NOT LISTED FOR SALE

486 Melrose Ct Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $311,000 - $340,000

4 Beds
2 Baths
1,428 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 486 Melrose Ct, Elgin, IL 60123 and is currently estimated at $326,318, approximately $228 per square foot. 486 Melrose Ct is a home located in Kane County with nearby schools including Harriet Gifford Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2005
Sold by
Murillo Joaquin and Murillo Maria Carmen
Bought by
Sanchez Rolando
Current Estimated Value
$326,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$85,494
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$240,824

Purchase Details

Closed on
Nov 8, 2004
Sold by
Murillo Joaquin
Bought by
Murillo Joaquin and Murillo Maria Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Cruz Sergio
Bought by
Murrillo Joaquin and Murillo Maria Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.27%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Bennett William E and Bennett Barbara W
Bought by
Cruz Sergio and Cruz Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,824
Interest Rate
7.91%
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

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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
Sanchez Rolando $210,000 First American Title Ins Co
Murillo Joaquin -- Law Title
Murrillo Joaquin $150,000 --
Cruz Sergio $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Rolando $168,000
Previous Owner Murillo Joaquin $141,500
Previous Owner Murrillo Joaquin $142,500
Previous Owner Cruz Sergio $123,824
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 $6,779 $92,709 $18,412 $74,297
2023 $6,458 $83,756 $16,634 $67,122
2022 $6,102 $76,371 $15,167 $61,204
2021 $5,835 $71,401 $14,180 $57,221
2020 $5,669 $68,163 $13,537 $54,626
2019 $5,504 $64,930 $12,895 $52,035
2018 $5,327 $59,880 $12,148 $47,732
2017 $5,205 $56,608 $11,484 $45,124
2016 $4,961 $52,517 $10,654 $41,863
2015 -- $48,136 $9,765 $38,371
2014 -- $47,541 $9,644 $37,897
2013 -- $48,795 $9,898 $38,897
Source: Public Records

Map

Illinois Kane County Elgin 60123 Southwest Elgin

486 Melrose Ct, Elgin, IL

Not Listed for Sale

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