NOT LISTED FOR SALE

7222 W Balmoral Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $272,000 - $336,000

2 Beds
2 Baths
930 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 7222 W Balmoral Ave, Chicago, IL 60656 and is currently estimated at $303,092, approximately $325 per square foot. 7222 W Balmoral Ave is a home located in Cook County with nearby schools including Oriole Park Elementary School, William Howard Taft High School, and St. Monica Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2017
Sold by
Benjamin J Huh
Bought by
Kaya Hakan
Current Estimated Value
$303,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Outstanding Balance
$6,241
Interest Rate
3.86%
Estimated Equity
$296,851

Purchase Details

Closed on
Aug 30, 2010
Sold by
Parkway Bank & Trust Company
Bought by
Huh Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Besefske Joan
Bought by
Parkway Bank & Trust Co and Trust #13999
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
Kaya Hakan $215,000 --
Huh Benjamin J $140,000 Pntn
Parkway Bank & Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaya Hakan $7,500
Closed Kaya Hakan --
Previous Owner Huh Benjamin J $112,000
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 $3,942 $17,000 $4,645 $12,355
2023 $3,821 $22,000 $3,716 $18,284
2022 $3,821 $22,000 $3,716 $18,284
2021 $3,754 $22,000 $3,716 $18,284
2020 $3,471 $18,683 $2,322 $16,361
2019 $3,436 $20,531 $2,322 $18,209
2018 $3,377 $20,531 $2,322 $18,209
2017 $3,987 $21,895 $2,043 $19,852
2016 $3,885 $21,895 $2,043 $19,852
2015 $3,743 $23,048 $2,043 $21,005
2014 $2,121 $14,000 $1,858 $12,142
2013 $2,068 $14,000 $1,858 $12,142
Source: Public Records

Map

Illinois Cook County Chicago 60656 Norwood Park

7222 W Balmoral Ave, Chicago, IL

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