NOT LISTED FOR SALE

550 Algona Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $250,000 - $267,032

3 Beds
1 Bath
1,216 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 550 Algona Ave, Elgin, IL 60120 and is currently estimated at $256,258, approximately $210 per square foot. 550 Algona Ave is a home located in Kane County with nearby schools including Coleman Elementary School, Larsen Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2004
Sold by
Sosa Carlos Alberto and Aguilar Luis
Bought by
Sosa Carlos Alberto
Current Estimated Value
$263,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$57,468
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$198,790

Purchase Details

Closed on
Aug 14, 2000
Sold by
Drehobl Gerard T and Drehobl Carole A
Bought by
Sosa Carlos Alberto and Aguilar Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,098
Interest Rate
8.24%
Mortgage Type
FHA
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

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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
Sosa Carlos Alberto -- Citywide Title Corporation
Sosa Carlos Alberto $120,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Carlos Alberto $123,500
Closed Sosa Carlos Alberto $118,098
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 $5,767 $72,063 $19,062 $53,001
2023 $5,550 $65,103 $17,221 $47,882
2022 $5,147 $59,363 $15,703 $43,660
2021 $4,952 $55,500 $14,681 $40,819
2020 $4,832 $52,983 $14,015 $38,968
2019 $4,714 $50,469 $13,350 $37,119
2018 $3,974 $40,196 $12,577 $27,619
2017 $3,908 $38,000 $11,890 $26,110
2016 $3,760 $35,254 $11,031 $24,223
2015 -- $32,314 $10,111 $22,203
2014 -- $31,915 $9,986 $21,929
2013 -- $36,728 $10,249 $26,479
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

550 Algona Ave, Elgin, IL

Not Listed for Sale

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