NOT LISTED FOR SALE

426 Summit St Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $219,000 - $265,000

3 Beds
1 Bath
1,201 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 426 Summit St, Elgin, IL 60120 and is currently estimated at $241,025, approximately $200 per square foot. 426 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
Jun 6, 1997
Sold by
Tun Hla and Tun Thein Thein
Bought by
Folkerts Mark and Folkerts Katherine A
Current Estimated Value
$251,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$9,422
Interest Rate
8.13%
Estimated Equity
$231,603
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Folkerts Mark $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkerts Mark $65,000
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
2024 $4,222 $60,759 $15,739 $45,020
2023 $3,997 $54,891 $14,219 $40,672
2022 $3,820 $50,051 $12,965 $37,086
2021 $3,640 $46,794 $12,121 $34,673
2020 $3,527 $44,672 $11,571 $33,101
2019 $3,414 $42,553 $11,022 $31,531
2018 $2,972 $36,064 $10,383 $25,681
2017 $2,890 $34,094 $9,816 $24,278
2016 $3,373 $31,630 $9,107 $22,523
2015 -- $28,991 $8,347 $20,644
2014 -- $28,633 $8,244 $20,389
2013 -- $33,081 $8,461 $24,620
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

426 Summit St, Elgin, IL

Not Listed for Sale

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