NOT LISTED FOR SALE

627 Oakland Ave Elgin, IL 60120

Lords Park Neighborhood

Estimated Value: $292,000 - $307,040

3 Beds
2 Baths
1,668 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $57,000 $34 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $2,142/month

12 Days on Market

About This Home

As of April 2013

Fannie Mae Property! Great home with 3 Bedrooms, 2 Baths, Partial basement, Nice enclosed porch & More! Home is setup like a duplex but non conforming. Located within 2 miles of interstate access & in view of lords park. Approved for Homepath Renovation program. 100% tax proration, no survey or disclosures. Room/Lot sizes are approx. See attached docs and agent remarks prior to submitting offers

Last Agent to Sell the Property

Kim DeVincentis

Capital Asset Group Inc. License #471007906 Listed on: 02/28/2013

Last Buyer's Agent

Israel Ballesteros

REMAX Horizon

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,067

Year Built

  • 1900

Parking

  • 1

Home Design

  • Aluminum Siding

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Central Air

Property Details

Home Type

Other

Est. Annual Taxes

$6,067

Year Built

1900

Lot Details

0

Parking

1

Interior Features

  • Total # Of Rooms: 6
  • Basement: Partial
  • Basement: Unfinished, Crawl
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 13X10
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 11X10
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 10X10
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Dining Room Level: Main Level
  • Dining Room Size: 13X12
  • Kitchen Level: Main Level
  • Kitchen Size: 12X10

Exterior Features

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

Garage/Parking

  • Number of Cars: 1
  • Parking Type: Garage

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Heat/Fuel: Gas

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 66X132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2013
Closed on
Mar 25, 2013
Sold by
Fannie Mae
Bought by
Islas Cornelio
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Israel Ballesteros
REMAX Horizon
List Price
$60,000
Sold Price
$57,000
Premium/Discount to List
-$3,000
-5%
Current Estimated Value
$300,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,260
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Cortez Hernan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 16, 2007
Sold by
Rodriguez Rafael and Rodriguez Rosalina E
Bought by
Cortez Hernan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1999
Sold by
Manrriquez Arturo L and Manrriquez Cecilia M
Bought by
Rodriguez Rafael and Rodriguez Rosalina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,699
Interest Rate
7.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Islas Cornelio $57,000 Greater Illinois Title Compa
Federal National Mortgage Association -- None Available
Cortez Hernan $200,000 Ticor Title Insurance Co
Rodriguez Rafael $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Hernan $160,000
Previous Owner Cortez Hernan $30,000
Previous Owner Rodriguez Rafael $158,000
Previous Owner Rodriguez Rafael $145,699
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2013 04/11/13 Sold $57,000 -5.0% $34 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $60,000 -- $36 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $6,067 $83,808 $18,971 $64,837
2023 $5,772 $75,714 $17,139 $58,575
2022 $5,466 $69,038 $15,628 $53,410
2021 $5,223 $64,546 $14,611 $49,935
2020 $5,073 $61,619 $13,948 $47,671
2019 $4,922 $58,696 $13,286 $45,410
2018 $4,263 $49,114 $12,516 $36,598
2017 $4,158 $46,430 $11,832 $34,598
2016 $3,954 $43,075 $10,977 $32,098
2015 -- $39,482 $10,061 $29,421
2014 -- $38,995 $9,937 $29,058
2013 -- $45,287 $10,199 $35,088
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kim DeVincentis

    Capital Asset Group Inc.

    Section Image

  • I

    Buyer's Agent in 2013

    Israel Ballesteros

    REMAX Horizon

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08281350

Midwest Real Estate Data (MRED)

APN: 06-12-482-005

Illinois Kane County Elgin 60120 Lords Park

627 Oakland Ave, Elgin, IL

This home is located at 627 Oakland Ave, Elgin, IL 60120 since 28 February 2013 and is currently estimated at $300,260, approximately $180 per square foot. This property was built in 1900. 627 Oakland Ave is a home located in Kane County with nearby schools including Lords Park Elementary School, Ellis Middle School, and Elgin High School.

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