NOT LISTED FOR SALE

Estimated Value: $216,000 - $256,082

2 Beds
1 Bath
1,356 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $200,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,748/month

8 Days on Market

Highlights

  • Gated Community
  • Fenced Yard
  • Enclosed Patio or Porch
  • Ranch Style House
  • 2 Car Detached Garage
  • Combination Dining and Living Room

About This Home

As of August 2023

This home located in the beautiful area of The Gold Coast in Elgin is an adorable property with 2 bedrooms and 1 bath. It also comes with a detached 2-car garage, offering ample parking space and storage. The property is perfect for homeowners who want to personalize and add their own touch and style to its charm. One of its attractive features is the fireplace facing the living room, creating a cozy and inviting atmosphere during colder months. The house boasts a spacious backyard, providing a great area for outdoor activities and relaxation. Additionally, the basement includes a laundry room and a tool room with plenty of extra storage space, which can be quite beneficial for keeping things organized. The location is a prime selling point, as it is conveniently close to the Gail Borden Public Library, The Hemmens Cultural Center, Downtown Elgin, and within walking distance to access the Fox River Trail. This proximity to various amenities and recreational spots makes it an appealing choice for potential buyers. The property is being sold as-is, meaning the seller will not be making any repairs or renovations. This allows buyers to take on the project themselves and customize the home to their preferences. Overall, this house offers great potential for anyone looking to settle in a lovely area of Elgin with easy access to various amenities and a charming living space. If you're interested, it's recommended to schedule a showing as soon as possible to explore the property firsthand and consider it as your new home.

Last Agent to Sell the Property

Christina Delgado

mPower Residential Brokerage License #475195541 Listed on: 07/20/2023

Last Buyer's Agent

Elvia Torres

YUB Realty Inc License #475170581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,426

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x147
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,356 Sq Ft Home
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Sink Near Laundry

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Mckinley Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

  • Ranch
  • Gated Community

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,426

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1356
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Square Footage Comments: BASEMENT INCLUDED IN SQUARE FOOTAGE.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1, Window/Wall Units - 2
  • Heating: Steam, Baseboard
  • Laundry Features: In Unit, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mckinley Elementary School
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School

Lot Info

  • Lot Dimensions: 50X147
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4426.1
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 23, 2023
Sold by
Yordanov Dragoslav Penev
Bought by
Correa Margarita and Correa Joel
Seller's Agent
Christina Delgado
mPower Residential Brokerage
Buyer's Agent
Elvia Torres
YUB Realty Inc
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Views
183
Current Estimated Value
$237,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,521
Avg. Annual Appreciation
7.83%
Original Mortgage
$180,000
Outstanding Balance
$175,875
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,646

Purchase Details

Closed on
Oct 15, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Vordanov Dragoslav Penev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Eppley Leighton
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 29, 2002
Sold by
First Midwest Bank
Bought by
Eppley Leighton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,300
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2002
Sold by
Brown Lois H
Bought by
First Midwest Bank and Trust #13369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,300
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Correa Margarita $200,000 None Listed On Document
Vordanov Dragoslav Penev -- Stewart Title Company
Secretary Of Housing & Urban Development $177,579 None Available
Eppley Leighton $142,500 --
First Midwest Bank $112,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Margarita $180,000
Previous Owner Vordanov Dragoslav Penev $55,200
Previous Owner Eppley Leighton $140,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $200,000 -2.4% $147 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $205,000 -- $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 $6,028 $75,318 $16,723 $58,595
2023 $4,437 $68,044 $15,108 $52,936
2022 $4,426 $62,044 $13,776 $48,268
2021 $4,194 $58,007 $12,880 $45,127
2020 $4,047 $55,377 $12,296 $43,081
2019 $3,899 $52,750 $11,713 $41,037
2018 $4,109 $47,561 $11,034 $36,527
2017 $4,007 $44,962 $10,431 $34,531
2016 $3,809 $41,712 $9,677 $32,035
2015 -- $38,233 $8,870 $29,363
2014 -- $37,760 $8,760 $29,000
2013 -- $38,756 $8,991 $29,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11837617

Midwest Real Estate Data (MRED)

APN: 06-11-283-003