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228 Hamilton Avenue

228 Hamilton Avenue, Elgin, IL 60123
House in Grant Park
Sold Aug 16, 2019
$231,000
$200,000 by Draper & Kramer Mortgage Corp
Mortgage Due Sep 01, 2049
228 Hamilton Avenue has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 1914 and is 110 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 228 Hamilton Avenue has 1,574 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 8,052 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 9, 2019 for $231,000. That's $96.49 per sqft. 228 Hamilton Avenue was last assessed in 2022. The total value of the property was assessed at $76,506. Specifically, the land the property is located on was valued at $16,869. While improvements on the property were assessed at a total of $59,637. 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 $6,114. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 820
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,052
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,394
  • Gross Building Area: 2,394
  • Building Area: 1,574
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,574
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLURES LINDEN ADDN
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCCLURES LINDEN ADDN LOT 1 BLOCK 2

Ownership

  • Current Owner : CHARLES ELIZABETH W
  • Previous Owner : HOLLEN DAVID R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 06-14-156-006
  • Block: 2
  • Lot: 1
  • Municipality: ELGIN
  • Latitude: 42.0388
  • Longitude: -88.2985

    Address

  • Full Address: 228 Hamilton Ave
  • Address - House Number: 228
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C074
  • 4-Digit Zip Code: 5341
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,114
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 303,209
  • High Value: 351,829
  • Low Value: 254,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 16, 2019
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $229,610
  • Market Land Value: $50,627
  • Market Improvement Value: $178,983

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,506
  • Assessed Land Value: $16,869
  • Assessed Improvements Value: $59,637

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Transaction ID: 11636459293
  • Current Sale Price: $231,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019K037130

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 16, 2019
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

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Frequently Asked Questions

What neighborhood is 228 Hamilton Avenue located in?
The 228 Hamilton Avenue is a house located in the neighborhood of Grant Park in Northwest Elgin, Elgin.
What is the average sales price for listings in 228 Hamilton Avenue?
The average sales price for units in 228 Hamilton Avenue is $0 currently.

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