NOT LISTED FOR SALE

7515 Lake St Morton Grove, IL 60053

Estimated Value: $438,000 - $483,000

3 Beds
2 Baths
1,200 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $332,500 $277 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,174/month

11 Days on Market

Highlights

  • Detached Garage
  • Maine East High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Stunning remodeled 3BR/2BA home in Morton Grove. Contemporary style kitchen with island. Hardwood Floors T/O. Brand new bathroom, Hot Water Heater and sump pump. Kitchen, roof, siding, floors and electric all completed within the last 3 years. Great location, close to shopping, parks and transportation. Act fast.

Last Agent to Sell the Property

Kevin Conroy

Dream Town Real Estate License #475138383 Listed on: 09/20/2020

Last Buyer's Agent

Jill Ruter

@properties Christie's International Real Estate License #475168028

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,929

Year Renovated

  • 2017

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,929

Year Renovated

2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: Unknown
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2017
  • Total Full or Half Bathrooms: 2
  • Type Detached: 3 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 24X13, On Level: Main Level, Flooring: Hardwood
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 16X11, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X10, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X9, On Level: 2nd Level
  • Estimated Sq Ft: 1200
  • Family Room: Dimensions: 16X11, On Level: Basement, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Acreage: 0.1722

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 207
  • Junior High Dist: 63

Lot Info

  • Lot Dimensions: 60X125
  • Parcel Identification Number: 09134140050000

Tax Info

  • Taxes: 6242.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Wallace Elizabeth and Wallace Daniel
Bought by
Racela Maurice Robert and Cronin Elizabeth K
Current Estimated Value
$458,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Outstanding Balance
$414,550
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$34,872

Purchase Details

Listed on
Sep 20, 2020
Closed on
Nov 20, 2020
Sold by
Xavier Philip and Xavier Sheila
Bought by
Wallace Dan and Golitko Elizabeth
Seller's Agent
Kevin Conroy
Dream Town Real Estate
Buyer's Agent
Jill Ruter
@properties Christie's International Real Estate
List Price
$346,900
Sold Price
$332,500
Premium/Discount to List
-$14,400
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$282,625
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Fasino Asha K
Bought by
Xavier Philip and Xavier Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 2011
Sold by
Masani Asha K
Bought by
Fasino Asha K

Purchase Details

Closed on
Dec 7, 2002
Sold by
Masani Krishnakumar J and Masani Asha K
Bought by
Masani Asha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.3%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Masani Asha K
Bought by
Masani Krishnakumar J and Masani Asha K

Purchase Details

Closed on
Oct 18, 1993
Sold by
Masani Krishnakumar J and Masani Asha K
Bought by
Masani Asha K
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Racela Maurice Robert $440,000 None Listed On Document
Wallace Dan $332,500 Near North National Title
Xavier Philip $210,000 Chicago Title
Fasino Asha K -- None Available
Masani Asha K -- --
Masani Krishnakumar J -- --
Masani Asha K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racela Maurice Robert $418,000
Previous Owner Wallace Dan $282,625
Previous Owner Xavier Philip $210,000
Previous Owner Masani Asha K $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $332,500 -4.2% $277 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $346,900 -- $289 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,929 $33,000 $8,250 $24,750
2023 $8,516 $33,000 $8,250 $24,750
2022 $8,516 $33,000 $8,250 $24,750
2021 $7,549 $24,476 $5,812 $18,664
2020 $6,405 $24,476 $5,812 $18,664
2019 $6,243 $27,196 $5,812 $21,384
2018 $7,175 $24,538 $5,062 $19,476
2017 $6,080 $24,538 $5,062 $19,476
2016 $5,913 $24,538 $5,062 $19,476
2015 $5,760 $22,242 $4,312 $17,930
2014 $5,641 $22,242 $4,312 $17,930
2013 $6,216 $24,872 $4,312 $20,560
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10873638

Midwest Real Estate Data (MRED)

APN: 09-13-414-005-0000