute walk to St Francis Park

About This Home

As of October 2016

Three levels of living space in this brick 2 unit conveniently located in Elgin's east side close to shops, train, restaurants and 90 expressway. First floor offers 3 bedrooms, living room with wood burning fireplace, big separate family room overlooking fenced in big backyard. New remodeled kitchen open to dining room with SS appliances. Family room could be 4th bedroom if needed. Bathroom updated. Full finished walkout basement with 2nd fireplace and sitting enclosed porch. Second unit offers 2 bedrooms one bath, actually rented to family for much lower price. month to month lease. Private driveway leads to 2 car garage on the back of the house for more privacy. Owner of 15 years has taking excellent care of this home. 3rd shift worker in home.

Last Agent to Sell the Property

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 08/09/2016

RE/MAX Horizon

Last Buyer's Agent

Raul Camacho

Rayma Realty Inc. License #471016784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 66 x 130
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Mckinley Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1954

Lot Details

8,538 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: MCKINLEY ELEMENTARY SCHOOL
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: LARSEN MIDDLE SCHOOL

Lot Info

  • Lot Dimensions: 66 X 130
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5200
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 17, 2016
Sold by
Soto Beatriz
Bought by
Garnica Loza Jose I
Seller's Agent
Ana Torelli
RE/MAX Horizon
Buyer's Agent
Raul Camacho
Rayma Realty Inc.
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$430,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,546
Avg. Annual Appreciation
8.25%
Original Mortgage
$201,286
Outstanding Balance
$159,400
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$279,912

Purchase Details

Closed on
Aug 14, 2012
Sold by
Reyes Beatriz and Soto Beatriz
Bought by
Soto Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2012
Sold by
Reyes Jose Carmen
Bought by
Soto Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2001
Sold by
Reyes Cynthia and Madrid Elizabeth
Bought by
Reyes Jose Carmen and Reyes Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.62%

Purchase Details

Closed on
Nov 29, 1999
Sold by
Willey Russel C and Willey Joan H
Bought by
Reyes Jose Carmen and Reyes Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,424
Interest Rate
8.02%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Garnica Loza Jose I $285,000 Chicago Title Insurance Co
Soto Beatriz -- None Available
Soto Beatriz -- None Available
Reyes Jose Carmen -- Chicago Title Insurance Co
Reyes Jose Carmen $189,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Garnica Loza Jose I $201,286
Previous Owner Soto Beatriz $92,500
Previous Owner Reyes Jose Carmen $185,500
Previous Owner Reyes Jose Carmen $187,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $205,000 +2.6% --
08/22/2016 08/22/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $199,900 -- --
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 $7,650 $103,763 $18,801 $84,962
2023 $7,296 $93,742 $16,985 $76,757
2022 $6,328 $79,113 $15,487 $63,626
2021 $6,052 $73,837 $14,479 $59,358
2020 $5,882 $70,488 $13,822 $56,666
2019 $5,711 $67,144 $13,166 $53,978
2018 $5,660 $63,254 $12,403 $50,851
2017 $5,533 $59,797 $11,725 $48,072
2016 $5,277 $55,476 $10,878 $44,598
2015 -- $50,849 $9,971 $40,878
2014 -- $50,221 $9,848 $40,373
2013 -- $51,546 $10,108 $41,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09311273

Midwest Real Estate Data (MRED)

APN: 06-12-377-011

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