502 N Locust St Forreston, IL 61030
Estimated Value: $109,137 - $151,000
--
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 $134,034. 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
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
$42,347
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$98,310
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
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
Average Home Value in this Area
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
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
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