NOT LISTED FOR SALE

603 Cookane Ave Elgin, IL 60120

Southeast Elgin Neighborhood

Estimated Value: $278,000 - $390,000

4 Beds
2 Baths
1,595 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2013

Last sale price $51,100 $32 Per Sq Ft

Est. 508% increase in value since last sale

Current estimated payment $2,221 / mo

9 Days on Market

Highlights

  • Corner Lot
  • Detached Garage
  • Forced Air Heating System

About This Home

As of July 2013

Great opportunity to invest!!This 2 Unit gives you the opportunity to make your dream house and at the same time a source of income. Please note B.A.N.A. employees & employees' household members of the Bank are prohibited from purchasing this property, whether directly or indirectly. Sold As-IS & 100% tax proration & no survey. 60 day deed restriction applies for all cash buyers. NO FHA due to condition.

Last Agent to Sell the Property

Steve Malik

RE/MAX Professionals Select License #475130406 Listed on: 03/27/2013

RE/MAX Professionals Select

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Property Details

Home Type

  • Other

Year Built

  • 1930

Lot Details

  • 6,621

Parking

  • Detached Garage

Home Design

  • Frame Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot

Property Details

Home Type

Other

Year Built

1930

Lot Details

6,621 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: Duplex Side by Side
  • Built Before 1978 (Y/N): Yes
  • Special Features: 20
  • Year Built: 1930

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 50X132
  • Lot Description: Corner

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 3, 2013
Sold by
Bought by
Seller's Agent
Steve Malik
RE/MAX Professionals Select
Buyer's Agent
Art Zamudo
Casablanca
List Price
$49,000
Sold Price
$51,100
Premium/Discount to List
$2,100
4.29%
Current Estimated Value
$310,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,669
Avg. Annual Appreciation
14.90%

Purchase Details

Closed on
Feb 4, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,919
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$51,500 Freedom Title Corporation
-- Freedom Title Corporation
$193,000 Multiple
$140,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $189,919
Previous Owner $112,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $51,100 +4.3% $32 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $49,000 -- $31 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,620 $27,000 $4,620 $22,380
2024 $6,620 $23,000 $2,640 $20,360
2023 $6,434 $23,000 $2,640 $20,360
2022 $6,434 $23,000 $2,640 $20,360
2021 $5,002 $14,516 $1,815 $12,701
2020 $4,971 $14,516 $1,815 $12,701
2019 $4,999 $16,311 $1,815 $14,496
2018 $5,148 $15,153 $1,650 $13,503
2017 $5,132 $15,153 $1,650 $13,503
2016 $4,829 $15,153 $1,650 $13,503
2015 $4,727 $13,455 $1,485 $11,970
2014 $4,578 $13,455 $1,485 $11,970
2013 $4,428 $13,455 $1,485 $11,970
Source: Public Records

Agents Affiliated with this Home

  • Steve Malik

    Seller's Agent in 2013

    Steve Malik

    RE/MAX

    (630) 369-3000

    70 Total Sales

    Steve Malik
    Section Image

  • A

    Buyer's Agent in 2013

    Art Zamudo

    Casablanca

    (847) 514-0900

    46 Total Sales

    Art Zamudo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08302052

Midwest Real Estate Data (MRED)

APN: 06-19-120-001-0000

Illinois Cook County Elgin 60120 Southeast Elgin

603 Cookane Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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