NOT LISTED FOR SALE

Estimated Value: $585,525 - $663,000

5 Beds
4 Baths
3,566 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 7906 Lotus Ave, Morton Grove, IL 60053 and is currently estimated at $628,881, approximately $176 per square foot. 7906 Lotus Ave is a home located in Cook County with nearby schools including Madison Elementary School, Thomas Edison Elementary School, and Lincoln Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2014
Sold by
Saeed Vafa Mehrnaz
Bought by
Saeed Vafa Mehrnaz and Saeed Vafa Living Trust
Current Estimated Value
$628,881

Purchase Details

Closed on
Jun 2, 2007
Sold by
Dobos Joseph and Dobos Ildiko
Bought by
Saeedvafa Mehrnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$244,890
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,991

Purchase Details

Closed on
Aug 19, 2003
Sold by
Dobos Joseph
Bought by
Dobos Joseph and Dobos Ildiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1996
Sold by
Kennedy Kevin G and Kennedy Dorothy F
Bought by
Kennedy Kevin G and Kennedy Dorothy F
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
Saeed Vafa Mehrnaz -- None Available
Saeedvafa Mehrnaz $707,000 Heritage Title Company
Dobos Joseph -- Stewart Title
Kennedy Kevin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saeedvafa Mehrnaz $400,000
Previous Owner Dobos Joseph $193,000
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 $7,723 $25,072 $4,875 $20,197
2023 $7,621 $25,072 $4,875 $20,197
2022 $7,621 $25,072 $4,875 $20,197
2021 $7,037 $20,227 $3,000 $17,227
2020 $7,005 $20,227 $3,000 $17,227
2019 $7,051 $22,727 $3,000 $19,727
2018 $7,681 $22,184 $2,718 $19,466
2017 $8,675 $23,067 $2,718 $20,349
2016 $7,390 $23,067 $2,718 $20,349
2015 $6,865 $19,726 $2,343 $17,383
2014 $6,891 $20,144 $2,343 $17,801
2013 $7,236 $21,024 $2,343 $18,681
Source: Public Records

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