1506 Arbor Ln Elgin, IL 60123
College Green NeighborhoodEstimated Value: $288,790 - $319,000
2
Beds
2
Baths
1,449
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 1506 Arbor Ln, Elgin, IL 60123 and is currently estimated at $301,698, approximately $208 per square foot. 1506 Arbor Ln 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
Mar 29, 2000
Sold by
Simpson Janice L
Bought by
Vecchio Amya and Vecchio Matthew A
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
$94,000
Outstanding Balance
$31,323
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,375
Purchase Details
Closed on
Nov 10, 1997
Sold by
Oshaughnessy Michael P and Oshaughnessy Karen E
Bought by
Simpson Janice L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
7.38%
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 |
|---|---|---|---|
| Vecchio Amya | $132,000 | -- | |
| Simpson Janice L | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vecchio Amya | $94,000 | |
| Previous Owner | Simpson Janice L | $113,400 |
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 | $5,197 | $72,945 | $13,077 | $59,868 |
| 2023 | $4,936 | $65,900 | $11,814 | $54,086 |
| 2022 | $4,690 | $60,089 | $10,772 | $49,317 |
| 2021 | $4,477 | $56,179 | $10,071 | $46,108 |
| 2020 | $4,344 | $53,631 | $9,614 | $44,017 |
| 2019 | $4,211 | $51,087 | $9,158 | $41,929 |
| 2018 | $4,813 | $54,684 | $8,627 | $46,057 |
| 2017 | $4,700 | $51,696 | $8,156 | $43,540 |
| 2016 | $4,475 | $47,960 | $7,567 | $40,393 |
| 2015 | -- | $43,960 | $6,936 | $37,024 |
| 2014 | -- | $38,216 | $6,850 | $31,366 |
| 2013 | -- | $39,224 | $7,031 | $32,193 |
Source: Public Records
Map
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