NOT LISTED FOR SALE

407 Elmwood Ave Joliet, IL 60433

Southeast Joliet Neighborhood

Estimated Value: $155,102 - $241,000

-- Bed
-- Bath
1,392 Sq Ft
$146/Sq Ft Est. Value

About This Home

This home is located at 407 Elmwood Ave, Joliet, IL 60433 and is currently estimated at $202,776, approximately $145 per square foot. 407 Elmwood Ave is a home located in Will County with nearby schools including Edna Keith Elementary School, Washington Jr. High School and Academy, and Joliet Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2013
Sold by
Midwest Capital Investments Llc
Bought by
Midwest Capital Investments Ii Llc
Current Estimated Value
$202,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
0.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2010
Sold by
Galvan Myriam and Galvan Fernando
Bought by
Midwest Capital Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,809
Interest Rate
0.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2005
Sold by
City Of Joliet
Bought by
Galvan Fernando and Galvan Myriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 10, 2004
Sold by
First National Bank Of Illinois
Bought by
City Of Joliet

Purchase Details

Closed on
Oct 7, 2004
Sold by
Williams George E and Williams Sandra Jean
Bought by
First National Bank Of Illinois

Purchase Details

Closed on
Aug 27, 2004
Sold by
Williams George E and Williams Sandra Jean
Bought by
First National Bank Of Illinois

Purchase Details

Closed on
Aug 28, 2002
Sold by
City Of Joliet
Bought by
Williams George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 14, 1996
Sold by
Sorenson Virginia
Bought by
First Midwest Trust Company Trust #6040
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Midwest Capital Investments Ii Llc -- Fidelity National Title Ins
Midwest Capital Investments Llc -- None Available
Galvan Fernando -- --
City Of Joliet $77,090 Chicago Title Insurance Co
First National Bank Of Illinois -- --
First National Bank Of Illinois $71,468 --
Williams George E -- Chicago Title Insurance Co
First Midwest Trust Company Trust #6040 $25,000 --
First Midwest Trust Company $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Capital Investments Ii $7,637,000
Previous Owner Midwest Capital Investments Ii Llc $6,500,000
Previous Owner Midwest Capital Investments Llc $1,137,809
Previous Owner Galvan Fernando $85,500
Previous Owner Williams George E $1,201
Previous Owner Williams George E $63,000
Closed Williams George E $20,000
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 $3,466 $36,764 $7,176 $29,588
2022 $3,071 $33,255 $6,491 $26,764
2021 $2,919 $31,059 $6,062 $24,997
2020 $2,769 $29,496 $5,757 $23,739
2019 $2,634 $27,412 $5,350 $22,062
2018 $2,524 $25,330 $4,944 $20,386
2017 $2,379 $23,029 $4,495 $18,534
2016 $2,304 $21,437 $4,106 $17,331
2015 $2,221 $20,100 $3,850 $16,250
2014 $2,221 $20,000 $3,850 $16,150
2013 $2,221 $21,615 $4,274 $17,341
Source: Public Records

Map

Illinois Will County Joliet 60433 Southeast Joliet

407 Elmwood Ave, Joliet, IL

This home is located at 407 Elmwood Ave, Joliet, IL 60433 and is currently estimated at $202,776, approximately $145 per square foot. 407 Elmwood Ave is a home located in Will County with nearby schools including Edna Keith Elementary School, Washington Jr. High School and Academy, and Joliet Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes