NOT LISTED FOR SALE

8440 Major Ave Morton Grove, IL 60053

Estimated Value: $513,294 - $608,000

4 Beds
3 Baths
2,000 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 8440 Major Ave, Morton Grove, IL 60053 and is currently estimated at $544,324, approximately $272 per square foot. 8440 Major Ave is a home located in Cook County with nearby schools including Park View Elementary School, Niles West High School, and Arie Crown Hebrew Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2007
Sold by
Weinberg Rebecca L and Smaller Mitchell
Bought by
Arena Mariano A and Koser Jamie
Current Estimated Value
$544,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$236,698
Interest Rate
5.87%
Mortgage Type
Unknown
Estimated Equity
$302,486

Purchase Details

Closed on
Jul 27, 2006
Sold by
Alonso Javier
Bought by
Smaller Mitchell and Weinberg Rebecca L

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
Interest Rate
6.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 1996
Sold by
Tote Joseph and Ritzmann Mae V
Bought by
Alonso Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
8%

Purchase Details

Closed on
Nov 14, 1995
Sold by
First National Bank Of Morton Grove
Bought by
Ritzmann Mae V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Arena Mariano A $485,500 Nat
Smaller Mitchell $502,000 Republic Title Company
Alonso Javier $146,000 Attorneys Natl Title Network
Ritzmann Mae V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arena Mariano A $388,000
Previous Owner Smaller Mitchell $400,000
Previous Owner Alonso Javier $320,000
Previous Owner Alonso Javier $20,000
Previous Owner Alonso Javier $180,000
Previous Owner Alonso Javier $152,000
Previous Owner Alonso Javier $138,700
Previous Owner Ritzmann Mae V $225,000
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 $10,885 $41,000 $7,899 $33,101
2023 $10,342 $41,000 $7,899 $33,101
2022 $10,342 $41,000 $7,899 $33,101
2021 $8,744 $30,591 $4,860 $25,731
2020 $8,582 $30,591 $4,860 $25,731
2019 $8,664 $34,372 $4,860 $29,512
2018 $9,793 $34,472 $4,405 $30,067
2017 $9,886 $34,472 $4,405 $30,067
2016 $9,582 $34,472 $4,405 $30,067
2015 $8,816 $29,982 $3,797 $26,185
2014 $8,825 $29,982 $3,797 $26,185
2013 $8,604 $29,982 $3,797 $26,185
Source: Public Records

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