NOT LISTED FOR SALE

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
$374,032

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%
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

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.

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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
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

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 $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

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