331 Michigan Rd Frankfort, IL 60423
North Frankfort NeighborhoodEstimated Value: $406,000 - $476,000
4
Beds
3
Baths
2,273
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 331 Michigan Rd, Frankfort, IL 60423 and is currently estimated at $443,999, approximately $195 per square foot. 331 Michigan Rd is a home located in Will County with nearby schools including Grand Prairie Elementary School, Chelsea Intermediate School, and Hickory Creek Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2017
Sold by
Chicago Title Land Trust Company
Bought by
Miritello Phillip R and Miritello Michele T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,200
Outstanding Balance
$223,068
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$220,931
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Miritello Phillip R | $280,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Miritello Phillip R | $270,200 | |
Previous Owner | Heritage/Pullman Bank & Trust Company | $100,000 | |
Previous Owner | Park National Bank | $240,000 | |
Previous Owner | Cosmopolitan Bank & Trust | $210,500 |
Source: Public Records
Tax History Compared to Growth
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 | $9,008 | $121,699 | $22,245 | $99,454 |
2023 | $9,008 | $108,689 | $19,867 | $88,822 |
2022 | $7,892 | $98,997 | $18,095 | $80,902 |
2021 | $7,433 | $92,616 | $16,929 | $75,687 |
2020 | $7,245 | $90,006 | $16,452 | $73,554 |
2019 | $7,009 | $87,597 | $16,012 | $71,585 |
2018 | $6,880 | $85,079 | $15,552 | $69,527 |
2017 | $6,427 | $83,093 | $15,189 | $67,904 |
2016 | $6,254 | $80,244 | $14,668 | $65,576 |
2015 | $5,996 | $77,418 | $14,151 | $63,267 |
2014 | $5,996 | $76,880 | $14,053 | $62,827 |
2013 | $5,996 | $77,877 | $14,235 | $63,642 |
Source: Public Records
Map
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