NOT LISTED FOR SALE

Estimated Value: $373,210 - $418,000

3 Beds
1 Bath
1,591 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 1385 Somerset Ln, Elk Grove Village, IL 60007 and is currently estimated at $389,303, approximately $244 per square foot. 1385 Somerset Ln is a home located in Cook County with nearby schools including Admiral Byrd Elementary School, Grove Jr High School, and Elk Grove High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2001
Sold by
Duffy Michael and Duffy Susan
Bought by
Duffy Michael and Duffy Susan
Current Estimated Value
$389,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.88%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Kearns Patrick H and Kearns Kathleen A
Bought by
Duffy Michael and Duffy Susan

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
Interest Rate
7.2%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Moe Peter J and Moe Roberta J
Bought by
Kearns Patrick K and Kearns Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.71%
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
Duffy Michael -- Chicago Title Insurance Co
Duffy Michael $228,000 --
Kearns Patrick K $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Duffy Michael J $10,000
Open Duffy Michael $232,500
Closed Duffy Michael $182,000
Closed Duffy Michael $180,000
Previous Owner Kearns Patrick H $110,000
Previous Owner Kearns Patrick K $111,000
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 $6,494 $30,001 $6,271 $23,730
2023 $6,494 $30,001 $6,271 $23,730
2022 $6,494 $30,001 $6,271 $23,730
2021 $6,537 $26,877 $3,872 $23,005
2020 $6,358 $26,877 $3,872 $23,005
2019 $6,436 $29,864 $3,872 $25,992
2018 $6,106 $25,693 $3,319 $22,374
2017 $6,079 $25,693 $3,319 $22,374
2016 $5,901 $25,693 $3,319 $22,374
2015 $5,072 $21,564 $2,950 $18,614
2014 $5,016 $21,564 $2,950 $18,614
2013 $4,887 $21,564 $2,950 $18,614
Source: Public Records

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