NOT LISTED FOR SALE

2042 Clearwater Way Elgin, IL 60123

Estimated Value: $370,000 - $403,000

2 Beds
2 Baths
1,623 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 2042 Clearwater Way, Elgin, IL 60123 and is currently estimated at $379,766, approximately $233 per square foot. 2042 Clearwater Way 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
Jul 27, 2017
Sold by
Fallooobn Bette M and Fallooobn Betty M
Bought by
Novak Ralph J and Novak Juli A
Current Estimated Value
$379,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2017
Sold by
Falloon Betty M
Bought by
Falloon Betty M

Purchase Details

Closed on
May 4, 2017
Sold by
Falloon John Neil and Falloon Betty M
Bought by
Falloon Betty M

Purchase Details

Closed on
Mar 9, 2012
Sold by
Wencek Philip J and Wencek Linda K
Bought by
Falloon John N and Falloon Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.24%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Philip J Wencek Builders Inc
Bought by
Wencek Philip J and Wencek Linda K

Purchase Details

Closed on
Sep 13, 2000
Sold by
Valley Creek Of Elgin Inc
Bought by
Philip J Wencek Builder Inc

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
Novak Ralph J $230,000 Fidelity National Title
Falloon Betty M -- Attorney
Falloon Betty M -- Chicago Title Insurance Co
Falloon John N $225,000 None Available
Wencek Philip J -- None Available
Philip J Wencek Builder Inc $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Ralph J $178,000
Closed Novak Ralph J $216,015
Previous Owner Falloon John N $330,000
Previous Owner Falloon John N $225,000
Previous Owner Wencek Philip J $165,000
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 $8,181 $103,973 $32,970 $71,003
2022 $7,700 $94,805 $30,063 $64,742
2021 $7,373 $88,636 $28,107 $60,529
2020 $7,170 $84,616 $26,832 $57,784
2019 $6,968 $80,602 $25,559 $55,043
2018 $6,914 $75,932 $24,078 $51,854
2017 $4,864 $71,783 $22,762 $49,021
2016 $5,043 $66,595 $21,117 $45,478
2015 -- $61,041 $19,356 $41,685
2014 -- $60,287 $19,117 $41,170
2013 -- $61,877 $19,621 $42,256
Source: Public Records

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