NOT LISTED FOR SALE

Estimated Value: $417,000 - $450,000

3 Beds
3 Baths
2,214 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 1970 Salem Rd, Elgin, IL 60123 and is currently estimated at $429,918, approximately $194 per square foot. 1970 Salem Rd is a home located in Kane County with nearby schools including Hillcrest Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2007
Sold by
Johnson James J and Johnson Susan
Bought by
Harris Na and Trust #B13001
Current Estimated Value
$429,918

Purchase Details

Closed on
Aug 20, 2003
Sold by
Union National Bank
Bought by
Johnson James J and Johnson Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

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
Harris Na -- None Available
Johnson James J $320,000 Nlt Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Co $171,600
Previous Owner Johnson James J $241,131
Previous Owner Johnson James J $85,000
Previous Owner Union National Bank $185,500
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
2023 $8,909 $112,506 $26,608 $85,898
2022 $8,375 $102,586 $24,262 $78,324
2021 $8,022 $95,910 $22,683 $73,227
2020 $7,803 $91,560 $21,654 $69,906
2019 $7,585 $87,217 $20,627 $66,590
2018 $7,530 $82,164 $19,432 $62,732
2017 $8,782 $91,381 $21,612 $69,769
2016 $8,402 $84,777 $20,050 $64,727
2015 -- $77,706 $18,378 $59,328
2014 -- $68,087 $18,151 $49,936
2013 -- $69,883 $18,630 $51,253
Source: Public Records

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