NOT LISTED FOR SALE

6271 Lincoln Ave Morton Grove, IL 60053

Estimated Value: $487,000 - $508,000

3 Beds
3 Baths
2,405 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 6271 Lincoln Ave, Morton Grove, IL 60053 and is currently estimated at $496,360, approximately $206 per square foot. 6271 Lincoln Ave is a home located in Cook County with nearby schools including Park View Elementary School, Niles West High School, and St John Brebeuf School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Hong Soon Sung and Joo Chan Young
Bought by
Mohammed Parveen and Mohammed Saifuddin
Current Estimated Value
$496,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$251,212
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$245,148

Purchase Details

Closed on
Jun 13, 2018
Sold by
Young Hong Soon Sung and Young Joo Chan
Bought by
Young Hong Soon Sung and Young Joo Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Kendrick John M
Bought by
Hong Soon Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,750
Interest Rate
6.63%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 19, 2003
Sold by
Woodlands Of Morton Grove Llc
Bought by
Kendrick John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Mohammed Parveen $390,000 Chicago Title
Young Hong Soon Sung -- Precision Title Company
Hong Soon Sung $432,500 Ticor
Kendrick John M $395,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Parveen $280,000
Previous Owner Young Hong Soon Sung $296,250
Previous Owner Hong Soon Sung $302,750
Previous Owner Kendrick John M $280,000
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 $11,323 $39,204 $2,664 $36,540
2023 $10,789 $39,204 $2,664 $36,540
2022 $10,789 $39,204 $2,664 $36,540
2021 $8,906 $31,096 $1,639 $29,457
2020 $8,740 $31,096 $1,639 $29,457
2019 $8,770 $34,751 $1,639 $33,112
2018 $7,326 $26,652 $1,485 $25,167
2017 $7,400 $26,652 $1,485 $25,167
2016 $7,238 $26,652 $1,485 $25,167
2015 $5,713 $20,353 $1,280 $19,073
2014 $5,725 $20,353 $1,280 $19,073
2013 $4,984 $20,353 $1,280 $19,073
Source: Public Records

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