NOT LISTED FOR SALE

1555 Newport Ln Inverness, IL 60010

Estimated Value: $1,142,000 - $1,645,078

4 Beds
5 Baths
4,727 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 1555 Newport Ln, Inverness, IL 60010 and is currently estimated at $1,432,020, approximately $302 per square foot. 1555 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
Apr 18, 2025
Sold by
Patel Gourang and Patel Zinal
Bought by
Gourang P Patel Revocable Trust and Zinal N Patel Revocable Trust
Current Estimated Value
$1,432,020

Purchase Details

Closed on
Aug 23, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Patel Gourang and Patel Zinal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,400
Interest Rate
3.37%
Mortgage Type
Construction
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

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
Gourang P Patel Revocable Trust -- None Listed On Document
Patel Gourang $587,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Gourang $916,000
Previous Owner Patel Gourang $921,000
Previous Owner Patel Gourang $930,000
Previous Owner Patel Gourang $932,000
Previous Owner Patel Gourang $1,158,400
Previous Owner Us Bank Na $2,575,000
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 $24,672 $116,761 $59,555 $57,206
2023 $29,404 $116,761 $59,555 $57,206
2022 $29,404 $141,000 $59,555 $81,445
2021 $23,778 $101,923 $44,666 $57,257
2020 $23,065 $101,923 $44,666 $57,257
2019 $23,678 $118,738 $44,666 $74,072
2018 $14,782 $69,926 $7,444 $62,482
2017 $1,529 $7,444 $7,444 $0
2016 $53 $768 $768 $0
2015 $60 $768 $768 $0
2014 $58 $768 $768 $0
2013 $57 $768 $768 $0
Source: Public Records

Map

Illinois Cook County Inverness 60010

1555 Newport Ln, Inverness, IL

This home is located at 1555 Newport Ln, Inverness, IL 60010 and is currently estimated at $1,432,020, approximately $302 per square foot. 1555 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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