723 Morgan St Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $216,000 - $242,000
2
Beds
1
Bath
984
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Ranch Style House
- 1 Car Attached Garage
- Bathroom on Main Level
- Home Office
- Patio
- Forced Air Heating and Cooling System
About This Home
As of June 2022Incredible investment opportunity to bring this adorable home back to life. Fix and flip or enjoy instant equity for yourself! This is a solid 2 bedroom home in a great location on the west side of Elgin. The living room is filled with natural light and has a beautiful gas fireplace. Two large bedrooms and an office / craft room off the kitchen. Roof is only about 5 years old and the central A/C is new. Large fenced in backyard with covered patio is perfect for spending Summer nights! Washer and dryer in the basement. Attached one car garage. Please note this is an Estate sale and being sold As-Is.
Last Listed By
Baird & Warner Fox Valley - Geneva License #475167797 Listed on: 06/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 1950
Lot Details
- 7,449 Sq Ft Lot
- Lot Dimensions are 46x162
Parking
- 1 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Wood Siding
Interior Spaces
- 984 Sq Ft Home
- Fireplace With Gas Starter
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Unfinished Basement
- Partial Basement
- Laundry in unit
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2022
Closed on
Jun 16, 2022
Sold by
George Wendt Trust
Bought by
Sanchez Leonor
Seller's Agent
Carolyn Chesta
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Frank Gaines
Baird & Warner Fox Valley - Geneva
List Price
$169,000
Sold Price
$172,000
Premium/Discount to List
$3,000
1.78%
Total Days on Market
0
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
$52,312
Avg. Annual Appreciation
10.59%
Purchase Details
Closed on
Jan 2, 2020
Sold by
Wendt George
Bought by
Wendt George and George Wendt Trust
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Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanchez Leonor | $172,000 | None Listed On Document | |
| Wendt George | -- | Attorney |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2022 06/17/22 | Sold | $172,000 | +1.8% | $175 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 06/04/2022 06/04/22 | For Sale | $169,000 | -- | $172 / 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 |
|---|---|---|---|---|
| 2023 | $4,547 | $53,341 | $12,931 | $40,410 |
| 2022 | $3,264 | $48,638 | $11,791 | $36,847 |
| 2021 | $3,076 | $45,473 | $11,024 | $34,449 |
| 2020 | $2,956 | $43,411 | $10,524 | $32,887 |
| 2019 | $2,835 | $41,352 | $10,025 | $31,327 |
| 2018 | $2,605 | $37,345 | $9,444 | $27,901 |
| 2017 | $1,918 | $35,304 | $8,928 | $26,376 |
| 2016 | $1,989 | $32,753 | $8,283 | $24,470 |
| 2015 | -- | $30,021 | $7,592 | $22,429 |
| 2014 | -- | $29,650 | $7,498 | $22,152 |
| 2013 | -- | $30,432 | $7,696 | $22,736 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Chesta
Seller's Agent in 2022
Carolyn Chesta
Baird Warner
(847) 915-0764
1 in this area
157 Total Sales
-
Frank Gaines
Buyer's Agent in 2022
Frank Gaines
Baird Warner
(847) 306-7950
2 in this area
186 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11414407
APN: 06-23-182-009
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