NOT LISTED FOR SALE

511 Terrace Ln South Elgin, IL 60177

Thornwood Neighborhood

Estimated Value: $551,000 - $579,000

4 Beds
2 Baths
2,526 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 511 Terrace Ln, South Elgin, IL 60177 and is currently estimated at $562,946, approximately $222 per square foot. 511 Terrace Ln is a home located in Kane County with nearby schools including Corron Elementary School, Wredling Middle School, and St Charles North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2005
Sold by
Funke Dean
Bought by
Funke Silvia
Current Estimated Value
$562,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2002
Sold by
Keim Corp
Bought by
Funke Dean and Funke Silvia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
6.41%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Funke Silvia -- --
Funke Dean $330,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funke Silvia $281,000
Closed Funke Silvia $273,085
Closed Funke Silvia $283,882
Closed Funke Silvia $254,790
Closed Funke Silvia S $284,000
Closed Funke Dean $265,000
Closed Funke Dean $262,800
Closed Funke Dean $32,850
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 $10,621 $139,987 $29,792 $110,195
2023 $10,136 $125,290 $26,664 $98,626
2022 $10,004 $120,517 $26,563 $93,954
2021 $9,605 $114,877 $25,320 $89,557
2020 $9,560 $112,735 $24,848 $87,887
2019 $9,409 $110,503 $24,356 $86,147
2018 $9,919 $115,708 $26,033 $89,675
2017 $9,463 $111,752 $25,143 $86,609
2016 $9,883 $107,827 $24,260 $83,567
2015 -- $103,640 $23,998 $79,642
2014 -- $97,421 $23,998 $73,423
2013 -- $98,807 $27,267 $71,540
Source: Public Records

Map

Illinois Kane County South Elgin 60177 Thornwood

511 Terrace Ln, South Elgin, IL

This home is located at 511 Terrace Ln, South Elgin, IL 60177 and is currently estimated at $562,946, approximately $222 per square foot. 511 Terrace Ln is a home located in Kane County with nearby schools including Corron Elementary School, Wredling Middle School, and St Charles North High School.

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