NOT LISTED FOR SALE

734 E Westminster Lake Forest, IL 60045

Estimated Value: $2,338,416 - $2,758,000

5 Beds
7 Baths
5,300 Sq Ft
$468/Sq Ft Est. Value

About This Home

This home is located at 734 E Westminster, Lake Forest, IL 60045 and is currently estimated at $2,482,472, approximately $468 per square foot. 734 E Westminster is a home located in Lake County with nearby schools including Sheridan Elementary School, Deer Path Middle School East, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 1997
Sold by
Dixon Stewart S and Romayne W Dixon Trust
Bought by
Patel Homi B and Patel Anne N
Current Estimated Value
$2,482,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7%
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
Patel Homi B $930,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Patel Homi B $145,100
Closed Patel Homi B $161,788
Closed Patel Homi B $160,000
Open Patel Homi B $500,000
Closed Patel Homi B $550,000
Closed Patel Homi B $850,000
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 $35,511 $642,692 $373,246 $269,446
2023 $33,425 $564,240 $327,685 $236,555
2022 $33,425 $553,561 $321,483 $232,078
2021 $32,498 $548,786 $318,710 $230,076
2020 $31,769 $551,821 $320,473 $231,348
2019 $30,184 $541,691 $314,590 $227,101
2018 $20,072 $691,415 $419,102 $272,313
2017 $35,446 $679,857 $412,096 $267,761
2016 $33,701 $647,113 $392,248 $254,865
2015 $33,327 $609,334 $369,348 $239,986
2014 $38,827 $705,560 $331,600 $373,960
2012 $38,046 $711,680 $334,476 $377,204
Source: Public Records

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