1411 Timber Ln South Elgin, IL 60177
Estimated Value: $286,000 - $326,000
3
Beds
2
Baths
1,350
Sq Ft
$224/Sq Ft
Est. Value
About This Home
This home is located at 1411 Timber Ln, South Elgin, IL 60177 and is currently estimated at $301,844, approximately $223 per square foot. 1411 Timber Ln is a home located in Kane County with nearby schools including Fox Meadow Elementary School, Kenyon Woods Middle School, and South Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2003
Sold by
Rammon Edward H and Rammon Bonita J
Bought by
Jeong Jin Kyung
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
$147,200
Outstanding Balance
$70,009
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,835
Purchase Details
Closed on
Mar 14, 1997
Sold by
Quinones Gerardo and Quinones Diana
Bought by
Rammon Edward H and Rammon Bonita J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
7.65%
Purchase Details
Closed on
Sep 16, 1994
Sold by
Kingsport Development Inc
Bought by
Quinones Gerardo and Quinones Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,959
Interest Rate
8.64%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Jeong Jin Kyung | $184,000 | Atg | |
| Rammon Edward H | $137,000 | Law Title | |
| Quinones Gerardo | $132,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jeong Jin Kyung | $147,200 | |
| Previous Owner | Rammon Edward H | $74,500 | |
| Previous Owner | Quinones Gerardo | $129,959 |
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 | $5,862 | $82,288 | $17,524 | $64,764 |
| 2023 | $5,566 | $74,341 | $15,832 | $58,509 |
| 2022 | $5,317 | $67,786 | $14,436 | $53,350 |
| 2021 | $4,997 | $63,375 | $13,497 | $49,878 |
| 2020 | $4,839 | $60,501 | $12,885 | $47,616 |
| 2019 | $4,653 | $57,631 | $12,274 | $45,357 |
| 2018 | $4,552 | $54,292 | $11,563 | $42,729 |
| 2017 | $4,316 | $51,325 | $10,931 | $40,394 |
| 2016 | $4,097 | $47,616 | $10,141 | $37,475 |
| 2015 | -- | $43,644 | $9,295 | $34,349 |
| 2014 | -- | $43,105 | $9,180 | $33,925 |
| 2013 | -- | $44,242 | $9,422 | $34,820 |
Source: Public Records
Map
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