NOT LISTED FOR SALE

24150 S Scheer Rd Frankfort, IL 60423

Estimated Value: $615,201 - $790,000

4 Beds
2 Baths
4,761 Sq Ft
$148/Sq Ft Est. Value

About This Home

This home is located at 24150 S Scheer Rd, Frankfort, IL 60423 and is currently estimated at $703,550, approximately $147 per square foot. 24150 S Scheer Rd is a home located in Will County with nearby schools including Wilson Creek Elementary School, Anna McDonald Elementary School, and Manhattan Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 1998
Sold by
Loftis Carl E and Loftis Christine L
Bought by
Ingram George M and Hurt Lorraine M
Current Estimated Value
$703,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$52,391
Interest Rate
7.07%
Estimated Equity
$675,444

Purchase Details

Closed on
Aug 15, 1996
Sold by
Sparks William L and Sparks Marcella J
Bought by
Loftis Carl E and Loftis Chrsitine L

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
8.18%
Mortgage Type
Balloon
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
Ingram George M $231,000 --
Loftis Carl E $300,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurt Lorraine M $100,000
Closed Hurt Lorraine M $100,000
Open Ingram George M $225,000
Previous Owner Loftis Carl E $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
2023 $14,999 $165,650 $43,700 $121,950
2022 $13,346 $154,700 $35,150 $119,550
2021 $13,371 $154,700 $35,150 $119,550
2020 $12,946 $149,800 $35,150 $114,650
2019 $12,514 $145,650 $31,000 $114,650
2018 $12,037 $139,700 $31,000 $108,700
2017 $11,712 $135,500 $31,000 $104,500
2016 $11,199 $129,400 $31,000 $98,400
2015 $10,618 $123,950 $29,800 $94,150
2014 $10,618 $121,800 $29,800 $92,000
2013 $10,618 $121,800 $29,800 $92,000
Source: Public Records

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