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567 Washburn Street

567 Washburn Street, Elgin, IL 60123
Property in Southwest Elgin
Sold Oct 12, 2017
$160,000
$147,000 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2052
Sold Jan 23, 2001
$113,500
$107,800 by Gn Mtg Co
Mortgage Due Feb 01, 2031
567 Washburn Street in Elgin, IL was first built in 1933 and is 91 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 567 Washburn Street has 1,167 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 740 ft and the linear feet between the front and back of the lot is 660. In total, the area measurement of the land is 4,897 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 29, 2017 for $160,000. That's $68.55 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2001 for $113,500. 567 Washburn Street was last assessed in 2022. The total value of the property was assessed at $55,262. Specifically, the land the property is located on was valued at $10,480. While improvements on the property were assessed at a total of $44,782. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,272. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,167
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,897
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,334
  • Gross Building Area: 2,334
  • Building Area: 1,167
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,167
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J C&W H KIMBALLS 3RD ADDN
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J C & W H KIMBALLS 3RD ADDN EAST 1/2 LOT 10 BLOCK 4

Ownership

  • Current Owner : PARRA MOISES ESPINOZA
  • Previous Owner : KOWALL KIMBERLY S
  • Previous Owner 2: KOWALL STEPHEN J
  • Owner Before Previous Owner: GOODE RAYMOND A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851600

Geography

  • Parcel: 06-23-209-002
  • Block: 4
  • Lot: 10
  • Municipality: ELGIN
  • Latitude: 42.027
  • Longitude: -88.2923

    Address

  • Full Address: 567 Washburn St
  • Address - House Number: 567
  • Address - Street Name: Washburn
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: C039
  • 4-Digit Zip Code: 7563
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,272
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 83
  • Final Value: 230,072
  • High Value: 262,029
  • Low Value: 198,114

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $194,100
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $147,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 14, 2023
  • Second Open Lien Mortgage Loan Amount: $47,100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 25, 2053

    Market Valuation

  • Market Total Value: $165,852
  • Market Land Value: $31,453
  • Market Improvement Value: $134,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,262
  • Assessed Land Value: $10,480
  • Assessed Improvements Value: $44,782

    Sales

  • Current Sale Contract Date: Sep 29, 2017
  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Transaction ID: 1397481021
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017K053654
  • Previous Sale Recording Date: Jan 23, 2001
  • Previous Sale Contract Date: Jan 11, 2001
  • Previous Sale Amount: $113,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 12, 2017
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GN MTG CO
  • Previous Mortgage Transaction Date: Jan 23, 2001
  • Previous Mortgage Loan Amount: $107,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2031

About Southwest Elgin



Similar Buildings

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Nearby Rentals

Unit for rent at 22 N Liberty Street, Elgin, IL, 60120

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
22 N Liberty Street #2, Elgin, IL, 60120 Listing by Matthew Lysien

Frequently Asked Questions

What neighborhood is 567 Washburn Street located in?
The 567 Washburn Street is a located in the neighborhood of Southwest Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 567 Washburn Street?
The average sales price for units in 567 Washburn Street is $0 currently.

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