NOT LISTED FOR SALE

307 7th Ave Colona, IL 61241

Estimated Value: $268,000 - $319,000

8 Beds
4 Baths
3,072 Sq Ft
$96/Sq Ft Est. Value

About This Home

This home is located at 307 7th Ave, Colona, IL 61241 and is currently estimated at $296,275, approximately $96 per square foot. 307 7th Ave is a home located in Henry County with nearby schools including Colona Grade School and United Township High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
Smith Michael R and Smith Rhonda
Bought by
Wilson Billy Lee
Current Estimated Value
$296,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Outstanding Balance
$200,694
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$95,581

Purchase Details

Closed on
Sep 17, 2019
Sold by
Whitlow Robert E and Whitlow Shirleyan
Bought by
Smith Michael R and Smith Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End 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

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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
Wilson Billy Lee $274,000 None Listed On Document
Smith Michael R $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Billy Lee $205,500
Previous Owner Smith Michael R $169,600
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 $7,178 $77,725 $6,871 $70,854
2023 $7,016 $72,034 $6,368 $65,666
2022 $6,507 $65,485 $5,789 $59,696
2021 $5,892 $58,503 $6,245 $52,258
2020 $5,657 $55,550 $5,930 $49,620
2019 $5,656 $55,959 $5,973 $49,986
2018 $5,566 $55,625 $5,937 $49,688
2017 $5,511 $56,187 $5,997 $50,190
2016 $5,422 $55,466 $5,920 $49,546
2015 $4,397 $54,272 $5,793 $48,479
2013 $4,397 $53,103 $5,668 $47,435
Source: Public Records

Map

Illinois Henry County Colona 61241

307 7th Ave, Colona, IL

Not Listed for Sale

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