NOT LISTED FOR SALE

7040 Springside Ave Downers Grove, IL 60516

South Downers Grove Neighborhood

Estimated Value: $481,953 - $542,000

-- Bed
1 Bath
1,598 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 7040 Springside Ave, Downers Grove, IL 60516 and is currently estimated at $515,738, approximately $322 per square foot. 7040 Springside Ave is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2000
Sold by
Loreck Irving J and Loreck Milagros
Bought by
Koshy George
Current Estimated Value
$513,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
8.66%
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
Koshy George $239,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koshy George $175,000
Closed Koshy George $252,000
Closed Koshy George $195,000
Closed Koshy George $57,000
Closed Koshy George $40,000
Closed Koshy George $200,000
Closed Koshy George $26,900
Closed Koshy George $187,500
Closed Koshy George $179,000
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 $8,422 $155,719 $49,060 $106,659
2023 $8,000 $142,580 $45,100 $97,480
2022 $7,695 $136,750 $43,110 $93,640
2021 $7,202 $135,190 $42,620 $92,570
2020 $7,068 $132,520 $41,780 $90,740
2019 $6,843 $127,160 $40,090 $87,070
2018 $6,738 $123,890 $39,840 $84,050
2017 $6,523 $119,220 $38,340 $80,880
2016 $6,392 $113,780 $36,590 $77,190
2015 $6,319 $107,040 $34,420 $72,620
2014 $6,322 $104,080 $33,470 $70,610
2013 $6,193 $103,590 $33,310 $70,280
Source: Public Records

Map

Illinois DuPage County Downers Grove 60516 South Downers Grove

7040 Springside Ave, Downers Grove, IL

This home is located at 7040 Springside Ave, Downers Grove, IL 60516 and is currently estimated at $515,738, approximately $322 per square foot. 7040 Springside Ave is a home located in DuPage County with nearby schools including Kingsley Elementary School, O'Neill Middle School, and Downers Grove South High School.

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