NOT LISTED FOR SALE

1580 Spruce Ave Hanover Park, IL 60133

Estimated Value: $346,000 - $361,787

4 Beds
2 Baths
1,136 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 1580 Spruce Ave, Hanover Park, IL 60133 and is currently estimated at $353,697, approximately $311 per square foot. 1580 Spruce Ave is a home located in Cook County with nearby schools including Hanover Highlands Elementary School, Robert Frost Junior High School, and Schaumburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2008
Sold by
Patel Lal and Patel Rekha
Bought by
Lopez Castro Ruiz Gabriel and Lopez Castro Laura Colin
Current Estimated Value
$353,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,063
Outstanding Balance
$171,128
Interest Rate
5.51%
Mortgage Type
Unknown
Estimated Equity
$165,264

Purchase Details

Closed on
Nov 15, 2004
Sold by
Aaa Investments Llc
Bought by
Patel Lal and Patel Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2004
Sold by
Burke Joseph and Burke Lisa
Bought by
Aaa Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 1998
Sold by
Niklos Robert C and Niklos Theresa H
Bought by
Burke Joseph and Burke Lisa

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
9.73%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Castro Ruiz Gabriel $237,000 First American Title
Patel Lal $217,000 Multiple
Aaa Investments Llc $177,000 Fatic
Burke Joseph $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Castro Ruiz Gabriel $213,063
Previous Owner Patel Lal $173,600
Previous Owner Aaa Investments Llc $3,000,000
Previous Owner Burke Joseph $95,000
Closed Patel Lal $21,700
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 $7,160 $24,655 $6,240 $18,415
2023 $6,894 $26,000 $6,240 $19,760
2022 $6,894 $26,000 $6,240 $19,760
2021 $5,487 $18,848 $4,080 $14,768
2020 $6,207 $20,872 $4,080 $16,792
2019 $6,284 $23,452 $4,080 $19,372
2018 $5,320 $18,443 $3,600 $14,843
2017 $5,254 $18,443 $3,600 $14,843
2016 $5,229 $18,443 $3,600 $14,843
2015 $4,702 $15,872 $3,120 $12,752
2014 $4,631 $15,872 $3,120 $12,752
2013 $4,474 $15,872 $3,120 $12,752
Source: Public Records

Map