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432 Ashland Avenue

432 Ashland Avenue, Elgin, IL 60123
Multifamily in Southwest Elgin
Sold May 04, 2020
$180,000
$135,000 by Wintrust Mortgage
Mortgage Due May 01, 2050
Sold Jun 22, 2006
$220,000
$176,000 by Midamerica Bank Fsb
Mortgage Due Jul 01, 2036
432 Ashland Avenue in Elgin, IL was first built in 1920 and is 104 years old. This has been categorized as a residential property type. There are a total of 5 floors. There are a total of 7 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. 432 Ashland Avenue has 1,344 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 600 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 5,400 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There is one available parking space. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Apr 30, 2020 for $180,000. That's $81.52 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2006 for $220,000. 432 Ashland Avenue was last assessed in 2022. The total value of the property was assessed at $50,352. Specifically, the land the property is located on was valued at $10,291. While improvements on the property were assessed at a total of $40,061. 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 $4,366. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,208
  • Gross Building Area: 2,208
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HINTZE&POTTERS ADDN
  • Land Acres: 0.124
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: HINTZE & POTTERS ADDN AS AMENDED EXCEPT 42 FT OF LOT 2 BLOCK 2

Ownership

  • Current Owner : GONZALEZ THOMAS E
  • Current Owner 2: GONZALEZ JENNY M
  • Previous Owner : WENCES YIMER
  • Previous Owner 2: WENCES IRENE
  • Owner Before Previous Owner: VENCES ROBERTO
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Geography

  • Parcel: 06-24-155-013
  • Block: 2
  • Lot: 2
  • Municipality: ELGIN
  • Latitude: 42.0252
  • Longitude: -88.2805

    Address

  • Full Address: 432 Ashland Ave
  • Address - House Number: 432
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C046
  • 4-Digit Zip Code: 7792
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,366
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 221,219
  • High Value: 257,690
  • Low Value: 184,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $135,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $151,116
  • Market Land Value: $30,885
  • Market Improvement Value: $120,231

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,352
  • Assessed Land Value: $10,291
  • Assessed Improvements Value: $40,061

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11759779351
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020K022068
  • Previous Sale Recording Date: Jun 22, 2006
  • Previous Sale Contract Date: Jun 01, 2006
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: Jun 22, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Southwest Elgin



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Unit for rent at 737 Bent Ridge Lane, Elgin, IL, 60120

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737 Bent Ridge Lane #737 Bent Ridge lane, Elgin, IL, 60120 Listing by Manager

Frequently Asked Questions

What neighborhood is 432 Ashland Avenue located in?
The 432 Ashland Avenue is a multifamily located in the neighborhood of Southwest Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 432 Ashland Avenue?
The average sales price for units in 432 Ashland Avenue is $0 currently.

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