See Home Value
$300,000
● House - Off Market

485 Mary Place

Elgin, IL 60120
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,694 Ft²
$1,895
Est. Monthly
11.93%
Cap Rate

About This Property

This classic 1910ish American Foursquare is located on a quiet street in the Elgin Historic District, a stately home that features a welcoming front porch and a large, private backyard. It has served the homeowners well for more than 30 years, but it is now time to find another family to enjoy all of its traditional charm. There's really nothing to concern a new owner in terms of the exterior, as the stucco was recently painted and will last many years. The inside is full of turn-of-the-century appeal -- hardwood floors (oak on the first floor, maple on the second), original wood trim, vintage light fixtures, special windows, french doors, a vintage tub and toilet. The walk-up attic could be finished to create even more cozy living space. The kitchen has been renovated to add cabinets and a soapstone counter, as well as a series of new windows, allowing light to flood the space. Maybe the best place to relax would be in the sunroom, or out on the pleasant patio/deck space in the backyard. Welcome to 485 Mary Place.
Unit Size
1,694 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1905

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11912756)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Sold
Oct 25, 2023 Listed by Real People Realty $299,000
Listed by Real People Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 882
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,753
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALKERS ADDN
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WALKERS ADDN LOT 7 BLOCK 2

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851301

Geography

  • Parcel: 06-13-260-005
  • Block: 2
  • Lot: 7
  • Municipality: ELGIN
  • Latitude: 42.0379
  • Longitude: -88.2715

    Address

  • Full Address: 485 Mary Pl
  • Address - House Number: 485
  • Address - Street Name: Mary
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Elgin
  • Carrier Code: C035
  • 4-Digit Zip Code: 5768
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $511,710
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 92
  • Final Value: 295,428
  • High Value: 321,509
  • Low Value: 269,347

    Market Valuation

  • Market Total Value: $195,117
  • Market Land Value: $40,318
  • Market Improvement Value: $154,799

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,013
  • Assessed Land Value: $13,434
  • Assessed Improvements Value: $51,579

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44030
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Elgin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1154 Megan Court, Elgin, IL, 60120

$3,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,600 ft²
1154 Megan Court, Elgin, IL, 60120 Listing by Cameel Halim


Frequently Asked Questions

When was property at 485 Mary Place built and last sold?
The property at 485 Mary Place was built in 1905 and last sold on Dec 12, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 485 Mary Place is $302,708.
What are some comparable homes to 485 Mary Place?
There are currently no comparable homes to 485 Mary Place.