1016 Reserve Dr Elgin, IL 60124
Providence NeighborhoodEstimated Value: $277,108 - $296,000
2
Beds
2
Baths
1,500
Sq Ft
$191/Sq Ft
Est. Value
About This Home
This home is located at 1016 Reserve Dr, Elgin, IL 60124 and is currently estimated at $286,527, approximately $191 per square foot. 1016 Reserve Dr is a home located in Kane County with nearby schools including Otter Creek Elementary School, Abbott Middle School, and South Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2021
Sold by
Nolan Jennifer S and Molner Eric
Bought by
Albright Mary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,594
Outstanding Balance
$167,288
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$119,239
Purchase Details
Closed on
Aug 24, 2004
Sold by
Pulte Homes
Bought by
Nolan Jennifer S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,080
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Albright Mary | $188,000 | Gmt Title Agency | |
| Nolan Jennifer S | $202,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Albright Mary | $184,594 | |
| Previous Owner | Nolan Jennifer S | $192,080 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,203 | $73,015 | $19,287 | $53,728 |
| 2023 | $4,941 | $65,963 | $17,424 | $48,539 |
| 2022 | $4,695 | $60,147 | $15,888 | $44,259 |
| 2021 | $5,017 | $56,233 | $14,854 | $41,379 |
| 2020 | $4,896 | $53,683 | $14,180 | $39,503 |
| 2019 | $4,776 | $51,136 | $13,507 | $37,629 |
| 2018 | $5,354 | $54,158 | $12,724 | $41,434 |
| 2017 | $5,266 | $51,199 | $12,029 | $39,170 |
| 2016 | $4,426 | $47,499 | $11,160 | $36,339 |
| 2015 | -- | $43,537 | $10,229 | $33,308 |
| 2014 | -- | $43,000 | $10,103 | $32,897 |
| 2013 | -- | $44,134 | $10,369 | $33,765 |
Source: Public Records
Map
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