NOT LISTED FOR SALE

1724 Borman Place Unit 1 Downers Grove, IL 60516

South Downers Grove Neighborhood

Estimated Value: $524,000 - $669,922

3 Beds
3 Baths
2,000 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 1724 Borman Place Unit 1, Downers Grove, IL 60516 and is currently estimated at $589,731, approximately $294 per square foot. 1724 Borman Place Unit 1 is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2019
Sold by
Chejarla Ravi Raju and Damodararaju Revathi
Bought by
Blair Tyler C and Blair Arielle K
Current Estimated Value
$589,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$246,816
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$342,915

Purchase Details

Closed on
Jul 31, 2015
Sold by
Anaya Romelia and Anaya Jose
Bought by
Revathi Chejarla Ravi Raju and Revathi Damodararaju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Nemani Jagannath and Nemani Revati
Bought by
Anaya Romelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 12, 2003
Sold by
Teraji James T
Bought by
Nemani Jagannath and Nemani Revati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1994
Sold by
Humiston John C and Stevenson Rose M Humiston Nee
Bought by
Teraji James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Blair Tyler C $350,000 Citywide Title Corporation
Revathi Chejarla Ravi Raju $305,000 Stewart Title
Anaya Romelia $380,000 Atg
Nemani Jagannath $290,000 First American Title
Teraji James T $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Tyler C $280,000
Previous Owner Revathi Chejarla Ravi Raju $244,000
Previous Owner Anaya Romelia $280,000
Previous Owner Nemani Jagannath $232,000
Previous Owner Teraji James T $130,000
Closed Nemani Jagannath $43,500
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 $9,542 $199,677 $53,803 $145,874
2023 $8,950 $183,560 $49,460 $134,100
2022 $7,916 $140,500 $47,300 $93,200
2021 $7,409 $138,900 $46,760 $92,140
2020 $7,271 $136,150 $45,830 $90,320
2019 $7,039 $130,630 $43,970 $86,660
2018 $6,963 $127,830 $43,720 $84,110
2017 $5,721 $105,310 $42,000 $63,310
2016 $5,604 $100,500 $40,080 $60,420
2015 $6,457 $109,240 $37,710 $71,530
2014 $6,460 $106,210 $36,660 $69,550
2013 $6,328 $105,710 $36,490 $69,220
Source: Public Records

Map

Illinois DuPage County Downers Grove 60516 South Downers Grove

1724 Borman Place Unit 1, Downers Grove, IL

This home is located at 1724 Borman Place Unit 1, Downers Grove, IL 60516 and is currently estimated at $589,731, approximately $294 per square foot. 1724 Borman Place Unit 1 is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

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