NOT LISTED FOR SALE

862 Shuler St Elgin, IL 60123

Estimated Value: $236,000 - $262,000

4 Beds
1 Bath
1,362 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $185,000 $136 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,857/month

11 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • 1-minute walk to Abbott Park
  • 2 Car Detached Garage

About This Home

As of January 2023

Cottage-style, Sears Kit Home, 1928. Four bedrooms, one bath, 1362 sq. ft. on a nice block. Two-car garage with a nice big yard. The boiler is twelve years old, the roof is seven years old, and the hot water heater is two years old. Great potential, but needs work. Sold As-Is and priced accordingly.

Last Agent to Sell the Property

Paul Bednar

Real People Realty License #475169028 Listed on: 11/26/2022

Real People Realty

Last Buyer's Agent

Joshua Cantres

HomeSmart Connect LLC License #475194606

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,881

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 52x198

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,881

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1362
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1362
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 924
  • Total Sq Ft: 924
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 187000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Shakes

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 52X198
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 4881.24
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2022
Closed on
Jan 6, 2023
Sold by
Andresen Paul D and Andresen Amelia R
Bought by
Molina Eduardo
Seller's Agent
Paul Bednar
Real People Realty
Buyer's Agent
Joshua Cantres
HomeSmart Connect LLC
List Price
$187,000
Sold Price
$185,000
Premium/Discount to List
-$2,000
-1.07%
Total Days on Market
11
Views
80
Current Estimated Value
$250,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,490
Avg. Annual Appreciation
13.28%
Original Mortgage
$157,250
Outstanding Balance
$153,037
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$97,453
Source: Public Records

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Range of Values:

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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
Molina Eduardo $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Eduardo $157,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $185,000 -1.1% $136 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/26/2022 11/26/22 For Sale $187,000 -- $137 / 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
2023 $5,471 $64,179 $14,695 $49,484
2022 $5,074 $58,520 $13,399 $45,121
2021 $4,881 $54,712 $12,527 $42,185
2020 $4,764 $52,231 $11,959 $40,272
2019 $4,647 $49,754 $11,392 $38,362
2018 $4,344 $43,941 $10,732 $33,209
2017 $4,273 $41,540 $10,146 $31,394
2016 $3,470 $38,538 $9,413 $29,125
2015 -- $35,324 $8,628 $26,696
2014 -- $34,887 $8,521 $26,366
2013 -- $35,807 $8,746 $27,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11662463

Midwest Real Estate Data (MRED)

APN: 06-14-352-017