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161 South Grove Avenue

161 South Grove Avenue, Elgin, IL 60120
Townhouse in Downtown Elgin
Sold Feb 23, 2024
$316,000
$316,000 by Bjv Financial Services Inc.
Mortgage Due Mar 01, 2054
Sold Nov 21, 2006
$337,000
$252,500 by Citimortgage Inc
Mortgage Due Oct 01, 2036
Local assessors in Elgin, IL have categorized 161 South Grove Avenue as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 936 square feet. The linear feet between the front and back of the lot was measured at 520 ft and the front of the lot was measured at 180 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 161 South Grove Avenue has a total of 1,970 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The property was last sold in Feb 13, 2024 for $316,000. That's $160.41 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2006 for $337,000. 161 South Grove Avenue was last assessed in 2022. The total value of the property was assessed at $75,257. Specifically, the land the property is located on was valued at $20,611. While improvements on the property were assessed at a total of $54,646. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,526. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 936
  • Lot Size Depth Feet: 520
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,970
  • Gross Building Area: 1,970
  • Building Area: 1,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER PARK PLACE
  • Land Acres: 0.21
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: RIVER PARK PLACE LOT 11 AS DESC IN DOC 2006K127196

Ownership

  • Current Owner : RAPACZ CHRIS
  • Current Owner 2: RAPACZ SANDRA
  • Previous Owner : GIULIANO THOMAS
  • Owner Before Previous Owner: RIVER PARK PLACE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 854600

Geography

  • Parcel: 06-13-352-140
  • Lot: 11
  • Municipality: ELGIN
  • Latitude: 42.0335
  • Longitude: -88.2808

    Address

  • Full Address: 161 S Grove Ave
  • Address - House Number: 161
  • Street Direction: S
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C029
  • 4-Digit Zip Code: 6407
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,526
  • Tax Rate Code Area: EL913

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 92
  • Final Value: 325,070
  • High Value: 353,768
  • Low Value: 296,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: BJV FINANCIAL SERVICES INC.
  • First Open Lien Mortgage Recording Date: Feb 23, 2024
  • First Open Lien Mortgage Loan Amount: $316,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $225,861
  • Market Land Value: $61,858
  • Market Improvement Value: $164,004

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,257
  • Assessed Land Value: $20,611
  • Assessed Improvements Value: $54,646

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Transaction ID: 11921421889
  • Current Sale Price: $316,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5976
  • Previous Sale Recording Date: Nov 21, 2006
  • Previous Sale Contract Date: Sep 29, 2006
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BJV FINANCIAL SERVICES INC.
  • First Mortgage Transaction Date: Feb 23, 2024
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 21, 2006
  • Previous Mortgage Loan Amount: $252,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Southeast Elgin



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Nearby Rentals

Unit for rent at 267 College Street, Elgin, IL, 60120

$2,599 /mo

  • 4 Beds
  • 2 Baths
  • 1,950 ft²
267 College Street, Elgin, IL, 60120 Listing by Joe Whiteside

Frequently Asked Questions

What neighborhood is 161 South Grove Avenue located in?
The 161 South Grove Avenue is a townhouse located in the neighborhood of Downtown Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 161 South Grove Avenue?
The average sales price for units in 161 South Grove Avenue is $0 currently.

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