NOT LISTED FOR SALE

Estimated Value: $272,000 - $288,974

1 Bed
2 Baths
1,585 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 563 Lancaster Cir, Elgin, IL 60123 and is currently estimated at $281,994, approximately $177 per square foot. 563 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
Oct 25, 2022
Sold by
Kramer Mitchell W and Kramer Hannah M
Bought by
Thakkar Ketan S and Thakkar Hemangini K
Current Estimated Value
$292,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Outstanding Balance
$161,974
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$120,020

Purchase Details

Closed on
Jun 1, 2016
Sold by
Jean Garnnon John Anthony and Jean Garnnon Barbara
Bought by
Kramer Mitchell W and Kramer Hannah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2005
Sold by
Carso Barbara J and Gannon Barbara Jean
Bought by
Gannon John Anthony and Gannon Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 29, 2000
Sold by
Goduto Robert T and Goduto Melanie M
Bought by
Carso Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1995
Sold by
Westfield Homes Of Illinois Inc
Bought by
Goduto Robert T and Goduto Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,700
Interest Rate
7.64%
Mortgage Type
FHA
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

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Quantarium

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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
Thakkar Ketan S $235,000 --
Kramer Mitchell W $152,000 First American Title
Gannon John Anthony -- Prairie Title
Carso Barbara J $153,000 First American Title Ins Co
Goduto Robert T $131,000 Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakkar Ketan S $176,250
Previous Owner Kramer Mitchell W $7,500
Previous Owner Kramer Mitchell W $144,400
Previous Owner Gannon John Anthony $136,000
Previous Owner Carso Barbara J $142,800
Previous Owner Goduto Robert T $125,700
Source: Public Records

Tax History Compared to Growth

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 $5,733 $79,640 $14,316 $65,324
2023 $5,451 $71,948 $12,933 $59,015
2022 $5,168 $65,604 $11,793 $53,811
2021 $4,937 $61,335 $11,026 $50,309
2020 $4,793 $58,554 $10,526 $48,028
2019 $4,649 $55,777 $10,027 $45,750
2018 $4,602 $52,545 $9,446 $43,099
2017 $4,492 $49,674 $8,930 $40,744
2016 $4,275 $46,084 $8,285 $37,799
2015 -- $42,240 $7,594 $34,646
2014 -- $41,718 $7,500 $34,218
2013 -- $42,819 $7,698 $35,121
Source: Public Records

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