NOT LISTED FOR SALE

7220 S Park Ave Burr Ridge, IL 60527

Estimated Value: $602,000 - $752,000

-- Bed
1 Bath
2,464 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 7220 S Park Ave, Burr Ridge, IL 60527 and is currently estimated at $651,338, approximately $264 per square foot. 7220 S Park Ave is a home located in DuPage County with nearby schools including Gower West Elementary School, Gower Middle School, and Hinsdale South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2009
Sold by
Palos Bank & Trust Company
Bought by
Ludwig Steven and Ludwig Kelly
Current Estimated Value
$651,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Ludwig Steven M and Ludwig Kelly A
Bought by
Palos Bank & Trust Co and Trust #1-6811

Purchase Details

Closed on
Oct 26, 2001
Sold by
Folkerts Vicky R
Bought by
Ludwig Steven M and Ludwig Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
6.68%

Purchase Details

Closed on
Aug 16, 2000
Sold by
Folkerts Jack W
Bought by
Folkerts Vicky R
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
Ludwig Steven -- Git
Palos Bank & Trust Co -- None Available
Ludwig Steven M $287,000 Attorneys Title Guaranty Fun
Folkerts Vicky R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ludwig Steven $207,000
Previous Owner Ludwig Steven M $229,600
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 $8,702 $179,563 $56,761 $122,802
2023 $8,339 $165,070 $52,180 $112,890
2022 $8,110 $161,410 $49,640 $111,770
2021 $7,794 $159,580 $49,080 $110,500
2020 $7,689 $156,420 $48,110 $108,310
2019 $7,397 $150,080 $46,160 $103,920
2018 $6,659 $140,560 $45,910 $94,650
2017 $6,608 $135,260 $44,180 $91,080
2016 $6,249 $125,250 $38,330 $86,920
2015 $6,206 $117,840 $36,060 $81,780
2014 $5,719 $107,340 $35,060 $72,280
2013 $5,578 $106,840 $34,900 $71,940
Source: Public Records

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