NOT LISTED FOR SALE

2601 Oak Rail Dr New Lenox, IL 60451

Estimated Value: $381,336 - $426,000

3 Beds
-- Bath
-- Sq Ft
1.15 Acres

About This Home

This home is located at 2601 Oak Rail Dr, New Lenox, IL 60451 and is currently estimated at $410,834. 2601 Oak Rail Dr is a home located in Will County with nearby schools including Spencer Trail, Spencer Pointe, and Spencer Crossing Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Knight John R and Knight Pamela J
Current Estimated Value
$410,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Outstanding Balance
$122,034
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$292,786
Source: Public Records

Range of Values:

Collateral Analytics

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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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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
Knight John R $280,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Knight Pamela J $28,000
Open Knight John R $223,920
Previous Owner Mayo Gerald T $74,300
Closed Knight John R $41,985
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 $9,568 $118,764 $36,925 $81,839
2022 $8,626 $109,410 $34,017 $75,393
2021 $8,189 $102,897 $31,992 $70,905
2020 $7,953 $99,226 $30,851 $68,375
2019 $7,606 $96,149 $29,894 $66,255
2018 $7,427 $92,835 $28,864 $63,971
2017 $7,049 $90,166 $28,034 $62,132
2016 $6,841 $87,753 $27,284 $60,469
2015 $6,576 $84,991 $26,425 $58,566
2014 $6,576 $83,942 $26,099 $57,843
2013 $6,576 $85,074 $26,451 $58,623
Source: Public Records

Map

Illinois Will County New Lenox 60451

2601 Oak Rail Dr, New Lenox, IL

This home is located at 2601 Oak Rail Dr, New Lenox, IL 60451 and is currently estimated at $410,834. 2601 Oak Rail Dr is a home located in Will County with nearby schools including Spencer Trail, Spencer Pointe, and Spencer Crossing Intermediate School.

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