NOT LISTED FOR SALE

865 Summit St Elgin, IL 60120

Corley Drive Park Neighborhood

Estimated Value: $805,000 - $922,000

-- Bed
3 Baths
-- Sq Ft
1.81 Acres

About This Home

This home is located at 865 Summit St, Elgin, IL 60120 and is currently estimated at $863,500. 865 Summit St is a home located in Cook County with nearby schools including Lords Park Elementary School, Ellis Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Betley Properties Inc
Bought by
Cw Development Of Elgin Llc
Current Estimated Value
$933,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 2016
Sold by
Weaver Larry Francis and Weaver Gary Allen
Bought by
Betley Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 1996
Sold by
Weaver Reba Virginia
Bought by
Weaver Reba Virginia and Reba Virginia Weaver Trust #1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Cw Development Of Elgin Llc $875,000 None Listed On Document
Cw Development Of Elgin Llc $875,000 None Listed On Document
Betley Properties Inc $332,000 Attorney
Weaver Reba Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cw Development Of Elgin Llc $637,500
Previous Owner Betley Properties Inc $249,000
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
2025 $14,681 $91,000 $45,968 $45,032
2024 $14,681 $51,000 $25,500 $25,500
2023 $14,268 $51,000 $25,500 $25,500
2022 $14,268 $51,000 $25,500 $25,500
2021 $11,159 $32,384 $19,678 $12,706
2020 $11,089 $32,384 $19,678 $12,706
2019 $11,542 $37,656 $19,678 $17,978
2018 $11,280 $33,200 $17,710 $15,490
2017 $11,245 $33,200 $17,710 $15,490
2016 $10,580 $33,200 $17,710 $15,490
2015 $14,813 $42,163 $31,485 $10,678
2014 $14,347 $42,163 $31,485 $10,678
2013 $32,197 $97,828 $31,485 $66,343
Source: Public Records

Map

Illinois Cook County Elgin 60120 Corley Drive Park

865 Summit St, Elgin, IL

Not Listed for Sale

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