Seller's Agent in 2023
Dulce Estrada
RE/MAX Suburban
(224) 434-7865
1 in this area
48 Total Sales
612 Grand Ave Elgin, IL 60120
Lords Park NeighborhoodEstimated Value: $274,000 - $306,000
3
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- 3 Car Detached Garage
- Forced Air Heating System
- Paved or Partially Paved Lot
About This Home
As of December 2023Great Investment Opportunity with 2 Units in a great location! Close to lots of convinent shopping on Summit/Rt 58 and Easy access to Interstate 90. This home is a 2-Story Legal 2 Flat with separate utilities for each unit! Lower Level unit has 2 Bedrooms, 1 Bath and features Hardwood Floors throughout, lots of windows for natural light, a Spacious Kitchen with lots of cabinets, it's own in-unit washer and drier and a 2 Car Garage. Second unit with 1 Bedroom, 1 Bath, also features a spacious kitchen with pantry, its own in-unit washer and dryer and a 1 Car Garage with a long driveway for additional parking. Lots of potential in this investment property. Make sure to Schedule a Showing Today!
Last Agent to Sell the Property
RE/MAX Suburban License #475172837 Listed on: 11/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,014
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 132x68
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Schools
- Lords Park Elementary School
- Ellis Middle School
- Elgin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Water Sewer Expense $145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Dec 15, 2023
Sold by
Shaw Martha C
Bought by
Bedolla Luis E
Seller's Agent
Dulce Estrada
RE/MAX Suburban
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
84
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
$35,249
Avg. Annual Appreciation
9.63%
Original Mortgage
$250,381
Outstanding Balance
$244,858
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$52,734
Purchase Details
Closed on
Jan 5, 2010
Sold by
Hummel Fred E
Bought by
Shaw Craig S and Shaw Martha C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 1996
Sold by
Hummel Fred E
Bought by
Hummel Fred E
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 |
|---|---|---|---|
| Bedolla Luis E | $255,000 | None Listed On Document | |
| Shaw Craig S | $91,000 | Chicago Title Insurance Co | |
| Hummel Fred E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bedolla Luis E | $250,381 | |
| Previous Owner | Shaw Craig S | $68,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $255,000 | +2.0% | -- |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 11/09/2023 11/09/23 | Price Changed | $250,000 | -5.7% | -- |
| 11/01/2023 11/01/23 | For Sale | $265,000 | -- | -- |
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 | $6,028 | $75,317 | $18,971 | $56,346 |
| 2023 | $5,800 | $68,043 | $17,139 | $50,904 |
| 2022 | $5,014 | $57,824 | $15,628 | $42,196 |
| 2021 | $4,823 | $54,061 | $14,611 | $39,450 |
| 2020 | $4,707 | $51,609 | $13,948 | $37,661 |
| 2019 | $4,591 | $49,160 | $13,286 | $35,874 |
| 2018 | $4,579 | $46,312 | $12,516 | $33,796 |
| 2017 | $4,503 | $43,781 | $11,832 | $31,949 |
| 2016 | $4,332 | $40,617 | $10,977 | $29,640 |
| 2015 | -- | $37,229 | $10,061 | $27,168 |
| 2014 | -- | $36,770 | $9,937 | $26,833 |
| 2013 | -- | $37,740 | $10,199 | $27,541 |
Source: Public Records
Agents Affiliated with this Home
-
Dulce Estrada
-
Jesus Perez
Buyer's Agent in 2023
Jesus Perez
Realty of America, LLC
(630) 878-9064
2 in this area
433 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11921278
APN: 06-12-482-011
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