NOT LISTED FOR SALE

1550 Newport Ln Inverness, IL 60010

Estimated Value: $1,496,000 - $2,165,000

5 Beds
6 Baths
5,014 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 1550 Newport Ln, Inverness, IL 60010 and is currently estimated at $1,785,485, approximately $356 per square foot. 1550 Newport Ln is a home with nearby schools including Grove Avenue Elementary School, Barrington Mdle School- Prairie Cmps, and Barrington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Business Trust 26 1550
Bought by
Patel Yash and Patel Bhairavi
Current Estimated Value
$1,785,485

Purchase Details

Closed on
Jun 20, 2011
Sold by
North Star Trust Company
Bought by
Business Trust 26 & 1550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,809,494
Interest Rate
4.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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

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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
Patel Yash $537,000 First American Title
Business Trust 26 & 1550 -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Yash $469,463
Closed Patel Yashesh $510,400
Closed Patel Yash $905,500
Previous Owner The Business Trust $175,000
Previous Owner Business Trust 26 & 1550 $1,809,494
Previous Owner Business Trust 26 & 1550 $100,000
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 $22,114 $105,000 $23,348 $81,652
2023 $26,198 $105,000 $23,348 $81,652
2022 $26,198 $126,000 $23,348 $102,652
2021 $18,710 $80,910 $17,511 $63,399
2020 $18,161 $80,910 $17,511 $63,399
2019 $17,777 $90,000 $17,511 $72,489
2018 $16,325 $77,225 $16,051 $61,174
2017 $3,297 $16,051 $16,051 $0
2016 $21 $301 $301 $0
2015 $24 $301 $301 $0
2014 $23 $301 $301 $0
2013 $22 $301 $301 $0
Source: Public Records

Map

Illinois Cook County Inverness 60010

1550 Newport Ln, Inverness, IL

This home is located at 1550 Newport Ln, Inverness, IL 60010 and is currently estimated at $1,785,485, approximately $356 per square foot. 1550 Newport Ln is a home with nearby schools including Grove Avenue Elementary School, Barrington Mdle School- Prairie Cmps, and Barrington High School.

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