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82 South Edison Avenue

82 South Edison Avenue, Elgin, IL 60123
Property in Southwest Elgin
Sold Feb 18, 2015
$87,000
$76,000 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Nov 27, 2012
$61,000
82 South Edison Avenue has been categorized by the local assessors in Elgin, IL as a residential type of property. The building on the property was first built in 1903 and is 121 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 82 South Edison Avenue has 1,495 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 480 ft. The area measurement of the land has been determined as 6,336 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Feb 9, 2015 for $87,000. That's $41.77 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 2012 for $61,000. 82 South Edison Avenue was last assessed in 2022. The total value of the property was assessed at $56,082. Specifically, the land the property is located on was valued at $11,791. While improvements on the property were assessed at a total of $44,291. 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 $4,343. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 588
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,336
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 480
  • Total Building Area: 2,083
  • Gross Building Area: 2,083
  • Building Area: 1,495
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,495
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHINGTON HEIGHTS ADDN
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WASHINGTON HEIGHTS ADDN LOT 8 BLOCK 23

Ownership

  • Current Owner : SCHWOLOW JAMES
  • Previous Owner : FINLEY THOMAS
  • Previous Owner 2: FINLEY SUSAN
  • Owner Before Previous Owner: AHRENS DENNIS G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851101

Geography

  • Parcel: 06-15-477-017
  • Block: 23
  • Lot: 8
  • Municipality: ELGIN
  • Latitude: 42.0322
  • Longitude: -88.3049

    Address

  • Full Address: 82 S Edison Ave
  • Address - House Number: 82
  • Street Direction: S
  • Address - Street Name: Edison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C083
  • 4-Digit Zip Code: 6167
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,343
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 239,733
  • High Value: 280,216
  • Low Value: 199,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $76,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $168,313
  • Market Land Value: $35,387
  • Market Improvement Value: $132,926

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,082
  • Assessed Land Value: $11,791
  • Assessed Improvements Value: $44,291

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2015
  • Current Sale Recording Date: Feb 18, 2015
  • Current Sale Transaction ID: 1135954753
  • Current Sale Price: $87,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015K007950
  • Previous Sale Recording Date: Nov 27, 2012
  • Previous Sale Contract Date: Nov 14, 2012
  • Previous Sale Amount: $61,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Feb 18, 2015
  • First Mortgage Loan Amount: $82,417
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Elgin



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Frequently Asked Questions

What neighborhood is 82 South Edison Avenue located in?
The 82 South Edison Avenue is a located in the neighborhood of Southwest Elgin in Southwest Elgin, Elgin.
What is the average sales price for listings in 82 South Edison Avenue?
The average sales price for units in 82 South Edison Avenue is $0 currently.

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