Seller's Agent in 2021
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
31 in this area
595 Total Sales
573 Prospect St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $299,303 - $344,000
4
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Property is near park
- Corner Lot
- 2 Car Detached Garage
- Victorian Architecture
- Tennis Courts
- 1-minute walk to St Francis Park
About This Home
As of June 2021THIS IS THE ONE YOU'VE BEEN LOOKING FOR - NOT JUST YOUR AVERAGE 2-FLAT (2486 SQ FEET + 1365 IN BASEMENT). 3 BEDROOM UPPER UNIT AND 1 BEDROOM LOWER (POTENTIAL FOR 2ND). CURRENTLY HOST LONG TERM TENANTS ON A MONTH TO MONTH LEASE (ONE FAMILY OCCUPIES BOTH UNITS). FULL/PARTIALLY FINISHED BASEMENT WITH ADIDTIONAL ROOMS. FENCED IN YARD & A 2-CAR DETACHED GARAGE. PROPERTY MAY QUALIFY FOR CITY OF ELGIN GRANT TO DECONVERT INTO SINGLE FAMILY HOUSE OR LEAVE AS A 2UNIT INVESTMENT PROPERTY. --ST. FRANCIS PARK LOCATED JUST STEPS AWAY FROM PROPERTY (PLAY AREA FOR THE KIDS - TENNIS COURTS - WALKING PATH AND MUCH MORE). DONT LET THIS OPPURTUNITY PASS YOU BY ... WON'T LAST *** SOLD AS IS ***
Last Agent to Sell the Property
Zamudio Realty Group License #471021065 Listed on: 04/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,593
Year Built
- Built in 1889
Lot Details
- Lot Dimensions are 66x132
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Victorian Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Porch
- Property is near park
- Heating System Uses Steam
Community Details
Overview
- 2 Units
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2020
Sold by
Kent John
Bought by
Bocas Properties Llc
Current Estimated Value
Purchase Details
Closed on
Apr 19, 2010
Sold by
Kranzdorf Richard
Bought by
Kent John
Purchase Details
Closed on
Oct 3, 2006
Sold by
Spayne Heike
Bought by
Kranzdorf Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 2005
Sold by
Spayne Robert F and Jaynes Faye
Bought by
Spayne Heike
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 |
|---|---|---|---|
| Bocas Properties Llc | $185,000 | Ct | |
| Kent John | $91,000 | Multiple | |
| Kranzdorf Richard | $229,000 | Ticor Title Insurance Co | |
| Spayne Heike | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kranzdorf Richard | $183,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $185,000 | -7.5% | -- |
| 05/17/2021 05/17/21 | For Sale | -- | -- | -- |
| 05/17/2021 05/17/21 | For Sale | $199,900 | 0.0% | -- |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $199,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $6,764 | $84,516 | $20,147 | $64,369 |
| 2023 | $6,911 | $81,066 | $18,201 | $62,865 |
| 2022 | $5,958 | $68,707 | $16,596 | $52,111 |
| 2021 | $5,731 | $64,236 | $15,516 | $48,720 |
| 2020 | $5,593 | $61,323 | $14,812 | $46,511 |
| 2019 | $5,456 | $58,414 | $14,109 | $44,305 |
| 2018 | $5,441 | $55,030 | $13,292 | $41,738 |
| 2017 | $5,351 | $52,023 | $12,566 | $39,457 |
| 2016 | $5,147 | $48,263 | $11,658 | $36,605 |
| 2015 | -- | $44,238 | $10,686 | $33,552 |
| 2014 | -- | $43,692 | $10,554 | $33,138 |
| 2013 | -- | $44,844 | $10,832 | $34,012 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Zamudio
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11069103
APN: 06-12-353-001
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