See Home Value
$279,000
● House - Off Market

508 Cleveland Avenue

Elgin, IL 60120
bedrooms
2 Beds
bathrooms
1 Bath
square feet
927 Ft²
$1,657
Est. Monthly
7.20%
Cap Rate

About This Property

Welcome to this picture-perfect ranch home, a charming blend of comfort and style, located in a serene neighborhood with low taxes. This delightful residence features 2 spacious bedrooms, 1 full bath, and an incredibly versatile bonus room. As you step into the light-filled living room, you'll be greeted by gleaming hardwood floors and a large picturesque window that bathes the space in natural light, creating a warm and inviting ambiance. The beautifully updated kitchen boasts 42-inch maple cabinetry, luxurious granite countertops, and sleek black appliances, making it a chef's dream come true. Whether you're preparing a quick meal or hosting a dinner party, this kitchen is equipped to handle it all with style and efficiency. Adjacent to the kitchen, the versatile bonus room with hardwood flooring awaits your personal touch. This space can easily be transformed into a third bedroom, home office, playroom, or cozy den. Conveniently, this room also offers direct access to both the attached garage and the lush backyard. The two generously sized bedrooms feature the same beautiful hardwood flooring and offer plenty of closet space, ensuring comfort and convenience. The hall bath is elegantly appointed with a pedestal sink and a large soaking tub, perfect for unwinding after a long day. Adding to the home's appeal is the full basement, 3/4 finished, providing additional living space that can be used as a family room, entertainment area, or home gym-the possibilities are endless! Step outside to the fabulous backyard, a true outdoor oasis with mature foliage and a charming brick fire pit. The spacious brick paver patio is ideal for entertaining friends and family on warm summer evenings, or simply enjoying a quiet moment of relaxation. This home is not only beautiful but also boasts practical updates, including an HVAC and furnace installed in 2014, a kitchen renovation completed in 2017, New Siding & Insulation 2024 (value $31,000)  Top of line the Angel Water Filtration System which filters the whole home(value $8000) ensuring clean and safe water for your household. Don't miss the opportunity to make this lovely ranch home your own. With its perfect blend of charm, functionality, and modern updates, it's ready to welcome you home!
Unit Size
927 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1950

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Last updated: 3 years ago (MRED MLS #12026430)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Sold
Jul 14, 2024 In contract -
In contract
Jul 11, 2024 Listed by Coldwell Banker Real Estate Group $269,020
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 927
  • Gross Building Area: 927
  • Building Area: 927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 927
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUFF CITY ADD/ELGIN
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804406

Geography

  • District: 18
  • Parcel: 06-19-112-014-0000
  • Block: 1
  • Lot: 23
  • Meridian: SEC 19 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0264
  • Longitude: -88.2624

    Address

  • Full Address: 508 Cleveland Ave
  • Address - House Number: 508
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C022
  • 4-Digit Zip Code: 8206
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,906
  • Tax Rate Code Area: 18015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 187,833
  • High Value: 206,824
  • Low Value: 168,841

    Market Valuation

  • Market Total Value: $172,870
  • Market Land Value: $26,400
  • Market Improvement Value: $146,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,287
  • Assessed Land Value: $2,640
  • Assessed Improvements Value: $14,647

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 29, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1933313175
  • Previous Sale Recording Date: Mar 28, 2013
  • Previous Sale Contract Date: Feb 28, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 71
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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Nearby Rentals

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40 Dupage Court #209, Elgin, IL, 60120 Listing by Andrew Stoll
Unit for rent at 170 S Porter Street, Elgin, IL, 60120

$1,850 /mo

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170 S Porter Street #2, Elgin, IL, 60120 Listing by Kallen O'Shea


Frequently Asked Questions

When was property at 508 Cleveland Avenue built and last sold?
The property at 508 Cleveland Avenue was built in 1950 and last sold on Nov 8, 2019 for $124,000.
How much is this home worth?
The estimated value of the home located at 508 Cleveland Avenue is $267,024.
What are some comparable homes to 508 Cleveland Avenue?
There are currently no comparable homes to 508 Cleveland Avenue.