Since than, the property was refinanced several times.
On August 4, 2010 there is a recorded mortgage from a Private Individual for the amount of $613,000.
In 2010 there is no way that the property would appraise for the above amount.
If you have any more questions, please do not hesitate to contact me: 847-204-8370
It is a regular sale and the real estate taxes reflect "no exemptions" as the seller has not lived in this home in the past 5 years according to the cook county treasurer's office. If you are looking at this home as an investment, your real estate taxes will reflect "no exemptions", however if you plan on occupying the home, you will qualify for a homested exemption and will get a reduction in your taxes.
They took out a $213,750 mortgage in 2003 and according to the cook county recorder of deeds records, there are no other mortgages recorded against this property. If you'd like more information on what I found out from the recorders office or from the treasurer's office, please reach out to me.