When was property at 457 Preston Avenue built and last sold?

The property at 457 Preston Avenue was built in 1952 and last sold on Nov 16, 2021 for $305,000.

How much is this home worth?

The estimated value of the home located at 457 Preston Avenue is $0.

What are some comparable homes to 457 Preston Avenue?

There are currently no comparable homes to 457 Preston Avenue.

Elgin

60120

Lords Park

457 Preston Avenue

$305,000

● House - Off Market

457 Preston Avenue

Elgin, IL 60120

3 Beds

3 Baths

1,723 Ft²

$351,136

RealtyHop Estimate

11.51%

Since Dec 1, 2021

National-US

Primary Model

About This Property

Recently updated with brand new kitchen with SS appliances, baths have been updated and the master bath is completely new. A third bedroom was also added on the main floor. Mud room. Very large living area with combined dining room and fireplace. Very spacious home with a full, partially finished basement with large bar and fireplace, full bath and tons of storage. Within walking distance to stores and Lord's Park.

Unit Size

1,723 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$183

Property Type

House

Property Taxes

$260

HOA Dues

Year Built

1952

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11232276)

Price History

Date / Event	Date	Event
Nov 16, 2021	Sold	Premium
Sold
Oct 6, 2021	No longer available	-
No longer available
Sep 28, 2021	Listed by asquared Realty LLC	$314,900
Listed by asquared Realty LLC
Apr 19, 2021	In contract	-
In contract
Mar 11, 2021	Listed	$209,000
Listed

	This home has been in the family for decades and has been loved and well-maintined the entire time. Although it could use some cosmetic updating the bones are excellent. This is a spacious ranch with a full, partially finished basement. The main living area is large and open with a beautiful picture window looking out over the front yard. Location is excllent. It sits on a corner lot and it just minutes from shopping, dining, downtown Elgin, I90, RT25, parks, and schools. In fact, Lord's Park is just a 5-minute walk away, which features a pool, tennis courts, basketball courts, a zoo, three ponds, sledding hills, playgrounds, and more! The manager has listed the unit size as 1723 square feet.

Property Highlights

Garage

Air Conditioning

Fireplace

Parking Available

Building Info

Overview

General

Year Built: 1952

Effective Year Built: 1952
Building Count: 1
Total Rooms: 6
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 1,723
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,320
Lot Size Frontage Feet: 660
Total Building Area: 3,446
Gross Building Area: 3,446
Building Area: 1,723
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 0
Heated Square Feet: 1,723
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HIGHLAND PARK ADDN
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: HIGHLAND PARK ADDN LOT 1 BLOCK 4

Neighborhood

School District Name: School District U-46

Census Tract: 850800

Geography

Parcel: 06-12-481-001

Block: 4
Lot: 1
Municipality: ELGIN
Latitude: 42.0461
Longitude: -88.2652

Address

Full Address: 457 Preston Ave

Address - House Number: 457
Address - Street Name: Preston
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C031
4-Digit Zip Code: 4288
Zip Code: 60120

Valuation

Tax

Tax Year: 2022

Tax Amount: $650,534
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.157

Valuation Date: Nov 29, 2023
Confidence Score: 80
Final Value: 305,767
High Value: 353,793
Low Value: 257,741

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $243,166

Market Land Value: $46,903
Market Improvement Value: $196,264

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $81,023
Assessed Land Value: $15,628
Assessed Improvements Value: $65,395

Sales

Current Sale Contract Date: Nov 16, 2021

Current Sale Recording Date: Nov 19, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021K087144
Previous Sale Recording Date: May 10, 2021
Previous Sale Contract Date: May 03, 2021
Previous Sale Amount: $220,500
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southeast Elgin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

Average Home Size

1609 ft²

Average Home Age

46.2 years

Currently For Sale

27 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 682 Dickie Avenue, Elgin, IL, 60120

$2,950 /mo

3 Beds
3 Baths
2,087 ft²

682 Dickie Avenue, Elgin, IL, 60120 Listing by Ken Bruderle

Unit for rent at 371 Fulton Street, IL, 60120

$2,750 /mo

3 Beds
1 Bath
1,600 ft²

371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio

Unit for rent at 506 Barrett Street, Elgin, IL, 60120

$2,500 /mo

3 Beds
1 Bath
1,430 ft²

506 Barrett Street, Elgin, IL, 60120 Listing by Jesus Perez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Bertha Alvarado-Lopez, asquared Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11232276

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

457 Preston Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southeast Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions