NOT LISTED FOR SALE

702 Ludlow Ave Elgin, IL 60120

Estimated Value: $299,871 - $311,000

3 Beds
2 Baths
1,120 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $130,000 $116 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,018/month

37 Days on Market

Highlights

  • Ranch Style House
  • 1.1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Living Room
  • Humidifier

About This Home

As of October 2014

Back on the market. Well built & maintained three bedroom ranch. Plaster walls, some hardwood floors, laundry chute. Full finished basement w/two cedar closets, bath w/shower. Newer furnace, new water heater in '07, new roof w/tear off in '12. Home is in good condition, but being sold "as is".

Last Agent to Sell the Property

Bruce Wascher

RE/MAX Horizon License #471015310 Listed on: 08/25/2014

RE/MAX Horizon

Last Buyer's Agent

Mireya Delgado Aguilera

Universal Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 60' x 132'
  • Paved or Partially Paved Lot

Parking

  • 1.1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • Family Room
  • Living Room
  • Wood Flooring
  • Unfinished Attic
  • Storm Screens
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Coleman Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1951
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1120
  • Other Equipment: Humidifier, TV-Cable
  • Room Type: No additional rooms
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 129900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.1
  • Number of Cars: 1.1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: COLEMAN ELEMENTARY SCHOOL
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: LARSEN MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 60' 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: 1091.53
  • Tax Year: 2013
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 29, 2014
Sold by
Olofson Glenn G and Olofson Evelyn L
Bought by
Hernandez Ricardo Ontiveros
Seller's Agent
Bruce Wascher
RE/MAX Horizon
Buyer's Agent
Mireya Delgado Aguilera
Universal Real Estate LLC
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$303,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,968
Avg. Annual Appreciation
8.09%
Original Mortgage
$127,645
Outstanding Balance
$98,211
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$205,757

Purchase Details

Closed on
Jun 28, 2011
Sold by
North Star Company
Bought by
Olofson Evelyn L and Living Trust Of Evelyn L Olofson
Source: Public Records

Range of Values:

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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
Hernandez Ricardo Ontiveros $130,000 Ct
Olofson Evelyn L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ricardo Ontiveros $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $130,000 +0.1% $116 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $129,900 0.0% $116 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $129,900 -- $116 / 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 $4,803 $20,000 $5,148 $14,852
2023 $4,638 $20,000 $5,148 $14,852
2022 $4,638 $20,000 $5,148 $14,852
2021 $4,151 $15,377 $4,158 $11,219
2020 $4,203 $15,377 $4,158 $11,219
2019 $4,245 $17,278 $4,158 $13,120
2018 $3,957 $15,081 $3,564 $11,517
2017 $5,108 $15,081 $3,564 $11,517
2016 $4,806 $15,081 $3,564 $11,517
2015 $4,354 $12,394 $3,168 $9,226
2014 $1,102 $12,394 $3,168 $9,226
2013 $1,092 $12,394 $3,168 $9,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08710982

Midwest Real Estate Data (MRED)

APN: 06-07-101-030-0000