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

The property at 502 Walnut Avenue was built in 1918 and last sold on Apr 26, 2022 for $153,000.

How much is this home worth?

The estimated value of the home located at 502 Walnut Avenue is $167,382.

What are some comparable homes to 502 Walnut Avenue?

There are currently no comparable homes to 502 Walnut Avenue.

Elgin

60123

Near West Elgin

502 WALNUT Avenue

$160,000

● House - Off Market

502 WALNUT Avenue

Elgin, IL 60123

2 Beds

1 Bath

792 Ft²

$166,285

RealtyHop Estimate

0.78%

Since Jun 1, 2022

National-US

Primary Model

About This Property

Charming Bungalow with mature landscaping. This Quaint 2 Bedroom, 1 Bathroom home would be great for someone that is looking for their first home or downsizing. The Living room & Dining room have hardwood floors. Enclosed Porch. One car detached garage with a fenced in back yard. Hot Water tank just replaced in 2022. Needs some TLC but this house could be yours.

Unit Size

792 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$208

Property Type

House

Property Taxes

$259

HOA Dues

Year Built

1918

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11346957)

Price History

Date / Event	Date	Event
May 2, 2022	Sold	Premium
Sold
Mar 14, 2022	Listed by RE/MAX Horizon	$165,000
Listed by RE/MAX Horizon

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1918

Effective Year Built: 1918
Building Count: 1
Total Rooms: 5
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 3
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 792
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,425

Lot Size Depth Feet: 900
Lot Size Frontage Feet: 830
Total Building Area: 1,584
Gross Building Area: 1,584
Building Area: 792
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 792
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: J C&W H KIMBALLS ADDN
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: J C & W H KIMBALLS ADDN SOUTH 90 FT LOT 8 BLOCK 13

Neighborhood

School District Name: School District U-46

Census Tract: 851600

Geography

Parcel: 06-23-202-014

Block: 13
Lot: 8
Municipality: ELGIN
Latitude: 42.0291
Longitude: -88.2903

Address

Full Address: 502 Walnut Ave

Address - House Number: 502
Address - Street Name: Walnut
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C042
4-Digit Zip Code: 7524
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $337,446
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.1688

Valuation Date: Nov 29, 2023
Confidence Score: 78
Final Value: 190,450
High Value: 222,611
Low Value: 158,289

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: $134,802

Market Land Value: $39,310
Market Improvement Value: $95,492

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $44,916
Assessed Land Value: $13,098
Assessed Improvements Value: $31,818

Sales

Current Sale Contract Date: Apr 26, 2022

Current Sale Recording Date: May 10, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 25219

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:

$299,900

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

Average Home Size

2000 ft²

Average Home Age

67.2 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 40 Dupage Court, Elgin, IL, 60120

$2,075 /mo

2 Beds
2 Baths
969 ft²

40 Dupage Court #409, Elgin, IL, 60120 Listing by Andrew Stoll

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ronald Ewing, RE/MAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 11346957

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 WALNUT 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