NOT LISTED FOR SALE

Estimated Value: $1,559,000 - $2,372,000

5 Beds
3 Baths
2,397 Sq Ft
$820/Sq Ft Est. Value

About This Home

This home is located at 641 W Armitage Ave, Chicago, IL 60614 and is currently estimated at $1,964,682, approximately $819 per square foot. 641 W Armitage Ave is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and St. James Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Slaasted Kai and Slaasted Kate
Bought by
Slaasted Kai and Kai Slaasted Trust
Current Estimated Value
$1,795,142

Purchase Details

Closed on
May 20, 2013
Sold by
Revocabl Scheppach Tracey Lynn
Bought by
Slaasted Kai and Slaasted Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,880
Outstanding Balance
$710,400
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,055,236

Purchase Details

Closed on
Mar 31, 2005
Sold by
Scheppach Tracey L
Bought by
Tracey Lynn Scheppach Revocable Trust

Purchase Details

Closed on
Dec 19, 2003
Sold by
Greatbanc Trust Co
Bought by
Scheppack Raymond S and Scheppach Tracey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Unknown
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

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
Slaasted Kai -- Attorney
Slaasted Kai $1,226,500 Chicago Title Insruance Comp
Tracey Lynn Scheppach Revocable Trust -- Chicago Title Insurance Comp
Scheppach Tracey L -- Chicago Title Insurance Comp
Scheppack Raymond S $977,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaasted Kai $980,880
Previous Owner Tracey Lynn Scheppach Revocable Trust $417,000
Previous Owner Tracey Lynn Scheppach Revocable Trust $404,600
Previous Owner Tracey Lynn Scheppach Revocable Trust $417,000
Previous Owner Tracey Lynn Scheppach Revocable Trust $180,000
Previous Owner Scheppach Raymond S $80,000
Previous Owner Scheppack Raymond S $650,000
Previous Owner Greatbanc Trust Co $1,816,137
Previous Owner Independent Trust Corp $400,000
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 $24,176 $158,808 $44,950 $113,858
2023 $23,547 $117,901 $36,250 $81,651
2022 $23,547 $117,901 $36,250 $81,651
2021 $23,039 $117,901 $36,250 $81,651
2020 $22,785 $105,384 $31,900 $73,484
2019 $22,325 $114,548 $31,900 $82,648
2018 $21,949 $114,548 $31,900 $82,648
2017 $18,566 $89,621 $26,100 $63,521
2016 $20,369 $104,194 $26,100 $78,094
2015 $19,675 $109,995 $26,100 $83,895
2014 $9,256 $49,887 $20,300 $29,587
2013 $9,167 $53,034 $20,300 $32,734
Source: Public Records

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