NOT LISTED FOR SALE

500 Prospect St Unit 2 Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $298,393 - $359,000

-- Bed
-- Bath
2,320 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 500 Prospect St Unit 2, Elgin, IL 60120 and is currently estimated at $326,098, approximately $140 per square foot. 500 Prospect St Unit 2 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
Jul 30, 1998
Sold by
Vences Ofelia and Arreguin Maria Del Carmen
Bought by
Ramirez Arturo and Ramirez Lurdes
Current Estimated Value
$326,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,328
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1996
Sold by
Vences Roberto and Vences Ofelia
Bought by
Vences Ofelia and Arreguin Maria Del Carmen
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ramirez Arturo $164,000 --
Vences Ofelia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Arturo $35,567
Open Ramirez Arturo $157,888
Previous Owner Ramirez Arturo $160,328
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 $6,687 $83,553 $17,478 $66,075
2023 $6,435 $75,484 $15,790 $59,694
2022 $5,539 $63,881 $14,398 $49,483
2021 $5,328 $59,724 $13,461 $46,263
2020 $5,200 $57,016 $12,851 $44,165
2019 $5,072 $54,311 $12,241 $42,070
2018 $5,058 $51,165 $11,532 $39,633
2017 $4,975 $48,369 $10,902 $37,467
2016 $4,786 $44,873 $10,114 $34,759
2015 -- $41,130 $9,270 $31,860
2014 -- $40,623 $9,156 $31,467
2013 -- $41,695 $9,398 $32,297
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

500 Prospect St Unit 2, Elgin, IL

This home is located at 500 Prospect St Unit 2, Elgin, IL 60120 and is currently estimated at $326,098, approximately $140 per square foot. 500 Prospect St Unit 2 is a home located in Kane County with nearby schools including McKinley Elementary School, Larsen Middle School, and Elgin High School.

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