NOT LISTED FOR SALE

746 Jefferson Ave Elgin, IL 60120

Estimated Value: $321,000 - $406,000

4 Beds
2 Baths
2,371 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $150,050 $63 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,440/month

22 Days on Market

About This Home

As of June 2014

AT THIS PRICE IT IS WORTH TAKING A LOOK AT . Looks like single family but is 2 separate units. Each unit consists of 2 spacious bedrooms and 1bath. . This Freddie Mac 2 unit is being sold as is where is . Taxes are being pro rated at 100%. this unit does need some work but is worth it . this is under the Freddie Mac 1st look initiave until 03/25/2014. Proof of funds must accompany all cash offers .

Last Agent to Sell the Property

Cathy Barbaccia

Partners Real Estate of IL License #475135944 Listed on: 03/05/2014

Last Buyer's Agent

Ana Espinoza

Exclusive Living, Inc License #475147122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1970

Lot Details

  • 9,148

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,148 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,650

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 144900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 9418
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 5650.46
  • Tax Year: 2012

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Samayoa William R Cifuentes
Current Estimated Value
$358,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,583
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2012
Sold by
Abraham Ralph
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Samayoa William R Cifuentes $150,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samayoa William R Cifuentes $151,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $150,050 +3.6% $63 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $144,900 -- $61 / 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 $6,479 $25,825 $6,122 $19,703
2023 $6,876 $28,000 $6,122 $21,878
2022 $6,876 $28,000 $6,122 $21,878
2021 $5,672 $19,792 $4,944 $14,848
2020 $5,715 $19,792 $4,944 $14,848
2019 $5,765 $22,239 $4,944 $17,295
2018 $5,834 $20,605 $4,238 $16,367
2017 $6,979 $20,605 $4,238 $16,367
2016 $6,566 $20,605 $4,238 $16,367
2015 $6,016 $17,124 $3,767 $13,357
2014 $4,953 $17,124 $3,767 $13,357
2013 $4,770 $17,124 $3,767 $13,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08550811

Midwest Real Estate Data (MRED)

APN: 06-07-306-014-0000