NOT LISTED FOR SALE

715 Preston Ave Elgin, IL 60120

Estimated Value: $247,000 - $268,117

2 Beds
1 Bath
1,057 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $165,000 $156 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,797/month

2 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Bathroom on Main Level
  • Ranch Style House
  • Breakfast Bar
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

MULTIPLE OFFERS RECEIVED...best and final due by Tuesday, August 4th at noon. ***ATTENTION*** Investors looking for a long-term rental property or first time home buyers....this is the home for YOU! Check out this cozy ranch on a spacious lot on the east side! Lovely, 1 floor living at its best! Great first impression when you walk in the front door! The large and open Living Room invites you in and the picture window brings in TONS of light! The U-shaped Kitchen gives you plenty of cabinet space and comes fully applianced! The eating area next to the Kitchen could easily fit your Dining Room table if you'd like a formal area. The 2 bedrooms are spacious and are graced with sturdy hardwood floors! The remodeled bath was recently updated to include a newer shower, toilet, vanity and flooring! A spacious laundry/mud room gives you additional storage and can be used as a pantry. The expansive, unfinished basement leaves for ample storage and includes a second washer and dryer! But, let's top all this off with an amazing back yard! The deck of off the dining area is great for extra entertaining space! The shed will hold all your garden tools! Furnace and air are around 1 year old! All this is completed with lovely curb appeal! COME QUICKLY!

Last Agent to Sell the Property

Amy Foote

Compass License #475138703 Listed on: 08/02/2020

Compass

Last Buyer's Agent

Lucy Masso-Garcia

Remax Future License #475132961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,509

Year Built

  • 1971

Lot Details

  • 5,227

Parking

  • Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Dining Area
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • No Tub in Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Deck
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,509

Year Built

1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1971
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 21X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Refrigerator
  • Equipment: CO Detectors, Ceiling Fan
  • Attic: Full
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Bathroom Amenities: No Tub
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 10X6, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Eating Area, Dimensions: 11X11, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1057

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Exposure: W (West)
  • Acreage: 0.127

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1057

Schools

  • School District: 46
  • Elementary School: Lincoln Elementary School
  • Middle School: Larsen Middle School
  • High School: Elgin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 73 X 79 X 73 X 79
  • Parcel Identification Number: 0612427023
  • Zero Lot Line: No

Tax Info

  • Taxes: 4269.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Aug 25, 2020
Sold by
Lindquist Patricia A
Bought by
Gonzalez David
Seller's Agent
Amy Foote
Compass
Buyer's Agent
Lucy Masso-Garcia
Remax Future
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
$252,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,529
Avg. Annual Appreciation
8.37%
Original Mortgage
$160,050
Outstanding Balance
$128,837
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,358

Purchase Details

Closed on
Nov 11, 2011
Sold by
King Robert Timothy and King Stephen Terry
Bought by
Lindquist Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,940
Interest Rate
4.4%
Mortgage Type
FHA
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
Gonzalez David $165,000 Fidelity National Title
Lindquist Patricia A $97,500 Atg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez David $160,050
Previous Owner Lindquist Patricia A $94,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $165,000 +3.1% $156 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $160,000 -- $151 / 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 $5,509 $76,839 $13,950 $62,889
2023 $5,236 $69,418 $12,603 $56,815
2022 $4,968 $63,297 $11,492 $51,805
2021 $4,744 $59,178 $10,744 $48,434
2020 $4,405 $54,293 $10,257 $44,036
2019 $4,270 $51,717 $9,770 $41,947
2018 $3,711 $43,532 $9,204 $34,328
2017 $3,616 $41,153 $8,701 $32,452
2016 $3,432 $38,179 $8,072 $30,107
2015 -- $34,995 $7,399 $27,596
2014 -- $34,563 $7,308 $27,255
2013 -- $40,412 $7,501 $32,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10803732

Midwest Real Estate Data (MRED)

APN: 06-12-427-023