NOT LISTED FOR SALE

501 2nd Ave Marengo, IL 60152

Estimated Value: $231,054 - $268,000

-- Bed
-- Bath
-- Sq Ft
8,843 Sq Ft Lot

About This Home

This home is located at 501 2nd Ave, Marengo, IL 60152 and is currently estimated at $253,764. 501 2nd Ave is a home located in McHenry County with nearby schools including Locust Elementary School, Marengo Community Middle School, and Marengo Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2003
Sold by
Wheeler Michael T and Wheeler Linda R
Bought by
Wheeler Michael T
Current Estimated Value
$253,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Wheeler Michael T -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wright Kaitlin A $178,125
Closed Wheeler Michael T $111,000
Closed Wheeler Michael T $17,000
Closed Wheeler Michael T $17,000
Closed Wheeler Michael T $100,000
Closed Wheeler Michael T $15,000
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 $4,440 $66,511 $13,726 $52,785
2023 $4,282 $58,631 $12,100 $46,531
2022 $4,218 $53,021 $10,942 $42,079
2021 $3,899 $48,311 $9,970 $38,341
2020 $3,818 $45,975 $9,488 $36,487
2019 $4,020 $43,562 $8,990 $34,572
2018 $3,709 $40,804 $8,421 $32,383
2017 $3,571 $38,651 $7,977 $30,674
2016 $3,429 $36,112 $7,453 $28,659
2013 -- $35,331 $7,292 $28,039
Source: Public Records

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