NOT LISTED FOR SALE

485 Park Ave Unit 5 Lake Villa, IL 60046

Downtown Lake Villa Neighborhood

Estimated Value: $143,015

-- Bed
-- Bath
6,975 Sq Ft
$21/Sq Ft Est. Value

About This Home

This home is located at 485 Park Ave Unit 5, Lake Villa, IL 60046 and is currently estimated at $143,015, approximately $20 per square foot. 485 Park Ave Unit 5 is a home located in Lake County with nearby schools including Thompson Elementary School, Palombi Middle School, and Lakes Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Master Shake Inc
Bought by
V Legacy Llc
Current Estimated Value
$143,015

Purchase Details

Closed on
Jul 31, 2007
Sold by
Olsen Victor K and Olsen Victor R
Bought by
Master Shake Inc

Purchase Details

Closed on
Nov 25, 2002
Sold by
Lasalle Bank Na
Bought by
Olsen Victor K and Olsen Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.75%
Mortgage Type
Commercial
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

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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
V Legacy Llc $118,500 --
Master Shake Inc $175,000 Ct
Olsen Victor K $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Victor R $102,000
Previous Owner Olsen Victor K $103,000
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 $3,060 $29,642 $5,458 $24,184
2023 $3,060 $29,100 $5,358 $23,742
2022 $3,094 $28,541 $5,255 $23,286
2021 $2,954 $26,513 $4,882 $21,631
2020 $2,898 $25,664 $4,726 $20,938
2019 $3,135 $24,665 $4,542 $20,123
2018 $4,431 $36,553 $3,418 $33,135
2017 $4,298 $35,578 $3,327 $32,251
2016 $4,371 $34,137 $3,192 $30,945
2015 $4,235 $31,883 $2,981 $28,902
2014 $4,135 $32,185 $3,009 $29,176
2012 $4,116 $32,341 $3,024 $29,317
Source: Public Records

Map

Illinois Lake County Lake Villa 60046 Downtown Lake Villa

485 Park Ave Unit 5, Lake Villa, IL

This home is located at 485 Park Ave Unit 5, Lake Villa, IL 60046 and is currently estimated at $143,015, approximately $20 per square foot. 485 Park Ave Unit 5 is a home located in Lake County with nearby schools including Thompson Elementary School, Palombi Middle School, and Lakes Community High School.

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