NOT LISTED FOR SALE

1516 Herbert Ave Berkeley, IL 60163

Estimated Value: $196,000 - $316,000

3 Beds
1 Bath
1,000 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 1516 Herbert Ave, Berkeley, IL 60163 and is currently estimated at $258,734, approximately $258 per square foot. 1516 Herbert Ave is a home located in Cook County with nearby schools including Macarthur Intermediate School, Sunnyside Elementary School, and Proviso West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2001
Sold by
Paetzmann George E
Bought by
Schmidt Terry L
Current Estimated Value
$258,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$27,376
Interest Rate
7.03%
Estimated Equity
$231,358
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Schmidt Terry L $100,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Terry L $70,000
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 $7,293 $23,000 $3,326 $19,674
2023 $6,266 $23,000 $3,326 $19,674
2022 $6,266 $17,683 $2,873 $14,810
2021 $6,285 $17,682 $2,872 $14,810
2020 $6,021 $17,682 $2,872 $14,810
2019 $4,548 $14,161 $2,570 $11,591
2018 $4,457 $14,161 $2,570 $11,591
2017 $4,284 $14,161 $2,570 $11,591
2016 $3,699 $11,635 $2,268 $9,367
2015 $3,637 $11,635 $2,268 $9,367
2014 $3,593 $11,635 $2,268 $9,367
2013 $4,411 $14,676 $2,268 $12,408
Source: Public Records

Map

Illinois Cook County Berkeley 60163

1516 Herbert Ave, Berkeley, IL

Not Listed for Sale

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