NOT LISTED FOR SALE

Estimated Value: $280,000 - $302,312

2 Beds
1 Bath
894 Sq Ft
$330/Sq Ft Est. Value

About This Home

This home is located at 10947 S Drake Ave, Chicago, IL 60655 and is currently estimated at $294,828, approximately $329 per square foot. 10947 S Drake Ave is a home located in Cook County with nearby schools including Mount Greenwood Elementary School, Morgan Park High School, and St. Christina School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2013
Sold by
Mcdermott Eileen T
Bought by
Cherullo Melissa L and Cherullo Ernest A
Current Estimated Value
$294,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$102,233
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$174,996

Purchase Details

Closed on
Jun 6, 2007
Sold by
Mcdermott Eileen Therese and Mcdermott Eileen T
Bought by
Mcdermott Eileen T and Eileen T Mcdermott Living Trust

Purchase Details

Closed on
Sep 25, 2002
Sold by
Fifth Third Bank
Bought by
Mcdermott Eileen Therese

Purchase Details

Closed on
Dec 8, 1998
Sold by
Heritage Community Bank
Bought by
First National Bank Of Evergreen Park and Trust #16201
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cherullo Melissa L $180,000 Prairie Title
Mcdermott Eileen T -- None Available
Mcdermott Eileen Therese $150,000 --
First National Bank Of Evergreen Park -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherullo Ernest A $144,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $3,317 $24,001 $5,938 $18,063
2023 $3,214 $19,000 $4,750 $14,250
2022 $3,214 $19,000 $4,750 $14,250
2021 $3,160 $19,000 $4,750 $14,250
2020 $3,892 $20,530 $4,512 $16,018
2019 $3,804 $22,316 $4,512 $17,804
2018 $3,739 $22,316 $4,512 $17,804
2017 $3,595 $20,039 $4,037 $16,002
2016 $3,522 $20,039 $4,037 $16,002
2015 $3,199 $20,039 $4,037 $16,002
2014 $2,651 $16,821 $3,800 $13,021
2013 $2,587 $16,821 $3,800 $13,021
Source: Public Records

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