116 W Point Way is a 1,491 square foot house on a 6,316 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Elgin data, we estimate the home's value is $256,145.
Single-familyProperty Type
2019Year Built
6,316 sq ftLot Size
$172Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$256,145
$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.1% lower than the average sale price ($288K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$6,816 (−2.0%)
$63,225 + $217,719
$280,944
2025
$6,953 (−3.6%)
$63,225 + $217,719
$280,944
2024
$7,210 (+13.9%)
2023
$6,332 (−0.3%)
2022
$6,353 (+2.5%)
2021
$6,196 (−0.2%)
$20,970 + $204,987
$225,957
2020
$6,210 (+1,843.1%)
$20,970 + $196,002
$216,972
2019
$320
$10,833
Tax history for 116 W Point Way
Year
Property tax
Land + Additions
Assessment*
2026
$6,816 (−2.0%)
$63,225 + $217,719
$280,944
2025
$6,953 (−3.6%)
$63,225 + $217,719
$280,944
2024
$7,210 (+13.9%)
2023
$6,332 (−0.3%)
2022
$6,353 (+2.5%)
2021
$6,196 (−0.2%)
$20,970 + $204,987
$225,957
2020
$6,210 (+1,843.1%)
$20,970 + $196,002
$216,972
2019
$320
$10,833
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-1
Single-Family Dwelling District
The R-1 Single-Family Dwelling District is the most restrictive residential district. The principal use is the single-family dwelling and related recreational, religious and educational facilities normally required to provide an orderly and attractive residential area. These residential areas are appropriate to the residential environment. Internal stability, attractiveness, order and efficiency are encouraged by providing for adequate light, air, and open space for dwelling and related facilities and through consideration of the proper functional relationship of the different uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Infrastructure
Public service
Educational/school
Library
Transportation
Park & open space
Dec 11, 2025 • Final
Residential
Install solar panels.
Electrical
Solar
Jul 8, 2022 • Final
Residential
Work on a solar installation.
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.