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461 Miller Drive

461 Miller Drive, Elgin, IL 60123
Property in Sunset Park
Sold Jul 31, 2023
$266,000
$258,020 by First Centennial Mortgage Corp
Mortgage Due Aug 01, 2053
Sold May 17, 2021
$190,000
$143,000 by First American Bank
Mortgage Due May 01, 2051
461 Miller Drive 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 1948 and is 76 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 5 stories. In addition, 461 Miller Drive has 1,329 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,654 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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 exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 461 Miller Drive was last sold in Jul 28, 2023 for $266,000. According to our calculations, that's $120.09 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Apr 8, 2021. Current property owners are expected to pay $5,211 in taxes per year. The property on 461 Miller Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $66,095. To break that down further, the land itself was valued at $13,880. While improvements to the property were assessed at a total of $52,215. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 886
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,654
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,215
  • Gross Building Area: 2,215
  • Building Area: 1,329
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,329
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUNSET PARK
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET PARK LOT 34 BLOCK 4

Ownership

  • Current Owner : HERNANDEZ ROBERTO
  • Current Owner 2: HERNANDEZ PERLA E
  • Previous Owner : MUSIC RICHARD & ERIN
  • Owner Before Previous Owner: CLOONAN MICHAEL P
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 854900

Geography

  • Parcel: 06-22-278-001
  • Block: 4
  • Lot: 34
  • Municipality: ELGIN
  • Latitude: 42.0249
  • Longitude: -88.3056

    Address

  • Full Address: 461 Miller Dr
  • Address - House Number: 461
  • Address - Street Name: Miller
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C047
  • 4-Digit Zip Code: 7232
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,211
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 255,273
  • High Value: 297,359
  • Low Value: 213,188

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $268,020
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 31, 2023
  • First Open Lien Mortgage Loan Amount: $258,020
  • 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: Aug 01, 2053
  • Second Open Lien Mortgage Recording Date: Jul 31, 2023
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $198,364
  • Market Land Value: $41,657
  • Market Improvement Value: $156,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,095
  • Assessed Land Value: $13,880
  • Assessed Improvements Value: $52,215

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Transaction ID: 11910417340
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25894
  • Previous Sale Recording Date: May 17, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 31, 2023
  • First Mortgage Loan Amount: $258,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053
  • Second Mortgage Transaction Date: Jul 31, 2023
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 30
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN BANK
  • Previous Mortgage Transaction Date: May 17, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $143,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 461 Miller Drive located in?
The 461 Miller Drive is a located in the neighborhood of Sunset Park in Southwest Elgin, Elgin.
What is the average sales price for listings in 461 Miller Drive?
The average sales price for units in 461 Miller Drive is $0 currently.

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