NOT LISTED FOR SALE

7227 Palma Ln Morton Grove, IL 60053

Estimated Value: $360,000 - $409,000

3 Beds
1 Bath
1,126 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 7227 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $382,285, approximately $339 per square foot. 7227 Palma Ln is a home located in Cook County with nearby schools including Melzer School, Gemini Middle School, and Maine East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2001
Sold by
Jacobson Scott
Bought by
Schneider Dean
Current Estimated Value
$382,285

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
7.58%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Clipper Robert B
Bought by
Jacobson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.31%
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
Schneider Dean $196,000 1St American Title
Jacobson Scott $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Dean $100,000
Previous Owner Jacobson Scott $90,000
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 $6,007 $25,518 $7,389 $18,129
2023 $5,976 $26,576 $7,389 $19,187
2022 $5,976 $26,576 $7,389 $19,187
2021 $6,353 $23,929 $5,205 $18,724
2020 $6,241 $23,929 $5,205 $18,724
2019 $6,083 $26,588 $5,205 $21,383
2018 $5,095 $20,860 $4,533 $16,327
2017 $5,023 $20,860 $4,533 $16,327
2016 $5,349 $22,436 $4,533 $17,903
2015 $4,843 $19,119 $3,862 $15,257
2014 $4,746 $19,119 $3,862 $15,257
2013 $4,608 $19,119 $3,862 $15,257
Source: Public Records

Map

Illinois Cook County Morton Grove 60053

7227 Palma Ln, Morton Grove, IL

This home is located at 7227 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $382,285, approximately $339 per square foot. 7227 Palma Ln is a home located in Cook County with nearby schools including Melzer School, Gemini Middle School, and Maine East High School.

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