508 Mill St Elgin, IL 60123
Grant Park NeighborhoodEstimated Value: $156,000 - $261,000
4
Beds
2
Baths
1,560
Sq Ft
$147/Sq Ft
Est. Value
About This Home
This home is located at 508 Mill St, Elgin, IL 60123 and is currently estimated at $228,998, approximately $146 per square foot. 508 Mill St is a home located in Kane County with nearby schools including Highland Elementary School, Kimball Middle School, and Larkin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2019
Sold by
Wilder Of Settle Back Llc
Bought by
Red Tailed Enterprises Llc
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
$85,000
Outstanding Balance
$74,584
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$154,414
Purchase Details
Closed on
Sep 9, 2008
Sold by
Ib Property Holdings Llc
Bought by
Wilder Of Settle Back Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,960
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2008
Sold by
Romo Jesus
Bought by
Ib Property Holdings Llc
Purchase Details
Closed on
May 24, 2006
Sold by
Flores Juana
Bought by
Romo Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 17, 2002
Sold by
Villarreal Ofelia
Bought by
Flores Juana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
6.32%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 31, 2001
Sold by
Wiedmeyer Daniel W and Wiedmeyer Barbara E
Bought by
Villarreal Ofelia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Red Tailed Enterprises Llc | $100,000 | Fidelity National Title | |
| Wilder Of Settle Back Llc | $103,500 | First American Title | |
| Ib Property Holdings Llc | -- | None Available | |
| Romo Jesus | $215,000 | Atg | |
| Flores Juana | $185,000 | Chicago Title Insurance Co | |
| Villarreal Ofelia | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Red Tailed Enterprises Llc | $85,000 | |
| Previous Owner | Wilder Of Settle Back Llc | $88,960 | |
| Previous Owner | Romo Jesus | $215,000 | |
| Previous Owner | Flores Juana | $182,141 |
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 | $4,982 | $62,250 | $13,875 | $48,375 |
| 2023 | $4,794 | $56,238 | $12,535 | $43,703 |
| 2022 | $4,447 | $51,280 | $11,430 | $39,850 |
| 2021 | $4,277 | $47,943 | $10,686 | $37,257 |
| 2020 | $4,174 | $45,769 | $10,201 | $35,568 |
| 2019 | $4,072 | $43,598 | $9,717 | $33,881 |
| 2018 | $4,061 | $41,072 | $9,154 | $31,918 |
| 2017 | $3,994 | $38,828 | $8,654 | $30,174 |
| 2016 | $3,842 | $36,022 | $8,029 | $27,993 |
| 2015 | -- | $33,017 | $7,359 | $25,658 |
| 2014 | -- | $32,609 | $7,268 | $25,341 |
| 2013 | -- | $37,123 | $7,460 | $29,663 |
Source: Public Records
Map
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