55 S Melrose Ave Elgin, IL 60123
Near West Elgin NeighborhoodEstimated 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
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%
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Home Values in the Area
Average Home Value in this Area
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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