NOT LISTED FOR SALE

567 S Commonwealth Ave Elgin, IL 60123

Sunset Park Neighborhood

Estimated Value: $272,640 - $283,000

5 Beds
2 Baths
1,141 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $190,000 $167 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,999/month

24 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Patio
  • Fenced Yard
  • Breakfast Bar
  • Central Air

About This Home

As of November 2020

NICE RANCH HOME LOCATED ON DEAD ON STREET WITH 1 CAR ATTACHED FULLY DRY WALLED HEATED GARAGE. HUGH LIVING ROOM GREAT FOR ENTERTAINING, LARGE EAT-IN KITCHEN AND ALL APPLIANCES INCLUDED, ALL 3 BEDROOMS HAVE CEILING FANS, ALSO WHOLE HOUSE FAN, MAIN LEVEL BATHROOM NEWLY GLAZED TUB AND TILE THROUGH OUT. 2 BEDROOMS OR OFFICES IN BASEMENT, LAUNDRY ROOM HAS UTILITY SINK AND AND ADDITIONAL STORAGE ROOM, BACKYARD FEATURES INCLUDE CONCRETE PATIO, LARGE FULLY FENCED IN YARD AND LARGE SHED WITH ELECTRIC. CLOSE TO HIGHWAY ACCESS, SCHOOLS, TRAIN, SHOPPING, RESTAURANTS AND TRANSPORTATION.

Last Agent to Sell the Property

Gregory Fret

Century 21 Circle License #475132368 Listed on: 08/24/2020

Century 21 Circle

Last Buyer's Agent

Joel Perez Homes

RE/MAX United License #475149497

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,263

Year Built

  • 1960

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Dishwasher

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Laminate Flooring
  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,263

Year Built

1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1141
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1960
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2282
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Property Features: Wood Laminate Floors
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Equipment: Ceiling Fan, Fan-Whole House
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 14X8, On Level: Basement
  • Kitchen Type: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 11X10, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11X11, On Level: Basement, Flooring: Carpet
  • Estimated Sq Ft: 1141
  • Estimated Total Finished Sq Ft: 1141
  • Basement Sq Ft: 1141
  • Main Level Sq Ft: 1141

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.19

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 1141

Schools

  • School District: 46
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 63X128
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 0623157004

Tax Info

  • Taxes: 4489.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 21, 2020
Sold by
Kownacki Andrew and Corriero Samantha
Bought by
Gomez Salvador
Seller's Agent
Gregory Fret
Century 21 Circle
Buyer's Agent
Joel Perez Homes
RE/MAX United
List Price
$184,900
Sold Price
$190,000
Premium/Discount to List
$5,100
2.76%
Total Days on Market
24
Current Estimated Value
$277,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,910
Avg. Annual Appreciation
8.46%
Original Mortgage
$166,500
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2012
Closed on
Mar 14, 2013
Sold by
Corona Rafael
Bought by
Kownacki Andrew and Corriero Samantha
Seller's Agent
Juana Fuentes
Exclusive Living, Inc
Buyer's Agent
Gregory Fret
Century 21 Circle
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$88,350
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Arps Craig E
Bought by
Corona Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 28, 2005
Sold by
Arps Brian Keith
Bought by
Arps Craig E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Arps Alan D and Arps Emil C
Bought by
Arps Alan D and Arps Craig E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2000
Sold by
Arps Ruby E
Bought by
Arps Emil W
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
Gomez Salvador $185,000 Fidelity National Title
Kownacki Andrew $93,000 Fidelity National Title
Corona Rafael $192,000 First American Title
Arps Craig E -- Commonwealth Title
Arps Craig E $175,000 Commonwealth Title
Arps Alan D -- --
Arps Emil W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Salvador $166,500
Previous Owner Kownacki Andrew $88,350
Previous Owner Corona Rafael $197,079
Previous Owner Corona Rafael $197,800
Previous Owner Corona Rafael $182,400
Previous Owner Arps Craig E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $190,000 +2.8% $167 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $184,900 0.0% $162 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $184,900 +98.8% $162 / Sq Ft
03/14/2013 03/14/13 Sold $93,000 -6.1% $78 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $99,000 -- $83 / 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 $5,263 $69,743 $14,365 $55,378
2022 $4,994 $63,593 $13,098 $50,495
2021 $4,769 $59,455 $12,246 $47,209
2020 $4,629 $56,759 $11,691 $45,068
2019 $4,489 $54,066 $11,136 $42,930
2018 $4,220 $48,688 $10,491 $38,197
2017 $4,117 $46,028 $9,918 $36,110
2016 $3,914 $42,701 $9,201 $33,500
2015 -- $39,140 $8,434 $30,706
2014 -- $38,657 $8,330 $30,327
2013 -- $39,677 $8,550 $31,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10830573

Midwest Real Estate Data (MRED)

APN: 06-23-157-004