NOT LISTED FOR SALE

8049 W Memory Ln Chicago, IL 60656

O'Hare Neighborhood

Estimated Value: $491,000 - $582,000

3 Beds
1 Bath
1,718 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 8049 W Memory Ln, Chicago, IL 60656 and is currently estimated at $542,961, approximately $316 per square foot. 8049 W Memory Ln is a home located in Cook County with nearby schools including Oriole Park Elementary School, William Howard Taft High School, and St Eugene School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Krofel Kenneth J and Krofel Mary A
Bought by
Krofel Kaitlyn M
Current Estimated Value
$542,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$346,687
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$196,274
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Krofel Kaitlyn M $475,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krofel Kaitlyn M $380,000
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
2025 $10,302 $45,000 $22,400 $22,600
2024 $10,302 $45,000 $22,400 $22,600
2023 $10,043 $48,827 $17,920 $30,907
2022 $10,043 $48,827 $17,920 $30,907
2021 $9,149 $48,827 $17,920 $30,907
2020 $6,749 $33,396 $11,200 $22,196
2019 $6,766 $37,107 $11,200 $25,907
2018 $7,075 $39,253 $11,200 $28,053
2017 $6,367 $32,951 $9,856 $23,095
2016 $6,100 $32,951 $9,856 $23,095
2015 $5,875 $34,686 $9,856 $24,830
2014 $5,546 $32,462 $8,960 $23,502
2013 $5,426 $32,462 $8,960 $23,502
Source: Public Records

Map

Illinois Cook County Chicago 60656 O'Hare

8049 W Memory Ln, Chicago, IL

Not Listed for Sale

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