2877 Weld Rd Elgin, IL 60124
Far West Elgin NeighborhoodEstimated Value: $409,000 - $456,000
3
Beds
4
Baths
1,726
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 2877 Weld Rd, Elgin, IL 60124 and is currently estimated at $424,757, approximately $246 per square foot. 2877 Weld Rd is a home located in Kane County with nearby schools including Country Trails Elementary School, Prairie Knolls Middle School, and Central Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2007
Sold by
Vasquez Jose M and Saravia Maria
Bought by
Flolo David E and Flolo Cheryl A
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
$224,000
Outstanding Balance
$142,322
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,435
Purchase Details
Closed on
Jul 21, 2006
Sold by
Vasquez Jose M and Vasquez Maria
Bought by
Vasquez Jose Mauricio and Vasquez Maria Saravia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2004
Sold by
Heuschmidt Karen and Heuschmidt Timothy J
Bought by
Vasquez Jose M and Saravia Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 1996
Sold by
Randall Ridge Iv Ltd Partnership
Bought by
Franz Karen and Heuschmidt Timothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.33%
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 |
|---|---|---|---|
| Flolo David E | $280,000 | Ticor Title Insurance Co | |
| Vasquez Jose Mauricio | -- | None Available | |
| Vasquez Jose M | $264,000 | Chicago Title Insurance Comp | |
| Franz Karen | $171,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flolo David E | $224,000 | |
| Previous Owner | Vasquez Jose Mauricio | $228,000 | |
| Previous Owner | Vasquez Jose M | $250,800 | |
| Previous Owner | Franz Karen | $165,000 |
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 | $9,360 | $114,594 | $28,317 | $86,277 |
| 2023 | $8,960 | $103,527 | $25,582 | $77,945 |
| 2022 | $8,469 | $94,398 | $23,326 | $71,072 |
| 2021 | $8,182 | $88,255 | $21,808 | $66,447 |
| 2020 | $7,939 | $84,253 | $20,819 | $63,434 |
| 2019 | $7,693 | $80,256 | $19,831 | $60,425 |
| 2018 | $7,290 | $75,606 | $18,682 | $56,924 |
| 2017 | $7,649 | $77,454 | $17,661 | $59,793 |
| 2016 | $7,614 | $71,857 | $16,385 | $55,472 |
| 2015 | -- | $65,863 | $15,018 | $50,845 |
| 2014 | -- | $57,159 | $14,833 | $42,326 |
| 2013 | -- | $58,666 | $15,224 | $43,442 |
Source: Public Records
Map
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