NOT LISTED FOR SALE

Estimated Value: $364,728 - $412,000

3 Beds
3 Baths
1,608 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 8708 N Shermer Rd, Niles, IL 60714 and is currently estimated at $386,682, approximately $240 per square foot. 8708 N Shermer Rd is a home located in Cook County with nearby schools including Hynes Elementary School, Golf Middle School, and Niles North High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2017
Sold by
Patel Rakesh
Bought by
Patel Pallaviben
Current Estimated Value
$386,682

Purchase Details

Closed on
Sep 12, 2016
Sold by
Patel Pallaviben and Patel Sanjay
Bought by
Patel Rakesh and Patel Pallaviben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Outstanding Balance
$96,073
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$290,609

Purchase Details

Closed on
Jan 26, 2012
Sold by
Oks Leon
Bought by
Patel Pallaviben and Patel Sanjay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,725
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1997
Sold by
Oks Lucy
Bought by
Oks Leon
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

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
Patel Pallaviben -- Attorney
Patel Rakesh -- Attorney
Patel Pallaviben $197,500 None Available
Oks Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rakesh $118,000
Closed Patel Pallaviben $123,725
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 $6,912 $30,000 $4,000 $26,000
2023 $6,480 $30,000 $4,000 $26,000
2022 $6,480 $30,000 $4,000 $26,000
2021 $5,552 $23,314 $5,307 $18,007
2020 $5,366 $23,314 $5,307 $18,007
2019 $5,383 $25,905 $5,307 $20,598
2018 $5,467 $24,054 $4,609 $19,445
2017 $5,557 $24,054 $4,609 $19,445
2016 $5,481 $24,054 $4,609 $19,445
2015 $4,765 $19,755 $3,910 $15,845
2014 $4,634 $19,755 $3,910 $15,845
2013 $4,573 $19,755 $3,910 $15,845
Source: Public Records

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