NOT LISTED FOR SALE

422 N Commonwealth Ave Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $323,409 - $339,000

4 Beds
2 Baths
1,658 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 422 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $329,352, approximately $198 per square foot. 422 N Commonwealth Ave is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Pohlemeier David M and Pohlemeier Brandi M
Bought by
Hinchley Timothy
Current Estimated Value
$329,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2008
Sold by
Lake Gregory T and Dinges Jane E
Bought by
Pohlmeier David M and Pohlmeier Brandi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Menke Steve D and Menke Jennifer M
Bought by
Lake Gregory T and Dinges Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Menke Steve D and Menke Jennifer M
Bought by
Menke Steve D and Menke Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2000
Sold by
Lieberman Alan A and Lieberman Beatrice
Bought by
Menke Steve D and Doherty Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,850
Interest Rate
7.62%
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

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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
Hinchley Timothy $217,000 Chicago Title Insurance Co
Pohlmeier David M $215,000 None Available
Lake Gregory T $230,000 Chicago Title Insurance Comp
Menke Steve D -- Citywide Title Corporation
Menke Steve D $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinchley Timothy $213,069
Previous Owner Pohlmeier David M $207,400
Previous Owner Pohlmeier David M $215,000
Previous Owner Lake Gregory T $206,600
Previous Owner Menke Steven D $212,160
Previous Owner Menke Steve D $146,800
Previous Owner Menke Steve D $140,850
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 $6,586 $85,255 $21,128 $64,127
2022 $6,221 $77,738 $19,265 $58,473
2021 $5,949 $72,679 $18,011 $54,668
2020 $5,781 $69,383 $17,194 $52,189
2019 $5,612 $66,091 $16,378 $49,713
2018 $5,562 $62,262 $15,429 $46,833
2017 $5,437 $58,860 $14,586 $44,274
2016 $5,184 $54,606 $13,532 $41,074
2015 $5,115 $50,051 $12,403 $37,648
2014 $5,115 $49,433 $12,250 $37,183
2013 $5,115 $50,737 $12,573 $38,164
Source: Public Records

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