NOT LISTED FOR SALE

1278 E Walnut Ave Des Plaines, IL 60016

Estimated Value: $323,000 - $355,000

3 Beds
1 Bath
920 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 1278 E Walnut Ave, Des Plaines, IL 60016 and is currently estimated at $337,004, approximately $366 per square foot. 1278 E Walnut Ave is a home located in Cook County with nearby schools including Central Elementary School, Chippewa Middle School, and Maine West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Parks Jerome C and Parks Y
Bought by
Parks Jerome C and Parks Melissa
Current Estimated Value
$337,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$133,185
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$197,530

Purchase Details

Closed on
Mar 24, 2022
Sold by
Parks Jerome C
Bought by
Parks Jerome C and Parks Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$133,185
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$197,530

Purchase Details

Closed on
Mar 7, 2022
Sold by
Parks Jerome C and Parks Y
Bought by
Parks Jerome C and Parks Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$133,185
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$197,530

Purchase Details

Closed on
Jun 11, 1999
Sold by
Taylor Jay and Taylor Lisa M
Bought by
Parks Jerome C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
7.59%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Pable John G and Pable Sylvia L
Bought by
Taylor Jay and Taylor Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
10.25%
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
Parks Jerome C -- --
Parks Jerome C -- --
Parks Jerome C -- --
Parks Jerome C $159,500 Professional National Title
Taylor Jay $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Jerome C $180,000
Closed Parks Jerome C $180,000
Previous Owner Parks Jerome C $153,000
Previous Owner Parks Jerome C $172,000
Previous Owner Parks Jerome C $150,000
Previous Owner Parks Jerome C $151,500
Previous Owner Taylor Jay $131,000
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 $5,553 $25,000 $4,800 $20,200
2023 $5,553 $25,000 $4,800 $20,200
2022 $5,553 $25,000 $4,800 $20,200
2021 $4,503 $17,978 $3,900 $14,078
2020 $4,495 $17,978 $3,900 $14,078
2019 $4,453 $19,976 $3,900 $16,076
2018 $4,387 $18,103 $3,450 $14,653
2017 $4,327 $18,103 $3,450 $14,653
2016 $4,337 $18,103 $3,450 $14,653
2015 $4,029 $15,950 $3,000 $12,950
2014 $3,960 $15,950 $3,000 $12,950
2013 $3,844 $15,950 $3,000 $12,950
Source: Public Records

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