NOT LISTED FOR SALE

7124 W 51st Place Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $337,000 - $366,000

3 Beds
1 Bath
1,103 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 7124 W 51st Place, Chicago, IL 60638 and is currently estimated at $352,754, approximately $319 per square foot. 7124 W 51st Place is a home located in Cook County with nearby schools including Byrne Elementary School, Kennedy High School, and Peckwas Preparatory Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
First Midwest Bank
Bought by
Oestmann Sandra and Grigalunas Nicole
Current Estimated Value
$352,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,905
Outstanding Balance
$214,901
Interest Rate
3.25%
Estimated Equity
$137,853

Purchase Details

Closed on
Dec 7, 2007
Sold by
Grbac Mary L
Bought by
Palos Bank & Trust Co and Trust #1-7404
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
Oestmann Sandra $280,000 --
Palos Bank & Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oestmann Sandra $265,905
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 $4,879 $29,000 $6,845 $22,155
2023 $4,050 $23,000 $6,111 $16,889
2022 $4,050 $23,000 $6,111 $16,889
2021 $3,955 $22,999 $6,111 $16,888
2020 $4,254 $22,076 $4,889 $17,187
2019 $4,266 $24,529 $4,889 $19,640
2018 $4,194 $24,529 $4,889 $19,640
2017 $3,516 $19,600 $4,400 $15,200
2016 $3,448 $19,600 $4,400 $15,200
2015 $3,134 $19,600 $4,400 $15,200
2014 $2,881 $17,974 $4,155 $13,819
2013 $2,813 $17,974 $4,155 $13,819
Source: Public Records

Map

Illinois Cook County Chicago 60638 Garfield Ridge

7124 W 51st Place, Chicago, IL

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