Estimated Value: $286,000 - $331,000
3
Beds
2
Baths
1,346
Sq Ft
$230/Sq Ft
Est. Value
About This Home
This home is located at 437 N Melrose Ave, Elgin, IL 60123 and is currently estimated at $309,869, approximately $230 per square foot. 437 N Melrose 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
Jun 18, 2004
Sold by
Romanenghi Richard
Bought by
Williams Scott and Williams Jamie
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
$167,900
Outstanding Balance
$84,596
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,273
Purchase Details
Closed on
Dec 31, 2002
Sold by
Hud
Bought by
Romanenchi Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 2002
Sold by
Morales Arturo and Morales Maria
Bought by
Hud
Purchase Details
Closed on
Feb 25, 1999
Sold by
Prescott James R
Bought by
Morales Arturo and Morales Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,136
Interest Rate
6.92%
Mortgage Type
FHA
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 |
---|---|---|---|
Williams Scott | $200,000 | Atg | |
Romanenchi Richard | -- | Stewart Title Company | |
Hud | -- | Wheatland Title | |
Morales Arturo | $130,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Williams Scott | $167,900 | |
Previous Owner | Romanenchi Richard | $118,500 | |
Previous Owner | Morales Arturo | $129,136 |
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 | $6,128 | $84,574 | $22,656 | $61,918 |
2023 | $5,831 | $76,406 | $20,468 | $55,938 |
2022 | $5,521 | $69,669 | $18,663 | $51,006 |
2021 | $5,276 | $65,136 | $17,449 | $47,687 |
2020 | $5,124 | $62,183 | $16,658 | $45,525 |
2019 | $4,972 | $59,233 | $15,868 | $43,365 |
2018 | $4,924 | $55,802 | $14,949 | $40,853 |
2017 | $4,809 | $52,753 | $14,132 | $38,621 |
2016 | $4,580 | $48,941 | $13,111 | $35,830 |
2015 | -- | $44,858 | $12,017 | $32,841 |
2014 | -- | $44,305 | $11,869 | $32,436 |
2013 | -- | $45,474 | $12,182 | $33,292 |
Source: Public Records
Map
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