NOT LISTED FOR SALE

Estimated Value: $218,479 - $284,000

1 Bed
1 Bath
1,087 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 55 S Melrose Ave, Elgin, IL 60123 and is currently estimated at $242,870, approximately $223 per square foot. 55 S Melrose Ave 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
May 23, 2023
Sold by
Mack Jeffrey G and Mack Debra D
Bought by
Mack Family Living Trust and Mack
Current Estimated Value
$242,870

Purchase Details

Closed on
Jun 29, 1995
Sold by
Barnwell Mark A and Barnwell Shawn L
Bought by
Mack Jeffrey G and Mack Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
7.9%
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

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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
Mack Family Living Trust -- None Listed On Document
Mack Jeffrey G $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mack Jeffrey G $76,800
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 $4,151 $59,875 $14,313 $45,562
2023 $3,929 $54,093 $12,931 $41,162
2022 $3,757 $49,324 $11,791 $37,533
2021 $3,579 $46,115 $11,024 $35,091
2020 $3,468 $44,024 $10,524 $33,500
2019 $3,356 $41,936 $10,025 $31,911
2018 $3,313 $39,506 $9,444 $30,062
2017 $3,224 $37,347 $8,928 $28,419
2016 $3,055 $34,648 $8,283 $26,365
2015 -- $31,758 $7,592 $24,166
2014 -- $31,366 $7,498 $23,868
2013 -- $32,194 $7,696 $24,498
Source: Public Records

Map

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