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833 Cedar Avenue

833 Cedar Avenue, Elgin, IL 60120
Sold May 28, 2020
$172,000
$166,840 by Quicken Loans Inc
Mortgage Due Jun 01, 2050
Sold Aug 22, 2000
$124,000
$122,853 by Fieldstone Mtg Company
Mortgage Due Sep 01, 2030
Local assessors in Elgin, IL have categorized 833 Cedar Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 6,600 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 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 5 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 833 Cedar Avenue has a total of 1,224 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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, 833 Cedar Avenue sold most recently in May 1, 2020 for a total of $172,000. If you work out the math, that's approximately a cost of $84.31 per sqft. Before that, the property was also sold for $124,000 in Aug 18, 2000. 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 $4,818 in taxes each year. 833 Cedar Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,560. If we break it down further, the land itself was valued at $13,010. Improvements to the property, however, were assessed at a total of $48,550. 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. 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. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Floor Count: 5
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 816
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND VIEW ADDN
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND VIEW ADDN SOUTH 17 FT LOT 10 & NORTH 1/2 LOT 11 BLOCK 7

Ownership

  • Current Owner : JENKINS EMILY
  • Current Owner 2: JONES EVAN
  • Previous Owner : REINKING BRYAN
  • Previous Owner 2: REINKING REBECCA
  • Owner Before Previous Owner: SCHUENEMAN TED
  • Owner Before Previous Owner 2: SCHUENEMAN GAYLE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-12-183-006
  • Block: 7
  • Lot: 10,11
  • Municipality: ELGIN
  • Latitude: 42.0523
  • Longitude: -88.2739

    Address

  • Full Address: 833 Cedar Ave
  • Address - House Number: 833
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C005
  • 4-Digit Zip Code: 3194
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,818
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 236,937
  • High Value: 277,189
  • Low Value: 196,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,840
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 28, 2020
  • First Open Lien Mortgage Loan Amount: $166,840
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $184,754
  • Market Land Value: $39,046
  • Market Improvement Value: $145,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,560
  • Assessed Land Value: $13,010
  • Assessed Improvements Value: $48,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Transaction ID: 11762126711
  • Current Sale Price: $172,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020K027364
  • Previous Sale Recording Date: Aug 22, 2000
  • Previous Sale Contract Date: Aug 18, 2000
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 28, 2020
  • First Mortgage Loan Amount: $166,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIELDSTONE MTG COMPANY
  • Previous Mortgage Transaction Date: Aug 22, 2000
  • Previous Mortgage Loan Amount: $122,853
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2030

About Northeast Elgin



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Frequently Asked Questions

What neighborhood is 833 Cedar Avenue located in?
The 833 Cedar Avenue is a house located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 833 Cedar Avenue?
The average sales price for units in 833 Cedar Avenue is $0 currently.

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