NOT LISTED FOR SALE

16720 W Cottonwood Rd Elmwood, IL 61529

Estimated Value: $413,581 - $588,000

4 Beds
3 Baths
5,280 Sq Ft
$92/Sq Ft Est. Value

About This Home

This home is located at 16720 W Cottonwood Rd, Elmwood, IL 61529 and is currently estimated at $484,895, approximately $91 per square foot. 16720 W Cottonwood Rd is a home located in Peoria County with nearby schools including Elmwood Elementary School and Elmwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Gifford Robert E and Gifford Lynn A
Bought by
Phillips Justin E and Phillips Taylor J
Current Estimated Value
$484,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$411,498
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$73,397

Purchase Details

Closed on
May 28, 2024
Sold by
Gifford Robert E and Gifford Lynn A
Bought by
Phillips Justin E and Phillips Taylor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$411,498
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$73,397
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Phillips Justin E $520,000 None Listed On Document
Phillips Justin E $520,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Justin E $416,000
Closed Phillips Justin E $416,000
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
2024 $9,242 $130,720 $15,270 $115,450
2023 $7,741 $119,930 $14,010 $105,920
2022 $7,784 $112,730 $13,330 $99,400
2021 $7,527 $108,400 $12,820 $95,580
2020 $7,543 $106,280 $12,570 $93,710
2019 $7,954 $106,280 $12,570 $93,710
2018 $7,953 $106,280 $12,560 $93,720
2017 $7,980 $106,280 $12,560 $93,720
2016 $7,393 $105,230 $12,440 $92,790
2015 $6,169 $104,190 $12,320 $91,870
2014 -- $92,250 $12,380 $79,870
2013 -- $102,190 $11,950 $90,240
Source: Public Records

Map

Illinois Peoria County Elmwood 61529

16720 W Cottonwood Rd, Elmwood, IL

This home is located at 16720 W Cottonwood Rd, Elmwood, IL 61529 and is currently estimated at $484,895, approximately $91 per square foot. 16720 W Cottonwood Rd is a home located in Peoria County with nearby schools including Elmwood Elementary School and Elmwood High School.

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