NOT LISTED FOR SALE

7220 N Tripp Ave Lincolnwood, IL 60712

Estimated Value: $566,000 - $692,000

4 Beds
3 Baths
1,820 Sq Ft
$349/Sq Ft Est. Value

About This Home

This home is located at 7220 N Tripp Ave, Lincolnwood, IL 60712 and is currently estimated at $634,421, approximately $348 per square foot. 7220 N Tripp Ave is a home located in Cook County with nearby schools including Todd Hall Elementary School, Rutledge Hall Elementary School, and Lincoln Hall Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
Sous Usama
Bought by
Iyassu Alganesh
Current Estimated Value
$634,421

Purchase Details

Closed on
Apr 15, 2022
Sold by
Village Of Lincolnwood
Bought by
Sous Usama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2022
Sold by
Sous George
Bought by
Sous Usama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2020
Sold by
George Sous and George Usama Sous
Bought by
George Sous and George Usama Sous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2017
Sold by
Sous George and Sous Usama
Bought by
Jhgu Irrevocable Trust

Purchase Details

Closed on
May 24, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Sous George and Sous Usama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,177
Interest Rate
3.87%
Mortgage Type
FHA
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

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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
Iyassu Alganesh $559,000 None Listed On Document
Sous Usama -- --
Sous Usama -- None Listed On Document
Sous Usama -- --
George Sous -- Greater Illinois Title Co
Jhgu Irrevocable Trust -- None Available
Jhgu Irrevocable Trust -- None Available
Sous George $366,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sous Usama $100,000
Previous Owner George Sous $312,500
Previous Owner Sous George $333,200
Previous Owner Sous George $351,177
Previous Owner Exchange National Bank & Trust $100,000
Previous Owner Lasalle Bank Na $100,000
Previous Owner Lasalle Bank National Assn $50,000
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 $11,524 $46,414 $10,359 $36,055
2023 $11,707 $46,414 $10,359 $36,055
2022 $11,707 $49,000 $10,359 $38,641
2021 $8,479 $32,557 $7,399 $25,158
2020 $8,388 $32,557 $7,399 $25,158
2019 $8,472 $36,175 $7,399 $28,776
2018 $9,166 $37,214 $6,474 $30,740
2017 $9,220 $37,214 $6,474 $30,740
2016 $8,993 $37,214 $6,474 $30,740
2015 $8,887 $31,757 $5,549 $26,208
Source: Public Records

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