741 Cedar Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $267,000 - $300,000
3
Beds
2
Baths
1,296
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Corner Lot
- Recreation Room
- Wood Flooring
- Granite Countertops
About This Home
As of November 2023GREAT HOME IN EXCELLENT CONDITION. SELLERS HATE TO SELL BUT ARE BEING RELOCATED BY THEIR EMPLOYER. 3 BEDROOMS, 2 BATHS, LARGE FENCED YARD WITH PATIO, DECK, FINISHED BASEMENT WITH 2ND BATH. NEWER ROOF, WINDOWS, A/C, FURNACE, STAINLESS STEEL APPLIANCES, GRANITE COUNTERS, HUGE FAMILY ROOM / DINING ROOM. BASEMENT IS FINISHED WITH ANOTHER FAMILY ROOM, BATH, DRY BAR, STORAGE AND LAUNDRY ROOM. HARDWOOD FLOORS IN LIVING ROOM AND BEDROOMS. NOTHING TO DO BUT MOVE IN. CLOSE TO SCHOOLS, SHOPPING AND ENTERTAINMENT. PREVIOUS BUYER GOT COLD FEET. THEIR LOSS, YOUR GAIN.
Last Agent to Sell the Property
A squared Realty LLC License #475163306 Listed on: 09/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,094
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 57x132
- Fenced Yard
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Ranch Style House
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,296 Sq Ft Home
- Formal Dining Room
- Recreation Room
- Storage Room
- Wood Flooring
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Storage
Home Security
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Deck
- Patio
- Shed
Schools
- Larsen Middle School
- Elgin High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2023
Closed on
Nov 3, 2023
Sold by
Velasco Oscar Hernandez and Velasco Mayra
Bought by
Pineda Luis A
Seller's Agent
Bertha Alvarado
A squared Realty LLC
Buyer's Agent
Bertha Alvarado
A squared Realty LLC
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Total Days on Market
14
Views
62
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
$17,966
Avg. Annual Appreciation
4.08%
Original Mortgage
$265,109
Outstanding Balance
$261,189
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$26,777
Purchase Details
Listed on
Jan 13, 2015
Closed on
Mar 16, 2015
Sold by
Zinelli Aldo
Bought by
Gutierrez Solis Jose and Huerta Jimenez Celina
Seller's Agent
Beatriz Guzman
N. Z. Homes
Buyer's Agent
Non Member
NON MEMBER
List Price
$154,900
Sold Price
$152,000
Premium/Discount to List
-$2,900
-1.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$139,194
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 11, 2013
Closed on
Jul 21, 2014
Sold by
Fannie Mae
Bought by
Zineli Aldo
Seller's Agent
Kim DeVincentis
Capital Asset Group Inc.
Buyer's Agent
Beatriz Guzman
N. Z. Homes
List Price
$90,900
Sold Price
$81,000
Premium/Discount to List
-$9,900
-10.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.58%
Purchase Details
Closed on
Aug 5, 2013
Sold by
Lechuga Luis
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 11, 2007
Sold by
Lechuga Luis and Lechuga Nora
Bought by
Lechuga Luis and Lechuga Rosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2005
Sold by
Hernandez Irene P
Bought by
Lechuga Luis and Lechuga Nora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,200
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
Similar Homes in Elgin, IL
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 |
|---|---|---|---|
| Pineda Luis A | $270,000 | Chicago Title Insurance Compan | |
| Gutierrez Solis Jose | $152,000 | Acquest Title Services Llc | |
| Zineli Aldo | -- | Premier Title | |
| Federal National Mortgage Association | -- | Premier Title | |
| Lechuga Luis | -- | Multiple | |
| Lechuga Luis | $166,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pineda Luis A | $265,109 | |
| Previous Owner | Gutierrez Solis Jose | $126,471 | |
| Previous Owner | Gutierrez Solis Jose | $139,194 | |
| Previous Owner | Lechuga Luis | $173,000 | |
| Previous Owner | Lechuga Luis | $33,200 | |
| Previous Owner | Lechuga Luis | $132,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2023 11/03/23 | Sold | $270,000 | -1.8% | $208 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $274,900 | 0.0% | $212 / Sq Ft |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- |
| 09/24/2023 09/24/23 | For Sale | $274,900 | +8.7% | $212 / Sq Ft |
| 05/09/2022 05/09/22 | Sold | $253,000 | +7.7% | $195 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/24/2022 03/24/22 | For Sale | $235,000 | +54.6% | $181 / Sq Ft |
| 03/16/2015 03/16/15 | Sold | $152,000 | -1.9% | $117 / Sq Ft |
| 03/10/2015 03/10/15 | Pending | -- | -- | -- |
| 01/13/2015 01/13/15 | For Sale | $154,900 | +91.2% | $120 / Sq Ft |
| 07/28/2014 07/28/14 | Sold | $81,000 | -4.6% | $74 / Sq Ft |
| 07/10/2014 07/10/14 | Pending | -- | -- | -- |
| 07/03/2014 07/03/14 | Price Changed | $84,900 | -6.6% | $77 / Sq Ft |
| 06/30/2014 06/30/14 | For Sale | $90,900 | 0.0% | $83 / Sq Ft |
| 04/09/2014 04/09/14 | Pending | -- | -- | -- |
| 04/04/2014 04/04/14 | Price Changed | $90,900 | -9.9% | $83 / Sq Ft |
| 03/24/2014 03/24/14 | For Sale | $100,900 | 0.0% | $92 / Sq Ft |
| 03/14/2014 03/14/14 | Pending | -- | -- | -- |
| 03/05/2014 03/05/14 | Price Changed | $100,900 | -2.9% | $92 / Sq Ft |
| 02/05/2014 02/05/14 | Price Changed | $103,900 | -5.5% | $95 / Sq Ft |
| 02/03/2014 02/03/14 | For Sale | $109,900 | 0.0% | $100 / Sq Ft |
| 12/24/2013 12/24/13 | Pending | -- | -- | -- |
| 12/11/2013 12/11/13 | Price Changed | $109,900 | -6.0% | $100 / Sq Ft |
| 11/11/2013 11/11/13 | Price Changed | $116,900 | -5.1% | $107 / Sq Ft |
| 10/11/2013 10/11/13 | For Sale | $123,200 | -- | $112 / 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 | $5,371 | $71,011 | $14,578 | $56,433 |
| 2022 | $5,094 | $64,750 | $13,293 | $51,457 |
| 2021 | $4,866 | $60,537 | $12,428 | $48,109 |
| 2020 | $4,724 | $57,791 | $11,864 | $45,927 |
| 2019 | $4,581 | $55,049 | $11,301 | $43,748 |
| 2018 | $3,970 | $46,157 | $10,646 | $35,511 |
| 2017 | $3,871 | $43,635 | $10,064 | $33,571 |
| 2016 | $3,678 | $40,482 | $9,337 | $31,145 |
| 2015 | -- | $37,105 | $8,558 | $28,547 |
| 2014 | -- | $36,647 | $8,452 | $28,195 |
| 2013 | -- | $37,614 | $8,675 | $28,939 |
Source: Public Records
Agents Affiliated with this Home
-
Bertha Alvarado
Seller's Agent in 2023
Bertha Alvarado
A squared Realty LLC
(847) 622-5115
4 in this area
68 Total Sales
-
Enrique Aguilar
Seller's Agent in 2022
Enrique Aguilar
RE/MAX
(847) 293-0501
2 in this area
129 Total Sales
-
Seller Co-Listing Agent in 2022
Lelia Aguilar
RE/MAX
(936) 244-4712
-
Michael Rieke
M
Buyer's Agent in 2022
Michael Rieke
eXp Realty, LLC
(847) 624-3208
1 in this area
6 Total Sales
-
Beatriz Guzman
B
Seller's Agent in 2015
Beatriz Guzman
N. Z. Homes
(630) 709-1141
1 in this area
76 Total Sales
-
N
Buyer's Agent in 2015
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11893008
APN: 06-12-329-001
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