NOT LISTED FOR SALE

Estimated Value: $394,000 - $431,488

4 Beds
3 Baths
2,369 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 940 Chippewa Dr, Elgin, IL 60120 and is currently estimated at $412,372, approximately $174 per square foot. 940 Chippewa Dr is a home located in Cook County with nearby schools including Coleman Elementary School, Larsen Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2017
Sold by
Frerichs Steven P and Frerichs Annette
Bought by
Genrich James L
Current Estimated Value
$412,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Outstanding Balance
$183,869
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$228,503

Purchase Details

Closed on
Jul 28, 2005
Sold by
Chesbrough William C and Chesbrough Susan S
Bought by
Frerichs Steven P and Frerichs Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2000
Sold by
Easton D Robert and Eaton Yvonne L
Bought by
Chesbrough William C and Chesbrough Susan S

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
Interest Rate
8.19%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Genrich James L $269,000 Chicago Title Insurance Comp
Frerichs Steven P $305,000 Cti
Chesbrough William C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genrich James L $215,200
Previous Owner Frerichs Steven P $244,000
Previous Owner Chesbrough William C $150,000
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 $6,530 $26,000 $8,775 $17,225
2023 $6,316 $26,000 $8,775 $17,225
2022 $6,316 $26,000 $8,775 $17,225
2021 $5,687 $19,835 $7,087 $12,748
2020 $6,792 $19,835 $7,087 $12,748
2019 $6,831 $22,287 $7,087 $15,200
2018 $6,376 $18,766 $6,075 $12,691
2017 $5,213 $18,766 $6,075 $12,691
2016 $5,184 $18,766 $6,075 $12,691
2015 $4,801 $16,289 $5,400 $10,889
2014 $4,669 $16,289 $5,400 $10,889
2013 $4,496 $16,289 $5,400 $10,889
Source: Public Records

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