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208 North Melrose Avenue

208 North Melrose Avenue, Elgin, IL 60123
Property in Northwest Elgin
Sold Jun 14, 2012
$131,000
$111,350 by Tcf National Bank
Mortgage Due Jun 07, 2042
Sold Jun 27, 2007
$195,000
$173,550 by Tcf National Bank
Mortgage Due Jun 15, 2010
208 North Melrose Avenue in Elgin, IL was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 208 North Melrose Avenue has 1,144 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 500 ft and the linear feet between the front and back of the lot is 1,320. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a detached 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. The exterior walls of the home are made of wood. 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, 208 North Melrose Avenue sold most recently in May 9, 2012 for a total of $131,000. If you work out the math, that's approximately a cost of $57.26 per sqft. Before that, the property was also sold for $195,000 in May 31, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,450 in taxes each year. 208 North Melrose Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,851. If we break it down further, the land itself was valued at $13,348. Improvements to the property, however, were assessed at a total of $55,503. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,144
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND AVE ADDN
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND AVE ADDN LOT 10 BLOCK 3

Ownership

  • Current Owner : RAMIREZ LEDESMA JUAN CARLOS
  • Current Owner 2: MARTINEZ SAAVEDRA MARIA ESTHER
  • Previous Owner : TCF NATIONAL BANK
  • Owner Before Previous Owner: FLICKINGER MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851102

Geography

  • Parcel: 06-15-253-020
  • Block: 3
  • Lot: 10
  • Municipality: ELGIN
  • Latitude: 42.0398
  • Longitude: -88.3087

    Address

  • Full Address: 208 N Melrose Ave
  • Address - House Number: 208
  • Street Direction: N
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C048
  • 4-Digit Zip Code: 3302
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,450
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 71
  • Final Value: 253,036
  • High Value: 306,083
  • Low Value: 199,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,350
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2012
  • First Open Lien Mortgage Loan Amount: $111,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 07, 2042

    Market Valuation

  • Market Total Value: $206,636
  • Market Land Value: $40,060
  • Market Improvement Value: $166,576

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,851
  • Assessed Land Value: $13,348
  • Assessed Improvements Value: $55,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2012
  • Current Sale Recording Date: Jun 14, 2012
  • Current Sale Transaction ID: 1043411396
  • Current Sale Price: $131,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2012K038548
  • Previous Sale Recording Date: Jun 27, 2007
  • Previous Sale Contract Date: May 31, 2007
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Jun 14, 2012
  • First Mortgage Loan Amount: $111,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 07, 2042

    Previous Mortgages

  • Previous Mortgage Lender: TCF NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 27, 2007
  • Previous Mortgage Loan Amount: $173,550
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 15, 2010

About Northwest Elgin



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Frequently Asked Questions

What neighborhood is 208 North Melrose Avenue located in?
The 208 North Melrose Avenue is a located in the neighborhood of Northwest Elgin in Northwest Elgin, Elgin.
What is the average sales price for listings in 208 North Melrose Avenue?
The average sales price for units in 208 North Melrose Avenue is $0 currently.

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