40W563 Russell Rd Elgin, IL 60124
Plato Center NeighborhoodEstimated Value: $560,000 - $756,000
3
Beds
2
Baths
1,740
Sq Ft
$357/Sq Ft
Est. Value
About This Home
This home is located at 40W563 Russell Rd, Elgin, IL 60124 and is currently estimated at $620,540, approximately $356 per square foot. 40W563 Russell Rd 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
Jun 26, 2019
Sold by
Larsen Richard N and Larsen Lynn E
Bought by
Larsen Richard N and Larsen Lynn E
Current Estimated Value
Purchase Details
Closed on
Dec 15, 2011
Sold by
Jany William and Pizzello Lenora
Bought by
Larsen Richard N and Larsen Lynn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$161,518
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$459,023
Purchase Details
Closed on
Jun 5, 2000
Sold by
Anderson Barbara J
Bought by
Jany William and Jany Christine Smith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
8.08%
Purchase Details
Closed on
May 22, 2000
Sold by
Anderson Barbara J
Bought by
County Of Kane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
8.08%
Purchase Details
Closed on
Nov 22, 1996
Sold by
Northrop Lawrence and Northrop Inas
Bought by
Northrop Lawrence and Lawrence Northrop Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larsen Richard N | -- | Attorney | |
| Larsen Richard N | $295,000 | First United Title Svcs Inc | |
| Jany William | $275,000 | -- | |
| County Of Kane | -- | -- | |
| Northrop Lawrence | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Larsen Richard N | $236,000 | |
| Previous Owner | Jany William | $261,250 |
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 | $13,532 | $192,102 | $23,953 | $168,149 |
| 2023 | $12,286 | $165,520 | $21,667 | $143,853 |
| 2022 | $11,611 | $158,154 | $17,798 | $140,356 |
| 2021 | $10,938 | $146,334 | $17,194 | $129,140 |
| 2020 | $9,980 | $143,704 | $16,885 | $126,819 |
| 2019 | $9,946 | $141,846 | $16,667 | $125,179 |
| 2018 | $8,255 | $123,508 | $17,100 | $106,408 |
| 2017 | $7,677 | $116,049 | $11,749 | $104,300 |
| 2016 | $5,552 | $62,548 | $11,470 | $51,078 |
| 2015 | -- | $58,162 | $11,470 | $46,692 |
| 2014 | -- | $58,162 | $11,470 | $46,692 |
| 2013 | -- | $59,156 | $11,666 | $47,490 |
Source: Public Records
Map
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