See Home Value
$252,000 - $306,000
House - Off Market

534 Melrose Court

Elgin, IL 60123
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1428 Sqft
Sold Mar 05, 2024
$265,000
$257,050 by New American Funding
Mortgage Due Apr 01, 2054

About This Property

Located on a Cul-de-sac just North of Rt 20 off this home has 4 bedrooms total. On the main floor, there are 2 bedrooms and 1 full bath with a walk-in shower along  with the kitchen which was remodeled in the last 10 years, living/dining room and large screened patio in the back. Upstairs you will find 2 additional bedrooms plus a 1/2 bath.  The finished basement features laundry, a built in wet bar, a gas burning fireplace and another 1/2 bath. This house is being sold As-Is.

The manager has listed the unit size as 1428 square feet.
Unit Size
1,428Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$196
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1966

Price History

Date / Event Date Event Price
Mar 5, 2024 Sold to Amy I Hernandez, Gage W Haw... $265,000
Sold to Amy I Hernandez, Gage W Haw...
Mar 3, 2024 No longer available -
No longer available
Feb 13, 2024 In contract -
In contract
Feb 7, 2024 Listed $279,500
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 952
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,487
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,380
  • Gross Building Area: 2,380
  • Building Area: 1,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURNIDGES ADDN
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BURNIDGES ADDN TO SUNSET PARK LOT 10

Ownership

  • Current Owner : HAWKINSON GAGE W
  • Current Owner 2: HERNANDEZ AMY I
  • Previous Owner : DRAFALL MARGARET A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 854900

Geography

  • Parcel: 06-22-255-011
  • Lot: 10
  • Municipality: ELGIN
  • Latitude: 42.0236
  • Longitude: -88.3081

    Address

  • Full Address: 534 Melrose Ct
  • Address - House Number: 534
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Elgin
  • Carrier Code: C047
  • 4-Digit Zip Code: 7269
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,451
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 263,552
  • High Value: 286,854
  • Low Value: 240,251

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $267,050
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: Mar 05, 2024
  • First Open Lien Mortgage Loan Amount: $257,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054
  • Second Open Lien Mortgage Recording Date: Mar 05, 2024
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $221,663
  • Market Land Value: $44,868
  • Market Improvement Value: $176,795

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,858
  • Assessed Land Value: $14,950
  • Assessed Improvements Value: $58,908

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Transaction ID: 11921721746
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7183

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Mar 05, 2024
  • First Mortgage Loan Amount: $257,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054
  • Second Mortgage Transaction Date: Mar 05, 2024
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 10
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Apr 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,419 ft²
$197/ft²
$279,000 Jan 29, 2024
-
$385/mo
House
3 Beds
1.5 Baths
1,250 ft²
$222/ft²
$277,900 Feb 8, 2024
-
$422/mo
House
3 Beds
1.5 Baths
1,664 ft²
$141/ft²
$235,000 Jan 29, 2024
-
$329/mo
House
3 Beds
1.5 Baths
1,080 ft²
$208/ft²
$225,000 Feb 15, 2024
-
$183/mo
House
2 Beds
1 Bath
1,015 ft²
$251/ft²
$255,000 Feb 1, 2024
-
$157/mo

About Southwest Elgin


Similar Homes for Sale

Unit for sale at 240 South Weston Avenue, Elgin, IL 60123

$225,000

  • 3 Beds
  • 1.5 Baths
  • 1,080 ft²
240 South Weston Avenue, Elgin, IL 60123 Listing by Aimee Corbett
Unit for sale at 1169 Erie Street, Elgin, IL 60123

$277,900

  • 3 Beds
  • 1.5 Baths
  • 1,250 ft²
1169 Erie Street, Elgin, IL 60123 Listing by Adalberto Sanchez-Arias
Unit for sale at 183 South McLean Boulevard, Elgin, IL 60123

$279,000

  • 3 Beds
  • 1 Bath
  • 1,419 ft²
183 South McLean Boulevard, Elgin, IL 60123 Listing by Ashley Ratliff

Nearby Rentals



Frequently Asked Questions

When was property at 534 Melrose Court built and last sold?
The property at 534 Melrose Court was built in 1966 and last sold on Feb 28, 2024 for $265,000.
How much is this home worth?
The estimated value of the home located at 534 Melrose Court is $281,557.
What are some comparable homes to 534 Melrose Court?
Homes that are comparable to 534 Melrose Court include a house property at 183 South McLean Boulevard, 1169 Erie Street, 240 South Weston Avenue.

Quantcast