NOT LISTED FOR SALE

500 Illinois Rd Frankfort, IL 60423

North Frankfort Neighborhood

Estimated Value: $392,000 - $436,000

3 Beds
2 Baths
1,900 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 500 Illinois Rd, Frankfort, IL 60423 and is currently estimated at $411,753, approximately $216 per square foot. 500 Illinois 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
Nov 2, 2020
Sold by
Maglione Dominic D and Maglione Lisa Marie
Bought by
Maglione Dominic D and Maglione Lisa Marie
Current Estimated Value
$411,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$144,462
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$267,291

Purchase Details

Closed on
Nov 18, 2008
Sold by
Scott Patricia J
Bought by
Maglione Dominic D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
First National Bank Of Manhattan
Bought by
Peotone Bank & Trust Co

Purchase Details

Closed on
Feb 16, 2000
Sold by
Kincaid Kevin M and Kincaid Laurie L
Bought by
Scott Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.16%

Purchase Details

Closed on
Sep 11, 1995
Sold by
Bailey Robert and Bailey Julie
Bought by
Kincaid Kevin M and Potpora Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,726
Interest Rate
7.78%
Mortgage Type
FHA
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.

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
Maglione Dominic D -- Attorney
Maglione Dominic D $220,500 Atg
Peotone Bank & Trust Co -- --
Scott Patricia J $173,500 Ticor Title
Kincaid Kevin M $163,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maglione Dominic D $200,000
Closed Maglione Dominic D $176,400
Previous Owner Scott Patricia J $50,000
Previous Owner Kincaid Kevin M $155,726
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 $8,343 $113,295 $22,245 $91,050
2023 $8,343 $101,183 $19,867 $81,316
2022 $7,312 $92,160 $18,095 $74,065
2021 $6,885 $86,220 $16,929 $69,291
2020 $6,709 $83,790 $16,452 $67,338
2019 $6,489 $81,548 $16,012 $65,536
2018 $6,369 $79,204 $15,552 $63,652
2017 $6,361 $77,355 $15,189 $62,166
2016 $6,206 $74,703 $14,668 $60,035
2015 $6,044 $72,072 $14,151 $57,921
2014 $6,044 $71,571 $14,053 $57,518
2013 $6,044 $72,499 $14,235 $58,264
Source: Public Records

Map

Illinois Will County Frankfort 60423 North Frankfort

500 Illinois Rd, Frankfort, IL

Not Listed for Sale

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