NOT LISTED FOR SALE

40W635 Old Mill Ct Elgin, IL 60124

Bowes Neighborhood

Estimated Value: $722,000 - $900,711

3 Beds
5 Baths
4,160 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 40W635 Old Mill Ct, Elgin, IL 60124 and is currently estimated at $815,678, approximately $196 per square foot. 40W635 Old Mill Ct 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
Aug 21, 2020
Sold by
Kemp Kevin L and The Kevin L Kemp Revocable Tru
Bought by
Kemp Kevin L and Kemp Pamela E
Current Estimated Value
$815,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$310,298
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$505,380

Purchase Details

Closed on
Oct 8, 2015
Sold by
Kemp Kevin L and Kemp Pamela E
Bought by
The Kevin L Kemp Revocable Trust and The Pamela E Kemp Revocable Trust

Purchase Details

Closed on
Aug 11, 2006
Sold by
Sierra Homes Inc
Bought by
Kemp Kevin L and Kemp Pamela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
B & B Enterprises
Bought by
Ward David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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
Kemp Kevin L -- Novas Title Company Llc
The Kevin L Kemp Revocable Trust -- Attorney
Kemp Kevin L $962,000 Chicago Title Insurance Co
Ward David E $115,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Kevin L $450,000
Previous Owner Kemp Kevin L $730,000
Previous Owner Ward David E $92,000
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
2024 $21,463 $272,675 $48,642 $224,033
2023 $20,666 $246,653 $44,000 $202,653
2022 $19,612 $225,575 $34,171 $191,404
2021 $19,442 $217,926 $33,012 $184,914
2020 $19,386 $214,010 $32,419 $181,591
2019 $19,329 $211,243 $32,000 $179,243
2018 $18,862 $206,941 $27,551 $179,390
2017 $18,367 $199,343 $26,853 $172,490
2016 $19,442 $194,614 $26,216 $168,398
2015 -- $194,614 $26,216 $168,398
2014 -- $188,275 $26,216 $162,059
2013 -- $192,439 $26,664 $165,775
Source: Public Records

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