NOT LISTED FOR SALE

2941 Martin Luther King jr Dr North Chicago, IL 60064

Trail Meadows Neighborhood

Estimated Value: $184,000 - $241,000

4 Beds
2 Baths
1,170 Sq Ft
$188/Sq Ft Est. Value

About This Home

This home is located at 2941 Martin Luther King jr Dr, North Chicago, IL 60064 and is currently estimated at $219,548, approximately $187 per square foot. 2941 Martin Luther King jr Dr is a home located in Lake County with nearby schools including North Chicago Community High School, LEARN 10 Charter School, and LEARN 6 North Chicago.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2012
Sold by
Velasco Jorge
Bought by
Del Rodriguez Cecillia and Del Carmen Estela Maria
Current Estimated Value
$219,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,616
Outstanding Balance
$51,907
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$171,332

Purchase Details

Closed on
Apr 21, 2006
Sold by
Ocampo Jesus
Bought by
Velasco Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 2003
Sold by
Martinez Miguel and Martinez Gustavo
Bought by
Ocampo Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2003
Sold by
Martinez Miguel
Bought by
Martinez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 1995
Sold by
Lobue David
Bought by
Martinez Miguel and Martinez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,434
Interest Rate
7.7%
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
Del Rodriguez Cecillia $75,000 Fidelity National Title
Velasco Jorge -- None Available
Ocampo Jesus $180,000 Matc
Martinez Miguel -- --
Martinez Miguel $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Del Rodriguez Cecillia $73,616
Previous Owner Velasco Jorge $193,500
Previous Owner Ocampo Jesus $143,920
Previous Owner Martinez Miguel $117,434
Closed Ocampo Jesus $35,980
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 $5,462 $52,907 $11,343 $41,564
2023 $4,342 $48,771 $10,456 $38,315
2022 $4,342 $37,175 $7,970 $29,205
2021 $4,265 $36,854 $7,901 $28,953
2020 $4,160 $37,058 $7,945 $29,113
2019 $4,194 $36,378 $7,799 $28,579
2018 $3,709 $28,166 $6,834 $21,332
2017 $3,671 $27,695 $6,720 $20,975
2016 $3,520 $26,361 $6,396 $19,965
2015 $3,383 $24,822 $6,023 $18,799
2014 $2,685 $23,885 $6,759 $17,126
2012 $2,439 $24,093 $6,818 $17,275
Source: Public Records

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