Seller's Agent in 2021
Amy Foote
Compass
(847) 602-9979
394 Total Sales
Estimated Value: $270,000 - $302,000
2
Beds
1.5
Baths
1,057
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Forced Air Heating and Cooling System
- Paved or Partially Paved Lot
- 4 Car Detached Garage
About This Home
As of September 2021**MULTIPLE OFFERS RECEIVED. Highest and best called for my 6pm Saturday, July 3rd** Are you in the trades and looking for a great location to park your trucks and tools? Need a shop for your business? Check out this unique property situated in a convenient location on the near west side of Elgin! This property includes a home that is currently tenant occupied. The home has 2 bedrooms and 1 full bath on the tenant occupied main floor. The kitchen has plenty of cabinets and room for a table. The Living Room is spacious as well. The back part of the Living Room was a bedroom at one point, so this could easily be a 3 bedroom home. The tenant also has access rights to half of the basement with laundry downstairs. The other half of the basement has a half bath and an exterior entrance, so if someone wanted to buy this for the shop in the back, they could have access to the other half of the basement for storage and a bathroom. And then there's the shop! This is the star of this property! It has 2 oversized doors and could easily fit 4-6 cars or several work trucks. And there would still be room for a workshop. This heated space could be used year-round. So if you're looking just for the shop space, you could keep the current tenant to subsidize the monthly cost, this is the place!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,193
Year Built
- Built in 1957
Lot Details
- 0.47 Acre Lot
- Lot Dimensions are 113 x 181 x 113 x 181
- Paved or Partially Paved Lot
Parking
- 4 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- 1,057 Sq Ft Home
- Ranch Style House
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Hillcrest Elementary School
- Abbott Middle School
- Larkin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Range
- Outbuilding
Community Details
- Custom
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2021
Closed on
Aug 25, 2021
Sold by
Aeschleman Sue L and Schifferer Dean H
Bought by
Peterson Thomas and Peterson Jacob
Seller's Agent
Amy Foote
Compass
Buyer's Agent
Julie Murtaugh
Baird & Warner
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
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
$47,788
Avg. Annual Appreciation
4.65%
Original Mortgage
$100,000
Outstanding Balance
$90,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,795
Purchase Details
Closed on
Nov 2, 1994
Sold by
Schifferer Howard S and Schifferer Patricia M
Bought by
Schifferer Patricia M and Patricia M Schifferer Trust
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 |
|---|---|---|---|
| Peterson Thomas | $229,000 | Chicago Title | |
| Schifferer Patricia M | -- | Chicago Title Insurance Co | |
| Schifferer Howard S | -- | Chicago Title Insurance Co | |
| Schifferer Howard S | -- | -- | |
| Schifferer Patricia M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peterson Thomas | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2021 09/02/21 | Sold | $235,000 | +6.8% | $222 / Sq Ft |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- |
| 06/30/2021 06/30/21 | For Sale | $220,000 | -- | $208 / Sq Ft |
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 | $4,364 | $62,525 | $16,708 | $45,817 |
| 2023 | $4,133 | $56,486 | $15,094 | $41,392 |
| 2022 | $3,946 | $51,505 | $13,763 | $37,742 |
| 2021 | $4,296 | $48,153 | $12,867 | $35,286 |
| 2020 | $4,193 | $45,970 | $12,284 | $33,686 |
| 2019 | $4,090 | $43,789 | $11,701 | $32,088 |
| 2018 | $4,078 | $41,252 | $11,023 | $30,229 |
| 2017 | $4,267 | $41,487 | $11,086 | $30,401 |
| 2016 | $4,462 | $41,835 | $11,179 | $30,656 |
| 2015 | -- | $38,346 | $10,247 | $28,099 |
| 2014 | -- | $37,872 | $10,120 | $27,752 |
| 2013 | -- | $38,871 | $10,387 | $28,484 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Foote
-
Julie Murtaugh
Buyer's Agent in 2021
Julie Murtaugh
Baird Warner
(847) 875-4500
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11133006
APN: 06-16-477-021
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