8007 W Farmhill Ln Palos Park, IL 60464
Ishnala NeighborhoodEstimated Value: $460,000 - $506,000
4
Beds
3
Baths
1,629
Sq Ft
$297/Sq Ft
Est. Value
About This Home
This home is located at 8007 W Farmhill Ln, Palos Park, IL 60464 and is currently estimated at $484,240, approximately $297 per square foot. 8007 W Farmhill Ln is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2006
Sold by
Faber Gerald R and Faber Joanne R
Bought by
Debow James and Debow Kathleen M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
6.75%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 3, 1987
Sold by
Palos Bank & Trust Company
Bought by
Faber Gerald R and Faber Joanne R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.04%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Debow James | $405,000 | Multiple | |
Faber Gerald R | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Debow James | $384,750 | |
Previous Owner | Faber Gerald R | $120,015 | |
Previous Owner | Faber Gerald R | $28,000 | |
Previous Owner | Faber Gerald R | $165,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,485 | $36,000 | $7,681 | $28,319 |
2023 | $7,254 | $36,000 | $7,681 | $28,319 |
2022 | $7,254 | $28,799 | $6,657 | $22,142 |
2021 | $6,750 | $28,798 | $6,656 | $22,142 |
2020 | $6,566 | $28,798 | $6,656 | $22,142 |
2019 | $4,173 | $20,247 | $6,144 | $14,103 |
2018 | $4,051 | $20,247 | $6,144 | $14,103 |
2017 | $6,554 | $31,411 | $6,144 | $25,267 |
2016 | $6,120 | $26,588 | $5,120 | $21,468 |
2015 | $6,022 | $26,588 | $5,120 | $21,468 |
2014 | $5,971 | $26,588 | $5,120 | $21,468 |
2013 | $5,652 | $26,862 | $5,120 | $21,742 |
Source: Public Records
Map
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