NOT LISTED FOR SALE

Estimated Value: $274,397 - $304,000

3 Beds
2 Baths
1,273 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1331 Inverness Dr, Elgin, IL 60120 and is currently estimated at $282,599, approximately $221 per square foot. 1331 Inverness Dr is a home located in Cook County with nearby schools including Hilltop Elementary School, Ellis Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2020
Sold by
Flernandez Gerardo and Hernandez Elizabeth
Bought by
Medrano Daniel
Current Estimated Value
$282,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Stein Muriel J
Bought by
Hernandez Gerardo and Hernandez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
Stein Muriel J
Bought by
Stein Muriel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
6.26%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 16, 1996
Sold by
Robinson Frank C and Robinson Carol A
Bought by
Stein Roy F and Stein Muriel J

Purchase Details

Closed on
Aug 22, 1994
Sold by
Rago Daniel H and Rago Lisa M
Bought by
Robinson Frank C and Robinson Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,773
Interest Rate
8.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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
Medrano Daniel $185,000 Affinity Title Svcs Llc
Hernandez Gerardo $145,000 Attorneys Title Guaranty Fun
Stein Muriel J -- First American Title Ins
Stein Roy F $110,500 Attorneys Natl Title Network
Robinson Frank C $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medrano Daniel $175,750
Previous Owner Hernandez Gerardo $142,373
Previous Owner Stein Muriel J $286,500
Previous Owner Stein Roy F $175,500
Previous Owner Robinson Frank C $98,773
Source: Public Records

Tax History Compared to Growth

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 $5,325 $18,500 $3,000 $15,500
2023 $5,175 $18,500 $3,000 $15,500
2022 $5,175 $18,500 $3,000 $15,500
2021 $4,470 $12,973 $2,723 $10,250
2020 $3,380 $12,973 $2,723 $10,250
2019 $3,417 $14,577 $2,723 $11,854
2018 $3,796 $14,608 $2,334 $12,274
2017 $3,804 $14,608 $2,334 $12,274
2016 $3,859 $14,608 $2,334 $12,274
2015 $3,501 $12,587 $2,074 $10,513
2014 $3,409 $12,587 $2,074 $10,513
2013 $3,277 $12,587 $2,074 $10,513
Source: Public Records

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