NOT LISTED FOR SALE

531 Terrace Ln South Elgin, IL 60177

Thornwood Neighborhood

Estimated Value: $637,000 - $686,000

4 Beds
2 Baths
3,503 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 531 Terrace Ln, South Elgin, IL 60177 and is currently estimated at $665,932, approximately $190 per square foot. 531 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
Oct 12, 2021
Sold by
Kolodziej Michael and Kolodziej Kristina
Bought by
Stachulak Michael and Stachulak Natlaia
Current Estimated Value
$665,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$183,481
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$482,451

Purchase Details

Closed on
Feb 18, 2015
Sold by
Kolodziej Michael and Kolodziej Kristina
Bought by
Kolodziej Michael and Kolodziej Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,971
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2002
Sold by
Gladstone Builders & Developers Inc
Bought by
Kolodziej Michael and Kolodziej Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Stachulak Michael $465,000 Chicago Title
Kolodziej Michael -- Chesterfield Title Agency
Kolodziej Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stachulak Michael $215,000
Previous Owner Kolodziej Michael $245,000
Previous Owner Kolodziej Michael $255,500
Previous Owner Kolodziej Michael $259,971
Previous Owner Kolodziej Michael $49,378
Previous Owner Kolodziej Mike $302,000
Previous Owner Kolodziej Mike $300,000
Previous Owner Kolodziej Michael $298,000
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 $14,208 $184,564 $29,792 $154,772
2023 $13,584 $165,187 $26,664 $138,523
2022 $12,363 $147,522 $26,563 $120,959
2021 $11,876 $140,618 $25,320 $115,298
2020 $11,823 $137,996 $24,848 $113,148
2019 $11,638 $135,264 $24,356 $110,908
2018 $12,444 $143,641 $26,033 $117,608
2017 $11,878 $138,730 $25,143 $113,587
2016 $12,409 $133,858 $24,260 $109,598
2015 -- $130,064 $23,998 $106,066
2014 -- $125,813 $23,998 $101,815
2013 -- $126,710 $27,267 $99,443
Source: Public Records

Map

Illinois Kane County South Elgin 60177 Thornwood

531 Terrace Ln, South Elgin, IL

This home is located at 531 Terrace Ln, South Elgin, IL 60177 and is currently estimated at $665,932, approximately $190 per square foot. 531 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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