NOT LISTED FOR SALE

450 Summit St Elgin, IL 60120

Estimated Value: $240,000 - $299,000

4 Beds
1 Bath
1,997 Sq Ft
$136/Sq Ft Est. Value

About This Home

This home is located at 450 Summit St, Elgin, IL 60120 and is currently estimated at $271,024, approximately $135 per square foot. 450 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
Oct 5, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Franco Felipe
Current Estimated Value
$278,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$65,200
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$205,824

Purchase Details

Closed on
Feb 28, 2004
Sold by
First American Bank
Bought by
Cardunal Savings Bank Fsb and As 98-409

Purchase Details

Closed on
Sep 15, 1995
Sold by
Sarro Victor J and Achilli Ruth H
Bought by
First American Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.5%
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

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
Franco Felipe $75,000 Chicago Title
Cardunal Savings Bank Fsb -- Chicago Title Insurance Comp
First American Bank $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Felipe $67,500
Previous Owner Rafferty Larry E $20,000
Previous Owner First American Bank $213,540
Previous Owner First American Bank $36,994
Previous Owner First American Bank $106,374
Previous Owner First American Bank $45,000
Previous Owner First American Bank $35,000
Closed Franco Felipe $6,000
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 $4,882 $69,005 $15,739 $53,266
2023 $5,314 $62,341 $14,219 $48,122
2022 $4,929 $56,844 $12,965 $43,879
2021 $4,741 $53,145 $12,121 $41,024
2020 $4,627 $50,735 $11,571 $39,164
2019 $4,514 $48,328 $11,022 $37,306
2018 $4,066 $41,125 $10,383 $30,742
2017 $3,999 $38,878 $9,816 $29,062
2016 $3,847 $36,069 $9,107 $26,962
2015 -- $33,060 $8,347 $24,713
2014 -- $32,652 $8,244 $24,408
2013 -- $37,934 $8,461 $29,473
Source: Public Records

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