NOT LISTED FOR SALE

71 S Edison Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $250,000 - $263,000

2 Beds
2 Baths
1,107 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $145,000 $131 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,752/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Detached Garage
  • Wood Flooring
  • Sun or Florida Room
  • 3-minute walk to Abbott Park

About This Home

As of December 2018

1107 SQ/FT. MAIN LEVEL HOME PLUS FULL PARTIALLY FINISHED BASEMENT AND WALK UP ATTIC THAT COULD BE FINISHED. BEAUTIFUL HARDWOOD FLOORS, FRESH PAINT, SUN ROOM, 1/2 BATH IN BASEMENT, NICE YARD. NEWER ROOF AND FURNACE. THIS IS AN ESTATE SALE TO BE SOLD "AS IS"...KITCHEN NEEDS TO BE REMODELED.

Last Agent to Sell the Property

Gordon Gromer

RE/MAX Horizon License #475103999 Listed on: 11/12/2018

RE/MAX Horizon

Last Buyer's Agent

Eddie Quintana-Garcia

American Dream Realty Group Inc License #475176345

Home Details

Home Type

  • Single Family

Year Built

  • 1941

Lot Details

  • 6,534

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Sun or Florida Room
  • Wood Flooring
  • Storm Screens
  • Dryer

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Partially Finished Basement

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Style Of House: Cape Cod
  • Type Detached: 1 Story
  • Estimated Year Built: 1941
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Refrigerator, Dryer
  • Equipment: TV-Cable
  • Attic: Interior Stair, Unfinished
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Sunroom, Dimensions: 9X8, On Level: Main Level
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1107
  • Basement Sq Ft: 1107
  • Dining Room Type: Separate
  • Family Room: Dimensions: 31X13, On Level: Basement, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens
  • Acreage: 0.1507

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 48X130X52X131
  • Parcel Identification Number: 0615478005

Tax Info

  • Taxes: 3039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 28, 2018
Sold by
Holtz Carole J and Lietzow Sally A
Bought by
Gonzales Lorena
Seller's Agent
Gordon Gromer
RE/MAX Horizon
Buyer's Agent
Eddie Quintana-Garcia
American Dream Realty Group Inc
List Price
$139,000
Sold Price
$145,000
Premium/Discount to List
$6,000
4.32%
Current Estimated Value
$256,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,826
Avg. Annual Appreciation
8.48%
Original Mortgage
$142,373
Outstanding Balance
$127,053
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$129,773
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
Gonzales Lorena $145,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Lorena $142,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $145,000 +4.3% $131 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $139,000 -- $126 / 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 $4,908 $69,322 $14,313 $55,009
2023 $4,657 $62,627 $12,931 $49,696
2022 $4,431 $57,105 $11,791 $45,314
2021 $4,228 $53,389 $11,024 $42,365
2020 $4,101 $50,968 $10,524 $40,444
2019 $3,974 $48,550 $10,025 $38,525
2018 $3,153 $42,892 $9,444 $33,448
2017 $3,039 $40,548 $8,928 $31,620
2016 $2,839 $37,618 $8,283 $29,335
2015 -- $34,480 $7,592 $26,888
2014 -- $34,054 $7,498 $26,556
2013 -- $34,952 $7,696 $27,256
Source: Public Records

Agents Affiliated with this Home

  • Gordon Gromer

    Seller's Agent in 2018

    Gordon Gromer

    RE/MAX

    (847) 812-6468

    4 in this area

    59 Total Sales

    Gordon Gromer
    Section Image

  • E

    Buyer's Agent in 2018

    Eddie Quintana-Garcia

    American Dream Realty Group Inc

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10135773

Midwest Real Estate Data (MRED)

APN: 06-15-478-005

Illinois Kane County Elgin 60123 Near West Elgin

71 S Edison Ave, Elgin, IL

Not Listed for Sale

Detached

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