NOT LISTED FOR SALE

Estimated Value: $1,526,000 - $1,882,000

6 Beds
6 Baths
3,324 Sq Ft
$511/Sq Ft Est. Value

About This Home

This home is located at 1327 W Newport Ave, Chicago, IL 60657 and is currently estimated at $1,697,750, approximately $510 per square foot. 1327 W Newport Ave is a home located in Cook County with nearby schools including Hamilton Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Raz-Russo Ruth
Bought by
Ruth Raz-Russo Trust
Current Estimated Value
$1,697,750

Purchase Details

Closed on
Dec 15, 2016
Sold by
Michal Raz Russo Trust
Bought by
Raz Russo Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,234,851
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2016
Sold by
Raz Russo Michal
Bought by
Russo Michal Raz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,234,851
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2016
Sold by
Mrr Newport Llc
Bought by
Raz Russo Michael and Raz Russo Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,234,851
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2015
Sold by
Old Town Ventures Llc
Bought by
Mrr Newport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 1995
Sold by
Cabras Vincent M and Cabras Paulina
Bought by
Cabras Paulina J
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

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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
Ruth Raz-Russo Trust -- Smith Caroline S
Raz Russo Michal -- Attorney
Russo Michal Raz -- Attorney
Raz Russo Michael -- Attorney
Mrr Newport Llc $650,000 Attorneys Title Guaranty Fun
Cabras Paulina J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raz Russo Michal $198,700
Previous Owner Raz Russo Michal $1,234,851
Previous Owner Mrr Newport Llc $1,072,000
Previous Owner Mrr Newport Llc $1,300,000
Previous Owner Mrr Newport Llc $1,300,000
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 $24,798 $184,129 $69,750 $114,379
2023 $24,135 $123,500 $56,250 $67,250
2022 $24,135 $123,500 $56,250 $67,250
2021 $23,629 $123,500 $56,250 $67,250
2020 $21,402 $101,655 $24,000 $77,655
2019 $20,960 $110,495 $24,000 $86,495
2018 $22,561 $117,647 $24,000 $93,647
2017 $15,174 $73,863 $21,000 $52,863
2016 $5,149 $25,707 $21,000 $4,707
2015 $9,804 $53,500 $21,000 $32,500
2014 $11,231 $60,533 $17,250 $43,283
2013 -- $60,533 $17,250 $43,283
Source: Public Records

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