NOT LISTED FOR SALE

Estimated Value: $653,716 - $764,000

4 Beds
4 Baths
2,828 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 40W885 Chippewa Pass, Elgin, IL 60124 and is currently estimated at $698,429, approximately $246 per square foot. 40W885 Chippewa Pass 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
Jul 1, 1999
Sold by
Chessman Stanley M
Bought by
Clouser Joseph J and Clouser Jennifer A
Current Estimated Value
$698,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.28%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Chessman Stanley M and The Stanley M Chessman Revocab
Bought by
Chessman Stanley M

Purchase Details

Closed on
Mar 10, 1998
Sold by
Chessman Stanley M
Bought by
Chessman Stanley M and Chessman Revocable T Stanley M

Purchase Details

Closed on
Jan 16, 1998
Sold by
Chessman Stanley M and Chessman Ruth E
Bought by
Chessman Stanley M
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
Clouser Joseph J $347,500 Chicago Title Insurance Co
Chessman Stanley M -- --
Chessman Stanley M -- --
Chessman Stanley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clouser Joseph J $210,000
Closed Clouser Joseph J $230,000
Closed Clouser Joseph J $100,000
Closed Clouser Joseph J $120,000
Closed Clouser Joseph J $300,000
Closed Clouser Joseph J $200,000
Closed Clouser Joseph J $278,000
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 $13,058 $166,909 $36,667 $130,242
2022 $12,228 $150,191 $35,595 $114,596
2021 $11,669 $139,826 $34,388 $105,438
2020 $11,628 $137,313 $33,770 $103,543
2019 $11,623 $135,537 $33,333 $102,204
2018 $11,445 $134,255 $34,442 $99,813
2017 $11,152 $129,543 $33,569 $95,974
2016 $11,828 $126,470 $32,773 $93,697
2015 -- $126,470 $32,773 $93,697
2014 -- $119,132 $32,773 $86,359
2013 -- $123,420 $33,333 $90,087
Source: Public Records

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