NOT LISTED FOR SALE

7638 Palma Ln Morton Grove, IL 60053

Estimated Value: $442,000 - $534,000

3 Beds
3 Baths
1,900 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 7638 Palma Ln, Morton Grove, IL 60053 and is currently estimated at $497,396, approximately $261 per square foot. 7638 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
Dec 23, 2020
Sold by
Park Young Woo and Park Im Soon
Bought by
Park Grace and Park Gloria
Current Estimated Value
$497,396

Purchase Details

Closed on
Sep 11, 2019
Sold by
Park Young Woo and Park Im Soon
Bought by
Park Young Woo

Purchase Details

Closed on
Dec 31, 2016
Sold by
Choi Kyung Ja
Bought by
Choi Kyung Ja and Kyung Ja Choi Revocable Living Trust

Purchase Details

Closed on
Dec 14, 2016
Sold by
Park Young Woo and Park Im Soon
Bought by
Park Young Woo and Park James Young

Purchase Details

Closed on
Aug 16, 2011
Sold by
Weiss Roland
Bought by
Park Young Woo
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
Park Grace -- Affinity Title
Park Young Woo -- None Available
Choi Kyung Ja -- None Available
Park Young Woo -- None Available
Park Young Woo $200,000 Cti
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 $9,384 $38,000 $9,660 $28,340
2023 $8,924 $38,000 $9,660 $28,340
2022 $8,924 $38,000 $9,660 $28,340
2021 $8,229 $30,011 $6,510 $23,501
2020 $8,064 $30,011 $6,510 $23,501
2019 $7,957 $33,721 $6,510 $27,211
2018 $8,681 $33,126 $5,670 $27,456
2017 $8,547 $33,126 $5,670 $27,456
2016 $8,217 $33,126 $5,670 $27,456
2015 $7,548 $28,330 $4,830 $23,500
2014 $7,387 $28,330 $4,830 $23,500
2013 $7,182 $28,330 $4,830 $23,500
Source: Public Records

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