531 Melrose Ct Elgin, IL 60123
Sunset Park NeighborhoodEstimated Value: $291,000 - $311,000
3
Beds
2
Baths
1,428
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 531 Melrose Ct, Elgin, IL 60123 and is currently estimated at $296,991, approximately $207 per square foot. 531 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
Dec 13, 2023
Sold by
Solano Homero
Bought by
Solano Homero and Rios Rosalia
Current Estimated Value
Purchase Details
Closed on
Jun 25, 2007
Sold by
Rios Rosalia and Solano Homero
Bought by
Solano Homero
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2000
Sold by
Rios Rosalia and Quiroz Guadalupe
Bought by
Rios Rosalia and Solano Homero
Purchase Details
Closed on
May 30, 2000
Sold by
Maras Joanne D
Bought by
Rios Rosalia and Quiroz Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,261
Interest Rate
8.14%
Mortgage Type
FHA
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 |
---|---|---|---|
Solano Homero | -- | None Listed On Document | |
Solano Homero | -- | Fatic | |
Rios Rosalia | -- | -- | |
Rios Rosalia | $151,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Solano Homero | $160,000 | |
Previous Owner | Solano Homero | $158,950 | |
Previous Owner | Solano Homero | $156,500 | |
Previous Owner | Rios Rosalia | $150,261 |
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 | $6,055 | $79,034 | $16,634 | $62,400 |
2022 | $5,729 | $72,065 | $15,167 | $56,898 |
2021 | $5,476 | $67,376 | $14,180 | $53,196 |
2020 | $5,319 | $64,321 | $13,537 | $50,784 |
2019 | $5,162 | $61,270 | $12,895 | $48,375 |
2018 | $4,885 | $55,408 | $12,148 | $43,260 |
2017 | $4,770 | $52,380 | $11,484 | $40,896 |
2016 | $4,543 | $48,594 | $10,654 | $37,940 |
2015 | -- | $44,540 | $9,765 | $34,775 |
2014 | -- | $43,990 | $9,644 | $34,346 |
2013 | -- | $45,150 | $9,898 | $35,252 |
Source: Public Records
Map
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