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408 Vandalia Street

408 Vandalia Street, Elgin, IL 60123
Sold Jan 04, 2019
$185,000
$181,649 by Ocmbc Inc
Mortgage Due Jan 01, 2049
Sold Apr 15, 2013
$65,000
Local assessors in Elgin, IL have categorized 408 Vandalia Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 11,022 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 660 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, 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 408 Vandalia Street has a total of 998 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. 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. Residents rely on air conditioning for their cooling system. 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, 408 Vandalia Street sold most recently in Dec 7, 2018 for a total of $185,000. If you work out the math, that's approximately a cost of $92.69 per sqft. Before that, the property was also sold for $65,000 in Mar 19, 2013. 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 $4,624 in taxes each year. 408 Vandalia Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,326. If we break it down further, the land itself was valued at $17,031. Improvements to the property, however, were assessed at a total of $42,295. 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. 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. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 998
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,022
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,996
  • Gross Building Area: 1,996
  • Building Area: 998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J C&W H KIMBALLS 4TH ADDN
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J C & W H KIMBALLS 4TH ADDN LOT 2 BLOCK 12

Ownership

  • Current Owner : CABRERA MARICELA OROZCO
  • Current Owner 2: ALCOCER ANDRES LUNA
  • Previous Owner : BUIE JASON
  • Owner Before Previous Owner: PETERSON PRISCILLA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851600

Geography

  • Parcel: 06-23-176-005
  • Block: 12
  • Lot: 2
  • Municipality: ELGIN
  • Latitude: 42.0256
  • Longitude: -88.2968

    Address

  • Full Address: 408 Vandalia St
  • Address - House Number: 408
  • Address - Street Name: Vandalia
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C039
  • 4-Digit Zip Code: 7416
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,624
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 243,850
  • High Value: 284,052
  • Low Value: 203,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,649
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Jan 04, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $178,049
  • Market Land Value: $51,113
  • Market Improvement Value: $126,936

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,326
  • Assessed Land Value: $17,031
  • Assessed Improvements Value: $42,295

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Transaction ID: 11551573174
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019K000574
  • Previous Sale Recording Date: Apr 15, 2013
  • Previous Sale Contract Date: Mar 19, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Jan 04, 2019
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Elgin



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Frequently Asked Questions

What neighborhood is 408 Vandalia Street located in?
The 408 Vandalia Street is a house located in the neighborhood of Southwest Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 408 Vandalia Street?
The average sales price for units in 408 Vandalia Street is $0 currently.

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