NOT LISTED FOR SALE

561 S Commonwealth Ave Elgin, IL 60123

Southwest Elgin Neighborhood

Estimated Value: $261,762 - $301,000

2 Beds
2 Baths
1,065 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 561 S Commonwealth Ave, Elgin, IL 60123 and is currently estimated at $276,941, approximately $260 per square foot. 561 S Commonwealth 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 4, 2010
Sold by
Olson Dorothy F
Bought by
Lopez Miguel and Lopez Marisol
Current Estimated Value
$276,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,965
Outstanding Balance
$87,667
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$189,274
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

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.

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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.

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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
Lopez Miguel $134,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Miguel $131,965
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 $5,256 $73,681 $15,901 $57,780
2023 $4,992 $66,565 $14,365 $52,200
2022 $4,743 $60,695 $13,098 $47,597
2021 $4,527 $56,746 $12,246 $44,500
2020 $4,394 $54,173 $11,691 $42,482
2019 $4,259 $51,603 $11,136 $40,467
2018 $3,905 $45,498 $10,491 $35,007
2017 $3,807 $43,012 $9,918 $33,094
2016 $3,616 $39,903 $9,201 $30,702
2015 -- $36,575 $8,434 $28,141
2014 -- $36,124 $8,330 $27,794
2013 -- $37,077 $8,550 $28,527
Source: Public Records

Map

Illinois Kane County Elgin 60123 Southwest Elgin

561 S Commonwealth Ave, Elgin, IL

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