7218 Fair Elms Ave Burr Ridge, IL 60527
Burr Ridge East NeighborhoodEstimated Value: $843,000 - $1,037,000
3
Beds
3
Baths
2,823
Sq Ft
$338/Sq Ft
Est. Value
About This Home
This home is located at 7218 Fair Elms Ave, Burr Ridge, IL 60527 and is currently estimated at $953,666, approximately $337 per square foot. 7218 Fair Elms Ave is a home located in Cook County with nearby schools including Pleasantdale Elementary School, Pleasantdale Middle School, and Lyons Township High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Busse Thomas C and Roy Ruby
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Outstanding Balance
$46,927
Interest Rate
7.45%
Estimated Equity
$906,739
Purchase Details
Closed on
May 20, 1997
Sold by
Bank One Illinois Na
Bought by
American National Bk & Tr Co Of Chicago and Trust #3754
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Busse Thomas C | $352,500 | -- | |
| American National Bk & Tr Co Of Chicago | $92,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Busse Thomas C | $281,700 |
Source: Public Records
Tax History Compared to Growth
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 | $11,921 | $66,000 | $11,500 | $54,500 |
| 2023 | $11,795 | $66,000 | $11,500 | $54,500 |
| 2022 | $11,795 | $57,211 | $10,000 | $47,211 |
| 2021 | $11,414 | $57,210 | $10,000 | $47,210 |
| 2020 | $11,100 | $57,210 | $10,000 | $47,210 |
| 2019 | $9,643 | $50,854 | $9,000 | $41,854 |
| 2018 | $9,840 | $50,854 | $9,000 | $41,854 |
| 2017 | $9,491 | $50,854 | $9,000 | $41,854 |
| 2016 | $8,734 | $42,382 | $8,000 | $34,382 |
| 2015 | $8,696 | $42,382 | $8,000 | $34,382 |
| 2014 | $8,270 | $42,382 | $8,000 | $34,382 |
| 2013 | $7,975 | $42,032 | $8,000 | $34,032 |
Source: Public Records
Map
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