NOT LISTED FOR SALE

Estimated Value: $465,000 - $510,000

3 Beds
2 Baths
1,428 Sq Ft
$339/Sq Ft Est. Value

About This Home

This home is located at 505 Sumac Rd, Highland Park, IL 60035 and is currently estimated at $484,216, approximately $339 per square foot. 505 Sumac Rd is a home located in Lake County with nearby schools including Sherwood Elementary School, Edgewood Middle School, and Highland Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Chen Xian Ping and Xie Lian Qing
Bought by
Shihai Chen Living Trust and Chen
Current Estimated Value
$484,216
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
Shihai Chen Living Trust -- None Listed On Document
Shihai Chen Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xie Lian Qing $116,500
Previous Owner Xie Lian Ging $125,000
Previous Owner Chen Xian Ping $250,000
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 $8,780 $136,179 $46,821 $89,358
2023 $9,464 $122,750 $42,204 $80,546
2022 $9,464 $120,541 $46,363 $74,178
2021 $9,033 $116,521 $44,817 $71,704
2020 $8,741 $116,521 $44,817 $71,704
2019 $8,496 $115,976 $44,607 $71,369
2018 $8,805 $121,451 $49,124 $72,327
2017 $8,667 $120,751 $48,841 $71,910
2016 $8,345 $114,958 $46,498 $68,460
2015 $8,060 $106,809 $43,202 $63,607
2014 $8,907 $114,757 $42,063 $72,694
2012 $8,672 $115,426 $42,308 $73,118
Source: Public Records

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