NOT LISTED FOR SALE

501 Kungs Way Joliet, IL 60435

7 Beds
4 Baths
1,792 Sq Ft
9,583 Sq Ft Lot

About This Home

This home is located at 501 Kungs Way, Joliet, IL 60435. 501 Kungs Way is a home located in Will County with nearby schools including Thomas Jefferson Elementary School, Hufford Junior High School, and Joliet West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Paramo Properties Llc-Apt Rental Series
Bought by
Ajd Roperties Llc Series C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Outstanding Balance
$425,995
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 2021
Sold by
Paap Properties Llc
Bought by
Paramo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,200
Interest Rate
2.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 2014
Sold by
Paap Remco
Bought by
Paap Properties Llc Kungs Way

Purchase Details

Closed on
Feb 13, 2007
Sold by
Harris Na
Bought by
Paap Remco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.27%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 9, 2000
Sold by
Wilhelmi Dennis V
Bought by
First National Bank Of Joliet and Trust #4376

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
Ajd Roperties Llc Series C $410,000 Fidelity National Title
Paramo Properties Llc $356,000 Precision Title
Paap Properties Llc Kungs Way -- None Available
Paap Remco $350,000 Ticor Title
First National Bank Of Joliet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajd Roperties Llc Series C $828,000
Previous Owner Paramo Properties Llc $230,030
Previous Owner Paramo Properties Llc $249,200
Previous Owner Paap Remco $280,000
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 $11,260 $122,400 $19,018 $103,382
2022 $8,494 $93,334 $18,645 $74,689
2021 $8,640 $93,334 $18,645 $74,689
2020 $8,698 $93,334 $18,645 $74,689
2019 $8,831 $93,334 $18,645 $74,689
2018 $7,879 $80,640 $18,645 $61,995
2017 $8,164 $80,640 $18,645 $61,995
2016 $8,487 $80,640 $18,645 $61,995
2015 -- $90,000 $18,645 $71,355
2014 -- $100,251 $18,645 $81,606
2013 -- $100,251 $18,645 $81,606
Source: Public Records

Map