NOT LISTED FOR SALE

40W115 Oak Tree Ln Elgin, IL 60124

Bowes Neighborhood

Estimated Value: $458,000 - $555,000

3 Beds
3 Baths
2,007 Sq Ft
$249/Sq Ft Est. Value

About This Home

This home is located at 40W115 Oak Tree Ln, Elgin, IL 60124 and is currently estimated at $500,010, approximately $249 per square foot. 40W115 Oak Tree Ln is a home located in Kane County with nearby schools including Howard B. Thomas Grade School, Prairie Knolls Middle School, and Central Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2003
Sold by
Cardenas Sergio and Cardenas Maria J
Bought by
Arnold Richard E and Arnold Tricia G
Current Estimated Value
$502,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1998
Sold by
Charter National Bank & Trust
Bought by
Cardenas Sergio and Cardenas Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.87%
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
Arnold Richard E $351,500 First American Title
Cardenas Sergio $250,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Richard E $201,500
Closed Arnold Tricia G $200,000
Closed Arnold Tricia G $150,000
Closed Arnold Richard E $100,000
Closed Arnold Richard $20,000
Previous Owner Arnold Richard E $250,000
Previous Owner Cardenas Sergio $187,500
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 $10,627 $143,897 $31,322 $112,575
2023 $10,234 $130,165 $28,333 $101,832
2022 $9,750 $118,705 $24,917 $93,788
2021 $9,279 $110,365 $24,072 $86,293
2020 $9,253 $108,381 $23,639 $84,742
2019 $9,258 $106,979 $23,333 $83,646
2018 $8,601 $100,343 $24,106 $76,237
2017 $8,197 $96,800 $23,495 $73,305
2016 $8,681 $94,504 $22,938 $71,566
2015 -- $94,504 $22,938 $71,566
2014 -- $88,742 $22,938 $65,804
2013 -- $91,974 $23,330 $68,644
Source: Public Records

Map

Illinois Kane County Elgin 60124 Bowes

40W115 Oak Tree Ln, Elgin, IL

This home is located at 40W115 Oak Tree Ln, Elgin, IL 60124 and is currently estimated at $500,010, approximately $249 per square foot. 40W115 Oak Tree Ln is a home located in Kane County with nearby schools including Howard B. Thomas Grade School, Prairie Knolls Middle School, and Central Middle School.

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