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477 Ann Street

477 Ann Street, Elgin, IL 60120
Property in Southeast Elgin
Sold Aug 06, 2015
$140,000
$137,464 by Midwest Community Bank
Mortgage Due Aug 01, 2045
Sold Mar 27, 2000
$118,000
$117,792 by Chase Manhattan Mtg Corp
Mortgage Due Apr 01, 2030
477 Ann Street 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 1924 and is 100 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 477 Ann Street has 1,238 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,430 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,150 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 are a total of 2 available parking spaces. The exterior walls of the building are made of brick. 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, 477 Ann Street sold most recently in Jul 30, 2015 for a total of $140,000. If you work out the math, that's approximately a cost of $63.26 per sqft. Before that, the property was also sold for $118,000 in Mar 20, 2000. 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 $5,003 in taxes each year. 477 Ann Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,693. If we break it down further, the land itself was valued at $10,637. Improvements to the property, however, were assessed at a total of $53,056. 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. 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!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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 975
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,213
  • Gross Building Area: 2,213
  • Building Area: 1,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,238
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: P MANNS SUB
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P MANNS SUB 1/2 VACATED ALLEY SOUTH OF & ADJ LOT 7 & ALL LOT 7 BLOCK 3

Ownership

  • Current Owner : ORTEGA LUIS GUADALUPE
  • Previous Owner : AYALA JOSE J
  • Previous Owner 2: AYALA MARIA
  • Owner Before Previous Owner: AVILA SOCORRO J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851302

Geography

  • Parcel: 06-13-203-008
  • Block: 3
  • Lot: 7
  • Municipality: ELGIN
  • Latitude: 42.0436
  • Longitude: -88.2718

    Address

  • Full Address: 477 Ann St
  • Address - House Number: 477
  • Address - Street Name: Ann
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C028
  • 4-Digit Zip Code: 4229
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,003
  • Tax Rate Code Area: EL701

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 249,589
  • High Value: 291,992
  • Low Value: 207,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,464
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Aug 06, 2015
  • First Open Lien Mortgage Loan Amount: $137,464
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $191,155
  • Market Land Value: $31,924
  • Market Improvement Value: $159,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,693
  • Assessed Land Value: $10,637
  • Assessed Improvements Value: $53,056

    Sales

  • Current Sale Contract Date: Jul 30, 2015
  • Current Sale Recording Date: Aug 06, 2015
  • Current Sale Transaction ID: 1239519791
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015K042308
  • Previous Sale Recording Date: Mar 27, 2000
  • Previous Sale Contract Date: Mar 20, 2000
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: Aug 06, 2015
  • First Mortgage Loan Amount: $137,464
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Mar 27, 2000
  • Previous Mortgage Loan Amount: $117,792
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2030

About Southeast Elgin



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Frequently Asked Questions

What neighborhood is 477 Ann Street located in?
The 477 Ann Street is a located in the neighborhood of Southeast Elgin in Southeast Elgin, Elgin.
What is the average sales price for listings in 477 Ann Street?
The average sales price for units in 477 Ann Street is $0 currently.

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