NOT LISTED FOR SALE

116 E Michigan Rd New Lenox, IL 60451

Estimated Value: $319,000 - $365,000

-- Bed
-- Bath
-- Sq Ft
0.47 Acres

About This Home

This home is located at 116 E Michigan Rd, New Lenox, IL 60451 and is currently estimated at $333,340. 116 E Michigan Rd is a home located in Will County with nearby schools including Bentley Elementary School, Arnold J Tyler School, and Alex M Martino Jr High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2014
Sold by
Lucik R Eric and Lucik Erica L
Bought by
Lucik Richard
Current Estimated Value
$333,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Lucik R Eric
Bought by
Lucik R Eric and Lucik Erica L

Purchase Details

Closed on
Aug 5, 1999
Sold by
Lochow Marc A and Lochow Lynn M
Bought by
Lucik R Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.59%

Purchase Details

Closed on
May 31, 1996
Sold by
Spring Ricky L
Bought by
Lochow Mark A and Lochow Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
8.12%
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
Lucik Richard -- Plymouth Title Guaranty Corp
Lucik R Eric -- North American Title Co
Lucik R Eric $154,500 --
Lochow Mark A $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucik Richard $150,000
Closed Lucik Richard $132,400
Closed Lucik R Eric $160,318
Closed Lucik R Eric $179,738
Closed Lucik R Eric $25,700
Closed Lucik R Eric $150,300
Closed Lucik R Eric $144,500
Previous Owner Lochow Mark A $116,850
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
2023 $7,362 $85,771 $26,780 $58,991
2022 $7,224 $79,016 $24,671 $54,345
2021 $6,280 $74,312 $23,202 $51,110
2020 $6,159 $71,660 $22,374 $49,286
2019 $5,858 $69,438 $21,680 $47,758
2018 $5,735 $67,044 $20,933 $46,111
2017 $5,453 $65,116 $20,331 $44,785
2016 $5,303 $63,373 $19,787 $43,586
2015 $4,610 $61,378 $19,164 $42,214
2014 $4,610 $60,620 $18,927 $41,693
2013 $4,610 $61,437 $19,182 $42,255
Source: Public Records

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