NOT LISTED FOR SALE

540 Madison Ln Elgin, IL 60123

Far West Elgin Neighborhood

Estimated Value: $341,000 - $346,000

2 Beds
3 Baths
1,783 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 540 Madison Ln, Elgin, IL 60123 and is currently estimated at $343,372, approximately $192 per square foot. 540 Madison Ln is a home located in Kane County with nearby schools including Creekside Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2007
Sold by
Miller Charles P
Bought by
Rangel Jose J and Klein Sarah M
Current Estimated Value
$343,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,477
Outstanding Balance
$142,925
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$200,447
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rangel Jose J $228,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Jose J $224,477
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 $6,904 $94,264 $26,007 $68,257
2023 $6,578 $85,160 $23,495 $61,665
2022 $6,213 $77,651 $21,423 $56,228
2021 $5,942 $72,598 $20,029 $52,569
2020 $5,774 $69,306 $19,121 $50,185
2019 $5,606 $66,018 $18,214 $47,804
2018 $5,997 $66,656 $17,159 $49,497
2017 $5,864 $63,013 $16,221 $46,792
2016 $5,595 $58,459 $15,049 $43,410
2015 -- $53,583 $13,794 $39,789
2014 -- $46,346 $13,624 $32,722
2013 -- $47,568 $13,983 $33,585
Source: Public Records

Map

Illinois Kane County Elgin 60123 Far West Elgin

540 Madison Ln, Elgin, IL

Not Listed for Sale

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