NOT LISTED FOR SALE

40 Schrum Rd Calumet City, IL 60409

Estimated Value: $130,000 - $174,000

2 Beds
2 Baths
959 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 40 Schrum Rd, Calumet City, IL 60409 and is currently estimated at $155,648, approximately $162 per square foot. 40 Schrum Rd is a home located in Cook County with nearby schools including Hoover Elementary School, Schrum Memorial Middle School, and Thornton Fractional North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Covington Jennifer M
Bought by
Jennifer M Covington Trust and Covington
Current Estimated Value
$155,648

Purchase Details

Closed on
Jun 22, 2006
Sold by
Lazzaroni Bobby G and Lazzaroni Mary E
Bought by
Covington Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1996
Sold by
Johnson Barbara J
Bought by
Lazzaroni Bobby G and Lazzaroni Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.19%

Purchase Details

Closed on
Sep 13, 1995
Sold by
Johnson Thomas R
Bought by
Johnson Barbara J
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
Jennifer M Covington Trust -- None Listed On Document
Covington Jennifer M $205,000 Attorneys Title Guaranty Fun
Lazzaroni Bobby G $128,000 Attorneys Title Guaranty Fun
Johnson Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington Jennifer M $164,000
Previous Owner Lazzaroni Bobby G $108,000
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 $5,711 $12,000 $4,408 $7,592
2023 $3,281 $12,000 $4,408 $7,592
2022 $3,281 $7,268 $3,889 $3,379
2021 $3,295 $7,268 $3,889 $3,379
2020 $2,944 $7,268 $3,889 $3,379
2019 $3,257 $7,810 $3,629 $4,181
2018 $3,273 $7,810 $3,629 $4,181
2017 $3,151 $7,810 $3,629 $4,181
2016 $2,954 $6,880 $3,370 $3,510
2015 $2,826 $6,880 $3,370 $3,510
2014 $2,753 $6,880 $3,370 $3,510
2013 $3,221 $8,083 $3,370 $4,713
Source: Public Records

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