2040 Savannah Rd Elgin, IL 60123
Far West Elgin NeighborhoodEstimated Value: $347,000 - $362,000
4
Beds
2
Baths
1,600
Sq Ft
$221/Sq Ft
Est. Value
About This Home
This home is located at 2040 Savannah Rd, Elgin, IL 60123 and is currently estimated at $353,090, approximately $220 per square foot. 2040 Savannah Rd 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
Oct 24, 2012
Sold by
Vongphakdy Savieng and Vongphakdy Kingkeo
Bought by
Lara Mayolo and Lara Maclara
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
$124,338
Outstanding Balance
$85,038
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$268,052
Purchase Details
Closed on
Dec 15, 2005
Sold by
Luangsouphom Benson and Luangsouphom Shirley
Bought by
Vongphakdy Savieng and Vongphakdy Kingkeo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 6, 2000
Sold by
Luangsouphom Benson and Luangsouphom Shirley
Bought by
Luangsouphom Benson and Luangsouphom Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,526
Interest Rate
7.23%
Purchase Details
Closed on
Oct 24, 1996
Sold by
Henning Gregory A and Henning Marcene
Bought by
Luangsouphom Benson and Luangsouphom Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,526
Interest Rate
8.23%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lara Mayolo | $130,000 | Heritage Title Company | |
| Vongphakdy Savieng | $243,000 | Chicago Title Insurance Comp | |
| Luangsouphom Benson | -- | Stewart Title Company | |
| Luangsouphom Benson | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lara Mayolo | $124,338 | |
| Previous Owner | Vongphakdy Savieng | $230,850 | |
| Previous Owner | Luangsouphom Benson | $186,526 | |
| Previous Owner | Luangsouphom Benson | $137,526 |
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 | $6,524 | $97,515 | $31,863 | $65,652 |
| 2023 | $6,828 | $88,098 | $28,786 | $59,312 |
| 2022 | $6,445 | $80,330 | $26,248 | $54,082 |
| 2021 | $6,165 | $75,103 | $24,540 | $50,563 |
| 2020 | $5,992 | $71,697 | $23,427 | $48,270 |
| 2019 | $5,818 | $68,296 | $22,316 | $45,980 |
| 2018 | $5,768 | $64,339 | $21,023 | $43,316 |
| 2017 | $5,639 | $60,823 | $19,874 | $40,949 |
| 2016 | $5,378 | $56,428 | $18,438 | $37,990 |
| 2015 | -- | $51,721 | $16,900 | $34,821 |
| 2014 | -- | $51,082 | $16,691 | $34,391 |
| 2013 | -- | $52,429 | $17,131 | $35,298 |
Source: Public Records
Map
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