503 Cambridge Ln Shorewood, IL 60404
Estimated Value: $478,387 - $548,000
--
Bed
--
Bath
2,566
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 503 Cambridge Ln, Shorewood, IL 60404 and is currently estimated at $501,097, approximately $195 per square foot. 503 Cambridge Ln is a home located in Will County with nearby schools including Walnut Trails Elementary School, Minooka Junior High School, and Minooka Intermediate School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2003
Sold by
Cross John R and Cross Jill A
Bought by
Phelan Jeffrey and Phelan Julie
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
$220,000
Outstanding Balance
$99,343
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$401,754
Purchase Details
Closed on
Jan 10, 2002
Sold by
Harris Bank Joliet Na
Bought by
Cross John R and Cross Jill A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 1997
Sold by
Oxford Bank & Trust
Bought by
First National Bank Of Joliet and Trust #4863
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,900
Interest Rate
8.27%
Purchase Details
Closed on
Feb 11, 1997
Sold by
First National Bank Of Joliet
Bought by
Oxford Bank & Trust and Trust #443
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 |
|---|---|---|---|
| Phelan Jeffrey | $336,000 | Multiple | |
| Cross John R | $320,000 | -- | |
| First National Bank Of Joliet | $260,000 | Lawyers Title | |
| Oxford Bank & Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phelan Jeffrey | $220,000 | |
| Previous Owner | Cross John R | $245,000 | |
| Previous Owner | First National Bank Of Joliet | $200,900 |
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 | $10,335 | $143,760 | $24,833 | $118,927 |
| 2023 | $10,335 | $129,165 | $22,312 | $106,853 |
| 2022 | $8,968 | $120,836 | $19,726 | $101,110 |
| 2021 | $8,443 | $113,675 | $18,557 | $95,118 |
| 2020 | $8,283 | $109,993 | $18,557 | $91,436 |
| 2019 | $8,120 | $105,508 | $17,800 | $87,708 |
| 2018 | $8,152 | $110,300 | $17,800 | $92,500 |
| 2017 | $8,331 | $105,400 | $17,800 | $87,600 |
| 2016 | $7,930 | $99,100 | $17,800 | $81,300 |
| 2015 | $6,967 | $94,295 | $16,245 | $78,050 |
| 2014 | $6,967 | $89,633 | $16,245 | $73,388 |
| 2013 | $6,967 | $89,633 | $16,245 | $73,388 |
Source: Public Records
Map
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