NOT LISTED FOR SALE

585 Covered Bridge Dr Elgin, IL 60124

Estimated Value: $356,000 - $384,000

3 Beds
3 Baths
1,725 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 585 Covered Bridge Dr, Elgin, IL 60124 and is currently estimated at $370,706, approximately $214 per square foot. 585 Covered Bridge Dr is a home located in Kane County with nearby schools including Howard B. Thomas Grade School, Prairie Knolls Middle School, and Central Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2006
Sold by
Kane David T
Bought by
Kane David T and Kane Leana
Current Estimated Value
$370,706

Purchase Details

Closed on
Aug 4, 2004
Sold by
Patel Rajendra and Patel Kina
Bought by
Kane David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2000
Sold by
Frederickson Scott A and Frederickson Deborah A
Bought by
Patel Rajendra and Patel Kina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kane David T -- None Available
Kane David T $226,500 Multiple
Patel Rajendra $185,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane David T $162,005
Closed Kane David T $181,200
Previous Owner Patel Rajendra $55,000
Previous Owner Patel Rajendra $130,000
Previous Owner Patel Rajendra $135,000
Closed Kane David T $22,650
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
2023 $8,633 $100,041 $25,582 $74,459
2022 $8,164 $91,220 $23,326 $67,894
2021 $7,886 $85,284 $21,808 $63,476
2020 $7,651 $81,417 $20,819 $60,598
2019 $7,413 $77,554 $19,831 $57,723
2018 $7,024 $73,061 $18,682 $54,379
2017 $6,752 $69,069 $17,661 $51,408
2016 $6,714 $64,078 $16,385 $47,693
2015 -- $58,733 $15,018 $43,715
2014 -- $52,952 $14,833 $38,119
2013 -- $54,349 $15,224 $39,125
Source: Public Records

Map

Illinois Kane County Elgin 60124

585 Covered Bridge Dr, Elgin, IL

This home is located at 585 Covered Bridge Dr, Elgin, IL 60124 and is currently estimated at $370,706, approximately $214 per square foot. 585 Covered Bridge Dr is a home located in Kane County with nearby schools including Howard B. Thomas Grade School, Prairie Knolls Middle School, and Central Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes