1040 S 3rd Ave Des Plaines, IL 60016
Estimated Value: $339,000 - $372,000
3
Beds
1
Bath
1,245
Sq Ft
$282/Sq Ft
Est. Value
About This Home
This home is located at 1040 S 3rd Ave, Des Plaines, IL 60016 and is currently estimated at $351,442, approximately $282 per square foot. 1040 S 3rd Ave is a home located in Cook County with nearby schools including Forest Elementary School, Algonquin Middle School, and Maine West High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2016
Sold by
Chicago Title Land Trust Coo
Bought by
Salgado Jose A and Salgado Castina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,358
Outstanding Balance
$176,679
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$174,763
Purchase Details
Closed on
Oct 10, 1996
Sold by
Kougias Prokopios and Paziotopoulos George
Bought by
The Chicago Trust Company and Trust #1102872
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salgado Jose A | $229,000 | Chicago Title | |
| The Chicago Trust Company | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salgado Jose A | $224,358 |
Source: Public Records
Tax History Compared to Growth
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 | $5,717 | $25,000 | $5,940 | $19,060 |
| 2023 | $5,553 | $25,000 | $5,940 | $19,060 |
| 2022 | $5,553 | $25,000 | $5,940 | $19,060 |
| 2021 | $4,307 | $17,341 | $4,950 | $12,391 |
| 2020 | $4,303 | $17,341 | $4,950 | $12,391 |
| 2019 | $4,321 | $19,485 | $4,950 | $14,535 |
| 2018 | $6,507 | $21,756 | $4,356 | $17,400 |
| 2017 | $6,392 | $21,756 | $4,356 | $17,400 |
| 2016 | $6,046 | $21,756 | $4,356 | $17,400 |
| 2015 | $5,214 | $17,247 | $3,762 | $13,485 |
| 2014 | $5,104 | $17,247 | $3,762 | $13,485 |
| 2013 | $4,218 | $17,247 | $3,762 | $13,485 |
Source: Public Records
Map
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