998 Stephen Ave Unit 1000 Elgin, IL 60123
Eagle Heights NeighborhoodEstimated Value: $324,133 - $336,000
4
Beds
2
Baths
--
Sq Ft
8,712
Sq Ft Lot
Highlights
- Screened Porch
- Outdoor Grill
- Forced Air Heating System
- 2 Car Attached Garage
About This Home
As of August 2021Here's your chance -- the much sought after side by side duplex is available. Owners' side (998) is refreshed - completely painted, new fixtures, new carpet and much more. While there is new carpet on the owners' side with a nice tile foyer entry way -- if you prefer hardwoods you will find them under the carpet. Owners' side has an enclosed screened in porch with gas grill - no bugs to content with in the room the contractors referred to as the cigar room. All mechanicals are in working order. Rented side has long term and low maintenance tenant that would like to stay although the rent could be higher. Both sides have laundry facilities and gas fireplaces that are the focal point of the over-sized living rooms. Tons of newer upgrades. If you chose not to move into unit that has been updated for a future owner the potential rent is $1,200+. This is a no-brainer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,495
Year Built
- Built in 1967
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 69 x 130
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Duplex
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Screened Porch
- Storm Screens
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Outdoor Features
- Outdoor Grill
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $950
- Water Sewer Expense $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 24, 2021
Sold by
Holfels Dennis
Bought by
Nunez Jose
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Hebert Garcia
Realty Executives Advance
List Price
$247,900
Sold Price
$260,000
Premium/Discount to List
$12,100
4.88%
Total Days on Market
10
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
$70,783
Avg. Annual Appreciation
6.56%
Original Mortgage
$247,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2001
Sold by
Esparza Tomas and Esparza Marta Q
Bought by
Holfels Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 1996
Sold by
Mcintire Louis M
Bought by
Esparza Tomas and Esparza Marta Q
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,888
Interest Rate
8%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Elgin, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nunez Jose | $260,000 | Chicago Title | |
| Holfels Dennis | $188,000 | Chicago Title Insurance Co | |
| Esparza Tomas | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nunez Jose | $247,000 | |
| Previous Owner | Holfels Dennis | $177,000 | |
| Previous Owner | Holfels Dennis | $178,600 | |
| Previous Owner | Esparza Tomas | $144,888 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2021 08/10/21 | Sold | $260,000 | +4.9% | -- |
| 06/30/2021 06/30/21 | Pending | -- | -- | -- |
| 06/19/2021 06/19/21 | For Sale | $247,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $6,470 | $75,901 | $23,303 | $52,598 |
| 2022 | $5,431 | $69,208 | $21,248 | $47,960 |
| 2021 | $5,773 | $64,704 | $19,865 | $44,839 |
| 2020 | $5,634 | $61,770 | $18,964 | $42,806 |
| 2019 | $5,495 | $58,839 | $18,064 | $40,775 |
| 2018 | $5,480 | $55,430 | $17,017 | $38,413 |
| 2017 | $5,390 | $52,401 | $16,087 | $36,314 |
| 2016 | $5,185 | $48,614 | $14,924 | $33,690 |
| 2015 | -- | $44,559 | $13,679 | $30,880 |
| 2014 | -- | $44,009 | $13,510 | $30,499 |
| 2013 | -- | $45,169 | $13,866 | $31,303 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Hager-Swanson
M
Seller's Agent in 2021
Mary Hager-Swanson
Swanson Real Estate
(847) 502-7587
1 in this area
34 Total Sales
-
Hebert Garcia
Buyer's Agent in 2021
Hebert Garcia
Realty Executives
(847) 514-1168
3 in this area
236 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11128973
APN: 06-09-229-019
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