NOT LISTED FOR SALE

Estimated Value: $262,000 - $306,214

4 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $297,000

Est. 5% decrease in value since last sale

Current estimated payment $1,885/month

3 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Patio
  • Heating System Uses Steam
  • Porch
  • Ceiling Fan
  • Senior Tax Exemptions

About This Home

As of July 2024

MULTIPLE OFFERS RECEIVED. A rare find! Beautiful well-maintained legal two flat with a detached two and half car garage is ready for a new owner. This adorable home built in 1944 has a newer roof, newer siding, boiler (2018), hot water heater, some newer windows, new stairs to the upper level and an extended concrete drive. The main level unit has two bedrooms, two full baths, a partially finished basement with a recreation room, storage, laundry, and a second full bath. New stairs and deck provide private access to the upper level unit which features a cozy porch, two bedrooms, kitchen, living room and a full bath. The nicely landscaped yard provides plenty of space for outside enjoyment including a fenced garden area! The extended concrete driveway can accommodate multiple cars, an RV or boat! This home is located on a quiet dead-end street close to public transportation, the interstate, schools and downtown Elgin. Conversion to a single family home is possible. Although this property has been lovingly cared for, it is an estate sale and being sold "AS IS".

Last Agent to Sell the Property

Joanne Cecchini

Berkshire Hathaway HomeServices Starck Real Estate License #475120551 Listed on: 06/20/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Victoria Mullins

Haus & Boden, Ltd. License #475134514

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1944

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Steam

Community Details

  • 2 Units
  • Ludlows Subdivision, Two Flat Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Ludlows
  • Year Built: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 50 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4509
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Schuller Michael and Schuller Leslie
Bought by
Schuller Michael and Schuller Brandon
Current Estimated Value
$283,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,950
Outstanding Balance
$263,753
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$19,301

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 1, 2024
Sold by
Marilyn J Murphy Trust and Witt Barbara J
Bought by
Schuller Michael and Schuller Leslie
Seller's Agent
Joanne Cecchini
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Victoria Mullins
Haus & Boden, Ltd.
List Price
$294,900
Sold Price
$297,000
Premium/Discount to List
$2,100
0.71%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.40%
Original Mortgage
$258,300
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 16, 2024
Sold by
Marilyn J Murphy Trust and Witt Barbara J
Bought by
Schullerand Michael and Schuller Leslie
Seller's Agent
Joanne Cecchini
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Victoria Mullins
Haus & Boden, Ltd.
List Price
$294,900
Sold Price
$297,000
Premium/Discount to List
$2,100
0.71%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Murphy Marilyn J
Bought by
Murphy Marilyn J and Marilyn J Murphy Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schuller Michael -- None Listed On Document
Schuller Michael $297,000 Chicago Title
Schullerand Michael $297,000 None Listed On Document
Murphy Marilyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuller Michael $264,950
Previous Owner Schullerand Michael $258,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $297,000 0.0% --
06/24/2024 06/24/24 Pending -- -- --
06/23/2024 06/23/24 Off Market $297,000 -- --
06/20/2024 06/20/24 For Sale $294,900 -- --
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 $4,823 $76,264 $16,411 $59,853
2023 $4,509 $68,899 $14,826 $54,073
2022 $2,724 $58,342 $13,519 $44,823
2021 $2,718 $54,545 $12,639 $41,906
2020 $2,380 $52,072 $12,066 $40,006
2019 $2,438 $49,602 $11,494 $38,108
2018 $2,580 $46,728 $10,828 $35,900
2017 $2,684 $44,174 $10,236 $33,938
2016 $2,784 $40,981 $9,496 $31,485
2015 -- $37,563 $8,704 $28,859
2014 -- $37,100 $8,597 $28,503
2013 -- $38,079 $8,824 $29,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12079792

Midwest Real Estate Data (MRED)

APN: 06-12-277-015