NOT LISTED FOR SALE

642 Franklin Dr South Elgin, IL 60177

Estimated Value: $394,000 - $517,508

4 Beds
3 Baths
3,030 Sq Ft
$157/Sq Ft Est. Value

About This Home

This home is located at 642 Franklin Dr, South Elgin, IL 60177 and is currently estimated at $475,377, approximately $156 per square foot. 642 Franklin Dr 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
Aug 5, 2004
Sold by
Dorrance Michael D and Dorrance Christine A
Bought by
Altergott Scott D and Boehle Altergott Monica
Current Estimated Value
$475,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$116,195
Interest Rate
4.87%
Mortgage Type
Stand Alone First
Estimated Equity
$342,849

Purchase Details

Closed on
May 30, 2002
Sold by
Dorrance Michael D and Dorrance Christine A
Bought by
Dorrance Michael D and Dorrance Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 18, 2002
Sold by
Lundquist Shirley A
Bought by
Dorrance Michael D and Dorrance Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.92%
Mortgage Type
Unknown
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.

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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

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.

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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
Altergott Scott D $310,000 Chicago Title Insurance Co
Dorrance Michael D -- Fox Title Company
Dorrance Michael D $60,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altergott Scott D $248,000
Closed Altergott Scott D $248,000
Previous Owner Dorrance Michael D $232,000
Previous Owner Dorrance Michael D $25,000
Previous Owner Dorrance Michael D $230,000
Previous Owner Dorrance Michael D $20,000
Previous Owner Dorrance Michael D $230,000
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 $11,305 $151,266 $28,605 $122,661
2023 $10,794 $136,657 $25,842 $110,815
2022 $10,207 $124,607 $23,563 $101,044
2021 $9,623 $116,499 $22,030 $94,469
2020 $8,960 $106,921 $21,031 $85,890
2019 $8,637 $101,849 $20,033 $81,816
2018 $8,478 $95,948 $18,872 $77,076
2017 $8,006 $90,705 $17,841 $72,864
2016 $7,636 $84,150 $16,552 $67,598
2015 -- $77,131 $15,171 $61,960
2014 -- $76,179 $14,984 $61,195
2013 -- $77,647 $15,379 $62,268
Source: Public Records

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