NOT LISTED FOR SALE

Estimated Value: $801,937 - $1,176,000

5 Beds
2 Baths
2,307 Sq Ft
$425/Sq Ft Est. Value

About This Home

This home is located at 1622 W Rascher Ave, Chicago, IL 60640 and is currently estimated at $980,484, approximately $425 per square foot. 1622 W Rascher Ave is a home located in Cook County with nearby schools including Peirce School of International Studies, Senn High School, and Passages Elementary Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Stringer Blaine E and Hankins Blake F
Bought by
Blake Hankins And Blaine Stringer Declaration and Hankins
Current Estimated Value
$980,484

Purchase Details

Closed on
Sep 27, 2017
Sold by
Scarpitta Joseph M
Bought by
Stringer Blaine E and Stringer Blake F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 1999
Sold by
Phalen Terry R and Phalen Terry Ray
Bought by
Scarpitta Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 1995
Sold by
Scarpitta Joseph M
Bought by
Scarpitta Joseph M and Phalen Terry R

Purchase Details

Closed on
Mar 31, 1994
Sold by
Heiss Frederick H
Bought by
Scarpitta Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
8.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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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
Blake Hankins And Blaine Stringer Declaration -- None Listed On Document
Stringer Blaine E $590,000 North American Title
Scarpitta Joseph M -- --
Scarpitta Joseph M -- --
Scarpitta Joseph M $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stringer Blaine E $501,500
Previous Owner Scarpitta Joseph M $173,000
Previous Owner Scarpitta Joseph M $145,800
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 $12,870 $88,000 $31,094 $56,906
2023 $12,547 $61,000 $25,000 $36,000
2022 $12,547 $61,000 $25,000 $36,000
2021 $12,267 $61,000 $25,000 $36,000
2020 $10,642 $47,773 $14,375 $33,398
2019 $10,907 $54,288 $14,375 $39,913
2018 $10,724 $54,288 $14,375 $39,913
2017 $8,845 $41,090 $12,500 $28,590
2016 $8,230 $41,090 $12,500 $28,590
2015 $8,511 $46,446 $12,500 $33,946
2014 $7,427 $40,028 $9,375 $30,653
2013 $7,280 $40,028 $9,375 $30,653
Source: Public Records

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