Seller's Agent in 2020
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
(224) 239-3966
7 in this area
2,694 Total Sales
56 Monroe St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $303,000 - $343,000
4
Beds
3
Baths
2,055
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Mature Trees
- American Four Square Architecture
- Main Floor Bedroom
- Recreation Room
- Wood Flooring
- Corner Lot
About This Home
As of January 2020Charming Four-Square home set on a quiet, Double Corner Lot! Enjoy this classic home that boasts a beautiful blend of original woodwork and style with updated features and generous room sizes! The enclosed porch is a great place to sit and enjoy morning coffee. Get the feeling of HOME when you walk into the family room with a wood burning fireplace. Eat-in kitchen offers an abundance of white cabinetry and plenty of counter space ~ plus opens to a formal dining room with stunning, custom woodwork and timeless tin ceiling. Convenient first floor bedroom with original hardwood floors and a beautifully updated private full bath, perfect for in-law arrangement or guests! Second floor HUGE master bedroom with walk-in custom closet. 2 additional bedrooms and full bath with loads of built-in cabinets for storage. Partially finished basement includes a rec room, an office, and a half bath. Classic attic with interior stairs is ready for your customization! Updates include brand new carpet on the main floor, stairs, and upstairs hallway. Newer windows in porch, family room and dining room as well as 2nd floor front bedroom. Extra-large fenced yard with paver patio and detached 2 car garage. Conveniently located close to Rt 20 and Randal Rd corridor, schools, Downtown Elgin, and shopping/dining/entertainment! Don't Miss Out!
Last Agent to Sell the Property
Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 12/02/2019
Home Details
Home Type
- Single Family
Year Built
- 1923
Lot Details
- Southern Exposure
- East or West Exposure
- Fenced Yard
- Corner Lot
- Mature Trees
Parking
- Detached Garage
- Parking Available
- Garage Transmitter
- Garage Door Opener
- Driveway
- Off-Street Parking
- Parking Included in Price
- Garage Is Owned
Home Design
- American Four Square Architecture
- Brick Exterior Construction
- Slab Foundation
- Slate Roof
Interior Spaces
- Built-In Features
- Wood Burning Fireplace
- Recreation Room
- Screened Porch
- Storm Screens
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- Main Floor Bedroom
- In-Law or Guest Suite
- Bathroom on Main Level
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Location
- Property is near a bus stop
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2019
Closed on
Jan 27, 2020
Sold by
Arnold Michael and Arnold Pamela
Bought by
Tabb Gavin
Seller's Agent
Sarah Leonard
Legacy Properties, A Sarah Leonard Company, LLC
Buyer's Agent
Giovanna Schmieder
Keller Williams Infinity
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%
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
$125,047
Avg. Annual Appreciation
8.82%
Original Mortgage
$186,725
Outstanding Balance
$166,535
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$151,012
Purchase Details
Closed on
Jan 29, 2004
Sold by
Hayward Donald R and Hayward Marie J
Bought by
Arnold Michael and Arnold Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,375
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Tabb Gavin | $192,500 | First American Title | |
| Arnold Michael | $242,500 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tabb Gavin | $186,725 | |
| Previous Owner | Arnold Michael | $230,375 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2020 01/29/20 | Sold | $192,500 | -3.8% | $94 / Sq Ft |
| 12/30/2019 12/30/19 | Pending | -- | -- | -- |
| 12/02/2019 12/02/19 | For Sale | $200,000 | -- | $97 / 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 |
|---|---|---|---|---|
| 2024 | $4,881 | $68,994 | $16,613 | $52,381 |
| 2023 | $4,631 | $62,331 | $15,009 | $47,322 |
| 2022 | $4,408 | $56,835 | $13,686 | $43,149 |
| 2021 | $4,205 | $53,136 | $12,795 | $40,341 |
| 2020 | $7,191 | $78,847 | $12,215 | $66,632 |
| 2019 | $7,015 | $75,107 | $11,636 | $63,471 |
| 2018 | $5,933 | $66,007 | $10,962 | $55,045 |
| 2017 | $5,801 | $62,400 | $10,363 | $52,037 |
| 2016 | $5,534 | $57,890 | $9,614 | $48,276 |
| 2015 | -- | $53,061 | $8,812 | $44,249 |
| 2014 | -- | $52,406 | $8,703 | $43,703 |
| 2013 | -- | $53,789 | $8,933 | $44,856 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Leonard
-
Giovanna Schmieder
Buyer's Agent in 2020
Giovanna Schmieder
Keller Williams Infinity
(630) 333-2798
304 Total Sales
-
Angela Nelson
A
Buyer Co-Listing Agent in 2020
Angela Nelson
Keller Williams Infinity
(630) 391-1589
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10585956
APN: 06-14-302-014
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