NOT LISTED FOR SALE

1506 Alima Terrace La Grange Park, IL 60526

Estimated Value: $329,000 - $410,213

4 Beds
2 Baths
1,400 Sq Ft
$276/Sq Ft Est. Value

About This Home

This home is located at 1506 Alima Terrace, La Grange Park, IL 60526 and is currently estimated at $386,053, approximately $275 per square foot. 1506 Alima Terrace is a home located in Cook County with nearby schools including S. E. Gross Middle School, Brook Park Elementary School, and Riverside Brookfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Minnerick Danielle M and Minnerick Matt E
Bought by
Mdmc Partners Llc
Current Estimated Value
$386,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
White Nora M
Bought by
Minnerick Matt E and Minnerick Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,400
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2004
Sold by
Palmer Peter A and Palmer Anita M
Bought by
White Nora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 1996
Sold by
Smith Mark A and Smith Jill B
Bought by
Palmer Peter A and Palmer Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Mdmc Partners Llc -- None Available
Minnerick Matt E $355,500 Pntn
White Nora M $295,000 Pntn
Palmer Peter A $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R55 Properties Llc $276,500
Previous Owner Minnerick Matt E $178,000
Previous Owner Minnerick Matt E $188,000
Previous Owner Minnerick Matt E $284,400
Previous Owner Minnerick Matthew E $35,500
Previous Owner White Nora M $95,000
Previous Owner Palmer Peter A $247,900
Previous Owner Palmer Peter A $110,000
Previous Owner Palmer Peter A $57,400
Previous Owner Palmer Peter A $20,000
Previous Owner Palmer Peter A $122,000
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 $9,367 $29,000 $4,655 $24,345
2023 $8,876 $29,000 $4,655 $24,345
2022 $8,876 $23,500 $3,990 $19,510
2021 $8,595 $23,500 $3,990 $19,510
2020 $8,367 $23,500 $3,990 $19,510
2019 $7,595 $21,569 $3,657 $17,912
2018 $7,445 $21,569 $3,657 $17,912
2017 $8,365 $25,952 $3,657 $22,295
2016 $6,962 $20,023 $3,325 $16,698
2015 $6,587 $20,023 $3,325 $16,698
2014 $5,661 $20,023 $3,325 $16,698
2013 $6,667 $24,431 $3,325 $21,106
Source: Public Records

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