NOT LISTED FOR SALE

2440 W Albion Ave Unit 24402 Chicago, IL 60645

West Ridge Neighborhood

Estimated Value: $148,917 - $180,000

1 Bed
1 Bath
17,150 Sq Ft
$10/Sq Ft Est. Value

About This Home

This home is located at 2440 W Albion Ave Unit 24402, Chicago, IL 60645 and is currently estimated at $168,479, approximately $9 per square foot. 2440 W Albion Ave Unit 24402 is a home located in Cook County with nearby schools including Mosaic School of Fine Arts, Mather High School, and Bethesda International Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2009
Sold by
Paasch Robert
Bought by
Garcia Edmundo Ortega and Ortega Evelia
Current Estimated Value
$168,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Outstanding Balance
$62,884
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$105,595

Purchase Details

Closed on
May 18, 2005
Sold by
Petersen Lawrence L and Petersen William F
Bought by
Paasch Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 24, 2003
Sold by
Ramos Carmen
Bought by
Petersen Lawrence L and Petersen William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 1995
Sold by
Kim Byoung G and Kim Hye Kyung
Bought by
Ramos Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
7.44%
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
Garcia Edmundo Ortega $108,000 Fort Dearborn Land Title Llc
Paasch Robert $147,000 --
Petersen Lawrence L $117,500 Chicago Title Insurance Comp
Petersen Lawrence L $117,500 Chicago Title Insurance Comp
Ramos Carmen $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Edmundo Ortega $97,200
Previous Owner Paasch Robert $139,650
Previous Owner Petersen Lawrence L $94,000
Previous Owner Ramos Carmen $32,400
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 $1,199 $10,984 $1,915 $9,069
2023 $1,147 $9,000 $1,532 $7,468
2022 $1,147 $9,000 $1,532 $7,468
2021 $1,140 $8,999 $1,532 $7,467
2020 $556 $5,599 $1,302 $4,297
2019 $574 $6,284 $1,302 $4,982
2018 $563 $6,284 $1,302 $4,982
2017 $651 $6,399 $1,149 $5,250
2016 $910 $7,040 $1,149 $5,891
2015 $809 $7,040 $1,149 $5,891
2014 $1,034 $8,142 $1,034 $7,108
2013 $1,505 $10,903 $1,034 $9,869
Source: Public Records

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