550 Algona Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $251,000 - $275,000
3
Beds
1
Bath
1,216
Sq Ft
$216/Sq Ft
Est. Value
About This Home
This home is located at 550 Algona Ave, Elgin, IL 60120 and is currently estimated at $262,118, approximately $215 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
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
$204,650
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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