NOT LISTED FOR SALE

Estimated Value: $1,816,496 - $2,063,000

4 Beds
3 Baths
2,940 Sq Ft
$654/Sq Ft Est. Value

About This Home

FOR RENT! Luxury awaits in this impeccable Burnstead home in the coveted Magnolia Park. High-quality, eco-friendly construction is showcased throughout the gracious floor plan providing spaciousness and coziness. This home offers 4 bedrooms with expansive windows throughout the house with 3 bedrooms on the upper floor and 1 on the main. The living room is bathed in natural light with large windows and a fireplace. The Vaulted ceilings, gourmet kitchen, and walk-in pantry add to the overall appeal. Elementary school, parks, and diners are within walking distance including an off-leash dog park. Pets allowed on a case-by-case basis with a pet deposit. Experience the epitome of elegance in this luxurious Magnolia Park residence. All applicants 18 yo+ to undergo credit check. Call LA Raman for any questions. Tenant to pay all Utilities and Landscaping.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2008
Sold by
Forrester Colin P and Forrester Tracy
Bought by
Chettypally Praveen and Devidi Madhuri
Current Estimated Value
$1,923,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,324
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2005
Sold by
Magnolia Lane Llc
Bought by
Forrester Colin P and Sandell Tracy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,800
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Chettypally Praveen $619,950 Chicago Title
Forrester Colin P $546,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chettypally Praveen $527,000
Closed Chettypally Praveen $574,490
Closed Chettypally Praveen $569,135
Closed Chettypally Praveen $566,324
Previous Owner Forrester Colin P $436,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Off Market $4,550 -- --
11/09/2024 11/09/24 Price Changed $4,550 -4.2% $2 / Sq Ft
10/03/2024 10/03/24 For Rent $4,750 -- --

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 $11,371 $1,379,000 $559,000 $820,000
2023 $10,770 $1,253,000 $509,000 $744,000
2022 $9,760 $1,526,000 $622,000 $904,000
2021 $8,977 $1,054,000 $432,000 $622,000
2020 $9,500 $901,000 $400,000 $501,000
2018 $8,831 $977,000 $359,000 $618,000
2017 $7,601 $857,000 $315,000 $542,000
2016 $7,398 $766,000 $282,000 $484,000
2015 $7,202 $732,000 $272,000 $460,000
2014 -- $701,000 $250,000 $451,000
2013 -- $528,000 $195,000 $333,000
Source: Public Records

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