NOT LISTED FOR SALE

228 S Melrose Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $300,000 - $327,209

3 Beds
2 Baths
1,500 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 228 S Melrose Ave, Elgin, IL 60123 and is currently estimated at $313,802, approximately $209 per square foot. 228 S Melrose Ave is a home located in Kane County with nearby schools including Harriet Gifford Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2017
Sold by
Lopez Pedro and Osmio Gisela
Bought by
Flores Victor A
Current Estimated Value
$313,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Outstanding Balance
$128,473
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$185,329

Purchase Details

Closed on
Jun 7, 2010
Sold by
Fannie Mae
Bought by
Lopez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 14, 2009
Sold by
Valentin Sonia N
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,983
Interest Rate
4.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2006
Sold by
Freemire David S and Freemire Diane M
Bought by
Valentin Sonia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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

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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
Flores Victor A $155,000 Fidelity National Title
Lopez Pedro $97,500 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Valentin Sonia N $226,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Victor A $152,192
Previous Owner Lopez Pedro $112,000
Previous Owner Federal National Mortgage Association $6,983
Previous Owner Valentin Sonia N $180,800
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 $6,477 $88,928 $21,342 $67,586
2023 $6,167 $80,340 $19,281 $61,059
2022 $5,832 $73,256 $17,581 $55,675
2021 $5,575 $68,489 $16,437 $52,052
2020 $5,416 $65,384 $15,692 $49,692
2019 $5,257 $62,283 $14,948 $47,335
2018 $5,208 $58,675 $14,082 $44,593
2017 $5,088 $55,469 $13,313 $42,156
2016 $4,848 $51,460 $12,351 $39,109
2015 -- $47,168 $11,321 $35,847
2014 -- $46,585 $11,181 $35,404
2013 -- $47,814 $11,476 $36,338
Source: Public Records

Map

Illinois Kane County Elgin 60123 Near West Elgin

228 S Melrose Ave, Elgin, IL

Not Listed for Sale

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