31 Summit St Elgin, IL 60120
Corley Drive Park NeighborhoodEstimated Value: $284,000 - $640,590
3
Beds
1
Bath
1,092
Sq Ft
$455/Sq Ft
Est. Value
About This Home
This home is located at 31 Summit St, Elgin, IL 60120 and is currently estimated at $497,398, approximately $455 per square foot. 31 Summit St is a home located in Cook County with nearby schools including Lords Park Elementary School, Ellis Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2021
Sold by
Adams Jacob R
Bought by
Olague Ricardo
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
$300,000
Outstanding Balance
$272,931
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$224,467
Purchase Details
Closed on
Sep 4, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Adams Jacob R
Purchase Details
Closed on
Apr 14, 2015
Sold by
Bmo Harris Bank National Association
Bought by
Jpmorgan Chase Bank Na
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olague Ricardo | $500,000 | Alliance Title Corporation | |
| Adams Jacob R | $144,500 | Attorney | |
| Jpmorgan Chase Bank Na | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Olague Ricardo | $300,000 |
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 |
|---|---|---|---|---|
| 2025 | $9,937 | $47,000 | $19,400 | $27,600 |
| 2024 | $9,937 | $38,000 | $19,000 | $19,000 |
| 2023 | $9,631 | $38,000 | $19,000 | $19,000 |
| 2022 | $9,631 | $38,000 | $19,000 | $19,000 |
| 2021 | $7,400 | $24,030 | $15,746 | $8,284 |
| 2020 | $7,285 | $24,030 | $15,746 | $8,284 |
| 2019 | $7,202 | $26,700 | $15,746 | $10,954 |
| 2018 | $7,931 | $26,842 | $12,597 | $14,245 |
| 2017 | $7,749 | $26,842 | $12,597 | $14,245 |
| 2016 | $7,256 | $26,842 | $12,597 | $14,245 |
| 2015 | $6,796 | $22,858 | $9,448 | $13,410 |
| 2014 | $6,697 | $22,858 | $9,448 | $13,410 |
| 2013 | -- | $22,858 | $9,448 | $13,410 |
Source: Public Records
Map
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