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601 Fulton Street

601 Fulton Street, South Elgin, IL 60177
Property in Elgin
Sold Jun 03, 2022
$230,000
$225,834 by Home Point Financial Corporati
Mortgage Due Jun 01, 2052
Sold Oct 18, 2002
$151,000
Buyer
Seller
$143,450 by Principal Residential Mtg Inc
Mortgage Due Nov 01, 2032
Local assessors in South Elgin, IL have categorized 601 Fulton Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 7,920 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 601 Fulton Street has a total of 936 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 601 Fulton Street sold most recently in May 20, 2022 for a total of $230,000. If you work out the math, that's approximately a cost of $122.86 per sqft. Before that, the property was also sold for $151,000 in Oct 11, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,364 in taxes each year. 601 Fulton Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,710. If we break it down further, the land itself was valued at $12,261. Improvements to the property, however, were assessed at a total of $49,449. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 936
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOX RIVER CRYSTAL SPRINGS
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOX RIVER CRYSTAL SPRINGS LOTS 1 & 2 BLOCK 5

Ownership

  • Current Owner : SANCHEZ KEVIN
  • Current Owner 2: PEREZ MARIA
  • Previous Owner : PETERSON THOMAS B
  • Previous Owner 2: PETERSON JONI
  • Owner Before Previous Owner: MRAZ ROBERT G
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851801

Geography

  • Parcel: 06-35-454-001
  • Block: 5
  • Lot: 1,2
  • Municipality: ELGIN
  • Latitude: 41.9887
  • Longitude: -88.2899

    Address

  • Full Address: 601 Fulton St
  • Address - House Number: 601
  • Address - Street Name: Fulton
  • Address - Suffix Type: St
  • State: IL
  • City Name: South Elgin
  • Carrier Code: R056
  • 4-Digit Zip Code: 2410
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,364
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 246,749
  • High Value: 286,514
  • Low Value: 206,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,834
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • First Open Lien Mortgage Loan Amount: $225,834
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $185,204
  • Market Land Value: $36,798
  • Market Improvement Value: $148,406

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,710
  • Assessed Land Value: $12,261
  • Assessed Improvements Value: $49,449

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11889543613
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29355
  • Previous Sale Recording Date: Oct 18, 2002
  • Previous Sale Contract Date: Oct 11, 2002
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PRINCIPAL RESIDENTIAL MTG INC
  • Previous Mortgage Transaction Date: Oct 18, 2002
  • Previous Mortgage Loan Amount: $143,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About South Elgin



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Frequently Asked Questions

What neighborhood is 601 Fulton Street located in?
The 601 Fulton Street is a located in the neighborhood of Elgin in South Elgin, South Elgin.
What is the average sales price for listings in 601 Fulton Street?
The average sales price for units in 601 Fulton Street is $0 currently.

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