422 N Commonwealth Ave Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $340,886 - $368,000
4
Beds
2
Baths
1,658
Sq Ft
$214/Sq Ft
Est. Value
About This Home
This home is located at 422 N Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $355,222, approximately $214 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
Pohlmerier David M and Pohlmerier Brandi M
Bought by
Hinchley Timothy and Hinchley Audrey
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
$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%
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 |
|---|---|---|---|
| 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 | $215,000 | |
| Previous Owner | Lake Gregory T | $206,600 | |
| Previous Owner | Menke Steve D | $146,800 | |
| Previous Owner | Menke Steve D | $140,850 |
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 | $6,912 | $94,369 | $23,387 | $70,982 |
| 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
Map
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