NOT LISTED FOR SALE

509 N Spring St Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $321,658 - $347,000

3 Beds
2 Baths
1,908 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 509 N Spring St, Elgin, IL 60120 and is currently estimated at $336,165, approximately $176 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
$336,165

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
$215,794

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
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
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 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 $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

Illinois Kane County Elgin 60120 Northeast Elgin

509 N Spring St, Elgin, IL

This home is located at 509 N Spring St, Elgin, IL 60120 and is currently estimated at $336,165, approximately $176 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.

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