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287 Hamilton Avenue

287 Hamilton Avenue, Elgin, IL 60123
House in Grant Park
Sold Aug 03, 2022
$300,000
$294,566 by Neighborhood Loans Inc
Mortgage Due Aug 01, 2052
Sold Apr 27, 2020
$205,000
$201,286 by Prosperity Home Mortgage Llc
Mortgage Due May 01, 2050
287 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 1906 and is 118 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 287 Hamilton Avenue has 1,776 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 1,430 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,580 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 is one available parking space. 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 inside of the home is being cooled with air conditioning at the moment. The property was last sold in Jul 22, 2022 for $300,000. That's $115.03 per sqft. Prior to that sales transaction, the property was also sold in Apr 7, 2020 for $205,000. 287 Hamilton Avenue was last assessed in 2022. The total value of the property was assessed at $76,990. Specifically, the land the property is located on was valued at $17,366. While improvements on the property were assessed at a total of $59,624. 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 $6,156. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 832
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,580
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,608
  • Gross Building Area: 2,608
  • Building Area: 1,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLURES LINDEN ADDN
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCCLURES LINDEN ADDN LOT 9 BLOCK 6

Ownership

  • Current Owner : CASTRO GEORGE
  • Current Owner 2: CANGIALOSI AMANDA
  • Previous Owner : GURULE BRANDEN S
  • Previous Owner 2: GURULE NELLY R
  • Owner Before Previous Owner: WILSON JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 06-14-154-018
  • Block: 6
  • Lot: 9
  • Municipality: ELGIN
  • Latitude: 42.0401
  • Longitude: -88.2978

    Address

  • Full Address: 287 Hamilton Ave
  • Address - House Number: 287
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C074
  • 4-Digit Zip Code: 5354
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,156
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 302,458
  • High Value: 344,470
  • Low Value: 260,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Loan Amount: $294,566
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $231,062
  • Market Land Value: $52,119
  • Market Improvement Value: $178,944

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,990
  • Assessed Land Value: $17,366
  • Assessed Improvements Value: $59,624

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11893678032
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39406
  • Previous Sale Recording Date: Apr 27, 2020
  • Previous Sale Contract Date: Apr 07, 2020
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Mortgage Transaction Date: Aug 03, 2022
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 27, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $201,286
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2050

About Northwest Elgin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 287 Hamilton Avenue located in?
The 287 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 287 Hamilton Avenue?
The average sales price for units in 287 Hamilton Avenue is $0 currently.

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