NOT LISTED FOR SALE

16 S Melrose Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $276,000 - $307,000

3 Beds
2 Baths
1,248 Sq Ft
$237/Sq Ft Est. Value

About This Home

This home is located at 16 S Melrose Ave, Elgin, IL 60123 and is currently estimated at $295,382, approximately $236 per square foot. 16 S Melrose Ave is a home located in Kane County with nearby schools including Harriet Gifford Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2006
Sold by
Corbin Larry P
Bought by
Carrasco Angela
Current Estimated Value
$295,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$129,634
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$165,748

Purchase Details

Closed on
Jan 27, 2004
Sold by
First American Bank
Bought by
Corbin Larry and The Larry Corbin Trust

Purchase Details

Closed on
Sep 30, 1997
Sold by
Corbin Larry P
Bought by
First American Bank and Trust #1-97-145
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

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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
Carrasco Angela $230,000 Chicago Title Insurance Comp
Corbin Larry -- --
First American Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrasco Angela $230,000
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 $5,788 $80,320 $14,313 $66,007
2023 $5,504 $72,563 $12,931 $59,632
2022 $5,217 $66,165 $11,791 $54,374
2021 $4,984 $61,860 $11,024 $50,836
2020 $4,839 $59,055 $10,524 $48,531
2019 $4,694 $56,254 $10,025 $46,229
2018 $4,646 $52,995 $9,444 $43,551
2017 $4,536 $50,099 $8,928 $41,171
2016 $4,317 $46,479 $8,283 $38,196
2015 -- $42,602 $7,592 $35,010
2014 -- $42,076 $7,498 $34,578
2013 -- $43,186 $7,696 $35,490
Source: Public Records

Map

Illinois Kane County Elgin 60123 Near West Elgin

16 S Melrose Ave, Elgin, IL

Not Listed for Sale

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