731 Prospect St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $304,354 - $377,000
5
Beds
2
Baths
2,177
Sq Ft
$158/Sq Ft
Est. Value
About This Home
This home is located at 731 Prospect St, Elgin, IL 60120 and is currently estimated at $344,089, approximately $158 per square foot. 731 Prospect St 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
Nov 10, 2005
Sold by
Vargas Reyna
Bought by
Vargas Reyna and Vazquez Jose L
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
$193,050
Outstanding Balance
$108,217
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$235,872
Purchase Details
Closed on
Oct 12, 2004
Sold by
Cortes Benjamin
Bought by
Vargas Reyna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,725
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 1999
Sold by
Mendoza Julian and Mendoza Lillia
Bought by
Cortes Benjamin and Cortes Gabino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,089
Interest Rate
7.04%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargas Reyna | -- | First American | |
| Vargas Reyna | $195,500 | First American Title Ins Co | |
| Cortes Benjamin | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargas Reyna | $193,050 | |
| Closed | Vargas Reyna | $185,725 | |
| Previous Owner | Cortes Benjamin | $136,089 |
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 | $5,957 | $82,440 | $18,750 | $63,690 |
| 2023 | $5,667 | $74,478 | $16,939 | $57,539 |
| 2022 | $4,955 | $63,141 | $15,445 | $47,696 |
| 2021 | $4,731 | $59,032 | $14,440 | $44,592 |
| 2020 | $4,593 | $56,355 | $13,785 | $42,570 |
| 2019 | $4,453 | $53,682 | $13,131 | $40,551 |
| 2018 | $4,407 | $50,572 | $12,370 | $38,202 |
| 2017 | $4,300 | $47,809 | $11,694 | $36,115 |
| 2016 | $4,091 | $44,354 | $10,849 | $33,505 |
| 2015 | -- | $38,364 | $9,944 | $28,420 |
| 2014 | -- | $37,890 | $9,821 | $28,069 |
| 2013 | -- | $38,889 | $10,080 | $28,809 |
Source: Public Records
Map
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