581 Lancaster Cir Elgin, IL 60123
College Green NeighborhoodEstimated Value: $260,000 - $277,000
2
Beds
2
Baths
1,392
Sq Ft
$193/Sq Ft
Est. Value
About This Home
This home is located at 581 Lancaster Cir, Elgin, IL 60123 and is currently estimated at $268,539, approximately $192 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
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
$194,872
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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
| 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
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