NOT LISTED FOR SALE

2040 Savannah Rd Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $349,000 - $359,000

4 Beds
2 Baths
1,600 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 2040 Savannah Rd, Elgin, IL 60123 and is currently estimated at $352,301, 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
$352,301

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
$267,263

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
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
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 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 $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

Illinois Kane County Elgin 60123 Far West Elgin

2040 Savannah Rd, Elgin, IL

Not Listed for Sale

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