Seller's Agent in 2014
Ben Henrikson
RE/MAX
(847) 931-7500
2 in this area
115 Total Sales
856 Prospect St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $228,000 - $284,000
3
Beds
2
Baths
--
Sq Ft
5,663
Sq Ft Lot
Highlights
- Farmhouse Style Home
- Corner Lot
- Forced Air Heating System
About This Home
As of December 2014WELL MAINTAINED 2 FLAT PROPERTY NEAR ELGIN'S GOLD COAST. FRONT AND REAR PORCHES. FULL BASEMENT. 2 FURNACES, 2 HOT WATER HEATERS AND SEPARATE ELECTRIC PANELS. PARKING AREA FOR 2+ CARS. CLEAN AND NEUTRAL DECOR THROUGHOUT. EXISTING EXCELLENT TENANT'S IN BOTH UNITS DO WISH TO REMAIN IF NEW OWNER WANTS THEM. GOOD CASH FLOW.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 05/27/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,837
Year Built
- Built in 1920
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 66x90
- Corner Lot
Home Design
- Farmhouse Style Home
- Aluminum Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2014
Closed on
Nov 8, 2014
Sold by
Advocate Sherman Hospital
Bought by
Martinez Jaime
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Ben Henrikson
RE/MAX Horizon
List Price
$99,900
Sold Price
$98,000
Premium/Discount to List
-$1,900
-1.9%
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
$167,465
Avg. Annual Appreciation
9.44%
Original Mortgage
$96,224
Outstanding Balance
$73,025
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$192,440
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martinez Jaime | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Jaime | $96,224 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2014 12/15/14 | Sold | $98,000 | 0.0% | -- |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- |
| 09/08/2014 09/08/14 | Off Market | $98,000 | -- | -- |
| 07/18/2014 07/18/14 | For Sale | $99,900 | +1.9% | -- |
| 06/17/2014 06/17/14 | Pending | -- | -- | -- |
| 06/05/2014 06/05/14 | Off Market | $98,000 | -- | -- |
| 05/27/2014 05/27/14 | For Sale | $99,900 | -- | -- |
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 | $4,273 | $61,395 | $14,597 | $46,798 |
| 2023 | $4,046 | $55,465 | $13,187 | $42,278 |
| 2022 | $3,561 | $47,069 | $12,024 | $35,045 |
| 2021 | $3,391 | $44,007 | $11,242 | $32,765 |
| 2020 | $3,284 | $42,011 | $10,732 | $31,279 |
| 2019 | $3,177 | $40,018 | $10,223 | $29,795 |
| 2018 | $3,134 | $37,700 | $9,631 | $28,069 |
| 2017 | $3,049 | $35,640 | $9,105 | $26,535 |
| 2016 | $2,886 | $33,064 | $8,447 | $24,617 |
| 2015 | -- | $30,306 | $7,742 | $22,564 |
| 2014 | -- | $29,931 | $7,646 | $22,285 |
| 2013 | -- | $30,721 | $7,848 | $22,873 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08628493
APN: 06-12-157-016
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