NOT LISTED FOR SALE

616 Independence Ave Unit 6 South Elgin, IL 60177

Estimated Value: $375,000 - $401,000

3 Beds
2 Baths
1,427 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 616 Independence Ave Unit 6, South Elgin, IL 60177 and is currently estimated at $387,464, approximately $271 per square foot. 616 Independence Ave Unit 6 is a home located in Kane County with nearby schools including Clinton Elementary School, Kenyon Woods Middle School, and South Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Lynch Thomas R
Bought by
Lynch Thomas R and Thomas R Lynch Revocable Trust
Current Estimated Value
$378,653

Purchase Details

Closed on
Feb 21, 1996
Sold by
Linhart Larry and Linhart Marcia
Bought by
Linhart Larry

Purchase Details

Closed on
Feb 2, 1996
Sold by
Linhart Larry and Linhart Marcia
Bought by
Linhart Marcia

Purchase Details

Closed on
Aug 31, 1995
Sold by
Linhart Marcia and Linhart Larry
Bought by
Lynch Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.76%

Purchase Details

Closed on
May 10, 1995
Sold by
Linhart Larry and Linhart Marcia
Bought by
Linhart Larry
Source: Public Records

Range of Values:

Collateral Analytics

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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

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.

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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
Lynch Thomas R -- Attorney
Linhart Larry -- --
Linhart Marcia -- --
Lynch Thomas R $157,000 Advanced Title Services Inc
Linhart Larry -- --
Linhart Marcia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Thomas R $165,000
Closed Lynch Thomas R $100,000
Closed Lynch Thomas R $174,800
Closed Lynch Thomas R $130,000
Closed Lynch Thomas R $70,000
Closed Lynch Thomas R $125,000
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 $3,263 $113,613 $26,700 $86,913
2023 $3,469 $102,640 $24,121 $78,519
2022 $3,988 $93,590 $21,994 $71,596
2021 $6,662 $87,500 $20,563 $66,937
2020 $4,115 $80,490 $19,631 $60,859
2019 $4,176 $76,672 $18,700 $57,972
2018 $4,368 $72,230 $17,617 $54,613
2017 $4,413 $68,283 $16,654 $51,629
2016 $4,562 $63,348 $15,450 $47,898
2015 -- $58,064 $14,161 $43,903
2014 -- $57,347 $13,986 $43,361
2013 -- $58,860 $14,355 $44,505
Source: Public Records

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