562 Lancaster Cir Elgin, IL 60123
College Green NeighborhoodEstimated Value: $253,000 - $282,000
2
Beds
2
Baths
1,444
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 562 Lancaster Cir, Elgin, IL 60123 and is currently estimated at $271,212, approximately $187 per square foot. 562 Lancaster Cir is a home located in Kane County with nearby schools including Otter Creek Elementary School, Abbott Middle School, and South Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2016
Sold by
Vance Russell R
Bought by
Keovongsak Sol Mila
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
$119,438
Outstanding Balance
$99,237
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$171,975
Purchase Details
Closed on
Jul 7, 2014
Sold by
Vance Russell R
Bought by
Vance Russell R and Russell R Vance Revocable Declaration Of
Purchase Details
Closed on
Nov 27, 1995
Sold by
Westfield Homes Of Illinois Inc
Bought by
Vance Russell Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,092
Interest Rate
7.45%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keovongsak Sol Mila | $134,500 | Chicago Title Insurance Co | |
| Vance Russell R | -- | None Available | |
| Vance Russell Ray | $125,000 | Ticor Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keovongsak Sol Mila | $119,438 | |
| Previous Owner | Vance Russell Ray | $127,092 |
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 | $4,754 | $67,410 | $15,697 | $51,713 |
| 2023 | $4,509 | $60,900 | $14,181 | $46,719 |
| 2022 | $4,295 | $55,531 | $12,931 | $42,600 |
| 2021 | $4,097 | $51,918 | $12,090 | $39,828 |
| 2020 | $3,973 | $49,564 | $11,542 | $38,022 |
| 2019 | $3,849 | $47,212 | $10,994 | $36,218 |
| 2018 | $3,804 | $44,477 | $10,357 | $34,120 |
| 2017 | $3,708 | $42,047 | $9,791 | $32,256 |
| 2016 | $3,520 | $39,008 | $9,083 | $29,925 |
| 2015 | -- | $35,754 | $8,325 | $27,429 |
| 2014 | -- | $35,312 | $8,222 | $27,090 |
| 2013 | -- | $36,244 | $8,439 | $27,805 |
Source: Public Records
Map
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