Estimated Value: $425,000 - $512,000
3
Beds
3
Baths
1,696
Sq Ft
$271/Sq Ft
Est. Value
About This Home
This home is located at 41W595 Silvana Dr Unit 2, Elgin, IL 60124 and is currently estimated at $460,403, approximately $271 per square foot. 41W595 Silvana Dr Unit 2 is a home located in Kane County with nearby schools including Lily Lake Grade School, Prairie Knolls Middle School, and Central Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2013
Sold by
Bitting Jesse M and Bitting Maria M
Bought by
Bitting Jesse M and Bitting Maria M
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
$198,000
Outstanding Balance
$136,603
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$323,800
Purchase Details
Closed on
Jun 1, 2011
Sold by
Benson Lyle and Benson Charon
Bought by
Bitting Jesse M and Rusiana Maria M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,495
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 20, 1998
Sold by
Sanderson Michael D and Sanderson Barbara R
Bought by
Benson Lyle and Benson Charon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.01%
Purchase Details
Closed on
Apr 8, 1996
Sold by
Djukic John M and Djukic Teresa K
Bought by
Sanderson Michael D and Sanderson Barbara R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,265
Interest Rate
7.46%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bitting Jesse M | -- | None Available | |
| Bitting Jesse M | $210,000 | First American | |
| Benson Lyle | $223,000 | -- | |
| Sanderson Michael D | $211,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bitting Jesse M | $198,000 | |
| Closed | Bitting Jesse M | $201,495 | |
| Previous Owner | Benson Lyle | $138,000 | |
| Previous Owner | Sanderson Michael D | $179,265 |
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 | $8,105 | $113,472 | $27,638 | $85,834 |
| 2023 | $7,777 | $102,643 | $25,000 | $77,643 |
| 2022 | $8,117 | $101,713 | $23,138 | $78,575 |
| 2021 | $7,730 | $94,649 | $22,353 | $72,296 |
| 2020 | $7,699 | $92,948 | $21,951 | $70,997 |
| 2019 | $7,694 | $91,746 | $21,667 | $70,079 |
| 2018 | $6,773 | $81,898 | $20,665 | $61,233 |
| 2017 | $6,591 | $79,019 | $20,141 | $58,878 |
| 2016 | $6,985 | $77,144 | $19,663 | $57,481 |
| 2015 | -- | $72,814 | $19,663 | $53,151 |
| 2014 | -- | $71,318 | $19,663 | $51,655 |
| 2013 | -- | $73,884 | $19,999 | $53,885 |
Source: Public Records
Map
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