609 Preston Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $267,000 - $310,000
3
Beds
1
Bath
1,749
Sq Ft
$166/Sq Ft
Est. Value
About This Home
This home is located at 609 Preston Ave, Elgin, IL 60120 and is currently estimated at $289,503, approximately $165 per square foot. 609 Preston Ave is a home located in Kane County with nearby schools including Lincoln Elementary School, Larsen Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 9, 2005
Sold by
Spencer W Scott and Spencer Carrie L
Bought by
Sanchez Francisco and Nieto Alejandro
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
$172,000
Outstanding Balance
$95,055
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$194,448
Purchase Details
Closed on
Oct 29, 1998
Sold by
Wescott Wesley H and Krehl Wescott Sheri L
Bought by
Spencer Scott and Spencer Carrie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanchez Francisco | $215,000 | Chicago Title Insurance Comp | |
| Spencer Scott | $133,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanchez Francisco | $172,000 | |
| Previous Owner | Spencer Scott | $120,000 | |
| Closed | Sanchez Francisco | $43,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,107 | $84,311 | $14,440 | $69,871 |
| 2023 | $5,811 | $76,168 | $13,045 | $63,123 |
| 2022 | $5,502 | $69,452 | $11,895 | $57,557 |
| 2021 | $5,258 | $64,933 | $11,121 | $53,812 |
| 2020 | $4,883 | $59,543 | $10,617 | $48,926 |
| 2019 | $4,737 | $56,718 | $10,113 | $46,605 |
| 2018 | $4,489 | $51,407 | $9,527 | $41,880 |
| 2017 | $4,381 | $48,598 | $9,006 | $39,592 |
| 2016 | $4,169 | $45,086 | $8,355 | $36,731 |
| 2015 | -- | $41,325 | $7,658 | $33,667 |
| 2014 | -- | $40,814 | $7,563 | $33,251 |
| 2013 | -- | $47,914 | $7,763 | $40,151 |
Source: Public Records
Map
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