501 Lance Dr Des Plaines, IL 60016
Estimated Value: $349,000 - $432,000
3
Beds
2
Baths
1,200
Sq Ft
$330/Sq Ft
Est. Value
About This Home
This home is located at 501 Lance Dr, Des Plaines, IL 60016 and is currently estimated at $395,589, approximately $329 per square foot. 501 Lance Dr is a home located in Cook County with nearby schools including Brentwood Elementary School, Friendship Jr High School, and Elk Grove High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 27, 2014
Sold by
Qureshi Qazi T and Jabeen Nargis
Bought by
Qureshi Qazi and Jabeen Nargis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$103,633
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$291,956
Purchase Details
Closed on
May 7, 2008
Sold by
Homesales Inc
Bought by
Qureshi Qazi T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.36%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 9, 2007
Sold by
Bac Paul S
Bought by
Homesales Inc
Purchase Details
Closed on
Aug 28, 2000
Sold by
Hultberg Glenn H and Hultberg Ann S
Bought by
Bac Paul S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
8.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qureshi Qazi | -- | Carrington Title Partners Ll | |
| Qureshi Qazi T | $240,500 | First American Title | |
| Homesales Inc | -- | None Available | |
| Bac Paul S | $213,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Qureshi Qazi | $135,000 | |
| Previous Owner | Qureshi Qazi T | $180,000 | |
| Previous Owner | Bac Paul S | $170,400 | |
| Closed | Bac Paul S | $85,200 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,089 | $35,000 | $7,350 | $27,650 |
| 2024 | $6,089 | $30,000 | $6,300 | $23,700 |
| 2023 | $5,776 | $30,000 | $6,300 | $23,700 |
| 2022 | $5,776 | $30,000 | $6,300 | $23,700 |
| 2021 | $3,506 | $25,903 | $4,200 | $21,703 |
| 2020 | $3,194 | $25,903 | $4,200 | $21,703 |
| 2019 | $3,212 | $28,782 | $4,200 | $24,582 |
| 2018 | $3,637 | $23,546 | $3,500 | $20,046 |
| 2017 | $3,509 | $23,546 | $3,500 | $20,046 |
| 2016 | $4,041 | $23,546 | $3,500 | $20,046 |
| 2015 | $4,532 | $20,993 | $3,150 | $17,843 |
| 2014 | $4,388 | $20,993 | $3,150 | $17,843 |
| 2013 | $3,896 | $20,993 | $3,150 | $17,843 |
Source: Public Records
Map
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