707 Cedar Ave Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $309,000 - $367,000
4
Beds
3
Baths
1,620
Sq Ft
$208/Sq Ft
Est. Value
About This Home
This home is located at 707 Cedar Ave, Elgin, IL 60120 and is currently estimated at $336,701, approximately $207 per square foot. 707 Cedar Ave is a home located in Kane County with nearby schools including McKinley Elementary School, Larsen Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2017
Sold by
Sarris Geroge T and Alexis Sofia Alexion
Bought by
Rauschenberger Michael and Rauschenberger Lori A
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
$150,000
Outstanding Balance
$80,001
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$256,700
Purchase Details
Closed on
Oct 20, 2015
Sold by
Brooks Jason
Bought by
Sarris George T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2014
Sold by
U S Bank National Association
Bought by
Brooks Jason
Purchase Details
Closed on
Oct 21, 2014
Sold by
Rojas Valerie and Rojas Juan
Bought by
U S Bank National Association
Purchase Details
Closed on
Sep 29, 2006
Sold by
Painter James
Bought by
Rojas Juan and Rojas Valerie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2002
Sold by
Ring Daniel W
Bought by
Painter James and Painter Kathy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,197
Interest Rate
6.54%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 21, 1995
Sold by
Ring Kimberly J
Bought by
Ring Daniel W
Purchase Details
Closed on
Dec 1, 1994
Sold by
Lukaszewski John W
Bought by
Ring Daniel W and Ring Kimberly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,865
Interest Rate
9.19%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 15, 1994
Sold by
Mortenson Terence J and Mortenson Marjorie J
Bought by
Lukaszewski John W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,175
Interest Rate
8.65%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rauschenberger Michael | $210,000 | Chicago Title Insurance Co | |
| Sarris George T | $185,000 | Chicago Title Insurance Co | |
| Brooks Jason | $62,000 | First American Title | |
| U S Bank National Association | -- | First American Title | |
| Rojas Juan | $215,000 | First American Title Ins Co | |
| Painter James | $175,000 | Prairie Title | |
| Ring Daniel W | -- | -- | |
| Ring Daniel W | $120,000 | -- | |
| Lukaszewski John W | $115,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rauschenberger Michael | $150,000 | |
| Previous Owner | Sarris George T | $166,500 | |
| Previous Owner | Rojas Juan | $204,250 | |
| Previous Owner | Painter James | $172,197 | |
| Previous Owner | Ring Daniel W | $118,865 | |
| Previous Owner | Lukaszewski John W | $98,175 |
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 | $7,378 | $92,189 | $16,136 | $76,053 |
| 2023 | $7,100 | $83,286 | $14,578 | $68,708 |
| 2022 | $6,585 | $75,943 | $13,293 | $62,650 |
| 2021 | $6,335 | $71,001 | $12,428 | $58,573 |
| 2020 | $6,182 | $67,781 | $11,864 | $55,917 |
| 2019 | $6,030 | $64,565 | $11,301 | $53,264 |
| 2018 | $5,002 | $50,592 | $10,646 | $39,946 |
| 2017 | $4,302 | $47,827 | $10,064 | $37,763 |
| 2016 | $4,092 | $44,371 | $9,337 | $35,034 |
| 2015 | -- | $40,670 | $8,558 | $32,112 |
| 2014 | -- | $40,168 | $8,452 | $31,716 |
| 2013 | -- | $41,228 | $8,675 | $32,553 |
Source: Public Records
Map
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