123 Somerset Ln Bolingbrook, IL 60440
East Bolingbrook NeighborhoodEstimated Value: $217,000 - $234,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,736
                Sq Ft
            
            
                
                    $129/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 123 Somerset Ln, Bolingbrook, IL 60440 and is currently estimated at $224,387, approximately $129 per square foot. 123 Somerset Ln is a home located in Will County with nearby schools including Bernard J Ward Elementary School, Hubert H Humphrey Middle School, and Bolingbrook High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 21, 2020
            
        
                Sold by
            
            
                Georgetown Partners
            
        
                Bought by
            
            
                Guilford Patricia I
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $128,627
            
        
                Outstanding Balance
            
            
                $114,406
            
        
                Interest Rate
            
            
                3.5%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $109,981
            
        Purchase Details
                Closed on
            
            
                Aug 1, 2003
            
        
                Sold by
            
            
                Boris Arnold
            
        
                Bought by
            
            
                Georgetown Partners Inc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $274,400
            
        
                Interest Rate
            
            
                6.5%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jun 30, 2003
            
        
                Sold by
            
            
                Waimberk Saul
            
        
                Bought by
            
            
                Boris Arnold
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $274,400
            
        
                Interest Rate
            
            
                6.5%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jan 6, 2003
            
        
                Sold by
            
            
                Downers Grove National Bank
            
        
                Bought by
            
            
                Harris Bank Joliet Na and Trust #Htj 8073
            
        Purchase Details
                Closed on
            
            
                Apr 22, 1998
            
        
                Sold by
            
            
                Boris Arnold
            
        
                Bought by
            
            
                Boris Arnold and Waimberk Saul
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,575,000
            
        
                Interest Rate
            
            
                7.18%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jun 19, 1989
            
        
                Bought by
            
            
                Georgetown Partn
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Guilford Patricia I | $131,000 | None Available | |
| Georgetown Partners Inc | -- | Greater Illinois Title Compa | |
| Boris Arnold | -- | First American Title | |
| Harris Bank Joliet Na | -- | -- | |
| Boris Arnold | -- | 1St American Title | |
| Georgetown Partn | $37,800 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Guilford Patricia I | $128,627 | |
| Previous Owner | Boris Arnold | $274,400 | |
| Previous Owner | Boris Arnold | $1,575,000 | |
| Closed | Boris Arnold | $200,000 | 
                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 | $4,977 | $53,885 | $9,058 | $44,827 | 
| 2023 | $4,977 | $48,484 | $8,150 | $40,334 | 
| 2022 | $4,095 | $41,432 | $6,965 | $34,467 | 
| 2021 | $3,786 | $37,610 | $6,322 | $31,288 | 
| 2020 | $3,572 | $35,314 | $5,936 | $29,378 | 
| 2019 | $3,337 | $32,339 | $5,436 | $26,903 | 
| 2018 | $2,916 | $28,078 | $4,720 | $23,358 | 
| 2017 | $2,657 | $25,347 | $4,261 | $21,086 | 
| 2016 | $2,491 | $23,200 | $3,900 | $19,300 | 
| 2015 | -- | $20,800 | $3,500 | $17,300 | 
| 2014 | -- | $20,800 | $3,500 | $17,300 | 
| 2013 | -- | $23,700 | $4,000 | $19,700 | 
                Source: Public Records
                    
            
        Map
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