NOT LISTED FOR SALE

1616 Mark Ave Elgin, IL 60123

Eagle Heights Neighborhood

Estimated Value: $1,880,885

Studio
9 Baths
5,238 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 1616 Mark Ave, Elgin, IL 60123 and is currently estimated at $1,880,885, approximately $359 per square foot. 1616 Mark Ave is a home located in Kane County with nearby schools including Creekside Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2019
Sold by
Agarwal Piyush and Agarwal Sapna
Bought by
Kaps2 Properties Llc
Current Estimated Value
$1,880,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2019
Sold by
Jmba Investments Llc
Bought by
Agrawal Piyush and Agrawal Sapna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2014
Sold by
Chicago Title Land Trust Co
Bought by
Jmba Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2001
Sold by
Thies Gussie A
Bought by
Cardunal Svgs Bank Fsb and Trust #98-123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,967
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

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ICE

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First American

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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
Kaps2 Properties Llc -- None Available
Agrawal Piyush $1,200,000 Attorney
Jmba Investments Llc $1,000,500 Chicago Title Land Trust Co
Cardunal Svgs Bank Fsb $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agrawal Piyush $960,000
Previous Owner Jmba Investments Llc $824,000
Previous Owner Cardunal Svgs Bank Fsb $1,228,967
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 $36,993 $462,245 $53,405 $408,840
2023 $35,599 $417,603 $48,247 $369,356
2022 $33,018 $380,782 $43,993 $336,789
2021 $28,744 $356,004 $41,130 $314,874
2020 $30,997 $339,861 $39,265 $300,596
2019 $30,236 $323,738 $37,402 $286,336
2018 $25,708 $260,024 $35,235 $224,789
2017 $26,897 $261,506 $35,436 $226,070
2016 $28,360 $265,910 $32,875 $233,035
2015 -- $243,731 $30,133 $213,598
2014 -- $240,722 $29,761 $210,961
2013 -- $247,072 $30,546 $216,526
Source: Public Records

Map

Illinois Kane County Elgin 60123 Eagle Heights

1616 Mark Ave, Elgin, IL

Not Listed for Sale

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