NOT LISTED FOR SALE

581 Lancaster Cir Elgin, IL 60123

College Green Neighborhood

Estimated Value: $260,000 - $271,000

2 Beds
2 Baths
1,392 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 581 Lancaster Cir, Elgin, IL 60123 and is currently estimated at $266,718, approximately $191 per square foot. 581 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
Dec 6, 2004
Sold by
Chutka Steve J and Chutka Megan L
Bought by
Caribacas Curt and Caribacas Cynthia N
Current Estimated Value
$266,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,120
Outstanding Balance
$73,667
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,051

Purchase Details

Closed on
Sep 30, 2001
Sold by
Chutka Steven J and Chutka Megan L
Bought by
Chutka Steven J and Chutka Megan L

Purchase Details

Closed on
Jan 30, 2001
Sold by
Favale Adrienne K
Bought by
Chutka Steven J and Schwartzwalder Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2000
Sold by
Favale Thomas C and Favale Adrienne
Bought by
Favale Adrienne K and The Adrienne K Favale Declaration Trst

Purchase Details

Closed on
Oct 31, 1997
Sold by
Favale Paul K and Favale Melodi D
Bought by
Favale Thomas C and Favale Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1995
Sold by
Flashing Melodi
Bought by
Favale Paul K and Favale Melodi D

Purchase Details

Closed on
Nov 14, 1994
Sold by
Westfield Homes Of Illinois Inc
Bought by
Flashing Melodi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Caribacas Curt $174,000 Chicago Title Insurance Comp
Chutka Steven J -- --
Chutka Steven J $135,000 --
Favale Adrienne K -- --
Favale Thomas C $82,666 Chicago Title Insurance Co
Favale Paul K -- --
Flashing Melodi D $120,000 Ticor Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caribacas Curt $139,120
Previous Owner Chutka Steven J $108,000
Previous Owner Favale Thomas C $86,800
Previous Owner Flashing Melodi D $113,850
Closed Caribacas Curt $34,780
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 $4,418 $63,201 $15,178 $48,023
2023 $4,185 $57,097 $13,712 $43,385
2022 $3,994 $52,063 $12,503 $39,560
2021 $3,807 $48,675 $11,689 $36,986
2020 $3,691 $46,468 $11,159 $35,309
2019 $3,574 $44,264 $10,630 $33,634
2018 $3,529 $41,699 $10,014 $31,685
2017 $3,437 $39,421 $9,467 $29,954
2016 $3,261 $36,572 $8,783 $27,789
2015 -- $33,521 $8,050 $25,471
2014 -- $33,108 $7,951 $25,157
2013 -- $33,982 $8,161 $25,821
Source: Public Records

Map

Illinois Kane County Elgin 60123 College Green

581 Lancaster Cir, Elgin, IL

Not Listed for Sale

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