506 Illinois St Park Forest, IL 60466
Estimated Value: $229,000 - $282,000
3
Beds
4
Baths
1,442
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 506 Illinois St, Park Forest, IL 60466 and is currently estimated at $249,803, approximately $173 per square foot. 506 Illinois St is a home located in Cook County with nearby schools including Illinois School, Indiana Elementary School, and Arcadia Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2004
Sold by
Suburban Bank & Trust Co
Bought by
Reese Dale
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
$30,980
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 12, 1994
Sold by
Thayer Robert N and Thayer Inez A
Bought by
Beverly Trust Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11.85%
Purchase Details
Closed on
Jul 29, 1994
Sold by
Beverly Trust Company
Bought by
Thayer Robert N and Thayer Inez A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11.85%
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 |
---|---|---|---|
Reese Dale | $155,000 | Cti | |
Beverly Trust Company | -- | -- | |
Thayer Robert N | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Reese Dale | $123,920 | |
Previous Owner | Reese Dale | $30,980 | |
Previous Owner | Thayer Robert N | $75,000 |
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 | $7,819 | $16,599 | $3,520 | $13,079 |
2023 | $1,787 | $18,000 | $3,520 | $14,480 |
2022 | $1,787 | $11,784 | $3,080 | $8,704 |
2021 | $1,738 | $11,784 | $3,080 | $8,704 |
2020 | $1,472 | $11,784 | $3,080 | $8,704 |
2019 | $1,532 | $10,762 | $2,860 | $7,902 |
2018 | $1,496 | $12,462 | $2,860 | $9,602 |
2017 | $1,428 | $12,462 | $2,860 | $9,602 |
2016 | $3,236 | $8,610 | $2,640 | $5,970 |
2015 | $4,835 | $8,610 | $2,640 | $5,970 |
2014 | $5,588 | $9,725 | $2,640 | $7,085 |
2013 | $4,968 | $9,749 | $2,640 | $7,109 |
Source: Public Records
Map
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