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15 South McLean Boulevard

15 South McLean Boulevard, Elgin, IL 60123
Property in Southwest Elgin
Sold Jun 14, 2018
$220,000
$216,015 by Quicken Loans Inc
Mortgage Due Jul 01, 2048
15 South McLean Boulevard in Elgin, IL was first built in 1987 and is 37 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 15 South McLean Boulevard has 1,725 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,050 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 14,385 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 South McLean Boulevard sold most recently in Jun 6, 2018 for a total of $220,000. If you work out the math, that's approximately a cost of $63.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,053 in taxes each year. 15 South McLean Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $87,341. If we break it down further, the land itself was valued at $16,552. Improvements to the property, however, were assessed at a total of $70,789. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,725
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,385
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 3,450
  • Gross Building Area: 3,450
  • Building Area: 1,725
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,725
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GUBBINS&FUNKS SUB
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GUBBINS & FUNKS SUB EXCEPT SOUTH 5 FT OF LOT 3

Ownership

  • Current Owner : NORY CHANDA
  • Previous Owner : KLEIN OTTO
  • Previous Owner 2: KLEIN JANET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851101

Geography

  • Parcel: 06-15-404-003
  • Lot: 3
  • Municipality: ELGIN
  • Latitude: 42.0344
  • Longitude: -88.3115

    Address

  • Full Address: 15 S Mclean Blvd
  • Address - House Number: 15
  • Street Direction: S
  • Address - Street Name: Mclean
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Elgin
  • Carrier Code: C054
  • 4-Digit Zip Code: 6028
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,053
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 73
  • Final Value: 317,314
  • High Value: 380,535
  • Low Value: 254,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 14, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $262,128
  • Market Land Value: $49,676
  • Market Improvement Value: $212,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,341
  • Assessed Land Value: $16,552
  • Assessed Improvements Value: $70,789

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Transaction ID: 11475815858
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018K027941

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 14, 2018
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Elgin



Similar Buildings

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Nearby Rentals

Unit for rent at 121 Oak Street, Elgin, IL, 60123

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 552 ft²
121 Oak Street #2, Elgin, IL, 60123 Listing by Catherine Terpstra

Frequently Asked Questions

What neighborhood is 15 South McLean Boulevard located in?
The 15 South McLean Boulevard is a located in the neighborhood of Southwest Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 15 South McLean Boulevard?
The average sales price for units in 15 South McLean Boulevard is $0 currently.

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