40W622 McDonald Rd Elgin, IL 60124
Bowes NeighborhoodEstimated Value: $554,832 - $700,000
4
Beds
4
Baths
4,899
Sq Ft
$125/Sq Ft
Est. Value
About This Home
This home is located at 40W622 McDonald Rd, Elgin, IL 60124 and is currently estimated at $611,708, approximately $124 per square foot. 40W622 McDonald 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
Sep 15, 2017
Sold by
Ronzheimer Kenneth C and Ronzheimer Susan V
Bought by
Sahlin Jeff and Reynolds Diana
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
$80,000
Outstanding Balance
$18,584
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$593,124
Purchase Details
Closed on
Jul 28, 2005
Sold by
Ronzheimer Kenneth C and Ronzheimer Susan V
Bought by
Ronzheimer Kenneth C and Ronzheimer Susan V
Purchase Details
Closed on
Jun 23, 2000
Sold by
Hix Sharon E and Hix Ralph L
Bought by
Ronzheimer Kenneth C and Ronzheimer Susan V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.64%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sahlin Jeff | $460,000 | Chicago Title Ins Co | |
| Ronzheimer Kenneth C | -- | -- | |
| Ronzheimer Kenneth C | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sahlin Jeff | $80,000 | |
| Previous Owner | Ronzheimer Kenneth C | $50,000 |
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 |
|---|---|---|---|---|
| 2024 | $8,675 | $130,888 | $31,322 | $99,566 |
| 2023 | $7,860 | $113,649 | $28,333 | $85,316 |
| 2022 | $8,124 | $108,800 | $24,917 | $83,883 |
| 2021 | $7,695 | $101,252 | $24,072 | $77,180 |
| 2020 | $8,096 | $99,432 | $23,639 | $75,793 |
| 2019 | $8,089 | $98,146 | $23,333 | $74,813 |
| 2018 | $7,989 | $97,519 | $25,650 | $71,869 |
| 2017 | $6,695 | $85,168 | $21,817 | $63,351 |
| 2016 | $7,083 | $83,147 | $21,299 | $61,848 |
| 2015 | -- | $84,836 | $21,299 | $63,537 |
| 2014 | -- | $84,836 | $21,299 | $63,537 |
| 2013 | -- | $86,286 | $21,663 | $64,623 |
Source: Public Records
Map
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