NOT LISTED FOR SALE

538 Locust St Unit 540 Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $404,000 - $454,000

7 Beds
4 Baths
3,524 Sq Ft
$121/Sq Ft Est. Value

About This Home

This home is located at 538 Locust St Unit 540, Elgin, IL 60123 and is currently estimated at $427,812, approximately $121 per square foot. 538 Locust St Unit 540 is a home located in Kane County with nearby schools including Washington Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Moll Arif K
Bought by
Milestone Real Estate Llc
Current Estimated Value
$427,812

Purchase Details

Closed on
Jul 29, 2019
Sold by
Jarvis Robert
Bought by
Molla Arif K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,125
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2019
Sold by
Weststar Industries Llc
Bought by
Jarvis Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,125
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Jarvis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2008
Sold by
Campbell Erick C
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
May 13, 2005
Sold by
Chubin Edward
Bought by
Campbell Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Hud
Bought by
Chubin Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2003
Sold by
Gonzales Jesus
Bought by
Hud

Purchase Details

Closed on
Oct 19, 1999
Sold by
Valenzuela Arturo and Rodriguez Rosalinda
Bought by
Avila Rosa and Campos Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,549
Interest Rate
7.78%
Mortgage Type
FHA

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

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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
Milestone Real Estate Llc -- None Available
Molla Arif K $138,750 Attorneys Ttl Guaranty Fund
Jarvis Robert C -- Attorney
Jarvis Robert $151,500 First American Title
Hsbc Bank Usa -- None Available
Campbell Erick $350,000 Chicago Title Insurance Comp
Chubin Edward -- Stewart Title Company
Hud -- --
Avila Rosa $215,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molla Arif K $208,500
Previous Owner Molla Arif K $208,125
Previous Owner Jarvis Robert C $199,612
Previous Owner Jarvis Robert C $180,000
Previous Owner Campbell Erick $280,000
Previous Owner Chubin Edward $164,900
Previous Owner Avila Rosa $213,549
Closed Campbell Erick $70,000
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
2023 $8,481 $99,485 $16,429 $83,056
2022 $7,269 $83,828 $14,980 $68,848
2021 $6,992 $78,373 $14,005 $64,368
2020 $6,824 $74,819 $13,370 $61,449
2019 $6,656 $71,270 $12,736 $58,534
2018 $6,638 $67,141 $11,998 $55,143
2017 $6,528 $63,472 $11,342 $52,130
2016 $6,280 $58,885 $10,522 $48,363
2015 -- $53,973 $9,644 $44,329
2014 -- $53,307 $9,525 $43,782
2013 -- $54,713 $9,776 $44,937
Source: Public Records

Map

Illinois Kane County Elgin 60123 Near West Elgin

538 Locust St Unit 540, Elgin, IL

Homes for Sale in Elgin, IL

This home is located at 538 Locust St Unit 540, Elgin, IL 60123 and is currently estimated at $427,812, approximately $121 per square foot. 538 Locust St Unit 540 is a home located in Kane County with nearby schools including Washington Elementary School, Abbott Middle School, and Larkin 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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