NOT LISTED FOR SALE

7 N Melrose Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $270,000 - $319,000

3 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: October 27, 2021

Last sale price $234,000

Est. 26% increase in value since last sale

Current estimated payment $2,007 / mo

Highlights

  • Living Room with Fireplace
  • Detached Garage
  • 1-Story Property
  • Formal Dining Room

About This Home

As of October 2021

Solid, all brick home, including the garage. Extremely well maintained, perfect move-in condition. Two full baths with a large lower level bedroom with custom built-in cabinetry, full bath and Rec Room adjacent to 3rd bedroom. Two car garage with long driveway, great for additional parking. Historical charm yet updated to today's standards. So many improvements have been done. Spacious attic with pull down staircase, all the storage space you will ever need. Must see - Don't wait!

Last Agent to Sell the Property

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 09/16/2021

RE/MAX Horizon

Last Buyer's Agent

Annmerie Tipton

Coldwell Banker Real Estate Group License #475182239

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • 1930

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1930

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Architectural Style: Bungalow
  • Directions: Larkin Ave East of McLean To N. McLean South to Property
  • Lot Size: 51 X 129
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal
  • Has Basement: Full
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Full,Pull Down Stair
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Dining Room Type: Office

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 46
  • Middle Or Junior School: Abbott Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4118.2
  • Tax Year: 2020

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
Sep 16, 2021
Closed on
Oct 27, 2021
Sold by
Bought by
Seller's Agent
Ana Torelli
RE/MAX Horizon
Buyer's Agent
Annmerie Tipton
Coldwell Banker Real Estate Group
List Price
$229,900
Sold Price
$234,000
Premium/Discount to List
$4,100
1.78%
Current Estimated Value
$294,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,439
Avg. Annual Appreciation
5.13%
Original Mortgage
$229,761
Outstanding Balance
$210,566
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$83,873

Purchase Details

Closed on
Aug 16, 2017
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
$166,920
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2012
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
$118,750
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
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
$82,400
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bought by

Purchase Details

Closed on
May 29, 1997
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
$117,200
Interest Rate
8.13%
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
$234,000 Fidelity National Title
$170,000 First American Title
-- Old Republic National Title
$103,000 Ticor Title Insurance Co
-- --
-- Chicago Title Insurance Co
-- --
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
Open $229,761
Previous Owner $166,920
Previous Owner $118,750
Previous Owner $82,400
Previous Owner $117,200
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
10/27/2021 10/27/21 Sold $234,000 +1.8% --
09/17/2021 09/17/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $229,900 -- --
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
2024 $5,013 $70,644 $14,313 $56,331
2023 $4,676 $63,822 $12,931 $50,891
2022 $4,450 $58,195 $11,791 $46,404
2021 $4,245 $54,408 $11,024 $43,384
2020 $4,118 $51,941 $10,524 $41,417
2019 $3,991 $48,727 $10,025 $38,702
2018 $3,712 $43,541 $9,444 $34,097
2017 $361,654 $41,162 $8,928 $32,234
2016 $3,433 $38,187 $8,283 $29,904
2015 -- $35,002 $7,592 $27,410
2014 -- $34,570 $7,498 $27,072
2013 -- $35,482 $7,696 $27,786
Source: Public Records

Agents Affiliated with this Home

  • Ana Torelli

    Seller's Agent in 2021

    Ana Torelli

    RE/MAX

    (847) 809-4663

    2 in this area

    30 Total Sales

    Ana Torelli
    Section Image

  • A

    Buyer's Agent in 2021

    Annmerie Tipton

    Coldwell Banker Real Estate Group

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11220533

Midwest Real Estate Data (MRED)

APN: 06-15-407-008

Illinois Kane County Elgin 60123 Near West Elgin

7 N Melrose 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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