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466 South Alfred Avenue

466 South Alfred Avenue, Elgin, IL 60123
Property in Sunset Park
Sold Sep 24, 2014
$110,000
$104,120 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2044
Sold Jul 31, 2014
$76,000
466 South Alfred Avenue 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 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 5 stories. In addition, 466 South Alfred Avenue has 1,277 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 7,263 square feet.

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 inside of the home is being cooled with air conditioning at the moment. 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, 466 South Alfred Avenue sold most recently in Sep 9, 2014 for a total of $110,000. If you work out the math, that's approximately a cost of $51.69 per sqft. Before that, the property was also sold for $76,000 in Jul 31, 2014. 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 $4,997 in taxes each year. 466 South Alfred Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,631. If we break it down further, the land itself was valued at $14,310. Improvements to the property, however, were assessed at a total of $49,321. 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. 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.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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 851
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,263
  • Lot Size Frontage Feet: 670
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 1,277
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,277
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET PARK
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET PARK LOT 5 BLOCK 4

Ownership

  • Current Owner : HUNT JOHN
  • Previous Owner : GRANDVIEW CAPITAL LLC
  • Owner Before Previous Owner: MATE JOHN S
  • Owner Before Previous Owner 2: MATE KENNETH P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Parcel: 06-22-278-021
  • Block: 4
  • Lot: 5
  • Municipality: ELGIN
  • Latitude: 42.0244
  • Longitude: -88.3051

    Address

  • Full Address: 466 S Alfred Ave
  • Address - House Number: 466
  • Street Direction: S
  • Address - Street Name: Alfred
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C047
  • 4-Digit Zip Code: 7206
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,997
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 243,162
  • High Value: 284,223
  • Low Value: 202,100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,120
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $104,120
  • 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: Oct 01, 2044

    Market Valuation

  • Market Total Value: $190,969
  • Market Land Value: $42,947
  • Market Improvement Value: $148,022

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,631
  • Assessed Land Value: $14,310
  • Assessed Improvements Value: $49,321

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2014
  • Current Sale Recording Date: Sep 24, 2014
  • Current Sale Transaction ID: 1178216682
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014K047552
  • Previous Sale Recording Date: Jul 31, 2014
  • Previous Sale Contract Date: Jul 31, 2014
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 24, 2014
  • First Mortgage Loan Amount: $104,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Elgin



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Frequently Asked Questions

What neighborhood is 466 South Alfred Avenue located in?
The 466 South Alfred Avenue is a located in the neighborhood of Sunset Park in Southwest Elgin, Elgin.
What is the average sales price for listings in 466 South Alfred Avenue?
The average sales price for units in 466 South Alfred Avenue is $0 currently.

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