NOT LISTED FOR SALE

18388 E Frontage Rd Litchfield, IL 62056

Estimated Value: $324,000

Studio
-- Bath
1,344 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 18388 E Frontage Rd, Litchfield, IL 62056 and is currently estimated at $324,000, approximately $241 per square foot. 18388 E Frontage Rd is a home located in Montgomery County with nearby schools including Litchfield Elementary School, Madison Park Elementary School, and J.D. Colt Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Meadowbrook Rv Park Inc
Bought by
Palmer Recreational Properties Llc
Current Estimated Value
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$505,849
Interest Rate
5.3%
Mortgage Type
Commercial
Estimated Equity
-$181,849

Purchase Details

Closed on
Oct 25, 2018
Sold by
King Bernice L and King Chad A
Bought by
Meadowbrook Rv Park Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2011
Sold by
Wallin Anthony P and Wallin Trisha
Bought by
King Bernice L and King Chad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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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Purchase History

Date Buyer Sale Price Title Company
Palmer Recreational Properties Llc $598,000 Community Title
Meadowbrook Rv Park Inc $416,500 None Available
King Bernice L $225,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Recreational Properties Llc $530,000
Previous Owner Meadowbrook Rv Park Inc $250,000
Previous Owner King Bernice L $180,000
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 $5,098 $71,650 $12,480 $59,170
2023 $4,791 $66,530 $11,590 $54,940
2022 $4,681 $64,010 $11,150 $52,860
2021 $4,548 $60,350 $10,510 $49,840
2020 $4,412 $56,720 $9,880 $46,840
2019 $4,378 $54,460 $9,490 $44,970
2018 $4,350 $52,150 $9,090 $43,060
2017 $4,304 $50,560 $8,810 $41,750
2016 $4,242 $49,550 $8,630 $40,920
2015 $4,051 $49,330 $8,590 $40,740
2013 $4,037 $48,860 $8,510 $40,350
Source: Public Records

Map

Illinois Montgomery County Litchfield 62056

18388 E Frontage Rd, Litchfield, IL

Not Listed for Sale

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