566 Walnut Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $248,538 - $375,000
3
Beds
3
Baths
--
Sq Ft
7,841
Sq Ft Lot
Highlights
- Deck
- 2 Car Detached Garage
- Heating System Uses Steam
- Traditional Architecture
About This Home
As of April 2020Great location with positive cash flow, live in one unit and rent the other one, and cut your mortgage payment in half. this Victorian building has two unit, one in lower part with two bedrooms and 1 bath, plenty of storage formal living room and big kitchen. the upper unit has a Big bedroom and possible two, nice kitchen, two car garage with plenty of space for a couple more outside the garage, great yard and a front porch/Deck. it has a nice basement with a extra bath good area for laundry. Make it yours today and enjoy the pride of ownership. call for a showing now.property sold as is condition, will pass FHA make and appointment today.
Last Listed By
Bonifacio Mondragon
Coldwell Banker Realty License #471002091 Listed on: 02/25/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,902
Year Built | Renovated
- 1895 | 2018
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50 x 157
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Traditional Architecture
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Schools
- Washington Elementary School
- Abbott Middle School
- Larkin High School
Additional Features
- Basement Fills Entire Space Under The House
- Deck
- Heating System Uses Steam
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $50
- Fuel Expense $910
- Insurance Expense $975
- Maintenance Expense $300
- Water Sewer Expense $1,416
- Gross Income $24,900
- Net Operating Income $21,274
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2024
Sold by
Hernandez Eleazar
Bought by
Garcia Eleazar Hernandez and Meza Ulises Hernandez
Total Days on Market
3
Current Estimated Value
Purchase Details
Listed on
Feb 25, 2020
Closed on
Apr 17, 2020
Sold by
Avila Rodrigo Mondragon
Bought by
Hernandez Eleazar
Seller's Agent
Bonifacio Mondragon
Coldwell Banker Realty
Buyer's Agent
Jesus Perez
Casablanca
List Price
$179,900
Sold Price
$166,000
Premium/Discount to List
-$13,900
-7.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$162,993
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 15, 2017
Sold by
Villagomez Providence and Vargas Gabriel
Bought by
Avila Rodrigo Mondragon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 1998
Sold by
Edwards Robert W and Marshall Gregg S
Bought by
Villagomez Providencia and Vargas Gabriel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,399
Interest Rate
7.27%
Mortgage Type
FHA
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
Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Eleazar Hernandez | -- | None Listed On Document | |
| Garcia Eleazar Hernandez | -- | None Listed On Document | |
| Hernandez Eleazar | $166,000 | Fidelity National Title | |
| Avila Rodrigo Mondragon | $130,000 | Fidelity National Title | |
| Villagomez Providencia | $133,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hernandez Eleazar | $162,993 | |
| Previous Owner | Avila Rodrigo Mondragon | $104,000 | |
| Previous Owner | Villagomez Providencia | $129,000 | |
| Previous Owner | Villagomez Providencia | $130,399 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2020 04/20/20 | Sold | $166,000 | -7.7% | -- |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 02/25/2020 02/25/20 | For Sale | $179,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $4,058 | $59,172 | $13,655 | $45,517 |
| 2022 | $3,549 | $50,182 | $12,451 | $37,731 |
| 2021 | $3,644 | $46,849 | $11,641 | $35,208 |
| 2020 | $3,532 | $44,724 | $11,113 | $33,611 |
| 2019 | $3,419 | $42,603 | $10,586 | $32,017 |
| 2018 | $3,375 | $40,135 | $9,973 | $30,162 |
| 2017 | $3,902 | $37,942 | $9,428 | $28,514 |
| 2016 | $3,754 | $35,200 | $8,747 | $26,453 |
| 2015 | -- | $32,264 | $8,017 | $24,247 |
| 2014 | -- | $31,866 | $7,918 | $23,948 |
| 2013 | -- | $32,707 | $8,127 | $24,580 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Bonifacio Mondragon
Coldwell Banker Realty
(847) 875-5770
48 Total Sales
-
Jesus Perez
Buyer's Agent in 2020
Jesus Perez
Casablanca
(630) 878-9064
1 in this area
430 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10647157
APN: 06-23-201-009
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