NOT LISTED FOR SALE

8705 W Ballard Rd Des Plaines, IL 60016

Estimated Value: $198,000 - $1,018,000

11 Beds
6 Baths
-- Sq Ft
1.41 Acres

About This Home

This home is located at 8705 W Ballard Rd, Des Plaines, IL 60016 and is currently estimated at $742,803. 8705 W Ballard Rd is a home located in Cook County with nearby schools including Mark Twain Elementary School, Gemini Middle School, and Maine East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Hosu Tiberiu and Hosu Convalaria
Bought by
Majalis Llc
Current Estimated Value
$742,803

Purchase Details

Closed on
Jun 16, 2020
Sold by
Shultz Peter and Stico Anna
Bought by
Hosu Tiberiu and Hosu Convalaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2017
Sold by
Chicago Title Land Trust Co
Bought by
Shultz Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2001
Sold by
The Northern Trust Company
Bought by
Continental Community Bank & Trust Co and Trust #10668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.25%
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

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Quantarium

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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
Majalis Llc -- None Listed On Document
Hosu Tiberiu $1,700,000 Chicago Title
Shultz Peter $668,000 Attorneys Title Guaranty Fun
Continental Community Bank & Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hosu Tiberiu $725,000
Previous Owner Shultz Peter $1,000,000
Previous Owner Continental Community Bank & Trust Co $1,200,000
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 $23,036 $85,000 $4,983 $80,017
2023 $21,909 $85,000 $4,983 $80,017
2022 $21,909 $85,000 $4,983 $80,017
2021 $6,350 $20,220 $7,666 $12,554
2020 $6,202 $20,220 $7,666 $12,554
2019 $6,104 $22,624 $7,666 $14,958
2018 $7,004 $22,776 $6,708 $16,068
2017 $6,907 $22,776 $6,708 $16,068
2016 $6,446 $22,776 $6,708 $16,068
2015 $8,756 $28,325 $6,708 $21,617
2014 $8,450 $28,325 $6,708 $21,617
2013 $8,312 $28,325 $6,708 $21,617
Source: Public Records

Map

Illinois Cook County Des Plaines 60016

8705 W Ballard Rd, Des Plaines, IL

This home is located at 8705 W Ballard Rd, Des Plaines, IL 60016 and is currently estimated at $742,803. 8705 W Ballard Rd is a home located in Cook County with nearby schools including Mark Twain Elementary School, Gemini Middle School, and Maine East High School.

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