NOT LISTED FOR SALE

2648 Venetian Ln Elgin, IL 60124

Estimated Value: $412,657 - $446,000

2 Beds
2 Baths
1,908 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 2648 Venetian Ln, Elgin, IL 60124 and is currently estimated at $424,914, approximately $222 per square foot. 2648 Venetian Ln is a home located in Kane County with nearby schools including Otter Creek Elementary School, Abbott Middle School, and South Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2010
Sold by
Schwedel Carol Ann
Bought by
Engel Kirk E
Current Estimated Value
$424,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2009
Sold by
Mercado Emmanuel C and Mercado Julieta M
Bought by
Schwedel Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Pulte Home Corp
Bought by
Mercado Emmanuel C and Mercado Julieta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,672
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Source: Public Records

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
Engel Kirk E $247,000 Chicago Title Insurance Co
Schwedel Carol Ann $258,000 Fox Title Company
Mercado Emmanuel C $271,500 Pulte Midwest Title South
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engel Kirk E $165,000
Closed Engel Kirk E $197,000
Previous Owner Schwedel Carol Ann $60,000
Previous Owner Mercado Emmanuel C $40,672
Previous Owner Mercado Emmanuel C $216,920
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 $8,766 $110,837 $30,431 $80,406
2022 $8,243 $101,064 $27,748 $73,316
2021 $7,895 $94,487 $25,942 $68,545
2020 $7,680 $90,203 $24,766 $65,437
2019 $7,465 $85,924 $23,591 $62,333
2018 $8,425 $91,218 $22,224 $68,994
2017 $8,252 $86,234 $21,010 $65,224
2016 $7,892 $80,002 $19,492 $60,510
2015 -- $73,329 $17,866 $55,463
2014 -- $72,423 $17,645 $54,778
2013 -- $61,960 $18,110 $43,850
Source: Public Records

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