NOT LISTED FOR SALE

1640 Mulberry Ln Elgin, IL 60123

Estimated Value: $431,000 - $556,000

-- Bed
-- Bath
3,348 Sq Ft
$146/Sq Ft Est. Value

About This Home

This home is located at 1640 Mulberry Ln, Elgin, IL 60123 and is currently estimated at $487,892, approximately $145 per square foot. 1640 Mulberry Ln is a home located in Kane County with nearby schools including Hillcrest Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
Guo Sheng Qin and Li Xia
Bought by
Sheng Qin Guo Trust and Li Xia Shao Trust
Current Estimated Value
$487,892

Purchase Details

Closed on
Aug 12, 2010
Sold by
Guo Sheng Qin
Bought by
Guo Sheng Qin and Shao Lixia

Purchase Details

Closed on
Jul 10, 2006
Sold by
Shao Lixia
Bought by
Guo Sheng Qin

Purchase Details

Closed on
Sep 24, 2004
Sold by
Schmidt Allen E
Bought by
Guo Sheng Qin and Shao Li Xia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 25, 2002
Sold by
Obrien Mike
Bought by
Schmidt Al and Obrien Ruby S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.82%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Naaf Walter E and Naaf Robert F
Bought by
Schmidt Al and Obrien Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.37%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Sheng Qin Guo Trust -- --
Guo Sheng Qin -- None Available
Guo Sheng Qin -- None Available
Guo Sheng Qin $320,000 --
Schmidt Al -- Chicago Title Insurance Co
Schmidt Al -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guo Sheng Qin $480,000
Previous Owner Schmidt Al $204,000
Previous Owner Schmidt Al $191,250
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 $12,906 $161,271 $29,668 $131,603
2023 $12,420 $145,696 $26,803 $118,893
2022 $11,520 $132,850 $24,440 $108,410
2021 $11,081 $124,206 $22,850 $101,356
2020 $10,814 $118,574 $21,814 $96,760
2019 $10,549 $112,949 $20,779 $92,170
2018 $10,520 $106,405 $19,575 $86,830
2017 $10,588 $107,010 $19,686 $87,324
2016 $11,548 $108,277 $18,263 $90,014
2015 -- $99,246 $16,740 $82,506
2014 -- $98,020 $16,533 $81,487
2013 -- $100,605 $16,969 $83,636
Source: Public Records

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