NOT LISTED FOR SALE

56 N Commonwealth Ave Elgin, IL 60123

Estimated Value: $272,000 - $320,000

5 Beds
2 Baths
1,500 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $171,000 $114 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,184/month

28 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Senior Tax Exemptions

About This Home

As of January 2021

Home with Old World Charm and lots of Potential. House could use updating, but it is solid and has good bones. Excellent opportunity to make this all your own and build "sweat" equity. Enjoy your home and the beautiful neighborhood for many years to come.

Last Agent to Sell the Property

Irma Sifuentes

Executive Realty Group LLC License #475124892 Listed on: 11/06/2020

Executive Realty Group LLC

Co-Listed By

Lauren Sifuentes

Executive Realty Group LLC License #475179789

Last Buyer's Agent

Hebert Garcia

Realty Executives Advance License #475140705

Realty Executives Advance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,646

Year Built

  • 1900

Lot Details

  • 6,970

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,646

Year Built

1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1900

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 17X21, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 11X14, On Level: Main Level
  • Kitchen Type: Dimensions: 10X11, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 11X16, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 14X14, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X14, On Level: 2nd Level
  • Bedroom 4: Dimensions: 13X14, On Level: 2nd Level
  • Estimated Sq Ft: 1500
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding
  • Acreage: 0.1679

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 63 X 132
  • Parcel Identification Number: 0614301012

Tax Info

  • Taxes: 4748.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 27, 2021
Sold by
Villalobos Evaristo and Villalobos Esther
Bought by
Bermudez Rogelio Rojas
Seller's Agent
Irma Sifuentes
Executive Realty Group LLC
Buyer's Agent
Hebert Garcia
Realty Executives Advance
List Price
$169,900
Sold Price
$171,000
Premium/Discount to List
$1,100
0.65%
Total Days on Market
28
Current Estimated Value
$290,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,364
Avg. Annual Appreciation
12.34%
Original Mortgage
$167,902
Interest Rate
2.37%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Bermudez Rogelio Rojas $171,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas-Bermudez Rogelio $52,000
Previous Owner Bermudez Rogelio Rojas $167,902
Previous Owner Villalobos Evaristo $30,000
Previous Owner Villalobos Evaristo $147,000
Previous Owner Villalobos Evaristo $150,000
Previous Owner Villalobos Evaristo $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $171,000 +0.6% $114 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $169,900 -- $113 / 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
2023 $6,646 $85,963 $15,009 $70,954
2022 $6,277 $78,384 $13,686 $64,698
2021 $5,557 $73,283 $12,795 $60,488
2020 $5,377 $69,960 $12,215 $57,745
2019 $5,197 $66,642 $11,636 $55,006
2018 $4,749 $59,033 $10,962 $48,071
2017 $4,194 $55,807 $10,363 $45,444
2016 $4,882 $51,774 $9,614 $42,160
2015 -- $47,455 $8,812 $38,643
2014 -- $46,869 $8,703 $38,166
2013 -- $48,106 $8,933 $39,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10926822

Midwest Real Estate Data (MRED)

APN: 06-14-301-012