J
Landlord's Agent in 2025
Jacqueline Rausa
Berkshire Hathaway HomeServices American Heritage
(847) 867-2828
4 Total Sales
501 Magnolia Ln Elk Grove Village, IL 60007
Elk Grove Village East Neighborhood
3
Beds
1.5
Baths
1,278
Sq Ft
$283
Price per Sq Ft
Highlights
- Corner Lot
- Breakfast Bar
- Living Room
- Elk Grove High School Rated A
- Patio
- Laundry Room
About This Home
As of April 2025Executive rental, ultra clean. 3 bedrooms. 1 1/2 Jack and Jill bathroom. Large living room. White cabinets in a large kitchen with a great island. Stainless upscale self-cleaning stove, french door refrigerator. Bosh dishwasher. Room for a table to complete this eat-in kitchen. A pantry to hold all the extras stuff. Washer and Dryer without leaving home. Elk Grove, on a beautiful lot with leading to the garage, it also has a Patio and large yard. Easy access to O'Hare, Itasca train, minutes away from RT 390, RT 355, centrally located to shopping. Great place to live in. Call to Make an appointment. AGENT OWNED
Last Agent to Rent the Property
Berkshire Hathaway HomeServices American Heritage License #475142308 Listed on: 03/17/2025
Last Renter's Agent
Berkshire Hathaway HomeServices American Heritage License #471007753
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,856
Year Built
- Built in 1962
Lot Details
- Lot Dimensions are 70x110
- Fenced
- Corner Lot
Parking
- 1 Car Garage
- Driveway
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,278 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Sump Pump
Kitchen
- Breakfast Bar
- Range with Range Hood
- High End Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Clearmont Elementary School
- Grove Junior High School
- Elk Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Centex Subdivision
Listing and Financial Details
- Security Deposit $3,000
- Property Available on 3/17/25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2003
Sold by
Smith Patricia
Bought by
Rausa James and Rausa Jacqueline
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$69,867
Interest Rate
5.62%
Mortgage Type
Unknown
Estimated Equity
$292,224
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rausa James | $200,000 | Atgf Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rausa James | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Rented | $2,855 | +1.1% | -- |
| 03/17/2025 03/17/25 | For Rent | $2,825 | +25.6% | -- |
| 06/28/2021 06/28/21 | Rented | -- | -- | -- |
| 06/10/2021 06/10/21 | Under Contract | -- | -- | -- |
| 06/03/2021 06/03/21 | For Rent | $2,250 | +7.1% | -- |
| 06/12/2020 06/12/20 | Rented | $2,100 | -2.3% | -- |
| 04/03/2020 04/03/20 | For Rent | $2,150 | 0.0% | -- |
| 03/23/2020 03/23/20 | Off Market | $2,150 | -- | -- |
| 03/04/2020 03/04/20 | For Rent | $2,150 | +7.5% | -- |
| 04/25/2019 04/25/19 | Rented | $2,000 | +0.5% | -- |
| 01/25/2019 01/25/19 | For Rent | $1,990 | +7.6% | -- |
| 03/09/2017 03/09/17 | Rented | $1,850 | 0.0% | -- |
| 02/13/2017 02/13/17 | Price Changed | $1,850 | -1.3% | $1 / Sq Ft |
| 01/24/2017 01/24/17 | For Rent | $1,875 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,856 | $27,000 | $7,966 | $19,034 |
| 2023 | $6,597 | $27,000 | $7,966 | $19,034 |
| 2022 | $6,597 | $27,000 | $7,966 | $19,034 |
| 2021 | $5,396 | $19,438 | $4,978 | $14,460 |
| 2020 | $5,198 | $19,438 | $4,978 | $14,460 |
| 2019 | $5,258 | $21,598 | $4,978 | $16,620 |
| 2018 | $5,913 | $21,555 | $4,480 | $17,075 |
| 2017 | $5,871 | $21,555 | $4,480 | $17,075 |
| 2016 | $5,484 | $21,555 | $4,480 | $17,075 |
| 2015 | $5,365 | $20,033 | $3,733 | $16,300 |
| 2014 | $5,290 | $20,033 | $3,733 | $16,300 |
| 2013 | $5,171 | $20,033 | $3,733 | $16,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqueline Rausa
-
Vassi Saviano
Tenant's Agent in 2025
Vassi Saviano
Berkshire Hathaway HomeServices American Heritage
(847) 806-8328
4 in this area
31 Total Sales
-
A
Buyer's Agent in 2020
Audacity Genius
HomeSmart Realty Group
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12313866
APN: 08-33-411-012-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 541 Sycamore Dr
- 580 Walnut Ln
- 1194 Cedar Ln
- 1060 Warwick Ln
- 991 Cedar Ln
- 1043 Elmwood Ln
- 260 Mulberry Ln
- 943 Maple Ln
- 1457 Blackhawk Ct Unit 1
- 959 Ridge Ave
- 248 Clearmont Dr
- 930 Wilshire Ave
- 685 Maple Ct
- 851 Crest Ave
- 865 Love St
- 110 Essex Rd
- 836 Bonita Ave
- 908 Brantwood Ave
- 72 Braemar Dr
- 76 Grange Rd
- 1241 Aspen Ln
- 511 Magnolia Ln
- 500 Magnolia Ln
- 514 Dogwood Trail
- 500 Dogwood Trail
- 528 Dogwood Trail
- 1234 Aspen Ln
- 1230 Aspen Ln
- 531 Magnolia Ln
- 1240 Aspen Ln
- 542 Dogwood Trail
- 1224 Aspen Ln
- 1221 Aspen Ln
- 510 Magnolia Ln
- 551 Magnolia Ln
- 1244 Aspen Ln
- 556 Dogwood Trail
- 1220 Aspen Ln
- 1225 Carswell Ave
- 1221 Carswell Ave