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514 Morgan St, Elgin, IL, 60123

$189,000

Home List Price

$2,244*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,010 SqFt
$187/SqFt
House

Location

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514 Morgan St, Elgin$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1930
HeatingNatural Gas, Forced Air
BasementYes
MLS #12178212
StatusAccepting Backup Offers
(Contingent)

About 514 Morgan St

Great opportunity to own in Elgin. Main level bedroom with full bath, 2nd floor bedroom with 1/2 bath plus finished basement with full bath. Home needs TLC. Hardwood floors in family room, kitchen updated in 2015, 3 season room leads to backyard and 1 car garage. Cash offers with closing on or before Nov 14 preferred. Unlikely to pass FHA/VA.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1930
  • Living Area: 1,010 SqFt

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Stephen Roake

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 31 State ST. to West on Morgan

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $3,999
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elgin, IL.

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Elgin, IL

City

Med. Sold Price

$325K

Med. Price/SqFt

$187

Avg. Days On Market

17

# of Sold Homes

97

514 Morgan St vs Elgin

47 DAYS ON ROCKET

+30 Days

$189,000

-$136K Less

$187/SqFt

-$0 Less

KEY TAKEAWAY

This property is $136K less than the Median Sold Price and $0/SqFt less than other homes in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12178212

Listing Office:

  • Office Name: Keller Williams Infinity
  • Office Phone: (630) 778-5800
  • Listing Agent: Stephen Roake

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2015Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,999$49,843
2019$3,486$47,479
2018$3,395$41,269
2017$3,396$39,014

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1113423
3
/10

  • Lowrie Elementary School

  • 264 Oak St

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-1113424
4
/10

  • Washington Elementary School

  • 819 W Chicago St

  • 0.78 miles

  • Public District Grades KG-6

school-card-donut-1113425
4
/10

  • Harriet Gifford Elementary School

  • 240 S Clifton Ave

  • 1.04 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,284. Residents of Elgin, IL typically earn between $35k-100k each year. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Elgin, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Elgin, IL.

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

What is it like to live in Elgin, IL?

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Is it easy to get around Elgin, IL without a car?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

Transportation in Elgin, IL.

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

Frequently Asked Questions About 514 Morgan St

What is the listing price of this property?

The listing price of 514 Morgan St property is $189,000.

What type of property is this?

The property 514 Morgan St is a house located in Elgin, Illinois, 60123.

Is this property for sale now?

Accepting Backup Offers: 514 Morgan St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,999 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2015 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 Morgan St has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 514 Morgan St is 1,010 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Morgan St is 1930.

Rocket Homes›Illinois›Kane County›Elgin›60123›514 Morgan St

This home is located at 514 Morgan St in Elgin, IL and zip code 60123. This 1,010 square foot home was built in 1930. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $189,000.

Over 41 listings were sold over their listed price in October 2024 in Elgin, IL. In the same period over 35 listings were sold below the listed price and 21 listings were sold for the listed price. The inventory of homes for sale in Elgin, IL between September 2024 and October 2024 increased by 14%. In October 2024, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $325,000.

From Rocket Homes Real Estate and based on county public records data.

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