NOT LISTED FOR SALE

18550 Torrence Ave Unit 116 Lansing, IL 60438

Estimated Value: $54,000 - $88,000

1 Bed
1 Bath
750 Sq Ft
$93/Sq Ft Est. Value

About This Home

This home is located at 18550 Torrence Ave Unit 116, Lansing, IL 60438 and is currently estimated at $69,776, approximately $93 per square foot. 18550 Torrence Ave Unit 116 is a home located in Cook County with nearby schools including Oak Glen Elementary School, Memorial Jr High School, and Thornton Fractnl So High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
Smith Clifton
Bought by
Chicago Title Land Trust Co and Trust Number 8002371317
Current Estimated Value
$69,776

Purchase Details

Closed on
May 21, 2011
Sold by
First Midwest Bank
Bought by
Smith Clifton

Purchase Details

Closed on
Nov 13, 2006
Sold by
Shoemate Jacqueline
Bought by
Palos Bank & Trust Co and Trust #1-7041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2004
Sold by
Burich Kent C
Bought by
Rosas Jaime and Rosas Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 1995
Sold by
Columbia National Bank Of Chicago
Bought by
Burich Kent C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
9.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 1994
Sold by
Columbia National Bank Of Chicago
Bought by
Vandermolen Joseph J and Vandermolen Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
8.91%
Mortgage Type
FHA
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
Chicago Title Land Trust Co -- Chicago Title Land Trust Com
Smith Clifton -- None Available
Smith Clifton -- None Available
Palos Bank & Trust Co -- None Available
Rosas Jaime $46,500 Pntn
Burich Kent C $47,500 --
Vandermolen Joseph J $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoemate Jacqueline $20,000
Previous Owner Rosas Jaime $41,500
Previous Owner Burich Kent C $46,800
Previous Owner Vandermolen Joseph J $46,900
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 $493 $4,335 $669 $3,666
2023 -- $4,335 $669 $3,666
2022 $0 $2,872 $608 $2,264
2021 $1,250 $2,870 $607 $2,263
2020 $1,250 $2,870 $607 $2,263
2019 $1,008 $1,771 $546 $1,225
2018 $1,250 $2,237 $546 $1,691
2017 $1,262 $2,237 $546 $1,691
2016 $83 $2,650 $486 $2,164
2015 $1,346 $2,650 $486 $2,164
2014 $41 $2,650 $486 $2,164
2013 $597 $3,176 $486 $2,690
Source: Public Records

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