NOT LISTED FOR SALE

278 Villa Place Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $336,666 - $412,000

3 Beds
2 Baths
2,740 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 278 Villa Place, Elgin, IL 60120 and is currently estimated at $367,667, approximately $134 per square foot. 278 Villa Place is a home located in Kane County with nearby schools including Garfield Elementary School, Ellis Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Kp Ventures Llc
Bought by
Tongs Brothers Inc
Current Estimated Value
$367,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Tongs Brothers Inc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tongs Brothers Inc $620,000
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
2024 $7,423 $92,749 $11,666 $81,083
2023 $7,143 $83,791 $10,539 $73,252
2022 $6,625 $76,403 $9,610 $66,793
2021 $6,373 $71,432 $8,985 $62,447
2020 $6,219 $68,193 $8,578 $59,615
2019 $6,067 $64,958 $8,171 $56,787
2018 $5,040 $50,982 $7,698 $43,284
2017 $4,957 $48,196 $7,277 $40,919
2016 $4,769 $44,713 $6,751 $37,962
2015 -- $24,459 $6,188 $18,271
2014 -- $24,152 $6,112 $18,040
2013 -- $24,789 $6,273 $18,516
Source: Public Records

Map

Illinois Kane County Elgin 60120 Downtown Elgin

278 Villa Place, Elgin, IL

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