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370 Hastings Street

370 Hastings Street, Elgin, IL 60120
Property in Southeast Elgin
Sold Jun 24, 2019
$155,000
$146,965 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2049
Sold Sep 01, 2015
$80,000
Local assessors in Elgin, IL have categorized 370 Hastings Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 8,363 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 640 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 370 Hastings Street has a total of 2,106 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 370 Hastings Street sold most recently in Jun 18, 2019 for a total of $155,000. If you work out the math, that's approximately a cost of $50.75 per sqft. Before that, the property was also sold for $80,000 in Aug 24, 2015. 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 $3,777 in taxes each year. 370 Hastings Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $49,554. If we break it down further, the land itself was valued at $11,151. Improvements to the property, however, were assessed at a total of $38,403. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 948
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,363
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 640
  • Total Building Area: 3,054
  • Gross Building Area: 3,054
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROTE&WALDRONS 5TH ADDN
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROTE & WALDRONS 5TH ADDN LOT 6

Ownership

  • Current Owner : SNYDER ROBERT
  • Previous Owner : BRIBIESCAS JESUS
  • Previous Owner 2: BRIBIESCAS YOLANDA
  • Owner Before Previous Owner: WMSY PROPERTIES LLC 370 HASTINGS SERIES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851400

Geography

  • Parcel: 06-24-401-014
  • Lot: 6
  • Municipality: ELGIN
  • Latitude: 42.0221
  • Longitude: -88.2714

    Address

  • Full Address: 370 Hastings St
  • Address - House Number: 370
  • Address - Street Name: Hastings
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C020
  • 4-Digit Zip Code: 8540
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,777
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 223,380
  • High Value: 259,325
  • Low Value: 187,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,965
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 24, 2019
  • First Open Lien Mortgage Loan Amount: $146,965
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $148,721
  • Market Land Value: $33,466
  • Market Improvement Value: $115,255

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,554
  • Assessed Land Value: $11,151
  • Assessed Improvements Value: $38,403

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11620673043
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019K026271
  • Previous Sale Recording Date: Sep 01, 2015
  • Previous Sale Contract Date: Aug 24, 2015
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $146,965
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Southeast Elgin



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Frequently Asked Questions

What neighborhood is 370 Hastings Street located in?
The 370 Hastings Street is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 370 Hastings Street?
The average sales price for units in 370 Hastings Street is $0 currently.

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