1616 Downing Ave Westchester, IL 60154
Estimated Value: $349,000 - $400,000
3
Beds
1
Bath
1,225
Sq Ft
$305/Sq Ft
Est. Value
About This Home
This home is located at 1616 Downing Ave, Westchester, IL 60154 and is currently estimated at $374,032, approximately $305 per square foot. 1616 Downing Ave is a home located in Cook County with nearby schools including Westchester Primary School, Westchester Intermediate School, and Westchester Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2016
Sold by
Perez Hugo and Carvantes Margarita
Bought by
Velezquez Pedro R and Valezquez Ricardo
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,762
Outstanding Balance
$175,792
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$198,240
Purchase Details
Closed on
Jun 17, 2004
Sold by
Velazquez Ricardo and Guerrero David
Bought by
Velazquez Ricardo and Perez Hugo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 25, 2001
Sold by
Agne Lance A and Agne Kelly L
Bought by
Velazquez Ricardo and Guerrero David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,450
Interest Rate
6.88%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 23, 1998
Sold by
Campanella Cynthia L
Bought by
Agne Lance A and Agne Kelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.08%
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 |
|---|---|---|---|
| Velezquez Pedro R | -- | Proper Title Llc | |
| Velazquez Ricardo | -- | Ez Title | |
| Velazquez Ricardo | $228,000 | Lawyers Title Insurance Corp | |
| Agne Lance A | $145,000 | Professional National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velezquez Pedro R | $218,762 | |
| Closed | Velazquez Ricardo | $247,500 | |
| Previous Owner | Velazquez Ricardo | $224,450 | |
| Previous Owner | Agne Lance A | $130,500 |
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 | $6,478 | $28,000 | $4,655 | $23,345 |
| 2023 | $5,776 | $28,000 | $4,655 | $23,345 |
| 2022 | $5,776 | $22,354 | $3,990 | $18,364 |
| 2021 | $5,618 | $22,354 | $3,990 | $18,364 |
| 2020 | $5,555 | $22,354 | $3,990 | $18,364 |
| 2019 | $5,535 | $23,022 | $3,657 | $19,365 |
| 2018 | $5,461 | $23,022 | $3,657 | $19,365 |
| 2017 | $5,373 | $23,022 | $3,657 | $19,365 |
| 2016 | $4,853 | $19,139 | $3,325 | $15,814 |
| 2015 | $4,755 | $19,139 | $3,325 | $15,814 |
| 2014 | $4,661 | $19,139 | $3,325 | $15,814 |
| 2013 | $5,110 | $22,957 | $3,325 | $19,632 |
Source: Public Records
Map
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