NOT LISTED FOR SALE

Estimated Value: $285,000 - $290,511

3 Beds
2 Baths
1,200 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 371 Cornell Ln, Elgin, IL 60123 and is currently estimated at $287,878, approximately $239 per square foot. 371 Cornell Ln is a home located in Kane County with nearby schools including Hillcrest Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Ponce Francisco
Bought by
Ponce Properties Corporation
Current Estimated Value
$287,878

Purchase Details

Closed on
Jan 23, 2017
Sold by
V Mortgage Reo 1 Llc
Bought by
Ponce Francisco and Ponce Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,250
Interest Rate
9.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2016
Sold by
Negrete Paola and Dejesus Hernandez Jose
Bought by
V Mortgage Reo 1 Llc

Purchase Details

Closed on
Dec 31, 2012
Sold by
Jesus Hernandez Jose De and Negrete Paola
Bought by
Jesus Hernandez Jose De and Negrete Paola

Purchase Details

Closed on
Jul 3, 2003
Sold by
Walston Philip D
Bought by
Negrete Paolo and Hernandez Jose Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,207
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 1994
Sold by
Walston Susan M
Bought by
Walston Philip D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.42%

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
Ponce Properties Corporation -- --
Ponce Francisco $143,000 Chicago Title Insurance Co
V Mortgage Reo 1 Llc -- None Available
Jesus Hernandez Jose De -- None Available
Negrete Paolo $190,000 First American Title
Walston Philip D -- Fox Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponce Maribel H $110,500
Previous Owner Ponce Francisco $207,250
Previous Owner Negrete Paolo $183,207
Previous Owner Walston Phillip D $50,000
Previous Owner Walston Philip D $77,000
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
2023 $6,035 $70,791 $18,286 $52,505
2022 $5,597 $64,549 $16,674 $47,875
2021 $5,384 $60,349 $15,589 $44,760
2020 $5,254 $57,612 $14,882 $42,730
2019 $5,126 $54,879 $14,176 $40,703
2018 $4,913 $49,696 $13,355 $36,341
2017 $4,832 $46,980 $12,625 $34,355
2016 $4,008 $43,585 $11,713 $31,872
2015 -- $39,950 $10,736 $29,214
2014 -- $39,456 $10,603 $28,853
2013 -- $40,497 $10,883 $29,614
Source: Public Records

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