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  • Zillow Home logoZestimate®
    $464,700

    551 Magnolia Ln, Elk Grove Village, IL 60007

    3beds
    1,718sqft
    SingleFamily
    Built in 1961
    7,971 Square Feet Lot
    $464,700 Zestimate®
    $270/sqft
    $3,065 Estimated rent

    Home value

    $464,700

    $441,000 - $488,000

    $3,065/mo

    Zestimate® history
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    What's special

    This 1718 square foot single family home has 3 bedrooms and 2.0 bathrooms. This home is located at 551 Magnolia Ln, Elk Grove Village, IL 60007.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,718 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 7,971 Square Feet
    Details
    • Parcel number: 0833411008

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Elk Grove Village

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $310,000
    • Annual tax amount: $7,373

    Price history

    DateEventPrice
    3/31/2023Sold$402,500+0.6%$234/sqft
    Source: MRED as distributed by MLS GRID #11707886 Report a problem
    2/1/2023Contingent$400,000$233/sqft
    Source: MRED as distributed by MLS GRID #11707886 Report a problem
    1/26/2023Listed for sale$400,000+22.3%$233/sqft
    Source: MRED as distributed by MLS GRID #11707886 Report a problem
    10/22/2020Sold$327,000$190/sqft
    Source: Public Record Report a problem
    7/22/2020Sold$327,000-0.9%$190/sqft
    Source: MRED as distributed by MLS GRID #10729178 Report a problem
    6/9/2020Pending sale$329,900$192/sqft
    Source: Suburban Life Realty Ltd #10729178 Report a problem
    5/29/2020Listed for sale$329,900+7.5%$192/sqft
    Source: Suburban Life Realty Ltd #10729178 Report a problem
    10/3/2016Sold$307,000+2.4%$179/sqft
    Source: Public Record Report a problem
    8/13/2016Pending sale$299,900$175/sqft
    Source: RE/MAX City #09305997 Report a problem
    8/3/2016Listed for sale$299,900+66.5%$175/sqft
    Source: RE/MAX City #09305997 Report a problem
    3/10/2016Sold$180,075+5%$105/sqft
    Source: Public Record Report a problem
    1/7/2016Price change$171,500-14.2%$100/sqft
    Source: Carrington R E Services Llc #09101206 Report a problem
    12/23/2015Price change$199,900+85.1%$116/sqft
    Source: Carrington R E Services Llc #09101206 Report a problem
    12/14/2015Price change$108,000-46%$63/sqft
    Source: HomeSearch.com Realty Services Inc #9010943 Report a problem
    12/12/2015Listed for sale$199,900+85.1%$116/sqft
    Source: Carrington R E Services LLC #09101206 Report a problem
    10/27/2015Listing removed$108,000$63/sqft
    Source: HomeSearch.com Realty Services Inc #9010943 Report a problem
    8/24/2015Listed for sale$108,000-44.6%$63/sqft
    Source: HomeSearch.com Realty Services Inc #9010943 Report a problem
    5/7/2015Listing removed$195,000$114/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08898872 Report a problem
    5/4/2015Price change$195,000-2%$114/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08898872 Report a problem
    4/30/2015Price change$199,000-2.5%$116/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08898872 Report a problem
    4/27/2015Price change$204,000-4.7%$119/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08898872 Report a problem
    4/22/2015Listed for sale$214,000+110.5%$125/sqft
    Source: Berkshire Hathaway HomeServices American Heritage #08898872 Report a problem
    1/11/1994Sold$101,666$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,373 -6.3%$31,000 +0%
    2023$7,872 +3.9%$30,999
    2022$7,574 -3.9%$30,999 +9.1%
    2021$7,885 +16.5%$28,403
    2020$6,766 -1.2%$28,403 -10%
    2019$6,848 +13.1%$31,559 +23.7%
    2018$6,054 +0.4%$25,504
    2017$6,027 +3%$25,504
    2016$5,853 +7.8%$25,504 +11.4%
    2015$5,428 +1.1%$22,894
    2014$5,368 +2.6%$22,894
    2013$5,231 -3.5%$22,894 -11.3%
    2012$5,423 +3.4%$25,797
    2011$5,247 +20.5%$25,797
    2010$4,355 -1.6%$25,797 -8.4%
    2009$4,424 +23.5%$28,151 -7%
    2008$3,583 +16.1%$30,269
    2007$3,086 -3.6%$30,269 +26.7%
    2006$3,203 +8.8%$23,884
    2005$2,944 +4%$23,884
    2004$2,831 +0.1%$23,884 +27.4%
    2003$2,827 -3.7%$18,742
    2002$2,936 +28.9%$18,742
    2001$2,278 +1.7%$18,742 +17.6%
    2000$2,240 +2.1%$15,933
    1999$2,194 $15,933
    Find assessor info on the county website

    Neighborhood: 60007

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Clearmont Elementary School
    • Middle: Grove Junior High School
    • High: Elk Grove High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $464,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $464,700