NOT LISTED FOR SALE

514 Illinois Ave Elgin, IL 60120

Southeast Elgin Neighborhood

Estimated Value: $203,000 - $265,000

3 Beds
1 Bath
964 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 514 Illinois Ave, Elgin, IL 60120 and is currently estimated at $231,872, approximately $240 per square foot. 514 Illinois Ave is a home located in Kane County with nearby schools including Huff Elementary School, Ellis Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2001
Sold by
Perkins William E
Bought by
Lopez Jorge and Ramirez Maria Elena
Current Estimated Value
$231,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,812
Interest Rate
7.13%
Mortgage Type
FHA
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
Lopez Jorge $135,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ramirez Maria Elena $8,300
Closed Lopez Jorge $6,500
Closed Lopez Jorge $137,000
Closed Lopez Jorge $137,950
Previous Owner Lopez Jorge $132,812
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 $4,318 $61,952 $14,434 $47,518
2023 $4,089 $55,969 $13,040 $42,929
2022 $3,905 $51,034 $11,890 $39,144
2021 $3,722 $47,713 $11,116 $36,597
2020 $3,455 $43,885 $10,612 $33,273
2019 $3,344 $41,804 $10,109 $31,695
2018 $2,937 $35,702 $9,523 $26,179
2017 $2,854 $33,752 $9,003 $24,749
2016 $2,700 $31,312 $8,352 $22,960
2015 -- $28,700 $7,655 $21,045
2014 -- $28,345 $7,560 $20,785
2013 -- $32,857 $7,759 $25,098
Source: Public Records

Map

Illinois Kane County Elgin 60120 Southeast Elgin

514 Illinois Ave, Elgin, IL

This home is located at 514 Illinois Ave, Elgin, IL 60120 and is currently estimated at $231,872, approximately $240 per square foot. 514 Illinois Ave is a home located in Kane County with nearby schools including Huff Elementary School, Ellis Middle School, and Elgin High School.

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