263 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $329,000 - $364,000
3
Beds
2
Baths
1,633
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 263 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $347,584, approximately $212 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
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
$104,483
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,101
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
$85,000
Interest Rate
7.13%
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Mckay Michael D | $85,000 |
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 | $6,999 | $95,462 | $20,212 | $75,250 |
| 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
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