NOT LISTED FOR SALE

562 Algona Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $231,000 - $266,103

3 Beds
1 Bath
1,267 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $145,000 $114 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,744/month

33 Days on Market

Highlights

  • Loft
  • 1-Story Property
  • Paved or Partially Paved Lot
  • 1 Car Detached Garage

About This Home

As of August 2019

Attention Investors/handymen! Attractive single family 2 story home- amazing opportunity with great potential! Great layout, hardwood flooring, detached garage and fenced in backyard! Convenient location- not far from schools, shopping, dining, and parks. Selling as is and quick close possible!

Last Agent to Sell the Property

Christopher Lobrillo

Grandview Realty, LLC License #471019567 Listed on: 06/28/2019

Co-Listed By

Lynda Sanchez-Werner

Grandview Realty, LLC License #475178706

Last Buyer's Agent

Israel Ballesteros

REMAX Horizon

REMAX Horizon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,393

Year Built

  • Built in 1915

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 66.00 x 187.00
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Cedar

Interior Spaces

  • 1,267 Sq Ft Home
  • 1-Story Property
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,393

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1267
  • Room Type: Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.2932
  • Lot Dimensions: 66.00 X 187.00
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3393.38
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 28, 2019
Sold by
Grandview Capital Llc
Bought by
Morales Anthony
Seller's Agent
Christopher Lobrillo
Grandview Realty, LLC
Buyer's Agent
Israel Ballesteros
REMAX Horizon
List Price
$144,900
Sold Price
$145,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$253,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,042
Avg. Annual Appreciation
8.67%
Original Mortgage
$140,650
Outstanding Balance
$124,190
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$122,086

Purchase Details

Closed on
Jun 25, 2019
Sold by
Bracke Linda J
Bought by
Grandview Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2000
Sold by
Rozsa Greg and Rozsa Theresa
Bought by
Bracke Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7.83%
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
Morales Anthony $145,000 Chicago Title Insurance Co
Grandview Capital Llc $104,000 Chicago Land Agency Services
Bracke Linda J $133,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Anthony $140,650
Previous Owner Grandview Capital Llc $78,000
Previous Owner Bracke Linda J $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $145,000 +0.1% $114 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $144,900 0.0% $114 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $144,900 -- $114 / 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 $5,065 $71,293 $19,881 $51,412
2023 $4,809 $64,408 $17,961 $46,447
2022 $4,572 $58,729 $16,377 $42,352
2021 $4,363 $54,907 $15,311 $39,596
2020 $4,233 $52,417 $14,617 $37,800
2019 $4,103 $49,931 $13,924 $36,007
2018 $3,393 $40,323 $13,117 $27,206
2017 $3,304 $38,119 $12,400 $25,719
2016 $3,132 $35,364 $11,504 $23,860
2015 -- $32,414 $10,544 $21,870
2014 -- $32,014 $10,414 $21,600
2013 -- $36,771 $10,689 $26,082
Source: Public Records

Agents Affiliated with this Home

  • Christopher Lobrillo

    Seller's Agent in 2019

    Christopher Lobrillo

    Grandview Realty, LLC

    (630) 802-4411

    4 in this area

    1,754 Total Sales

    Christopher Lobrillo
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynda Sanchez-Werner

    Grandview Realty, LLC

    (630) 673-8004

    4 in this area

    1,526 Total Sales

    Lynda Sanchez-Werner
    Section Image

  • I

    Buyer's Agent in 2019

    Israel Ballesteros

    REMAX Horizon

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10434257

Midwest Real Estate Data (MRED)

APN: 06-12-407-009

Illinois Kane County Elgin 60120 Northeast Elgin

562 Algona Ave, Elgin, IL

Not Listed for Sale

Detached

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