474 Summit St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $296,598
Studio
--
Bath
7,282
Sq Ft
$41/Sq Ft
Est. Value
About This Home
This home is located at 474 Summit St, Elgin, IL 60120 and is currently estimated at $296,598, approximately $40 per square foot. 474 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
Nov 16, 2023
Sold by
Gersch William
Bought by
474 Summit Llc
Current Estimated Value
Purchase Details
Closed on
Apr 28, 2023
Sold by
Lobb Lawrence W
Bought by
Gersch William
Purchase Details
Closed on
Jan 15, 2021
Sold by
Walter J Burnidge Trust No 1 and First American Bank
Bought by
Gilles Laurie N and Gilles Stephen Nauman
Purchase Details
Closed on
Jan 1, 2010
Sold by
Ajb Llc
Bought by
Nauman Roberta W and Hahn Ii W Richard
Purchase Details
Closed on
Oct 12, 2007
Sold by
Waldron Susan Neri
Bought by
Ajb Llc
Purchase Details
Closed on
Apr 12, 2000
Sold by
Harris Bank Woodstock
Bought by
Waldron Susan Neri and Susan Neri Waldron Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
8.5%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 474 Summit Llc | $255,000 | None Listed On Document | |
| Gersch William | $111,000 | Chicago Title | |
| Gilles Laurie N | -- | First American Title | |
| Nauman Roberta W | -- | None Available | |
| Ajb Llc | $595,000 | Chicago Title Insurance Co | |
| Waldron Susan Neri | $469,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Waldron Susan Neri | $352,000 |
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 | $7,381 | $92,232 | $51,617 | $40,615 |
| 2023 | $7,103 | $83,325 | $46,632 | $36,693 |
| 2022 | $11,727 | $135,245 | $42,520 | $92,725 |
| 2021 | $11,281 | $126,444 | $39,753 | $86,691 |
| 2020 | $11,009 | $120,710 | $37,950 | $82,760 |
| 2019 | $10,739 | $114,984 | $36,150 | $78,834 |
| 2018 | $15,228 | $154,030 | $34,056 | $119,974 |
| 2017 | $15,933 | $154,907 | $34,250 | $120,657 |
| 2016 | $16,393 | $153,703 | $33,984 | $119,719 |
| 2015 | -- | $140,882 | $31,149 | $109,733 |
| 2014 | -- | $139,142 | $30,764 | $108,378 |
| 2013 | -- | $142,812 | $31,575 | $111,237 |
Source: Public Records
Map
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