NOT LISTED FOR SALE

Estimated Value: $391,000 - $404,446

3 Beds
2 Baths
1,275 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 501 Cedar Ln, Frankfort, IL 60423 and is currently estimated at $397,862, approximately $312 per square foot. 501 Cedar Ln 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 29, 2007
Sold by
Blameuser Mark L and Sieling Blameuser Krista E
Bought by
Grady Jaems M and Grady Caroline J
Current Estimated Value
$394,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,125
Outstanding Balance
$165,833
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,045

Purchase Details

Closed on
Oct 20, 2000
Sold by
Newsom Curtis D and Newsom Jennifer A
Bought by
Ilic Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.96%
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

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.

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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
Grady Jaems M $267,500 Ticor Title Insurance Co
Ilic Catherine A $188,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady Jaems M $254,125
Previous Owner Blameuser Mark L $70,000
Previous Owner Blameuser Mark L $193,000
Previous Owner Blameuser Mark L $20,700
Previous Owner Ilic Catherine A $15,000
Previous Owner Ilic Catherine A $125,600
Previous Owner Ilic Catherine A $120,000
Previous Owner Newsom Curtis D $586,000
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 $8,990 $108,482 $19,368 $89,114
2022 $7,876 $98,809 $17,641 $81,168
2021 $7,876 $92,440 $16,504 $75,936
2020 $7,230 $89,835 $16,039 $73,796
2019 $6,994 $87,431 $15,610 $71,821
2018 $6,866 $84,917 $15,161 $69,756
2017 $6,858 $82,935 $14,807 $68,128
2016 $6,692 $80,091 $14,299 $65,792
2015 $6,431 $77,270 $13,795 $63,475
2014 $6,431 $76,733 $13,699 $63,034
2013 $6,431 $77,728 $13,877 $63,851
Source: Public Records

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