7242 N Ridge Blvd Chicago, IL 60645
West Ridge NeighborhoodEstimated Value: $370,000 - $404,000
3
Beds
3
Baths
1,340
Sq Ft
$292/Sq Ft
Est. Value
About This Home
This home is located at 7242 N Ridge Blvd, Chicago, IL 60645 and is currently estimated at $391,720, approximately $292 per square foot. 7242 N Ridge Blvd is a home located in Cook County with nearby schools including George Armstrong Elementary School, Sullivan High School, and Acero - Sor Juana Ines de la Cruz School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2006
Sold by
Tung Lam
Bought by
Tung Lam and Duong Dinh
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
$240,000
Outstanding Balance
$145,704
Interest Rate
7.16%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$246,016
Purchase Details
Closed on
Feb 3, 2005
Sold by
Suburbank Bank & Trust Co
Bought by
Tung Lam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
May 17, 2002
Sold by
Shazia Yousaf Zeekrya and Shazia Zeekrya
Bought by
Suburban Bank & Trust Company and Trust #74-3194
Purchase Details
Closed on
Oct 9, 2001
Sold by
Hud
Bought by
Yousaf Zeekrya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,200
Interest Rate
6.12%
Purchase Details
Closed on
Mar 7, 2001
Sold by
Beckford Patrick
Bought by
Hud
Purchase Details
Closed on
Mar 20, 1998
Sold by
Koller Carl J and Koller Rose Marie
Bought by
Beckford Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,910
Interest Rate
7.26%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tung Lam | -- | Chicago Title Insurance Co | |
| Tung Lam | $277,500 | Stewart Title Of Illinois | |
| Suburban Bank & Trust Company | -- | -- | |
| Yousaf Zeekrya | -- | Stewart Title | |
| Hud | -- | -- | |
| Beckford Patrick | $121,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tung Lam | $240,000 | |
| Closed | Tung Lam | $222,000 | |
| Previous Owner | Yousaf Zeekrya | $136,200 | |
| Previous Owner | Beckford Patrick | $120,910 | |
| Closed | Tung Lam | $27,700 |
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 | $6,052 | $32,000 | $8,057 | $23,943 |
| 2023 | $5,878 | $32,000 | $6,446 | $25,554 |
| 2022 | $5,878 | $32,000 | $6,446 | $25,554 |
| 2021 | $5,765 | $31,999 | $6,445 | $25,554 |
| 2020 | $4,425 | $22,968 | $6,087 | $16,881 |
| 2019 | $4,427 | $25,463 | $6,087 | $19,376 |
| 2018 | $4,351 | $25,463 | $6,087 | $19,376 |
| 2017 | $3,995 | $21,934 | $5,371 | $16,563 |
| 2016 | $3,893 | $21,934 | $5,371 | $16,563 |
| 2015 | $3,539 | $21,934 | $5,371 | $16,563 |
| 2014 | $3,057 | $19,047 | $5,013 | $14,034 |
| 2013 | $2,986 | $19,047 | $5,013 | $14,034 |
Source: Public Records
Map
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