278 S Melrose Ave Elgin, IL 60123
Southwest Elgin NeighborhoodEstimated Value: $226,000 - $254,000
2
Beds
1
Bath
834
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 278 S Melrose Ave, Elgin, IL 60123 and is currently estimated at $240,398, approximately $288 per square foot. 278 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
Feb 18, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Day Thomas
Current Estimated Value
Purchase Details
Closed on
Oct 19, 2009
Sold by
Gomez Teodoro
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Jul 26, 2006
Sold by
Lara Alberto Antonio and Lara Patricia
Bought by
Gomez Teodoro and Fausto Lilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,520
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2003
Sold by
Lara Alberto Antonio and Lara Daniel
Bought by
Lara Alberto Antonio and Lara Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 1999
Sold by
Lara Jose and Lara Teresa
Bought by
Lara Alberto Antonio and Lara Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,229
Interest Rate
7.87%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 8, 1994
Sold by
Lara Jose and Lara Teresa
Bought by
Lara Jose and Lara Teresa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Day Thomas | $58,000 | Ticor Title | |
| Hsbc Bank Usa National Association | -- | None Available | |
| Gomez Teodoro | $169,500 | First American Title Ins Co | |
| Lara Alberto Antonio | -- | Multiple | |
| Lara Alberto Antonio | $93,000 | Chicago Title Insurance Co | |
| Lara Jose | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gomez Teodoro | $135,520 | |
| Previous Owner | Lara Alberto Antonio | $113,600 | |
| Previous Owner | Lara Alberto Antonio | $92,229 |
Source: Public Records
Tax History Compared to Growth
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 | $4,229 | $60,845 | $14,539 | $46,306 |
| 2023 | $4,004 | $54,969 | $13,135 | $41,834 |
| 2022 | $3,826 | $50,122 | $11,977 | $38,145 |
| 2021 | $3,646 | $46,861 | $11,198 | $35,663 |
| 2020 | $3,533 | $44,736 | $10,690 | $34,046 |
| 2019 | $3,420 | $42,614 | $10,183 | $32,431 |
| 2018 | $3,177 | $38,132 | $9,593 | $28,539 |
| 2017 | $3,091 | $36,049 | $9,069 | $26,980 |
| 2016 | $2,927 | $33,444 | $8,414 | $25,030 |
| 2015 | -- | $30,654 | $7,712 | $22,942 |
| 2014 | -- | $30,276 | $7,617 | $22,659 |
| 2013 | -- | $31,075 | $7,818 | $23,257 |
Source: Public Records
Map
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