Seller's Agent in 2021
Shilpa Patel
eXp Realty
(847) 809-5441
1 in this area
30 Total Sales
607 Jefferson Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $283,000 - $329,000
5
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of December 2021Beautiful cash flowing multi-unit building on a large lot with a three car garage! Main floor include a three bedroom and one bath unit. Second floor has a two bedroom and one bath unit and includes stainless steel appliances. Excellent investment property (tenants pay electric and gas; two furnaces, two water heaters, separate gas and electric meters), or live on the main level and rent out the second floor unit, or convert the entire building into a large single family home ... lots of possibilities! Must see ... won't last long! Sold AS IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,763
Year Renovated
- 2016
Lot Details
- 8,712
Parking
- 3 Car Detached Garage
- Multiple Garages
- Garage Door Opener
- Driveway
- Parking Included in Price
- Assigned Parking
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Sheridan Elementary School
- Larsen Middle School
- Elgin High School
Additional Features
- Lot Dimensions are 60x100
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2021
Closed on
Dec 17, 2021
Sold by
Singh Jasvi
Bought by
Morales Salomon
Seller's Agent
Shilpa Patel
eXp Realty
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
Sold Price
$245,000
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
$58,584
Avg. Annual Appreciation
5.45%
Original Mortgage
$232,750
Outstanding Balance
$215,491
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$88,093
Purchase Details
Listed on
Feb 28, 2020
Closed on
Apr 27, 2020
Sold by
Cilla Francisco and Cilla Alyssa
Bought by
Singh Jasvi
Seller's Agent
Valentino Ranallo
CENTURY 21 New Heritage West
Buyer's Agent
Meg Dalal
Provident Realty, Inc.
List Price
$234,900
Sold Price
$232,654
Premium/Discount to List
-$2,246
-0.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$174,489
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 8, 2016
Closed on
Feb 1, 2017
Sold by
Penny Management Llc
Bought by
Villa Francisco
Seller's Agent
Julian Mendoza
Universal Real Estate LLC
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$123,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2014
Sold by
Mendoza Porfirio Daniel and Mendoza Javier
Bought by
Penny Management Llc
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 |
|---|---|---|---|
| Morales Salomon | $245,000 | Chicago Title | |
| Singh Jasvi | $233,000 | Fidelity National Title | |
| Villa Francisco | $165,000 | Chicago Title Ins Co | |
| Penny Management Llc | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Salomon | $232,750 | |
| Previous Owner | Singh Jasvi | $174,489 | |
| Previous Owner | Villa Francisco | $123,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $245,000 | -8.9% | -- | |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- | |
| 09/27/2021 09/27/21 | For Sale | -- | -- | -- | |
| 07/13/2021 07/13/21 | Pending | -- | -- | -- | |
| 07/02/2021 07/02/21 | For Sale | $269,000 | +15.6% | -- | |
| 05/06/2020 05/06/20 | Sold | $232,654 | -1.0% | -- | View Prior Sale |
| 03/15/2020 03/15/20 | Pending | -- | -- | -- | |
| 02/28/2020 02/28/20 | For Sale | $234,900 | +42.4% | -- | |
| 02/01/2017 02/01/17 | Sold | $165,000 | -2.9% | -- | View Prior Sale |
| 01/04/2017 01/04/17 | Pending | -- | -- | -- | |
| 12/13/2016 12/13/16 | For Sale | $169,900 | +3.0% | -- | |
| 12/08/2016 12/08/16 | Off Market | $165,000 | -- | -- | |
| 11/22/2016 11/22/16 | For Sale | $169,900 | 0.0% | -- | |
| 11/10/2016 11/10/16 | Pending | -- | -- | -- | |
| 11/08/2016 11/08/16 | For Sale | $169,900 | -- | -- |
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 | $5,458 | $76,200 | $19,272 | $56,928 |
| 2023 | $5,186 | $68,841 | $17,411 | $51,430 |
| 2022 | $4,553 | $58,508 | $15,876 | $42,632 |
| 2021 | $4,880 | $54,701 | $14,843 | $39,858 |
| 2020 | $4,763 | $52,221 | $14,170 | $38,051 |
| 2019 | $4,646 | $49,744 | $13,498 | $36,246 |
| 2018 | $4,633 | $46,862 | $12,716 | $34,146 |
| 2017 | $4,557 | $44,301 | $12,021 | $32,280 |
| 2016 | $4,383 | $41,099 | $11,152 | $29,947 |
| 2015 | -- | $37,671 | $10,222 | $27,449 |
| 2014 | -- | $37,206 | $10,096 | $27,110 |
| 2013 | -- | $38,187 | $10,362 | $27,825 |
Source: Public Records
Agents Affiliated with this Home
-
Shilpa Patel
-
Esther Zamudio
Buyer's Agent in 2021
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
31 in this area
600 Total Sales
-
Valentino Ranallo
Seller's Agent in 2020
Valentino Ranallo
CENTURY 21 New Heritage West
(224) 420-2588
1 in this area
61 Total Sales
-
Meg Dalal
Buyer's Agent in 2020
Meg Dalal
Provident Realty, Inc.
(831) 419-8491
-
Julian Mendoza
Seller's Agent in 2017
Julian Mendoza
Universal Real Estate LLC
(847) 204-6600
3 in this area
126 Total Sales
-
Matt Lysien
Buyer's Agent in 2017
Matt Lysien
Suburban Life Realty, Ltd
(847) 309-6939
6 in this area
526 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11142763
APN: 06-12-476-002
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