NOT LISTED FOR SALE

500 S Commonwealth Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $243,156 - $274,000

2 Beds
2 Baths
726 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 500 S Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $260,289, approximately $358 per square foot. 500 S Commonwealth Ave 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
May 28, 2020
Sold by
Villeda Norma
Bought by
Paredes Karen V Santamaria
Current Estimated Value
$260,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,038
Outstanding Balance
$145,740
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$114,549

Purchase Details

Closed on
Feb 18, 2011
Sold by
Martinez Jose Juan
Bought by
Villeda Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Harnish Ryan C and Harnish Allena M
Bought by
Martinez Jose Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Michaelis Douglas R
Bought by
Harnish Ryan C and Harnish Allena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Pompa Randy and Pompa Meredith
Bought by
Michaelis Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,978
Interest Rate
5.36%
Mortgage Type
VA

Purchase Details

Closed on
Nov 12, 1998
Sold by
Engle Richard S and Engle Pamela S
Bought by
Pompa Randy and Pompa Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,076
Interest Rate
6.59%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1994
Sold by
Mills Otis J and Mills Ruth A
Bought by
Engle Richard S and Engle Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,616
Interest Rate
9.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Paredes Karen V Santamaria $170,000 Chicago Title Insurance Co
Villeda Norma $80,000 First American Title
Martinez Jose Juan $183,000 First American Title Ins Co
Harnish Ryan C $177,000 --
Michaelis Douglas R $154,000 Chicago Title Insurance Co
Pompa Randy $107,000 Republic Title
Engle Richard S $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Karen V Santamaria $165,038
Previous Owner Villeda Norma $72,000
Previous Owner Martinez Jose Juan $146,400
Previous Owner Harnish Ryan C $141,600
Previous Owner Michaelis Douglas R $156,978
Previous Owner Pompa Randy $106,076
Previous Owner Engle Richard S $91,616
Closed Harnish Ryan C $26,550
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 $4,194 $60,402 $18,293 $42,109
2023 $3,970 $54,568 $16,526 $38,042
2022 $3,794 $49,757 $15,069 $34,688
2021 $3,615 $46,519 $14,088 $32,431
2020 $3,503 $44,409 $13,449 $30,960
2019 $3,391 $42,302 $12,811 $29,491
2018 $3,196 $38,326 $12,069 $26,257
2017 $3,109 $36,232 $11,410 $24,822
2016 $2,945 $33,613 $10,585 $23,028
2015 $3,578 $30,809 $9,702 $21,107
2014 $3,578 $30,428 $9,582 $20,846
2013 $3,578 $31,231 $9,835 $21,396
Source: Public Records

Map

Illinois Kane County Elgin 60123 Southwest Elgin

500 S Commonwealth Ave, Elgin, IL

Not Listed for Sale

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