NOT LISTED FOR SALE

25 Balsam Ave Lake Villa, IL 60046

South Lake Villa Neighborhood

Estimated Value: $400,000 - $412,000

3 Beds
3 Baths
2,095 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 25 Balsam Ave, Lake Villa, IL 60046 and is currently estimated at $406,147, approximately $193 per square foot. 25 Balsam Ave is a home located in Lake County with nearby schools including Olive C Martin School, Palombi Middle School, and Lakes Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2005
Sold by
Gardner Kenneth A and Gardner Kathryn J
Bought by
Grote Carl L and Grote Kristin L
Current Estimated Value
$406,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Outstanding Balance
$108,212
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,935

Purchase Details

Closed on
Oct 15, 1996
Sold by
Nielsen Frederick H
Bought by
Gardner Kenneth A and Gardner Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,400
Interest Rate
8.32%
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
Grote Carl L $270,000 --
Gardner Kenneth A $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grote Carl L $213,600
Previous Owner Gardner Kenneth A $173,400
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 $9,487 $111,153 $17,520 $93,633
2023 $9,168 $98,209 $15,480 $82,729
2022 $9,168 $90,582 $14,410 $76,172
2021 $8,707 $84,145 $13,386 $70,759
2020 $8,520 $81,449 $12,957 $68,492
2019 $9,198 $78,279 $12,453 $65,826
2018 $9,631 $85,531 $18,323 $67,208
2017 $9,333 $83,250 $17,834 $65,416
2016 $9,459 $79,879 $17,112 $62,767
2015 $9,113 $74,604 $15,982 $58,622
2014 $7,942 $70,171 $16,706 $53,465
2012 $7,324 $70,510 $16,787 $53,723
Source: Public Records

Map

Illinois Lake County Lake Villa 60046 South Lake Villa

25 Balsam Ave, Lake Villa, IL

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