NOT LISTED FOR SALE

504 Prospect St Unit 506 Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $369,000 - $416,000

4 Beds
4 Baths
2,583 Sq Ft
$151/Sq Ft Est. Value

About This Home

This home is located at 504 Prospect St Unit 506, Elgin, IL 60120 and is currently estimated at $391,258, approximately $151 per square foot. 504 Prospect St Unit 506 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
Mar 4, 2020
Sold by
Lara Daniel
Bought by
504 506 Prospect Street Llc
Current Estimated Value
$391,258

Purchase Details

Closed on
Feb 1, 2005
Sold by
Lara Daniel
Bought by
Lara Daniel and Ramos Raymundo

Purchase Details

Closed on
Nov 2, 2004
Sold by
Tyler Cody
Bought by
Lara Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2004
Sold by
Hud
Bought by
Tyler Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1998
Sold by
Pena Maria M
Bought by
Cervantes Joel and Pena Haydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,132
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1997
Sold by
Garcia Juan C
Bought by
Pena Maria M

Purchase Details

Closed on
Apr 8, 1996
Sold by
Williams Roger L
Bought by
Garcia Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,929
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1996
Sold by
Burge Richard W and Burge Marilyn J
Bought by
Williams Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,929
Interest Rate
7.86%
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
504 506 Prospect Street Llc -- None Available
Lara Daniel -- Multiple
Lara Daniel $280,000 Chicago Title Insurance Comp
Tyler Cody -- Stewart Title Company
Cervantes Joel $194,500 --
Pena Maria M -- --
Garcia Juan C $142,500 Chicago Title Insurance Co
Williams Roger L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Daniel $224,000
Previous Owner Tyler Cody $167,400
Previous Owner Cervantes Joel $187,132
Previous Owner Garcia Juan C $139,929
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 $8,760 $109,467 $18,185 $91,282
2023 $8,430 $98,895 $16,429 $82,466
2022 $7,226 $83,339 $14,980 $68,359
2021 $6,951 $77,916 $14,005 $63,911
2020 $6,784 $74,383 $13,370 $61,013
2019 $6,618 $70,855 $12,736 $58,119
2018 $6,599 $66,750 $11,998 $54,752
2017 $6,490 $63,102 $11,342 $51,760
2016 $6,243 $58,541 $10,522 $48,019
2015 -- $53,658 $9,644 $44,014
2014 -- $52,996 $9,525 $43,471
2013 -- $54,394 $9,776 $44,618
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

504 Prospect St Unit 506, Elgin, IL

Not Listed for Sale

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