When was property at 502 Ashland Avenue built and last sold?

The property at 502 Ashland Avenue was built in 1883 and last sold on Apr 6, 2022 for $200,000.

How much is this home worth?

The estimated value of the home located at 502 Ashland Avenue is $0.

What are some comparable homes to 502 Ashland Avenue?

There are currently no comparable homes to 502 Ashland Avenue.

Elgin

60123

Southwest Elgin

502 Ashland Avenue

$200,000

● House - Off Market

502 Ashland Avenue

Elgin, IL 60123

3 Beds

2 Baths, 1 Half Bath

1,700 Ft²

$202,640

RealtyHop Estimate

1.37%

Since May 1, 2022

National-US

Primary Model

About This Property

This amazing opportunity to own a corner lot home in the Grohlic Park neighborhood is here! This classic Folk Victorian home with all its charm and detail is waiting for your ideas and has the great bones to make your dream home a reality. The home has a NEW ROOF (2021), newer siding and has a newer 2 car garage. The home sits on a gorgeous 60 X 133 corner Lot and has a beautiful backyard perfect for entertaining! This three bedroom 1 and 1/2 bath home has a great layout and high ceilings with crown molding. The home is listed AS IS but simply awaits your design ideas to freshen it up. Close to downtown Elgin and Rte 20 come see all the possibilities this home offers today!

Unit Size

1,700 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$118

Property Type

House

Property Taxes

$340

HOA Dues

Year Built

1883

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11314351)

Price History

Date / Event	Date	Event
Apr 11, 2022	Sold	Premium
Sold
Feb 17, 2022	Listed by Baird & Warner	$199,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1883

Effective Year Built: 1883
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
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: 833
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,956

Lot Size Depth Feet: 1,330
Lot Size Frontage Feet: 600
Total Building Area: 2,352
Gross Building Area: 2,352
Building Area: 1,519
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 0
Heated Square Feet: 1,519
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: W H HINTZES SUB
Land Acres: 0000000183
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: W H HINTZES SUB BLOCK 4, 5, 6, 7, 8, & 9 OF HINTZE & POTTERS ADDN AS AMENDED LOT 1 BLK 8

Neighborhood

School District Name: School District U-46

Census Tract: 851600

Geography

Parcel: 06-24-160-009

Block: 4,5,8
Lot: 1
Municipality: ELGIN
Latitude: 42.0233
Longitude: -88.2809

Address

Full Address: 502 Ashland Ave

Address - House Number: 502
Address - Street Name: Ashland
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C046
4-Digit Zip Code: 7714
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $475,248
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.2215

Valuation Date: Nov 29, 2023
Confidence Score: 69
Final Value: 243,659
High Value: 297,639
Low Value: 189,679

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 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: $182,497

Market Land Value: $35,684
Market Improvement Value: $146,813

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $60,808
Assessed Land Value: $11,890
Assessed Improvements Value: $48,918

Sales

Current Sale Contract Date: Apr 06, 2022

Current Sale Recording Date: Apr 25, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 22245
Previous Sale Recording Date: Jul 10, 2006
Previous Sale Contract Date: Jun 20, 2006
Previous Sale Amount: $180,000
Previous Sale Document Type: 71

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

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

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Comparables

About Southwest Elgin

Stats & Trends

Median Asking:

$299,896

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

Average Home Size

1860 ft²

Average Home Age

54.4 years

Currently For Sale

15 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: Diane Vanna, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11314351

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.

502 Ashland Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southwest Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions