Seller's Agent in 2024
Teresa Stultz
Premier Living Properties
(630) 205-5568
10 in this area
390 Total Sales
571 Walnut Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $282,000 - $306,000
4
Beds
2
Baths
--
Sq Ft
6,534
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Heating System Uses Steam
- Multiple Water Heaters
- Ceiling Fan
About This Home
As of April 2024Solid Well Maintained 2 Unit Property, buy as an investment or great opportunity to live in one unit and rent the other out! Could also work as an in law arrangement as rear unit is all on one level except for laundry. Front unit has Living Room, Dining Room, Kitchen on the first floor and Two Bedrooms and a bath upstairs. Rear Unit has Living Room, Kitchen, Bathroom and Two Bedrooms all on one level. Units have separate Water Heaters, Furnaces, Gas and Electric, one furnace and one water heater are newer. Each unit has its own storage area and Washer/Dryer in the basement. Tenants share the two car garage. Front unit has been owner occupied since 2004 and is currently vacant, rear unit is leased through 9/1 to long term tenants.
Last Agent to Sell the Property
Premier Living Properties License #475137186 Listed on: 03/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,045
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 50 x 132
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Schools
- Lowrie Elementary School
- Abbott Middle School
- Larkin High School
Utilities
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Multiple Water Heaters
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
Apr 24, 2024
Sold by
Davis Janel
Bought by
Castaneda Pedro
Seller's Agent
Teresa Stultz
Premier Living Properties
Buyer's Agent
Bertha Alvarado
A squared Realty LLC
List Price
$270,000
Sold Price
$286,500
Premium/Discount to List
$16,500
6.11%
Views
471
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
$8,882
Avg. Annual Appreciation
2.88%
Original Mortgage
$214,875
Outstanding Balance
$212,778
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$83,890
Purchase Details
Closed on
Aug 31, 2004
Sold by
Mccue Blanche and Crosby Karen
Bought by
Davis Janel
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
4.37%
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 |
|---|---|---|---|
| Castaneda Pedro | $286,500 | None Listed On Document | |
| Davis Janel | $165,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castaneda Pedro | $214,875 | |
| Previous Owner | Davis Janel | $28,361 | |
| Previous Owner | Davis Janel | $144,000 | |
| Previous Owner | Davis Janel | $150,000 | |
| Previous Owner | Davis Janel | $10,000 | |
| Previous Owner | Davis Janel | $135,000 | |
| Previous Owner | Davis Janel | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $286,500 | 0.0% | -- |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | Off Market | $286,500 | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $270,000 | -- | -- |
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 | $4,622 | $62,225 | $12,931 | $49,294 |
| 2022 | $4,045 | $52,653 | $11,791 | $40,862 |
| 2021 | $3,857 | $49,227 | $11,024 | $38,203 |
| 2020 | $3,739 | $46,995 | $10,524 | $36,471 |
| 2019 | $3,621 | $44,766 | $10,025 | $34,741 |
| 2018 | $3,576 | $42,172 | $9,444 | $32,728 |
| 2017 | $3,483 | $39,868 | $8,928 | $30,940 |
| 2016 | $3,305 | $36,987 | $8,283 | $28,704 |
| 2015 | -- | $33,902 | $7,592 | $26,310 |
| 2014 | -- | $33,483 | $7,498 | $25,985 |
| 2013 | -- | $34,366 | $7,696 | $26,670 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Stultz
-
Bertha Alvarado
Buyer's Agent in 2024
Bertha Alvarado
A squared Realty LLC
(847) 622-5115
1 in this area
67 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12004296
APN: 06-23-205-002
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