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622 Dundee Avenue

622 Dundee Avenue, Elgin, IL 60120
Property in Northeast Elgin
Sold Dec 06, 2017
$178,500
$195,000 by Newrez Llc
Mortgage Due Dec 01, 2052
622 Dundee 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 1918 and is 106 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, 622 Dundee Avenue has 1,792 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 940 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 6,204 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 are a total of 2 available parking spaces. The exterior walls of the building are made of brick. 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, 622 Dundee Avenue sold most recently in Nov 3, 2017 for a total of $178,500. If you work out the math, that's approximately a cost of $66.41 per sqft. 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 $5,564 in taxes each year. 622 Dundee Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $70,169. If we break it down further, the land itself was valued at $11,442. Improvements to the property, however, were assessed at a total of $58,727. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 896
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,204
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,688
  • Gross Building Area: 2,688
  • Building Area: 1,792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPECT ADDN
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROSPECT ADDN NORTH 66 FT LOT 9 BLOCK 1

Ownership

  • Current Owner : OSTAPCZUK OLEG
  • Previous Owner : NAVARRO FERNANDO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851302

Geography

  • Parcel: 06-12-333-006
  • Block: 1
  • Lot: 9
  • Municipality: ELGIN
  • Latitude: 42.0489
  • Longitude: -88.2742

    Address

  • Full Address: 622 Dundee Ave
  • Address - House Number: 622
  • Address - Street Name: Dundee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C006
  • 4-Digit Zip Code: 3821
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,564
  • Tax Rate Code Area: EL904

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 274,824
  • High Value: 312,998
  • Low Value: 236,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Loan Amount: $195,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $210,591
  • Market Land Value: $34,340
  • Market Improvement Value: $176,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,169
  • Assessed Land Value: $11,442
  • Assessed Improvements Value: $58,727

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2017
  • Current Sale Recording Date: Dec 06, 2017
  • Current Sale Transaction ID: 11328807615
  • Current Sale Price: $178,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017K063560

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 06, 2017
  • First Mortgage Loan Amount: $150,997
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2047

About Northeast Elgin



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Frequently Asked Questions

What neighborhood is 622 Dundee Avenue located in?
The 622 Dundee Avenue is a located in the neighborhood of Northeast Elgin in Northeast Elgin, Elgin.
What is the average sales price for listings in 622 Dundee Avenue?
The average sales price for units in 622 Dundee Avenue is $0 currently.

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