551 Melrose Ct Elgin, IL 60123
Sunset Park NeighborhoodEstimated Value: $299,000 - $334,000
3
Beds
2
Baths
1,641
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 551 Melrose Ct, Elgin, IL 60123 and is currently estimated at $315,340, approximately $192 per square foot. 551 Melrose Ct 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
Sep 7, 2001
Sold by
Mendel Michael R and Mendel Stacie A
Bought by
Deleon Ricardo and Deleon Elizabeth
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
$152,550
Interest Rate
7.03%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Deleon Ricardo | $169,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Deleon Ricardo | $153,200 | |
Closed | Deleon Ricardo | $174,617 | |
Closed | Deleon Ricardo | $204,619 | |
Closed | Deleon Ricardo | $25,000 | |
Closed | Deleon Ricardo | $179,800 | |
Closed | Deleon Ricardo | $10,200 | |
Closed | Deleon Ricardo | $173,500 | |
Closed | Deleon Ricardo | $10,000 | |
Closed | Deleon Ricardo | $152,550 | |
Previous Owner | Mendel Michael A | $68,576 | |
Previous Owner | Mendel Michael R | $79,600 |
Source: Public Records
Tax History Compared to Growth
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 | $6,483 | $89,006 | $16,745 | $72,261 |
2023 | $6,173 | $80,410 | $15,128 | $65,282 |
2022 | $5,837 | $73,320 | $13,794 | $59,526 |
2021 | $5,580 | $68,549 | $12,896 | $55,653 |
2020 | $5,421 | $65,440 | $12,311 | $53,129 |
2019 | $5,262 | $62,336 | $11,727 | $50,609 |
2018 | $5,213 | $58,725 | $11,048 | $47,677 |
2017 | $5,093 | $55,516 | $10,444 | $45,072 |
2016 | $4,853 | $51,504 | $9,689 | $41,815 |
2015 | -- | $47,208 | $8,881 | $38,327 |
2014 | -- | $46,625 | $8,771 | $37,854 |
2013 | -- | $47,854 | $9,002 | $38,852 |
Source: Public Records
Map
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