NOT LISTED FOR SALE

56 Monroe Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $294,987 - $330,000

4 Beds
3 Baths
2,055 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 56 Monroe Ave, Elgin, IL 60123 and is currently estimated at $315,497, approximately $153 per square foot. 56 Monroe Ave is a home located in Kane County with nearby schools including Washington Elementary School, Abbott Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Arnold Michael and Arnold Pamela
Bought by
Tabb Gavin
Current Estimated Value
$315,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,725
Outstanding Balance
$166,535
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$148,962

Purchase Details

Closed on
Jan 29, 2004
Sold by
Hayward Donald R and Hayward Marie J
Bought by
Arnold Michael and Arnold Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,375
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tabb Gavin $192,500 First American Title
Arnold Michael $242,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabb Gavin $186,725
Previous Owner Arnold Michael $230,375
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 $4,881 $68,994 $16,613 $52,381
2023 $4,631 $62,331 $15,009 $47,322
2022 $4,408 $56,835 $13,686 $43,149
2021 $4,205 $53,136 $12,795 $40,341
2020 $7,191 $78,847 $12,215 $66,632
2019 $7,015 $75,107 $11,636 $63,471
2018 $5,933 $66,007 $10,962 $55,045
2017 $5,801 $62,400 $10,363 $52,037
2016 $5,534 $57,890 $9,614 $48,276
2015 -- $53,061 $8,812 $44,249
2014 -- $52,406 $8,703 $43,703
2013 -- $53,789 $8,933 $44,856
Source: Public Records

Map

Illinois Kane County Elgin 60123 Near West Elgin

56 Monroe Ave, Elgin, IL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes