524 Melrose Ct Elgin, IL 60123
Sunset Park NeighborhoodEstimated Value: $210,000 - $282,359
2
Beds
2
Baths
950
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 524 Melrose Ct, Elgin, IL 60123 and is currently estimated at $260,340, approximately $274 per square foot. 524 Melrose Ct is a home located in Kane County with nearby schools including Harriet Gifford Elementary School, Abbott Middle School, and Larkin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2011
Sold by
Salas Ramon and Salas Cristina
Bought by
Aguilera Ma Soledad
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
$77,972
Outstanding Balance
$54,901
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$218,796
Purchase Details
Closed on
Aug 21, 2002
Sold by
Nyari Larry J and Nyari Patricia K
Bought by
Salas Ramon and Salas Cristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
8.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Aguilera Ma Soledad | $80,000 | Lakeshore Title Agency | |
Salas Ramon | $152,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Aguilera Ma Soledad | $6,671 | |
Open | Aguilera Ma Soledad | $77,972 | |
Previous Owner | Salas Ramon | $185,136 | |
Previous Owner | Salas Ramon | $140,000 | |
Previous Owner | Salas Ramon | $35,000 | |
Previous Owner | Salas Cristina | $144,000 | |
Previous Owner | Salas Ramon | $121,600 |
Source: Public Records
Tax History Compared to Growth
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 |
---|---|---|---|---|
2023 | $5,636 | $74,120 | $17,565 | $56,555 |
2022 | $5,340 | $67,584 | $16,016 | $51,568 |
2021 | $5,102 | $63,186 | $14,974 | $48,212 |
2020 | $4,954 | $60,321 | $14,295 | $46,026 |
2019 | $4,806 | $57,460 | $13,617 | $43,843 |
2018 | $4,759 | $54,131 | $12,828 | $41,303 |
2017 | $4,646 | $51,173 | $12,127 | $39,046 |
2016 | $4,423 | $47,475 | $11,251 | $36,224 |
2015 | -- | $43,516 | $10,313 | $33,203 |
2014 | -- | $42,979 | $10,186 | $32,793 |
2013 | -- | $44,113 | $10,455 | $33,658 |
Source: Public Records
Map
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