NOT LISTED FOR SALE

Estimated Value: $451,000 - $484,000

3 Beds
3 Baths
2,425 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 7023 Lorel Ave, Skokie, IL 60077 and is currently estimated at $471,881, approximately $194 per square foot. 7023 Lorel Ave is a home located in Cook County with nearby schools including Fairview South Elementary School, Niles West High School, and Hillel Torah North Suburban Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2015
Sold by
Ahmed Salma
Bought by
Dementiev Sergie E and Wells Ellina R
Current Estimated Value
$471,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Boon Kim Hong Chul and Boon Kim Ok
Bought by
Ahmed Salma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Dementiev Sergie E $335,000 Attorney
Ahmed Salma $423,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dementiev Sergei E $667,500
Closed Dementiev Sergei E $667,500
Closed Dementiev Sergei E $205,800
Closed Dementiev Sergie E $268,000
Previous Owner Ahmed Salma $315,000
Previous Owner Ahmed Salma $338,400
Previous Owner Ahmed Salma $42,250
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 $8,521 $42,000 $6,500 $35,500
2023 $8,226 $42,000 $6,500 $35,500
2022 $8,226 $42,000 $6,500 $35,500
2021 $6,476 $31,624 $4,882 $26,742
2020 $6,299 $31,624 $4,882 $26,742
2019 $6,422 $35,138 $4,882 $30,256
2018 $7,507 $37,270 $4,198 $33,072
2017 $7,446 $37,270 $4,198 $33,072
2016 $7,990 $37,270 $4,198 $33,072
2015 $8,207 $31,435 $3,661 $27,774
2014 $7,284 $31,435 $3,661 $27,774
2013 $7,384 $31,435 $3,661 $27,774
Source: Public Records

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