NOT LISTED FOR SALE

1040 Reserve Dr Elgin, IL 60124

Providence Neighborhood

Estimated Value: $299,441 - $322,000

2 Beds
3 Baths
1,626 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 1040 Reserve Dr, Elgin, IL 60124 and is currently estimated at $310,860, approximately $191 per square foot. 1040 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
Sep 7, 2004
Sold by
Pulte Homes
Bought by
Gumm William H
Current Estimated Value
$310,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,732
Outstanding Balance
$90,832
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,028
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gumm William H $228,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumm William H $182,732
Closed Gumm William H $11,370
Source: Public Records

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 $5,724 $79,528 $19,287 $60,241
2023 $5,443 $71,847 $17,424 $54,423
2022 $5,160 $65,512 $15,888 $49,624
2021 $4,929 $61,249 $14,854 $46,395
2020 $4,786 $58,471 $14,180 $44,291
2019 $4,642 $55,697 $13,507 $42,190
2018 $4,909 $55,650 $12,724 $42,926
2017 $4,794 $52,609 $12,029 $40,580
2016 $4,565 $48,807 $11,160 $37,647
2015 -- $44,736 $10,229 $34,507
2014 -- $44,184 $10,103 $34,081
2013 -- $45,349 $10,369 $34,980
Source: Public Records

Map

Illinois Kane County Elgin 60123 Providence

1040 Reserve Dr, Elgin, IL

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