1516 N Long Ave Chicago, IL 60651
Austin NeighborhoodEstimated Value: $262,000 - $360,000
3
Beds
2
Baths
1,170
Sq Ft
$265/Sq Ft
Est. Value
About This Home
This home is located at 1516 N Long Ave, Chicago, IL 60651 and is currently estimated at $310,116, approximately $265 per square foot. 1516 N Long Ave is a home located in Cook County with nearby schools including Ella Flagg Young School, Orr Academy High School, and ITW Speer Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2002
Sold by
Hud
Bought by
Chicago Title Land Co Trust #1108868
Current Estimated Value
Purchase Details
Closed on
Jun 25, 1999
Sold by
Lamb Velma L
Bought by
Lamb Velma L and Lamb Thelma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,100
Interest Rate
7.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 27, 1994
Sold by
Cloman Johnny and Cloman Elaine E
Bought by
Lamb Velma and Lamb Lamar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,900
Interest Rate
8.48%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Co Trust #1108868 | -- | Stewart Title | |
| Lamb Velma L | -- | -- | |
| Lamb Velma | $87,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Carol A | $112,419 | |
| Closed | William Carol A | $96,000 | |
| Closed | Williams Carol A | $36,172 | |
| Previous Owner | Lamb Velma L | $19,100 | |
| Previous Owner | Lamb Velma | $86,900 |
Source: Public Records
Tax History Compared to Growth
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 | $4,575 | $25,850 | $4,800 | $21,050 |
| 2023 | $4,439 | $25,848 | $3,840 | $22,008 |
| 2022 | $4,439 | $25,848 | $3,840 | $22,008 |
| 2021 | $4,358 | $25,000 | $3,840 | $21,160 |
| 2020 | $2,310 | $13,471 | $3,744 | $9,727 |
| 2019 | $2,318 | $14,968 | $3,744 | $11,224 |
| 2018 | $2,278 | $14,968 | $3,744 | $11,224 |
| 2017 | $1,752 | $11,514 | $3,264 | $8,250 |
| 2016 | $1,806 | $11,514 | $3,264 | $8,250 |
| 2015 | $1,629 | $11,514 | $3,264 | $8,250 |
| 2014 | $1,869 | $12,642 | $3,072 | $9,570 |
| 2013 | $1,821 | $12,642 | $3,072 | $9,570 |
Source: Public Records
Map
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