NOT LISTED FOR SALE

336 N Melrose Ave Elgin, IL 60123

Estimated Value: $256,000 - $280,636

3 Beds
2 Baths
986 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 336 N Melrose Ave, Elgin, IL 60123 and is currently estimated at $266,909, approximately $270 per square foot. 336 N Melrose Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2008
Sold by
Rice Nancy E
Bought by
Payne Michael C and Payne Merlinda T
Current Estimated Value
$266,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,095
Outstanding Balance
$114,225
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$152,684

Purchase Details

Closed on
Nov 11, 2003
Sold by
Rice Bruce E
Bought by
Rice Nancy E and The Bruce E Rice Trust

Purchase Details

Closed on
Oct 2, 2003
Sold by
Rice Thelma Jean
Bought by
Rice Bruce E
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
Payne Michael C $187,000 None Available
Rice Nancy E -- --
Rice Bruce E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Michael C $184,095
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 $5,606 $78,047 $14,884 $63,163
2023 $5,329 $70,510 $13,447 $57,063
2022 $5,055 $64,293 $12,261 $52,032
2021 $4,827 $60,109 $11,463 $48,646
2020 $4,686 $57,383 $10,943 $46,440
2019 $4,545 $54,661 $10,424 $44,237
2018 $4,498 $51,494 $9,820 $41,674
2017 $4,390 $48,680 $9,283 $39,397
2016 $4,177 $45,162 $8,612 $36,550
2015 -- $41,395 $7,894 $33,501
2014 -- $40,884 $7,797 $33,087
2013 -- $41,963 $8,003 $33,960
Source: Public Records

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