NOT LISTED FOR SALE

7051 Palma Ln Morton Grove, IL 60053

Estimated Value: $959,000 - $997,000

4 Beds
4 Baths
3,792 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 7051 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $971,648, approximately $256 per square foot. 7051 Palma Ln is a home located in Cook County with nearby schools including Hynes Elementary School, Golf Middle School, and Niles North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2007
Sold by
7051 Palma Inc
Bought by
Sikoral Thomas and Sikoral Anastasia
Current Estimated Value
$971,648

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
6.2%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 2006
Sold by
Phillips Robert C
Bought by
7051 Palma Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 1997
Sold by
Tannehill Lynn A
Bought by
Phillips Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.27%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Sikoral Thomas $870,000 Marquis Title
7051 Palma Inc $300,000 Marquis Title
Phillips Robert C $155,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikoral Thomas $567,000
Closed Sikoral Thomas $650,000
Previous Owner 7051 Palma Inc $405,000
Previous Owner 7051 Palma Inc $225,000
Previous Owner Phillips Robert C $150,000
Previous Owner Phillips Robert C $139,000
Previous Owner Phillips Robert C $139,500
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 $19,771 $76,001 $9,718 $66,283
2023 $18,862 $76,001 $9,718 $66,283
2022 $18,862 $76,001 $9,718 $66,283
2021 $15,951 $57,195 $5,980 $51,215
2020 $15,731 $57,195 $5,980 $51,215
2019 $15,893 $64,264 $5,980 $58,284
2018 $17,211 $62,610 $5,419 $57,191
2017 $17,293 $62,610 $5,419 $57,191
2016 $16,598 $62,610 $5,419 $57,191
2015 $15,647 $54,308 $4,671 $49,637
2014 $15,363 $54,308 $4,671 $49,637
2013 $15,623 $56,166 $4,671 $51,495
Source: Public Records

Map

Illinois Cook County Morton Grove 60053

7051 Palma Ln, Morton Grove, IL

This home is located at 7051 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $971,648, approximately $256 per square foot. 7051 Palma Ln is a home located in Cook County with nearby schools including Hynes Elementary School, Golf Middle School, and Niles North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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