NOT LISTED FOR SALE

505 Fairbanks Ave Joliet, IL 60432

Belmont Neighborhood

Estimated Value: $186,000 - $249,000

4 Beds
1 Bath
1,650 Sq Ft
$129/Sq Ft Est. Value

About This Home

This home is located at 505 Fairbanks Ave, Joliet, IL 60432 and is currently estimated at $213,597, approximately $129 per square foot. 505 Fairbanks Ave is a home located in Will County with nearby schools including Isaac Singleton Elementary School, Gompers Junior High School, and Joliet Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2014
Sold by
Miller Vernel and Miller Jacqueline Lynn
Bought by
Miller Vernel
Current Estimated Value
$213,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Outstanding Balance
$28,361
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$169,292

Purchase Details

Closed on
Jul 25, 2003
Sold by
Blair David M and Blair Gregory S
Bought by
Miller Vernel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Miller Vernel -- Servicelink
Miller Vernel $102,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Vernel $78,500
Closed Miller Vernel $8,327
Closed Miller Vernel $7,500
Closed Miller Vernel $93,000
Closed Miller Vernel $91,800
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 $3,187 $52,247 $8,054 $44,193
2022 $3,801 $47,261 $7,285 $39,976
2021 $3,579 $44,140 $6,804 $37,336
2020 $3,390 $41,919 $6,462 $35,457
2019 $3,145 $38,959 $6,006 $32,953
2018 $2,871 $34,938 $5,388 $29,550
2017 $2,695 $31,765 $4,899 $26,866
2016 $2,532 $29,222 $4,479 $24,743
2015 $2,368 $27,400 $4,200 $23,200
2014 $2,368 $27,300 $4,200 $23,100
2013 $2,368 $28,490 $4,669 $23,821
Source: Public Records

Map

Illinois Will County Joliet 60432 Belmont

505 Fairbanks Ave, Joliet, IL

This home is located at 505 Fairbanks Ave, Joliet, IL 60432 and is currently estimated at $213,597, approximately $129 per square foot. 505 Fairbanks Ave is a home located in Will County with nearby schools including Isaac Singleton Elementary School, Gompers Junior High School, and Joliet Central High School.

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