NOT LISTED FOR SALE

56 Lincoln Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $179,000 - $241,529

2 Beds
1 Bath
1,044 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $82,000 $79 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,491/month

40 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Patio

About This Home

As of July 2015

Fannie Mae Homepath Property! Charming 1.5 Story with 2 bedrooms,1 bath. Arched doorways. Hardwood Floors. Fireplace in Living rm. Needs a little TLC. See attached docs prior to submitting an offer on Homepath.

Last Agent to Sell the Property

Kim DeVincentis

Capital Asset Group Inc. License #471007906 Listed on: 04/16/2015

Last Buyer's Agent

Katie Sondergaard

Heritage Realty Inc. License #471019505

Home Details

Home Type

  • Single Family

Year Built

  • 1925

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Stone Siding

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Patio
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Year Built

1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Hardwood
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1044
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stone
  • Exterior Property Features: Patio
  • Acreage: 0.1071

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 4667
  • Parcel Identification Number: 0611282008

Tax Info

  • Taxes: 3404.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2015
Sold by
Fox Benjamin J and Fox Amy
Bought by
Fox Benjamin J and Fox Amy
Current Estimated Value
$212,382

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 23, 2015
Sold by
Fannie Mae
Bought by
Fox Benjamin F and Cameron Amy
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Katie Sondergaard
Heritage Realty Inc.
List Price
$80,500
Sold Price
$82,000
Premium/Discount to List
$1,500
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$77,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Andino Edgar and Andino Maria H
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 31, 2014
Sold by
Andino Edgar and Andino Maria H
Bought by
Andino Edgar

Purchase Details

Closed on
May 26, 2000
Sold by
Heckman Caroll
Bought by
Andino Edgar and Andino Maria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.66%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fox Benjamin J -- Attorney
Fox Benjamin F $82,000 Real Estate Title Co
Federal National Mortgage Association -- None Available
Andino Edgar -- None Available
Andino Edgar $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Benjamin F $77,000
Previous Owner Andino Edgar $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $82,000 +1.9% $79 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $80,500 -- $77 / Sq Ft
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 $4,573 $65,147 $14,666 $50,481
2023 $4,335 $58,856 $13,250 $45,606
2022 $4,133 $53,667 $12,082 $41,585
2021 $3,941 $50,175 $11,296 $38,879
2020 $3,821 $47,900 $10,784 $37,116
2019 $3,701 $45,627 $10,272 $35,355
2018 $3,462 $41,021 $9,677 $31,344
2017 $3,371 $38,779 $9,148 $29,631
2016 $3,197 $35,977 $8,487 $27,490
2015 -- $32,976 $7,779 $25,197
2014 -- $32,569 $7,683 $24,886
2013 -- $33,428 $7,886 $25,542
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kim DeVincentis

    Capital Asset Group Inc.

    Section Image

  • K

    Buyer's Agent in 2015

    Katie Sondergaard

    Heritage Realty Inc.

    (847) 361-2016

    1 in this area

    9 Total Sales

    Katie Sondergaard
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08893341

Midwest Real Estate Data (MRED)

APN: 06-11-282-008

Illinois Kane County Elgin 60120 Northeast Elgin

56 Lincoln Ave, Elgin, IL

Not Listed for Sale

Detached

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