741 Cedar Ave Elgin, IL 60120
Northeast Elgin Neighborhood
3
Beds
2
Baths
1,296
Sq Ft
7,449
Sq Ft Lot
Highlights
- Landscaped Professionally
- Recreation Room
- Wood Flooring
- Deck
- Ranch Style House
- Corner Lot
About This Home
As of November 2023BEAUTIFUL REMODELED EXTENDED HOME. 3 BEDROOMS, FAMILY ROOM, FINISHED BASEMENT, REMODELED BATHROOM, KITCHEN. WITH NEW CABINETS, SS APPLIANCES, GRANITE COUNTER TOP. FRESHLY PAINTED, NEW WINDOWS AND ROOF. HUGE 2 CAR GARAGE, FENCE BACK YARD AND MUCH MORE.
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,650
Year Built
- 1950
Lot Details
- Fenced Yard
- Landscaped Professionally
- Corner Lot
Parking
- Attached Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Asphalt Shingled Roof
- Cedar
Interior Spaces
- Bathroom on Main Level
- Recreation Room
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Homeowner Tax Exemptions
- $3,000 Seller Concession
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%
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
$25,801
Avg. Annual Appreciation
6.58%
Original Mortgage
$265,109
Outstanding Balance
$260,727
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$42,885
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 Home in Elgin, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Chicago Title Insurance Compan | |
| Warranty Deed | $152,000 | Acquest Title Services Llc | |
| Special Warranty Deed | -- | Premier Title | |
| Sheriffs Deed | -- | Premier Title | |
| Interfamily Deed Transfer | -- | Multiple | |
| Warranty Deed | $166,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,109 | FHA | |
| Previous Owner | $126,471 | FHA | |
| Previous Owner | $139,194 | FHA | |
| Previous Owner | $173,000 | New Conventional | |
| Previous Owner | $33,200 | Stand Alone Second | |
| Previous Owner | $132,800 | Purchase Money Mortgage |
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 |
|---|---|---|---|---|
| 2024 | $5,650 | $78,602 | $16,136 | $62,466 |
| 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
64 Total Sales
-
Enrique Aguilar
Seller's Agent in 2022
Enrique Aguilar
RE/MAX
(847) 293-0501
2 in this area
121 Total Sales
-
L
Seller Co-Listing Agent in 2022
Lelia Aguilar
RE/MAX
-
Michael Rieke
M
Buyer's Agent in 2022
Michael Rieke
eXp Realty
(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
78 Total Sales
-
N
Buyer's Agent in 2015
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08815725
APN: 06-12-329-001
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