See Home Value
$251,000
● House - Off Market

505 Arlington Avenue

Elgin, IL 60120
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,377 Ft²
$212,777
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

###All buyers fully qualified through Kane County must have offers submitted by Friday, March 4th at 10:00 am.### Please be sure to confirm with the buyers lender that any increased offer by the buyer will not push the buyers income qualification out of range for the Kane county program. ##Come see this fabulous all brick expansive home that has been completely remodeled throughout! New electric, plumbing, drywall, roof, HVAC, paint and so much more! Hardwood floors on the entire first floor and some newer windows! 2 porches including a private back porch for those warm, breezy summer nights! Home has a huge walkup attic just waiting for your finishing touches to add more space! This home is bigger than it looks so check it out before it is gone! Close to downtown and a walk in closet in master bedroom as well as a wood burning fireplace in the living room! Great home! Home is located in the historical district and close to downtown! Homebuyer income limitations apply to this property. Deferred loan financing from Kane county will reduce monthly payments-Check MLS docs for all of the details and application/qualification documents BEFORE submitting a contract.
Unit Size
2,377 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$88
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1935

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Last updated: 3 years ago (MRED MLS #11293185)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Sold
Dec 21, 2021 Listed by Whyrent Real Estate Company $209,900
Listed by Whyrent Real Estate Company
Oct 6, 2021 No longer available -
No longer available
Apr 18, 2020 In contract -
In contract
Apr 9, 2020 Relisted $112,500
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1,783
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,785
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 660
  • Total Building Area: 4,160
  • Gross Building Area: 4,160
  • Building Area: 2,377
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,377
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLINS ADDN
  • Land Acres: 0000000202
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WALLINS ADDN NORTH 1 ROD LOT 3 & ALL LOT 2 BLOCK 1

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851400

Geography

  • Parcel: 06-24-254-002
  • Block: 1
  • Lot: 3,2
  • Municipality: ELGIN
  • Latitude: 42.0264
  • Longitude: -88.2689

    Address

  • Full Address: 505 Arlington Ave
  • Address - House Number: 505
  • Address - Street Name: Arlington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C015
  • 4-Digit Zip Code: 7819
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,332
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 324,483
  • High Value: 378,296
  • Low Value: 270,671

    Market Valuation

  • Market Total Value: $268,007
  • Market Land Value: $39,748
  • Market Improvement Value: $228,259

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,300
  • Assessed Land Value: $13,244
  • Assessed Improvements Value: $76,056

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19406
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Apr 17, 2020
  • Previous Sale Amount: $105,500
  • Previous Sale Document Type: 68
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


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Frequently Asked Questions

When was property at 505 Arlington Avenue built and last sold?
The property at 505 Arlington Avenue was built in 1935 and last sold on Apr 8, 2022 for $251,000.
How much is this home worth?
The estimated value of the home located at 505 Arlington Avenue is $224,159.
What are some comparable homes to 505 Arlington Avenue?
There are currently no comparable homes to 505 Arlington Avenue.