NOT LISTED FOR SALE

7505 Palma Ln Morton Grove, IL 60053

Estimated Value: $317,000 - $441,000

3 Beds
2 Baths
1,092 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 7505 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $392,001, approximately $358 per square foot. 7505 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
Apr 26, 2023
Sold by
Gorak Thomas G and Gorak Jelka Lela
Bought by
7505 Palma Llc
Current Estimated Value
$392,001

Purchase Details

Closed on
Sep 30, 1999
Sold by
Tcf National Bank Illinois
Bought by
Gorak Thomas G and Gorak Jelka Lela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
7.37%

Purchase Details

Closed on
Sep 11, 1997
Sold by
Bicanin Borislav and Bicanin Dragana
Bought by
Dyanov Hristem M and Dyanova Louisa G

Purchase Details

Closed on
Dec 21, 1994
Sold by
Abt Frank C and Abt Barbara A
Bought by
Bicanin Borislav and Bicanin Dragana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.23%
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
7505 Palma Llc $259,000 None Listed On Document
Gorak Thomas G $163,000 --
Dyanov Hristem M $121,333 --
Bicanin Borislav $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorak Thomas G $130,400
Previous Owner Bicanin Borislav $90,000
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 $5,799 $27,401 $7,854 $19,547
2023 $5,483 $27,401 $7,854 $19,547
2022 $5,483 $27,401 $7,854 $19,547
2021 $4,499 $20,581 $5,533 $15,048
2020 $6,698 $22,350 $5,533 $16,817
2019 $5,443 $26,893 $5,533 $21,360
2018 $3,987 $19,819 $4,819 $15,000
2017 $3,948 $19,819 $4,819 $15,000
2016 $4,577 $21,341 $4,819 $16,522
2015 $3,989 $18,083 $4,105 $13,978
2014 $4,189 $19,011 $4,105 $14,906
2013 $4,667 $21,206 $4,105 $17,101
Source: Public Records

Map

Illinois Cook County Morton Grove 60053

7505 Palma Ln, Morton Grove, IL

This home is located at 7505 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $392,001, approximately $358 per square foot. 7505 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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