573 S Gilbert St South Elgin, IL 60177
Estimated Value: $254,658 - $312,000
2
Beds
1
Bath
1,008
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Workshop
- Living Room
- South Elgin High School Rated A-
- 1 Car Detached Garage
- Laundry Room
About This Home
As of August 2023Great starter home! Welcome to this 2 bedroom ranch with a full basement. Upon walking in you are greeted with a large living room and bright window. The main floor offers a large living room, dining room, kitchen, 2 bedrooms, and a full bathroom. The spacious basement offers additional storage, a family room, and a workshop. Full fenced in back yard and oversized garage. Updates include; all new windows replaced in 2021, water heater (2021), HVAC system (2018), and sump pump (2020). Close to Fox River and Parks. Why rent when you can own this beautiful home!
Last Agent to Sell the Property
Whyrent Real Estate Company License #475145750 Listed on: 07/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,560
Year Built
- Built in 1955
Lot Details
- Lot Dimensions are 70x154
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Cedar
Interior Spaces
- 1,008 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Workshop
- Utility Room with Study Area
- Carpet
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Gas Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2023
Closed on
Aug 16, 2023
Sold by
Negron Nancy and Negron Pedro Medina
Bought by
Zagal Tomas
Seller's Agent
Mayra Perez
Whyrent Real Estate Company
Buyer's Agent
Patty Guerrero
Homesmart Connect LLC
List Price
$239,000
Sold Price
$234,000
Premium/Discount to List
-$5,000
-2.09%
Total Days on Market
4
Views
97
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
$41,915
Avg. Annual Appreciation
9.59%
Original Mortgage
$226,980
Outstanding Balance
$223,015
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$52,900
Purchase Details
Listed on
May 12, 2014
Closed on
Jul 7, 2014
Sold by
Fannie Mae
Bought by
Negron Nancy
Seller's Agent
John Hoffman
Whyrent Real Estate Company
Buyer's Agent
Mayra Perez
Whyrent Real Estate Company
List Price
$124,900
Sold Price
$115,500
Premium/Discount to List
-$9,400
-7.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$113,407
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 3, 2013
Sold by
Genz Richard L
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 7, 2005
Sold by
Perrin Michael D
Bought by
Genz Richard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 24, 1996
Sold by
Perrin Mable A
Bought by
Perrin Mable A and The Perrin Family Trust
Similar Homes in South Elgin, IL
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 |
|---|---|---|---|
| Zagal Tomas | $234,000 | Chicago Title Insurance Compan | |
| Negron Nancy | $115,500 | Attorneys Title Guaranty Fun | |
| Federal National Mortgage Association | -- | None Available | |
| Genz Richard L | $180,000 | Chicago Title Insurance Comp | |
| Perrin Mable A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zagal Tomas | $226,980 | |
| Previous Owner | Negron Nancy | $113,407 | |
| Previous Owner | Genz Richard L | $168,000 | |
| Previous Owner | Genz Richard L | $162,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2023 08/17/23 | Sold | $234,000 | -2.1% | $232 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $239,000 | +106.9% | $237 / Sq Ft |
| 08/29/2014 08/29/14 | Sold | $115,500 | -0.4% | $115 / Sq Ft |
| 06/23/2014 06/23/14 | Pending | -- | -- | -- |
| 06/12/2014 06/12/14 | Price Changed | $116,000 | -7.1% | $115 / Sq Ft |
| 05/12/2014 05/12/14 | For Sale | $124,900 | -- | $124 / Sq Ft |
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 | $4,756 | $64,691 | $17,033 | $47,658 |
| 2022 | $4,560 | $58,987 | $15,531 | $43,456 |
| 2021 | $4,280 | $55,148 | $14,520 | $40,628 |
| 2020 | $4,142 | $52,648 | $13,862 | $38,786 |
| 2019 | $3,978 | $50,150 | $13,204 | $36,946 |
| 2018 | $3,887 | $47,244 | $12,439 | $34,805 |
| 2017 | $3,681 | $44,662 | $11,759 | $32,903 |
| 2016 | $3,488 | $41,434 | $10,909 | $30,525 |
| 2015 | -- | $37,978 | $9,999 | $27,979 |
| 2014 | -- | $37,510 | $9,876 | $27,634 |
| 2013 | -- | $38,500 | $10,137 | $28,363 |
Source: Public Records
Agents Affiliated with this Home
-
Mayra Perez
Seller's Agent in 2023
Mayra Perez
Whyrent Real Estate Company
(630) 886-0525
197 Total Sales
-
Rachel Sanchez
Seller Co-Listing Agent in 2023
Rachel Sanchez
Whyrent Real Estate Company
(331) 220-0457
11 Total Sales
-
Patty Guerrero
Buyer's Agent in 2023
Patty Guerrero
Homesmart Connect LLC
(630) 888-2003
27 Total Sales
-
John Hoffman
Seller's Agent in 2014
John Hoffman
Whyrent Real Estate Company
(630) 601-1300
142 Total Sales
-
Mark Sannita
Seller Co-Listing Agent in 2014
Mark Sannita
Keller Williams Inspire - Geneva
(630) 267-5091
225 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11821789
APN: 06-35-476-003
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