416 Summit St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $242,716
3
Beds
2
Baths
1,851
Sq Ft
$131/Sq Ft
Est. Value
About This Home
This home is located at 416 Summit St, Elgin, IL 60120 and is currently estimated at $242,716, approximately $131 per square foot. 416 Summit St is a home located in Kane County with nearby schools including McKinley Elementary School, Larsen Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2021
Sold by
Integrity Investment Reo Holdings Llc
Bought by
City Of Elgin
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
$24,518
Outstanding Balance
$21,772
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$220,944
Purchase Details
Closed on
Dec 23, 2020
Sold by
County Of Kane
Bought by
Integrity Investment Reo Holdings Llc
Purchase Details
Closed on
May 20, 2000
Sold by
Riemer Conrad A
Bought by
Owen Lou J
Purchase Details
Closed on
Apr 7, 2000
Sold by
Hattendorf Edna
Bought by
Riemer Conrad A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| City Of Elgin | -- | Chicago Title | |
| Integrity Investment Reo Holdings Llc | -- | Attorney | |
| Owen Lou J | -- | None Available | |
| Riemer Conrad A | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | City Of Elgin | $24,518 |
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 | -- | -- | -- | -- |
| 2023 | -- | -- | -- | -- |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $307 | $3,437 | $2,256 | $1,181 |
| 2020 | $4,325 | $47,419 | $11,337 | $36,082 |
| 2019 | $4,219 | $45,169 | $10,799 | $34,370 |
| 2018 | $4,237 | $42,552 | $10,173 | $32,379 |
| 2017 | $4,138 | $40,227 | $9,617 | $30,610 |
| 2016 | $3,980 | $37,320 | $8,922 | $28,398 |
| 2015 | -- | $34,207 | $8,178 | $26,029 |
| 2014 | -- | $33,785 | $8,077 | $25,708 |
| 2013 | -- | $34,676 | $8,290 | $26,386 |
Source: Public Records
Map
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