NOT LISTED FOR SALE

281 S Melrose Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $252,000 - $273,966

3 Beds
1 Bath
1,018 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 281 S Melrose Ave, Elgin, IL 60123 and is currently estimated at $263,992, approximately $259 per square foot. 281 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
Jun 25, 2004
Sold by
Levee David
Bought by
Braun Danelle
Current Estimated Value
$263,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Outstanding Balance
$63,808
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$200,184

Purchase Details

Closed on
Jul 29, 1994
Sold by
Leroy Jean M
Bought by
Levee David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Braun Danelle $156,000 Chicago Title Insurance Comp
Levee David $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Danelle $126,320
Previous Owner Levee David $98,800
Closed Braun Danelle $31,580
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 $5,230 $73,354 $17,392 $55,962
2023 $4,967 $66,269 $15,712 $50,557
2022 $4,719 $60,426 $14,327 $46,099
2021 $4,505 $56,494 $13,395 $43,099
2020 $4,372 $53,933 $12,788 $41,145
2019 $4,238 $51,374 $12,181 $39,193
2018 $3,939 $45,841 $11,475 $34,366
2017 $3,840 $43,336 $10,848 $32,488
2016 $3,648 $40,204 $10,064 $30,140
2015 -- $36,851 $9,225 $27,626
2014 -- $36,396 $9,111 $27,285
2013 -- $37,356 $9,351 $28,005
Source: Public Records

Map

Illinois Kane County Elgin 60123 Southwest Elgin

281 S Melrose Ave, Elgin, IL

Not Listed for Sale

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