Large Location Icon

1940 Murcer Ln; Elgin, IL Property Details

1940 Murcer Ln, Elgin, IL is a Single Family that was built in 1980. This property is currently Financed and is not for sale. Our records show that 1940 Murcer Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,392 square feet. The lot size of 1940 Murcer Ln is 11,856 square feet.

Off market
1940 Murcer Ln Elgin, IL 60123
$184,900 Listing Price
3 Beds
2 Baths
1,392 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1980
  • Purchase Price: $515,000
  • Open Loans / Balance: 1 / $153,678
  • Est. Equity / %: $268,322 / 63.58%
  • Gross Yield: 7.396%
  • APN: 06-04-428-017
  • Situs County: Kane
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,392/SqFt
  • Lot: 11,856/SqFt
  • Gross: 2,544/SqFt
  • Living: 1,392/SqFt
  • Basement: 1,152/SqFt
  • Building: 2,544/SqFt
  • Ground: 1,392/SqFt
  • Price Per Square Foot: $369.97

Legal Description

  • Description: CENTURY OAKS WEST UNIT 7 LOT 359
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.06486 / -88.32523
  • Subdivision: Century Oaks West
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 1274
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $225
  • H O A Amount: $225
  • H O A One Frequency: Monthly
  • H O A One Name: Century Oaks Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

1940 Murcer Ln has no associated ownership info
1940 Murcer Ln has no associated ownership info.

Taxes

1940 Murcer Ln has 10 associated Taxes items

1940 Murcer Ln, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $100,485. The APN we've located for 1940 Murcer Ln is 06-04-428-017.

Unlock the full report
Taxes
  • Assessed Value:  $100,485
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-428-017
  • Assessed Land Value:  28006
  • Market Land Value:  84052
  • Tax Amount:  7055.76
  • Tax Year:  2025
  • Market Value:  301576
  • Market Year:  2025

Tax History

1940 Murcer Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,485 Land Value $28,006 Improvement Value $72,479 Tax Amount $7,055.76 Change Rate Assessed CR Tax Rate +0.070217%
Year 2024 Assessed Value $92,553 Land Value $25,795 Improvement Value $66,758 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $83,615 Land Value $23,304 Improvement Value $60,311 Tax Amount $6,445.82 Change Rate +0.058291% Assessed CR Tax Rate +0.077089%
Year 2022 Assessed Value $76,242 Land Value $21,249 Improvement Value $54,993 Tax Amount $6,090.78 Change Rate +0.045775% Assessed CR Tax Rate +0.079887%
Year 2021 Assessed Value $71,281 Land Value $19,866 Improvement Value $51,415 Tax Amount $5,824.18 Change Rate +0.029171% Assessed CR Tax Rate +0.081707%
Year 2020 Assessed Value $68,049 Land Value $18,965 Improvement Value $49,084 Tax Amount $5,659.1 Change Rate +0.030107% Assessed CR Tax Rate +0.083162%
Year 2019 Assessed Value $64,821 Land Value $18,065 Improvement Value $46,756 Tax Amount $5,493.7 Change Rate +0.073938% Assessed CR Tax Rate +0.084752%
Year 2018 Assessed Value $58,344 Land Value $17,018 Improvement Value $41,326 Tax Amount $5,115.47 Change Rate -0.989882% Assessed CR Tax Rate +0.087678%
Year 2017 Assessed Value $55,156 Land Value $16,088 Improvement Value $39,068 Tax Amount $505,587.41 Change Rate +91.64458% Assessed CR Tax Rate +9.166499%
Year 2016 Assessed Value $51,170 Land Value $14,925 Improvement Value $36,245 Tax Amount $5,457.28 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $46,902 Land Value $13,680 Improvement Value $33,222 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $46,323 Land Value $13,511 Improvement Value $32,812 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,545 Land Value $13,867 Improvement Value $33,678 Tax Amount Change Rate Assessed CR Tax Rate