NOT LISTED FOR SALE

263 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $313,865 - $349,000

3 Beds
2 Baths
1,633 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 263 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $331,216, approximately $202 per square foot. 263 N Commonwealth Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2005
Sold by
Mckay Michael D and Mckay Kelly R
Bought by
Novelli Michael and Lenovelli Miche
Current Estimated Value
$331,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Outstanding Balance
$112,543
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Waters Donald Eugene and Waters Kathryn Elaine
Bought by
Mckay Michael D and Mckay Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8%
Mortgage Type
Credit Line Revolving

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

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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
Novelli Michael $261,000 Ticor Title Insurance Co
Mckay Michael D $185,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novelli Michael $208,800
Closed Novelli Michael $39,150
Previous Owner Mckay Michael D $100,000
Previous Owner Mckay Michael D $85,000
Previous Owner Mckay Michael $63,000
Previous Owner Mckay Michael D $85,000
Previous Owner Waters Donald Eugene $150,000
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 $6,670 $86,243 $18,260 $67,983
2022 $6,299 $78,639 $16,650 $61,989
2021 $6,024 $73,522 $15,567 $57,955
2020 $5,854 $70,188 $14,861 $55,327
2019 $5,684 $66,858 $14,156 $52,702
2018 $5,634 $62,985 $13,336 $49,649
2017 $5,507 $59,543 $12,607 $46,936
2016 $5,252 $55,240 $11,696 $43,544
2015 -- $50,632 $10,720 $39,912
2014 -- $50,007 $10,588 $39,419
2013 -- $51,326 $10,867 $40,459
Source: Public Records

Map

Illinois Kane County Elgin 60123 Grant Park

263 N Commonwealth Ave, Elgin, IL

Homes for Sale in Elgin, IL

This home is located at 263 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $331,216, approximately $202 per square foot. 263 N Commonwealth Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

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