NOT LISTED FOR SALE

7448 Palma Ln Morton Grove, IL 60053

Estimated Value: $355,000 - $470,000

3 Beds
1 Bath
1,092 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 7448 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $405,867, approximately $371 per square foot. 7448 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
Oct 23, 2014
Sold by
Hartz John E and Hartz Barbara A
Bought by
John & Barbara Hartz Joint Trust
Current Estimated Value
$405,867

Purchase Details

Closed on
Jun 4, 2005
Sold by
Leung Henry K and Leung Doris T L
Bought by
Hartz John E and Hartz Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$183,314
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$212,890

Purchase Details

Closed on
Jul 12, 1995
Sold by
Mallman Frank J and Mallman Barbara
Bought by
Leung Henry K and Leung Doris T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
John & Barbara Hartz Joint Trust -- None Available
Hartz John E $355,000 Multiple
Leung Henry K $247,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartz John E $337,250
Previous Owner Leung Henry K $80,000
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 $5,766 $28,500 $7,920 $20,580
2023 $5,766 $28,500 $7,920 $20,580
2022 $5,766 $28,500 $7,920 $20,580
2021 $6,303 $26,431 $5,580 $20,851
2020 $6,247 $26,431 $5,580 $20,851
2019 $6,093 $29,368 $5,580 $23,788
2018 $6,152 $27,224 $4,860 $22,364
2017 $6,076 $27,224 $4,860 $22,364
2016 $6,155 $27,224 $4,860 $22,364
2015 $5,541 $23,370 $4,140 $19,230
2014 $5,438 $23,370 $4,140 $19,230
2013 $5,271 $23,370 $4,140 $19,230
Source: Public Records

Map

Illinois Cook County Morton Grove 60025

7448 Palma Ln, Morton Grove, IL

This home is located at 7448 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $405,867, approximately $371 per square foot. 7448 Palma Ln is a home located in Cook County with nearby schools including Melzer School, Gemini Middle School, and Maine East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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