8708 N Shermer Rd Niles, IL 60714
Chesterfield Gardens NeighborhoodEstimated Value: $384,335 - $395,000
3
Beds
3
Baths
1,608
Sq Ft
$242/Sq Ft
Est. Value
About This Home
This home is located at 8708 N Shermer Rd, Niles, IL 60714 and is currently estimated at $389,834, approximately $242 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
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
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 |
---|---|---|---|
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
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
Map
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