NOT LISTED FOR SALE

8980 Archer Ave Willow Springs, IL 60480

Estimated Value: $352,350

4 Beds
2 Baths
1,794 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 8980 Archer Ave, Willow Springs, IL 60480 and is currently priced at $352,350, approximately $196 per square foot. 8980 Archer Ave is a home located in Cook County with nearby schools including Willow Springs Elementary School, Amos Alonzo Stagg High School, and Trinity Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2019
Sold by
8960 Archer Llc
Bought by
Archer Avenue Development Llc
Current Estimated Value
$352,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,990,000
Outstanding Balance
$2,649,861
Interest Rate
4.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 30, 2018
Sold by
Bbg Willow Springs Llc
Bought by
8960 Archer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2009
Sold by
Cardor Properties Llc
Bought by
Bbg Willow Springs Llc

Purchase Details

Closed on
May 14, 2007
Sold by
Barofsky Frederick
Bought by
Cardor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1999
Sold by
Williams Patricia A
Bought by
Barofsky Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,050
Interest Rate
7.05%
Mortgage Type
Purchase Money 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
Archer Avenue Development Llc $2,750,000 First American Title
8960 Archer Llc $550,000 Stewart Title
Bbg Willow Springs Llc -- None Available
Cardor Properties Llc $475,000 Ticor Title Insurance Co
Barofsky Frederick $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Avenue Development Llc $2,990,000
Previous Owner 8960 Archer Llc $385,000
Previous Owner Cardor Properties Llc $1,220,000
Previous Owner Barofsky Frederick J $230,750
Previous Owner Barofsky Frederick $223,050
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
2021 $5,866 $16,087 $16,087 $0
2020 $10,435 $29,250 $16,087 $13,163
2019 $12,278 $34,506 $14,625 $19,881
2018 $12,122 $34,506 $14,625 $19,881
2017 $11,866 $34,506 $14,625 $19,881
2016 $11,111 $28,866 $11,700 $17,166
2015 $10,405 $28,866 $11,700 $17,166
2014 $4,750 $13,416 $11,700 $1,716
2013 $10,335 $32,331 $11,700 $20,631
Source: Public Records

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