NOT LISTED FOR SALE

450 S Belmont Ave Elgin, IL 60123

College Park McIntosh Neighborhood

Estimated Value: $840,000

-- Bed
-- Bath
-- Sq Ft
0.67 Acres

About This Home

This home is located at 450 S Belmont Ave, Elgin, IL 60123 and is currently priced at $840,000. 450 S Belmont Ave is a home located in Kane County with nearby schools including Hillcrest Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Gupta Sameer Kumar and Gupta Sanjay Kumar
Bought by
Optimal Network Systems 6 Llc
Current Estimated Value
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,250
Outstanding Balance
$1,162,641
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2018
Sold by
Kp Ventures Llc
Bought by
Gupta Vijay Kumar and Gupta Sameer Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2014
Sold by
Sofolo Toni and Bondurant Erickson Toni
Bought by
Kp Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2012
Sold by
Erickson J Crawford
Bought by
Erickson Toni Bondurant

Purchase Details

Closed on
Oct 3, 1997
Sold by
Krueger Randy R
Bought by
Erickson J Crawford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 1996
Sold by
Witter Lowell F
Bought by
Krueger Randy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Optimal Network Systems 6 Llc $1,575,000 Chicago Title
Gupta Vijay Kumar $1,050,000 Atlas Title Co
Kp Ventures Llc $795,000 Chicago Title Insurance Co
Erickson Toni Bondurant -- None Available
Erickson J Crawford $486,666 Chicago Title Insurance Co
Krueger Randy R $727,000 Century Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Optimal Network Systems 6 Llc $1,181,250
Previous Owner Gupta Vijay Kumar $750,000
Previous Owner Kp Ventures Llc $636,000
Previous Owner Erickson J Crawford $283,000
Previous Owner Erickson J Crawford $504,500
Previous Owner Erickson J Crawford $547,500
Previous Owner Krueger Randy R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 For Rent -- -- --

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 $33,567 $419,434 $60,040 $359,394
2023 $32,302 $378,927 $54,242 $324,685
2022 $29,960 $345,515 $49,459 $296,056
2021 $29,849 $334,566 $46,241 $288,325
2020 $30,864 $338,409 $44,144 $294,265
2019 $30,107 $322,356 $42,050 $280,306
2018 $30,024 $303,680 $39,614 $264,066
2017 $29,528 $287,086 $37,449 $249,637
2016 $28,405 $266,339 $34,743 $231,596
2015 -- $244,124 $31,845 $212,279
2014 -- $241,110 $31,452 $209,658
2013 -- $247,470 $32,282 $215,188
Source: Public Records

Map

Illinois Kane County Elgin 60123 College Park McIntosh

450 S Belmont Ave, Elgin, IL

This home is located at 450 S Belmont Ave, Elgin, IL 60123 and is currently priced at $840,000. 450 S Belmont Ave is a home located in Kane County with nearby schools including Hillcrest Elementary School, Abbott Middle School, and Larkin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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