NOT LISTED FOR SALE

5040 Fair Elms Ave Western Springs, IL 60558

Forest Hills Neighborhood

Estimated Value: $1,580,000 - $1,914,000

4 Beds
3 Baths
4,370 Sq Ft
$408/Sq Ft Est. Value

About This Home

This home is located at 5040 Fair Elms Ave, Western Springs, IL 60558 and is currently estimated at $1,783,544, approximately $408 per square foot. 5040 Fair Elms Ave is a home located in Cook County with nearby schools including Forest Hills Elementary School, Mcclure Jr High School, and Lyons Township High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Gibbons Michael P and Gibbons Erin O
Bought by
Bohl David Adam and Bohl Kristy Ann
Current Estimated Value
$1,783,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,377
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
5040 Fair Elms Llc
Bought by
Gibbons Michael P and Gibbons Erin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2002
Sold by
Stind Phyllis O
Bought by
5040 Fair Elms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.75%
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
Bohl David Adam $1,225,000 Attorneys Ttl Guaranty Fund
Gibbons Michael P $1,289,000 --
5040 Fair Elms Llc $337,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bohl David Adam $1,102,377
Previous Owner Gibbons Michael P $890,000
Previous Owner Gibbons Michael P $375,000
Previous Owner Gibbons Michael P $820,000
Previous Owner 5040 Fair Elms Llc $1,900,000
Previous Owner 5040 Fair Elms Llc $300,000
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 $30,229 $136,000 $11,450 $124,550
2023 $31,355 $136,000 $11,450 $124,550
2022 $31,355 $122,793 $9,860 $112,933
2021 $29,397 $122,791 $9,859 $112,932
2020 $28,009 $122,791 $9,859 $112,932
2019 $25,151 $112,609 $8,905 $103,704
2018 $24,531 $112,609 $8,905 $103,704
2017 $23,812 $112,609 $8,905 $103,704
2016 $21,408 $89,396 $7,633 $81,763
2015 $21,040 $89,396 $7,633 $81,763
2014 $20,721 $89,396 $7,633 $81,763
2013 $16,453 $71,756 $7,633 $64,123
Source: Public Records

Map

Illinois Cook County Western Springs 60558 Forest Hills

5040 Fair Elms Ave, Western Springs, IL

This home is located at 5040 Fair Elms Ave, Western Springs, IL 60558 and is currently estimated at $1,783,544, approximately $408 per square foot. 5040 Fair Elms Ave is a home located in Cook County with nearby schools including Forest Hills Elementary School, Mcclure Jr High School, and Lyons Township High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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