NOT LISTED FOR SALE

502 N Locust St Forreston, IL 61030

Estimated Value: $102,089 - $140,000

-- Bed
-- Bath
-- Sq Ft
0.78 Acres

About This Home

This home is located at 502 N Locust St, Forreston, IL 61030 and is currently estimated at $123,772. 502 N Locust St is a home located in Ogle County with nearby schools including Forreston High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Palmer Jerry L and Elizabeth Palmer B
Bought by
Norris William H and Norris Vickye D
Current Estimated Value
$123,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Outstanding Balance
$41,748
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$82,024

Purchase Details

Closed on
Jun 13, 2005
Sold by
Folkerts Lloyd E and Ludwig Marilyn
Bought by
Palmer Jorry L and Elizabeth Palmer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.91%
Mortgage Type
Future Advance Clause Open End Mortgage
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

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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
Norris William H $37,000 --
Palmer Jorry L $99,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris William H $53,000
Previous Owner Palmer Jorry L $80,000
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
2024 $2,138 $30,119 $2,852 $27,267
2023 $1,949 $28,093 $2,660 $25,433
2022 $1,802 $25,705 $2,434 $23,271
2021 $1,752 $25,063 $2,373 $22,690
2020 $1,703 $24,620 $2,331 $22,289
2019 $1,646 $23,616 $2,236 $21,380
2018 $1,389 $20,667 $2,236 $18,431
2017 $970 $14,196 $2,236 $11,960
2016 $1,035 $12,174 $2,183 $9,991
2015 $973 $11,889 $2,132 $9,757
2014 -- $11,889 $2,132 $9,757
Source: Public Records

Map

Illinois Ogle County Forreston 61030

502 N Locust St, Forreston, IL

This home is located at 502 N Locust St, Forreston, IL 61030 and is currently estimated at $123,772. 502 N Locust St is a home located in Ogle County with nearby schools including Forreston High School.

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