NOT LISTED FOR SALE

7338 Palma Ln Morton Grove, IL 60053

Estimated Value: $355,000 - $426,000

4 Beds
2 Baths
1,421 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 7338 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $387,998, approximately $273 per square foot. 7338 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
Mar 1, 2024
Sold by
Matei Marian
Bought by
Marian Matei And Georgeta Gherghe Revocable L and Matei
Current Estimated Value
$387,998

Purchase Details

Closed on
Aug 21, 2020
Sold by
Milosevic Dragica
Bought by
Matei Marian and Gherghe Georgeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Song Hae Ran
Bought by
Milosevic Dragica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2003
Sold by
Song Jae In and Song Chae Ran
Bought by
Song Mae Ran

Purchase Details

Closed on
Sep 24, 1999
Sold by
Khamou Odishow and Khamou Maha
Bought by
Song Jae In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
9.99%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Yoo Young Som and Yoo Hyang W
Bought by
Khamou Odishow and Khamou Maha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
7.22%
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
Marian Matei And Georgeta Gherghe Revocable L -- Fidelity National Title
Matei Marian $235,000 Chicago Title
Milosevic Dragica $307,000 Pntn
Song Mae Ran -- --
Song Jae In $190,000 Professional National Title
Khamou Odishow $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matei Marian $176,250
Previous Owner Milosevic Dragica $245,000
Previous Owner Milosevic Dragica $245,000
Previous Owner Song Hae Ran $256,500
Previous Owner Song Jae In $80,000
Previous Owner Song Jae In $155,000
Previous Owner Song Jae In $152,000
Previous Owner Khamou Odishow $154,850
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 $6,710 $26,000 $7,788 $18,212
2023 $6,710 $26,000 $7,788 $18,212
2022 $6,710 $26,000 $7,788 $18,212
2021 $8,616 $27,936 $5,487 $22,449
2020 $8,372 $27,936 $5,487 $22,449
2019 $4,253 $31,041 $5,487 $25,554
2018 $4,742 $25,952 $4,779 $21,173
2017 $4,578 $25,952 $4,779 $21,173
2016 $5,092 $25,952 $4,779 $21,173
2015 $5,854 $24,495 $4,071 $20,424
2014 $5,598 $24,495 $4,071 $20,424
2013 $5,061 $24,495 $4,071 $20,424
Source: Public Records

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