NOT LISTED FOR SALE

7432 Palma Ln Morton Grove, IL 60053

Estimated Value: $678,000 - $1,038,000

5 Beds
5 Baths
4,195 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 7432 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $917,572, approximately $218 per square foot. 7432 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 16, 2002
Sold by
Mccormick Mark and Mccormick Carolyn
Bought by
Bhimani Badeem
Current Estimated Value
$917,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,208
Interest Rate
7.14%

Purchase Details

Closed on
Aug 13, 2001
Sold by
Mondlock Peter J and Mondlock Michelle L
Bought by
Mccormick Mark and Mccormick Carolyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bhimani Badeem $265,000 --
Mccormick Mark $264,000 Centennial Title Incorporate
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhimani Nadeem $510,400
Closed Bhimani Nadeem $710,000
Closed Bhimani Nadeem $430,000
Closed Bhimani Nadeem $86,485
Closed Bhimani Nadeem $217,000
Closed Bhimani Nadeem $239,000
Closed Bhimani Badeem $238,208
Previous Owner Mccormick Mark $250,000
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 $17,182 $70,000 $10,971 $59,029
2023 $17,182 $70,000 $10,971 $59,029
2022 $17,182 $70,000 $10,971 $59,029
2021 $21,594 $73,340 $7,729 $65,611
2020 $21,049 $73,340 $7,729 $65,611
2019 $20,504 $81,489 $7,729 $73,760
2018 $20,089 $72,140 $6,732 $65,408
2017 $19,756 $72,140 $6,732 $65,408
2016 $18,683 $72,140 $6,732 $65,408
2015 $16,820 $59,909 $5,735 $54,174
2014 $16,441 $59,909 $5,735 $54,174
2013 $16,008 $59,909 $5,735 $54,174
Source: Public Records

Map

Illinois Cook County Morton Grove 60025

7432 Palma Ln, Morton Grove, IL

This home is located at 7432 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $917,572, approximately $218 per square foot. 7432 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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