Seller's Agent in 2024
Ken Bruderle
Realty Executives
(847) 224-2696
2 in this area
58 Total Sales
576 Walnut Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $334,000 - $370,145
6
Beds
3
Baths
--
Sq Ft
7,754
Sq Ft Lot
Highlights
- Multiple Garages
- Sun or Florida Room
- Forced Air Heating System
- Property is near a park
- Corner Lot
About This Home
As of August 20243 Units located on the near West side on the corner of Walnut Ave and Jewett St. offer one Three (3) bedroom unit, one Two (2) bedroom unit, and one Studio apartment above the Two (2) car garage. There is an additional 1-car detached garage ideal for additional rental income. Separate gas and elec. meters so tenants pay their elec. and gas. The owner pays for water/sewer. Please allow plenty of notice to show!
Last Agent to Sell the Property
Realty Executives Advance License #471005586 Listed on: 05/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,434
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 50x157
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 3 Car Garage
- Multiple Garages
- Driveway
- Off-Street Parking
- Parking Included in Price
- Unassigned Parking
Home Design
- Frame Construction
- Asphalt Roof
Interior Spaces
- Sun or Florida Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Schools
- Washington Elementary School
- Abbott Middle School
- Larkin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Breezeway
- Property is near a park
Community Details
Overview
- 3 Units
- 3 Unit
Building Details
- Gross Income $2,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Aug 9, 2024
Sold by
Briones Ricardo A
Bought by
Kamal Shiraz
Seller's Agent
Ken Bruderle
Realty Executives Advance
Buyer's Agent
Ken Bruderle
Realty Executives Advance
List Price
$379,900
Sold Price
$355,000
Premium/Discount to List
-$24,900
-6.55%
Views
47
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
-$3,214
Avg. Annual Appreciation
-0.69%
Original Mortgage
$266,250
Outstanding Balance
$263,894
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$87,892
Purchase Details
Closed on
Aug 8, 2001
Sold by
Miranda Palmira
Bought by
Briones Ricardo A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
8.99%
Purchase Details
Closed on
Aug 29, 1997
Sold by
Miranda Palmira and Rios Fernando
Bought by
Miranda Palmira
Purchase Details
Closed on
Jan 21, 1997
Sold by
Miranda Palmira
Bought by
Rios Fernando and Miranda Palmira
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 |
|---|---|---|---|
| Kamal Shiraz | $355,000 | None Listed On Document | |
| Briones Ricardo A | $197,500 | -- | |
| Miranda Palmira | -- | -- | |
| Rios Fernando | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kamal Shiraz | $266,250 | |
| Previous Owner | Briones Ricardo A | $184,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $355,000 | -6.6% | -- |
| 06/02/2024 06/02/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $379,900 | -- | -- |
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 | $7,725 | $96,524 | $15,115 | $81,409 |
| 2023 | $7,434 | $87,202 | $13,655 | $73,547 |
| 2022 | $6,366 | $73,416 | $12,451 | $60,965 |
| 2021 | $6,124 | $68,639 | $11,641 | $56,998 |
| 2020 | $5,976 | $65,526 | $11,113 | $54,413 |
| 2019 | $5,830 | $62,418 | $10,586 | $51,832 |
| 2018 | $5,814 | $58,802 | $9,973 | $48,829 |
| 2017 | $5,718 | $55,589 | $9,428 | $46,161 |
| 2016 | $5,500 | $51,572 | $8,747 | $42,825 |
| 2015 | -- | $47,270 | $8,017 | $39,253 |
| 2014 | -- | $46,686 | $7,918 | $38,768 |
| 2013 | -- | $47,918 | $8,127 | $39,791 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Bruderle
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12052408
APN: 06-23-201-007
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