NOT LISTED FOR SALE

609 Preston Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $274,000 - $310,000

3 Beds
1 Bath
1,749 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 609 Preston Ave, Elgin, IL 60120 and is currently estimated at $291,796, approximately $166 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
$289,503

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
$196,741

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%
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
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

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 $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

Illinois Kane County Elgin 60120 Northeast Elgin

609 Preston Ave, Elgin, IL

Not Listed for Sale

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