NOT LISTED FOR SALE

3240 Millrace Ln Montgomery, IL 60538

South Montgomery Neighborhood

Estimated Value: $390,000 - $406,000

3 Beds
2 Baths
1,954 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 3240 Millrace Ln, Montgomery, IL 60538 and is currently estimated at $398,872, approximately $204 per square foot. 3240 Millrace Ln is a home located in Kendall County with nearby schools including Bristol Bay Elementary School, Yorkville Middle School, and Yorkville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Lee Penelope
Bought by
Penelope Lee Trust and Abbinanti
Current Estimated Value
$398,872

Purchase Details

Closed on
Sep 22, 2017
Sold by
Ingold Ryan J
Bought by
Lee Richard H and Lee Penelope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 26, 2012
Sold by
The Ryland Group Inc
Bought by
Ingold Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,214
Interest Rate
3.75%
Mortgage Type
FHA
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

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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
Penelope Lee Trust -- None Listed On Document
Lee Richard H $249,000 Old Republic Title
Ingold Ryan J $229,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Richard H $145,000
Previous Owner Ingold Ryan J $223,214
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 $7,042 $115,558 $13,174 $102,384
2023 $8,085 $103,389 $11,787 $91,602
2022 $8,085 $93,039 $10,701 $82,338
2021 $8,453 $89,872 $10,701 $79,171
2020 $8,239 $86,504 $10,701 $75,803
2019 $8,148 $83,984 $10,389 $73,595
2018 $7,941 $79,157 $10,389 $68,768
2017 $7,628 $74,063 $10,389 $63,674
2016 $7,768 $72,712 $10,389 $62,323
2015 $7,588 $67,828 $9,354 $58,474
2014 -- $69,061 $9,354 $59,707
2013 -- $69,061 $9,354 $59,707
Source: Public Records

Map

Illinois Kendall County Montgomery 60512 South Montgomery

3240 Millrace Ln, Montgomery, IL

This home is located at 3240 Millrace Ln, Montgomery, IL 60538 and is currently estimated at $398,872, approximately $204 per square foot. 3240 Millrace Ln is a home located in Kendall County with nearby schools including Bristol Bay Elementary School, Yorkville Middle School, and Yorkville High School.

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