NOT LISTED FOR SALE

413 N Melrose Ave Elgin, IL 60123

Estimated Value: $306,000 - $337,000

3 Beds
2 Baths
1,440 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $269,000 $187 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,104/month

About This Home

As of December 2023

DON'T MISS OUT! Spacious ranch home nicely located in Wing Park. Home offers 3 bedrooms, 1.1 bathroom, finished basement and a 1-car garage on a nice-sized lot. Separate kitchen and dining room with lots of windows and pocket doors throughout. Home has an addition including a large family room and doors leading to the patio with separate furnace and A/C. Good sized bedrooms with walk in closets in each. Basement has a finished rec room, pool table area, half bath & plenty of storage. Pool table stays! Owner thinks the wood floors are under carpet. Property being sold as-is. Located near Kimball Middle School, shopping and transportation.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 29, 2023
Sold by
Larson Marlene J
Bought by
Ramirez-Jimenez Juan Alberto
Seller's Agent
Steve Olszewski
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Hebert Garcia
Realty Executives Advance
List Price
$284,000
Sold Price
$269,000
Premium/Discount to List
-$15,000
-5.28%
Views
128
Current Estimated Value
$316,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,251
Avg. Annual Appreciation
9.69%
Original Mortgage
$228,650
Outstanding Balance
$224,198
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$92,053
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ramirez-Jimenez Juan Alberto $269,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez-Jimenez Juan Alberto $228,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $269,000 -5.3% $187 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $284,000 -- $197 / Sq Ft

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 $5,125 $80,045 $21,434 $58,611
2023 $4,801 $72,315 $19,364 $52,951
2022 $4,764 $65,939 $17,657 $48,282
2021 $4,519 $61,648 $16,508 $45,140
2020 $4,364 $58,852 $15,759 $43,093
2019 $4,208 $56,060 $15,011 $41,049
2018 $4,134 $52,812 $14,141 $38,671
2017 $4,004 $49,926 $13,368 $36,558
2016 $3,767 $46,318 $12,402 $33,916
2015 -- $42,455 $11,368 $31,087
2014 -- $41,931 $11,228 $30,703
2013 -- $43,037 $11,524 $31,513
Source: Public Records

Agents Affiliated with this Home

  • Steve Olszewski

    Seller's Agent in 2023

    Steve Olszewski

    Berkshire Hathaway HomeServices Starck Real Estate

    (847) 404-4018

    98 Total Sales

    Steve Olszewski
    Section Image
  • Hebert Garcia

    Buyer's Agent in 2023

    Hebert Garcia

    Realty Executives

    (847) 514-1168

    234 Total Sales

    Hebert Garcia
    Section Image
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Map

Illinois Kane County Elgin 60123

413 N Melrose Ave, Elgin, IL

This home is located at 413 N Melrose Ave, Elgin, IL 60123 and is currently estimated at $316,251, approximately $219 per square foot. 413 N Melrose Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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