509 N Spring St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $298,024 - $351,000
3
Beds
2
Baths
1,908
Sq Ft
$174/Sq Ft
Est. Value
About This Home
This home is located at 509 N Spring St, Elgin, IL 60120 and is currently estimated at $332,256, approximately $174 per square foot. 509 N Spring St 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
May 27, 2008
Sold by
Babb Patricia J
Bought by
Fornell David F
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
$187,200
Outstanding Balance
$120,371
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,885
Purchase Details
Closed on
Jun 13, 2003
Sold by
Heydecker Jacqueline and Heydecker Jacqueline
Bought by
Babb Gregory S and Babb Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fornell David F | $208,000 | First American Title Ins Co | |
| Babb Gregory S | -- | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fornell David F | $187,200 | |
| Previous Owner | Babb Gregory S | $102,000 |
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 | $6,807 | $85,052 | $17,478 | $67,574 |
| 2023 | $6,550 | $76,838 | $15,790 | $61,048 |
| 2022 | $6,075 | $70,063 | $14,398 | $55,665 |
| 2021 | $5,844 | $65,504 | $13,461 | $52,043 |
| 2020 | $5,488 | $60,168 | $12,851 | $47,317 |
| 2019 | $5,353 | $57,313 | $12,241 | $45,072 |
| 2018 | $4,911 | $49,673 | $11,532 | $38,141 |
| 2017 | $4,830 | $46,959 | $10,902 | $36,057 |
| 2016 | $4,646 | $43,565 | $10,114 | $33,451 |
| 2015 | -- | $39,931 | $9,270 | $30,661 |
| 2014 | -- | $39,438 | $9,156 | $30,282 |
| 2013 | -- | $45,964 | $9,398 | $36,566 |
Source: Public Records
Map
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