1140 Sears Circle

Local assessors in Elburn, IL have categorized 1140 Sears Circle as a residential type of property.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1140 Sears Circle was last sold in Oct 20, 2023 for $330,000. Prior to that sales transaction, the property was sold for $248,000 in Aug 28, 2020. Current property owners are expected to pay $7,292 in taxes per year. The property on 1140 Sears Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $82,664. To break that down further, the land itself was valued at $7,108. While improvements to the property were assessed at a total of $75,556. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.